Living in Hancock, New York
Cost of living, income, home prices, rent and demographics of Hancock · Census data 2020–2024
Hancock has 745 residents with a median age of 52.5. The median household income is $51,765 (40% lower than the New York median), the median home value is $150,000, the median rent is $958/month.
Hancock is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Hancock at a glance
- Population
- 745
- Median age
- 52.5State: 39.8
- Median household income
- $51,765State: $85,974
- Median home value
- $150,000State: $423,800
- Median rent
- $958/moState: $1,621
- Homeowners
- 52.7%
- Bachelor's degree or higher
- 20.8%
- Average commute
- 25 min
Is Hancock a good place to live?
Pros: Home values 65% lower than the state median; an average commute of 25 minutes.
Cons: Median household income 40% lower than the New York median; unemployment of 15.6%; a poverty rate of 16.6%.
The weather is best in June to September.
Cost of living in Hancock
Housing is the biggest part of the cost of living. In Hancock the median home value is $150,000, 55% lower than the U.S. median. Renters pay a median of $958 per month, which is 34.8% of household income. Homeowners with a mortgage pay $1,597 a month in housing costs.
Hancock median household income
The median household income in Hancock is $51,765 and the income per person is $32,472. 16.6% of residents live below the poverty line (New York: 14%).
Housing in Hancock: homes for sale and rent
- Housing units
- 629
- Owner-occupied
- 52.7%
- Renter-occupied
- 47.3%
- Vacant
- 40.9%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.00
40.9% of homes are vacant most of the year, a sign that Hancock has many vacation and second homes.
Hancock demographics
- Population
- 745
- Median age
- 52.5
- Under 18
- 13%
- 65 and older
- 30.2%
- Households
- 372
- Foreign-born
- 11.4%
- Veterans
- 7.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Hancock ›
Education in Hancock
20.8% of adults 25 and older in Hancock have a bachelor's degree or higher (New York: 40.2%), and 8.4% have a graduate or professional degree.
Jobs and commute in Hancock
- Unemployment rate
- 15.6%State: 6.4%
- Average commute
- 25 minState: 33 min
- Work from home
- 7.5%
- Drive alone
- 61.1%
- Public transit
- 0.7%
- Walk to work
- 9.9%
- Homes with broadband
- 94.6%
Hancock vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Hancock | 745 | $51,765 | $150,000 | $958 |
| Buckingham | 465 | $53,958 | $230,600 | $880 |
| Scott | 434 | $60,795 | $229,500 | $775 |
| Preston | 916 | $71,250 | $231,100 | $855 |
| Starrucca | 171 | $70,278 | $156,300 | — |
| Manchester | 680 | $68,333 | $292,200 | $778 |
| Deposit | 1,424 | $48,214 | $118,500 | $717 |
| Harmony | 399 | $59,375 | $112,500 | $956 |
| Thompson | 327 | $58,393 | $158,300 | $1,125 |
More for people moving to Hancock
Hancock ZIP code ›Weather and climate ›Living in Hancock: FAQ
What is the median household income in Hancock, NY?
The median household income in Hancock is $51,765, 40% lower than the New York median of $85,974 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Hancock?
The median home value in Hancock is $150,000, compared with $423,800 in New York.
How much is rent in Hancock?
The median gross rent in Hancock is $958 per month, about 34.8% of household income.
Is Hancock, NY a good place to live?
Pluses: home values 65% lower than the state median; an average commute of 25 minutes. Minuses: median household income 40% lower than the New York median; unemployment of 15.6%; a poverty rate of 16.6%.
What is the median age in Hancock?
The median age in Hancock is 52.5 years (New York: 39.8).
How long is the commute in Hancock?
The average commute to work in Hancock is 25 minutes; 7.5% of workers work from home.
What is the unemployment rate in Hancock?
The unemployment rate in Hancock is 15.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Hancock?
20.8% of adults in Hancock have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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