Living in Hancock, Wisconsin
Cost of living, income, home prices, rent and demographics of Hancock · Census data 2020–2024
Hancock has 471 residents with a median age of 43.8. The median household income is $51,071 (34% lower than the Wisconsin median), the median home value is $155,000, the median rent is $695/month.
Hancock is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Hancock at a glance
- Population
- 471
- Median age
- 43.8State: 40.2
- Median household income
- $51,071State: $77,485
- Median home value
- $155,000State: $266,500
- Median rent
- $695/moState: $1,087
- Homeowners
- 73%
- Bachelor's degree or higher
- 5.6%
- Average commute
- 24 min
Is Hancock a good place to live?
Pros: Home values 42% lower than the state median.
Cons: Median household income 34% lower than the Wisconsin median; an average commute of 24 minutes; unemployment of 8.3%; a poverty rate of 23.8%.
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 $155,000, 53% lower than the U.S. median. Renters pay a median of $695 per month, which is 18.1% of household income. Homeowners with a mortgage pay $1,256 a month in housing costs.
Hancock median household income
The median household income in Hancock is $51,071 and the income per person is $25,210. 23.8% of residents live below the poverty line (Wisconsin: 10.6%).
Housing in Hancock: homes for sale and rent
- Housing units
- 317
- Owner-occupied
- 73%
- Renter-occupied
- 27%
- Vacant
- 27.4%Includes seasonal homes
- Median year built
- 1969
- Average household size
- 2.05
Hancock demographics
- Population
- 471
- Median age
- 43.8
- Under 18
- 23.4%
- 65 and older
- 24.4%
- Households
- 230
- Foreign-born
- 1.3%
- Veterans
- 3.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Hancock ›
Education in Hancock
5.6% of adults 25 and older in Hancock have a bachelor's degree or higher (Wisconsin: 33.4%), and 1.5% have a graduate or professional degree.
Jobs and commute in Hancock
- Unemployment rate
- 8.3%State: 3.2%
- Average commute
- 24 minState: 22 min
- Work from home
- 21.2%
- Drive alone
- 63.6%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 90%
Hancock vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Hancock | 471 | $51,071 | $155,000 | $695 |
| Plainfield | 1,094 | $60,375 | $102,300 | $741 |
| Coloma | 549 | $75,000 | $122,200 | $871 |
| Almond | 441 | $72,431 | $153,800 | $675 |
| Bancroft | 673 | $77,059 | $98,200 | $840 |
| Wautoma | 1,817 | $32,361 | $131,600 | $801 |
| Lake Camelot | 1,162 | $95,125 | $310,900 | — |
| Wild Rose | 903 | $48,750 | $110,900 | $847 |
| Lake Sherwood | 369 | $84,911 | $259,400 | — |
More for people moving to Hancock
Hancock ZIP code ›Weather and climate ›Living in Hancock: FAQ
What is the median household income in Hancock, WI?
The median household income in Hancock is $51,071, 34% lower than the Wisconsin median of $77,485 (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 $155,000, compared with $266,500 in Wisconsin.
How much is rent in Hancock?
The median gross rent in Hancock is $695 per month, about 18.1% of household income.
Is Hancock, WI a good place to live?
Pluses: home values 42% lower than the state median. Minuses: median household income 34% lower than the Wisconsin median; an average commute of 24 minutes; unemployment of 8.3%; a poverty rate of 23.8%.
What is the median age in Hancock?
The median age in Hancock is 43.8 years (Wisconsin: 40.2).
How long is the commute in Hancock?
The average commute to work in Hancock is 24 minutes; 21.2% of workers work from home.
What is the unemployment rate in Hancock?
The unemployment rate in Hancock is 8.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Hancock?
5.6% 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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