Hancock, MD demographics:
population, income, and more
Hancock population
How many people live in Hancock
Hancock is home to 1,625 residents, according to the most recent Census data. Gender-wise, 41.2% of Hancock locals are male, and 58.8% are female.
Age demographics
The median age in Hancock is 42, with the population distributed as follows: about 19.6% are children under 15, then 14.5% are in the 15 to 24 age group. Adults between 25 and 44 make up 19.4% of the population, while another 27.5% fall into the 45 to 64 bracket. Finally, around 19% are 65 or older.
Racial makeup
There’s also a share of 6.4% that includes residents with two or more races.
Households in Hancock
A peek inside Hancock households
Hancock has 799 households, with an average of 2 members in each. Of these, 57.3% are families, while the remaining 42.7% are made up of individuals living alone or with non-relatives, such as roommates.
Households stats
Housing in Hancock
The housing landscape of Hancock
Hancock's housing consists of 928 units, with 62.6% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 6.4% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 4.8% of the housing landscape.
The age of buildings in Hancock
In Hancock, the median construction year is 1959. About 31.7% of homes were built before the 1940s, with another 8% going up by 1949. Most development happened in the second half of the 20th century.
Hancock occupancy rates
Out of the 799 occupied housing units in Hancock, 58% are owner-occupied, while 42% are lived in by tenants. Meanwhile, 13.9% of all homes on the local market sit vacant.
Hancock housing costs
Housing costs in Hancock come to a median of $1,021 per month, while tenants specifically pay a median gross rent of $924.
Education in Hancock
Hancock education at a glance
About 57.1% of the population in Hancock went to high school, while 23.9% pursued college studies. Another 8% earned an associate degree and 5% hold a bachelor’s. Meanwhile, 4.6% went even further, earning a master’s or doctorate.
Income in Hancock
How much people earn in Hancock
The average annual household income in Hancock was $53,603 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a -10.7% change from the previous year. At the same time, the median income stood at $34,886, reflecting a -11.4% shift over the same period.
Hancock income by age
In Hancock, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $73,250. Those with someone between 45 and 64 in charge, often well established professionally, earn $32,708 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $29,199, while those led by someone over 65, many of whom may be retired, have about $28,750 in earnings. Overall, 77.1% of the locals in this community live above the poverty line.
Average renter income in Hancock
To get a better sense of what renters earn on average in Hancock, their median household income was $27,563 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 40.2%, shows what portion of their earnings goes toward housing expenses.
Employment in Hancock
Workforce and job types in Hancock
The job market in Hancock is powered by 609 working residents, spread across a range of industries and roles. 67.5% of the working population are employed in professional or administrative positions, while 32.5% are in hands-on or service-based jobs. Also, 8.2% run their own businesses, 45.6% are employed by private companies, and 35.6% work in the public sector.
Workforce demographics
Available workforce
The unemployment rate in Hancock stands at 2.7%, representing the share of the workforce currently without a job and actively looking for one.
Transportation in Hancock
How people get around in Hancock
Commuting methods vary: 92.1% of residents travel by personal vehicle and 0.8% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.
What is the median and average household income in Hancock by zipcode?
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FAQs about Hancock demographics
What is the total population of Hancock?
What is the gender ratio in Hancock?
- 41.2% males (670 residents)
- 58.8% females (955 residents)
What is the median age in Hancock?
What is the age distribution of the population in Hancock?
- Under 15: 19.6% (319 residents)
- Ages 15-24: 14.5% (235 residents)
- Ages 25-44: 19.4% (316 residents)
- Ages 45-64: 27.5% (447 residents)
- Over 65: 19% (308 residents)
What is the racial and ethnic makeup of Hancock?
- White: 91.6% (1,488 residents)
- Black or African American: 0.9% (15 residents)
- American Indian and Alaska Native: 0.1% (1 residents)
- Asian: 0% (0 residents)
- Native Hawaiian and Other Pacific Islander: 0% (0 residents)
- Two or More Races: 6.4% (104 residents)
- Other: 1% (17 residents)
What percentage of the population in Hancock are U.S.-born citizens?
How many housing units are there in Hancock?
How many households are in Hancock and what is the average household size?
What is the median household income in Hancock?
What is the employment rate and job market overview for Hancock?
Job types:
- White-collar workers: 67.5% (411 residents)
- Blue-collar workers: 32.5% (198 residents)
Places of employment:
- Self-employed: 8.2% (50 residents)
- Private companies: 45.6% (278 residents)
- Governmental workers: 35.6% (217 residents)
- Not-for-profit companies: 10.5% (64 residents)
Data source & methodology
The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.
The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.
No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.