Hancock, Stevens County, MN demographics:
population, income, and more

Total population
859
5.3% year-over-year change
Median household income
$70,481/yr
1.1% year-over-year change
Housing units
362
-0.8% year-over-year change

Hancock population

How many people live in Hancock

Hancock is home to 859 residents, according to the most recent Census data. Gender-wise, 52.3% of Hancock locals are male, and 47.7% are female.

Total population
859
5.3% year-over-year change
Gender ratio
Male
52.3%
449
Female
47.7%
410
Value Percent YoY change
Male 449 52.3% 7.4%
Female 410 47.7% 3.0%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Hancock is 37, with the population distributed as follows: about 23.6% are children under 15, then 17.2% are in the 15 to 24 age group. Adults between 25 and 44 make up 23.2% of the population, while another 21.1% fall into the 45 to 64 bracket. Finally, around 14.9% are 65 or older.

Median age
37.1
Age breakdown
Under 15
23.6%
15 to 24
17.2%
25 to 44
23.2%
45 to 64
21.1%
Over 65
14.9%
Value Percent YoY change
Under 15 203 23.6% 16.0%
15 to 24 148 17.2% -17.8%
25 to 44 199 23.2% 25.2%
45 to 64 181 21.1% -2.2%
Over 65 128 14.9% 9.4%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Hancock, 87.9% of the population are US-born citizens, while 2.6% have gained naturalized citizenship. At the same time, 9.6% of residents are non-citizens. As for race, 79.7% of locals are Caucasian, 0.8% are African American and 1.6% have Asian roots. There’s also a share of 14.3% that includes residents with two or more races.

Citizenship
U.S.-born citizens
87.9%
Non-U.S.-born citizens
2.6%
Non-citizens
9.6%
Value Percent YoY change
U.S.-born citizens 755 87.9% -2.7%
Non-U.S.-born citizens 22 2.6% 37.5%
Non-citizens 82 9.6% 241.7%
Racial breakdown
White
79.7%
Black or African American
0.8%
American Indian and Alaska Native
0.1%
Asian
1.6%
Native Hawaiian and other Pacific Islander
0%
Two or more races
14.3%
Other
3.4%
Value Percent
White 685 79.7%
Black or African American 7 0.8%
American Indian and Alaska Native 1 0.1%
Asian 14 1.6%
Two or more races 123 14.3%
Other 29 3.4%

Households in Hancock

A peek inside Hancock households

Hancock has 323 households, with an average of 3 members in each. Of these, 71.8% are families, while the remaining 28.2% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
323
2.5% year-over-year change
Average people per household
3
Non-family households
91
Family households
232
Value Percent YoY change
Non-family households 91 28.2% 1.1%
Family households 232 71.8% 3.1%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Hancock

The housing landscape of Hancock

Hancock's housing consists of 362 units, with 77.6% being detached single-family homes ideal for those wanting space. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 5.5% of the housing landscape.

Housing units
362
-0.8% year-over-year change
Housing types
Value Percent
1 unit, detached 281 77.6%
5 to 9 units 16 4.4%
10 to 19 units 42 11.6%
20 to 49 units 3 0.8%
Mobile home 20 5.5%
Homes built since 2020
0
% year-over-year change

The age of buildings in Hancock

In Hancock, the median construction year is 1962. About 27.6% of homes were built before the 1940s, with another 7.7% going up by 1949. Most development happened in the second half of the 20th century.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 100 27.6% -3.9%
Built between 1940 and 1949 28 7.7% -47.2%
Built between 1950 and 1959 46 12.7% 7.0%
Built between 1960 and 1969 46 12.7% 17.9%
Built between 1970 and 1979 78 21.6% 4.0%
Built between 1980 and 1989 18 5% 38.5%
Built between 1990 and 1999 27 7.5% 28.6%
Built between 2000 and 2009 9 2.5% -30.8%
Built between 2010 and 2019 10 2.8% 150.0%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Hancock occupancy rates

Out of the 323 occupied housing units in Hancock, 81.7% are owner-occupied, while 18.3% are lived in by tenants. Meanwhile, 10.8% of all homes on the local market sit vacant.

Occupied housing units
323
2.5% year-over-year change
Occupancy breakdown
Renter occupied
59
Owner occupied
264
Value Percent YoY
change
Renter occupied 59 18.3% 51.3%
Owner occupied 264 81.7% -4.3%
Unoccupied housing units
10.8%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Hancock housing costs

Housing costs in Hancock come to a median of $680 per month, while tenants specifically pay a median gross rent of $792.

Median housing costs per month
$680/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Hancock
$792/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Hancock

Hancock education at a glance

About 45.2% of the population in Hancock went to high school, while 29% pursued college studies. Another 9.7% earned an associate degree and 11.8% hold a bachelor’s. Meanwhile, 2.2% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 13 2.1% 8.3%
High school diploma 281 45.2% -2.4%
College diploma 180 29% 5.3%
Associate degree 60 9.7% 3.5%
Bachelor's degree 73 11.8% 9.0%
Graduate degree 14 2.2% -26.3%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Hancock

How much people earn in Hancock

The average annual household income in Hancock was $77,562 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a -0.3% change from the previous year. At the same time, the median income stood at $70,481, reflecting a +1.1% shift over the same period.

Average household income in Hancock
$77,562/year
-0.3% year-over-year change
Median household income in Hancock
$70,481/year
1.1% year-over-year change

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 $59,375. Those with someone between 45 and 64 in charge, often well established professionally, earn $85,000 overall. Overall, 92.1% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
25 - 44 $59,375 -0.2%
45 - 64 $85,000 -2.9%
Over 65 $76,875 -5.0%
Above poverty level
767
Below poverty level
66
Value Percent YoY
change
Above poverty level 767 92.1% 1.2%
Below poverty level 66 7.9% 61.0%

Average renter income in Hancock

To get a better sense of what renters earn on average in Hancock, their median household income was $42,656 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 22.3%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$42,656
Rent-to-income ratio
22.3%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Hancock

Workforce and job types in Hancock

The job market in Hancock is powered by 416 working residents, spread across a range of industries and roles. 51.9% of the working population are employed in professional or administrative positions, while 48.1% are in hands-on or service-based jobs. Also, 17.3% run their own businesses, 60.3% are employed by private companies, and 14.4% work in the public sector.

Workforce demographics

Working population
416
-5.2% year-over-year change
White collar
216
Blue collar
200
Value Percent YoY change
White collar 216 51.9% -11.5%
Blue collar 200 48.1% 2.6%
Employer type
Self employees
17.3%
Private companies
60.3%
Governmental workers
14.4%
Not for profit companies
7.9%
Value Percent YoY change
Self employees 72 17.3% 4.3%
Private companies 251 60.3% 2.0%
Governmental workers 60 14.4% -6.2%
Not for profit companies 33 7.9% -45.0%
Unemployment rate
5.2%
43.8% year-over-year change

Available workforce

The unemployment rate in Hancock stands at 5.2%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Hancock

How people get around in Hancock

Commuting methods vary: 89.3% of residents travel by personal vehicle and 4.9% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 367 89.3% -9.4%
Taxicab 1 0.2% N/A
Walk 20 4.9% -9.1%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Hancock by zipcode?

Zipcode Population Number of households Median income Average income
56244 1,832 635 $85,417 $121,135

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FAQs about Hancock demographics 

What is the total population of Hancock?

Hancock has a total population of 859 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +5.3% compared to a year ago.

What is the gender ratio in Hancock?

The gender ratio in Hancock is as follows:
  • 52.3% males (449 residents)
  • 47.7% females (410 residents)

What is the median age in Hancock?

The median age in Hancock is 37.1.

What is the age distribution of the population in Hancock?

The age distribution in Hancock is as follows:
  • Under 15: 23.6% (203 residents)
  • Ages 15-24: 17.2% (148 residents)
  • Ages 25-44: 23.2% (199 residents)
  • Ages 45-64: 21.1% (181 residents)
  • Over 65: 14.9% (128 residents)

What is the racial and ethnic makeup of Hancock?

The racial and ethnic makeup of Hancock is as follows:
  • White: 79.7% (685 residents)
  • Black or African American: 0.8% (7 residents)
  • American Indian and Alaska Native: 0.1% (1 residents)
  • Asian: 1.6% (14 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 14.3% (123 residents)
  • Other: 3.4% (29 residents)

What percentage of the population in Hancock are U.S.-born citizens?

U.S.-born citizens represent 87.9% of the population in Hancock.

How many housing units are there in Hancock?

There are 362 housing units in Hancock, reflecting a -0.8% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Hancock and what is the average household size?

Hancock has a total of 323 households, with an average of 3 people in each.

What is the median household income in Hancock?

Hancock has a median household income of $70,481, representing a +1.1% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Hancock?

The employment rate is 94.8% in Hancock, with a workforce of 416 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 51.9% (216 residents)
  • Blue-collar workers: 48.1% (200 residents)

Places of employment:
  • Self-employed: 17.3% (72 residents)
  • Private companies: 60.3% (251 residents)
  • Governmental workers: 14.4% (60 residents)
  • Not-for-profit companies: 7.9% (33 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.

Page last updated: September 2025