City profile · Minnesota · Census ACS 2023

Hancock, MN

Population, income, housing, safety, climate and schools for Hancock - drawn straight from Census ACS, FBI UCR, NOAA, NCES, HUD and FEMA, refreshed on the 2024–2025 release cycle.

816
Residents
$69,712
Median income
$79,600
Median home
$991
Median rent (state)

Hancock - the verdict

Hancock ranks in the 49th percentile for household income nationally, out of every US city with at least 1,000 residents. Source: Census ACS.

49th
percentile, household income
4th
percentile, home value
19th
percentile, median rent
📝 How we sourced this

Population, income, and housing-cost figures come from the U.S. Census Bureau American Community Survey 5-year estimates (B-series tables). Crime data uses FBI UCR; climate uses NOAA Climate Normals; school counts come from NCES Common Core of Data; permits use the Census Building Permits Survey (BPS). See our methodology page for the full ETL pipeline and OMB / FIPS join keys.

Data Snapshot: Hancock, MN

Minnesota's Hancock is a small town, with 816 residents per the latest Census Bureau ACS figures. The typical household in Hancock brings in $69,712 a year, below the median for U.S. cities on this measure, with a poverty rate of 2.7%. Home values in Hancock run a median of $79,600, and the median resident age is 33.6 years. 16.1% of adults here have a bachelor's degree or higher; 69.0% of working-age residents are in the labor force.

In 2024, 0 residential building permits were authorized in Hancock (No Permits), down 100% from five years earlier, per Census BPS data.

Minnesota tracks close to the national cost-of-living baseline: on BEA's 100-equals-national-average cost index, Minnesota scores 98.6 (Near Average), per the 2024 Regional Price Parities release. Statewide, HUD pegs Fair Market Rent for a two-bedroom unit at $991 monthly. Statewide, average monthly utility bills in Minnesota run around $225, per EIA 2023 residential energy data. FEMA's National Risk Index rates natural-hazard exposure at 7.0 out of 100 (Very Low).

Population

816 residents

Census ACS 2023 - Minnesota

Median Household Income

$69,712 /yr

Poverty 2.7%

Cost of Living Index (state)

98.6 (US=100)

Near Average - BEA RPP 2024, Minnesota average

How does Hancock compare to other US cities?

Hancock measured against every US city with 1,000+ residents, computed live from the same Census and FBI data shown throughout this page.

Household income 49% higher than other cities
Home value 4% pricier than other cities
Median rent 19% pricier than other cities

"Safer than" reflects total crime rate from FBI UCR; the others use Census ACS estimates.

How we calculate these percentiles & ranks

Each percentile compares Hancock against every qualifying US city; each in-state rank narrows that to Minnesota only. Full formula and direction notes: methodology.

Minnesota-relative analysis

Median Home Value places Hancock near the bottom of Minnesota's cities

Among the 774 Minnesota cities PlainCities tracks with reported median home value data, Hancock ranks #705 - the 9th percentile within the state. This is a different, narrower cut than the nationwide percentiles above: it compares Hancock only against its own state's cities, not the full US field.

Median Household Income
#364 of 775
53rd percentile in Minnesota
Median Gross Rent
#493 of 785
35th percentile in Minnesota
Median Home Value
#705 of 774
9th percentile in Minnesota
Poverty Rate
#556 of 785
28th percentile in Minnesota
Bachelor's Degree or Higher
#531 of 784
32nd percentile in Minnesota

Ranked by raw value (highest first); a higher rank is not automatically "better" for every measure, see each metric's own context above. This is a comparison within Minnesota only, not a livability score. See the methodology for the source and calculation.

49thIncome percentile

49th percentile nationally for median household income. Source: Census ACS 2023 / FBI UCR 2023.

How Hancock's home value compares nationally

Median home value vs. every US city (population 1,000+)

$79,600 Among the most affordable more affordable than 96% of 15,600 US cities

$0–$25,000: 5 US cities (0%). Below this entry. $25,000–$50,000: 54 US cities (0%). Below this entry. $50,000–$75,000: 352 US cities (2%). Below this entry. $75,000–$100,000: 1,086 US cities (7%). This entry sits in this band. $100,000–$125,000: 1,516 US cities (10%). Above this entry. $125,000–$150,000: 1,170 US cities (8%). Above this entry. $150,000–$175,000: 1,278 US cities (8%). Above this entry. $175,000–$200,000: 1,229 US cities (8%). Above this entry. $200,000–$225,000: 1,035 US cities (7%). Above this entry. $225,000–$250,000: 976 US cities (6%). Above this entry. $250,000–$275,000: 754 US cities (5%). Above this entry. $275,000–$300,000: 712 US cities (5%). Above this entry. $300,000–$325,000: 521 US cities (3%). Above this entry. $325,000–$350,000: 526 US cities (3%). Above this entry. $350,000–$375,000: 465 US cities (3%). Above this entry. $375,000–$400,000: 393 US cities (3%). Above this entry. $400,000–$425,000: 317 US cities (2%). Above this entry. $425,000–$450,000: 300 US cities (2%). Above this entry. $450,000–$475,000: 307 US cities (2%). Above this entry. $475,000–$500,000: 250 US cities (2%). Above this entry. $500,000–$525,000: 160 US cities (1%). Above this entry. $525,000–$550,000: 156 US cities (1%). Above this entry. $550,000–$575,000: 172 US cities (1%). Above this entry. $575,000–$600,000: 172 US cities (1%). Above this entry. $600,000–$625,000: 163 US cities (1%). Above this entry. $625,000–$650,000: 167 US cities (1%). Above this entry. $650,000–$675,000: 135 US cities (1%). Above this entry. $675,000–$700,000: 101 US cities (1%). Above this entry. $700,000–$725,000: 95 US cities (1%). Above this entry. $725,000–$750,000: 71 US cities (0%). Above this entry. $750,000–$775,000: 65 US cities (0%). Above this entry. $775,000–$800,000: 70 US cities (0%). Above this entry. $800,000–$825,000: 57 US cities (0%). Above this entry. $825,000–$850,000: 67 US cities (0%). Above this entry. $850,000–$875,000: 60 US cities (0%). Above this entry. $875,000–$900,000: 58 US cities (0%). Above this entry. $900,000–$925,000: 47 US cities (0%). Above this entry. $925,000–$950,000: 37 US cities (0%). Above this entry. $950,000–$975,000: 31 US cities (0%). Above this entry. $975,000–$1,000,000: 470 US cities (3%). Above this entry. $1,000,000–$1,025,000: 0 US cities (0%). Above this entry. Hancock $0 $1,025,000 every US city, bucketed by value

Each bar is a $25K-wide band; taller bars hold more US cities. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau ACS 5-Year Estimates · 2023

Income distribution context

Household income distribution - Hancock, MN Hancock, MN's reported median household income shown against the U.S. national quintile-share pattern (not Hancock, MN-specific quintile data). The Lorenz curve traces the national cumulative income share against cumulative population share, perfect equality is the diagonal; observed inequality bows below. $ Household Income Distribution Hancock, MN median $69,712/yr, vs. U.S. national quintile pattern QUINTILE SHARE OF AGGREGATE INCOME Lowest 20% 3.4% Second 20% 9.2% Middle 20% 15.1% Fourth 20% 23.2% Top 20% 49.1% LORENZ CURVE cumulative income vs. population 100% 0% 100% pop. 0%
Hancock, MN's median household income (Census ACS 5-year estimate) plotted against the U.S. national income-quintile distribution pattern for context; the quintile shares and Lorenz curve are national figures, not computed specifically for Hancock, MN. Diagonal = perfect equality.

Key socioeconomic indicators

Bachelor's degree or higher (adults 25+) 16.1%

Census ACS S1501, educational attainment

Poverty rate (households below FPL) 2.7%

Census ACS S1701, poverty status

Labor force participation (adults 16+) 69.0%

Census ACS S2301, share of working-age residents in the labor force

Population
816
Median Income
$69,712
Median Home Value
$79,600
Median Age
33.6
Poverty Rate
2.7%
Labor force participation
69.0%
Bachelor's Degree+
16.1%

Schools

Total Schools
2
Public schools in this city

Population Change

Annual U.S. Census Bureau Population Estimates Program (PEP) estimates, 2020–2025

See the fastest-growing cities →
840 residents850 residents860 residents870 residents 202020212022202320242025 848 residents 846 residents ▼ -0.2%
Hancock's Census PEP population estimates, 2020–2025.

Housing Supply

Census Bureau Building Permits Survey (BPS) - annual residential permits authorized

Total Permits (2024)
0
housing units authorized
Single-Family
0
detached homes
Multifamily
0
apartments & condos

5-Year Permit Trend (2019–2024)

Year Total
2019 1
2020 0
2021 1
2022 0
2023 0
2024 0

Permit volume decreased 100% from 2019 to 2024.

Commute Patterns

How workers travel to work, Census ACS 2023

Drive Alone
82.1%
Carpool
10.8%
Public Transit
0.0%
Walk
5.0%
Work from Home
2.1%

Based on 436 workers 16 and over.

Monthly Utility Costs

State-average estimates for Minnesota - EIA 2023 residential energy data

Electricity
$95
avg/month
Natural Gas
$85
avg/month
Water & Sewer
$45
avg/month
Total Utilities
$225
estimated/month

Estimates reflect Minnesota state averages. Actual costs vary by home size, usage, and local rates. Source: U.S. Energy Information Administration (EIA) 2023.

Living Costs & Risk

Cost of living is a Minnesota state average from BEA; rent and hazard risk are county-level figures from HUD and FEMA for the county Hancock sits in

Cost of Living Index
98.6
Near Average
US average = 100 · BEA RPP 2024
Typical 2-BR Rent
$991/mo
HUD Fair Market Rent
County-level FMR estimate
Natural Hazard Risk
7.0 / 100
Very Low
FEMA NRI composite score (county)

Similar Cities in Minnesota

Kerkhoven
826 people
Freeport
827 people
Loretto
805 people
Lanesboro
804 people
Hallock
829 people
Landfall
802 people

Cities of a Similar Size Nationwide

Population-matched peers from other states, closest to Hancock's 816 residents (Census ACS 5-Year 2023).

Holly Pond, AL
816 people
Klamath, CA
816 people
Blairsville, GA
816 people
Gifford, IL
816 people
Monroe City, IN
816 people
Eldon, IA
816 people

Cities with a Similar Household Income Nationwide

Median-household-income-matched peers from other states, closest to Hancock's $69,712 (Census ACS 5-Year 2023, table B19013).

Black Canyon, AZ
$69,718 median income
Cabazon, CA
$69,704 median income
New Haven, MO
$69,701 median income
Castle Hayne, NC
$69,729 median income
Lakeside, VA
$69,695 median income
Humphrey, NE
$69,732 median income

Race & Ethnicity Composition

Race and ethnicity - Hancock, MN Race categories sum to one hundred percent per Census methodology. Hispanic or Latino is shown separately as an ethnicity overlay; it cuts across all race categories per OMB Directive 15. Race & Ethnicity Composition Hancock, MN - Census ACS, OMB race + ethnicity categories RACE, sums to 100% 90.7% 6.4% ETHNICITY, Hispanic or Latino (any race) 7.5% White 90.7% Black or African American 0.0% Asian 0.4% American Indian 0.1% Native Hawaiian 0.0% Some other race 2.5% Two or more races 6.4% Per OMB Directive 15: Hispanic/Latino ethnicity is reported separately from the race categories.
Race categories sum to 100%. Hispanic or Latino ethnicity is reported separately and cuts across race per Census/OMB methodology.

City-level race and ethnicity, Census ACS 5-year 2023 (tables B02001, B03001), OMB Directive 15 categories.

How Hancock compares to nearby Minnesota cities

Population + median household income, sourced from Census Bureau ACS 5-year B01001 (population) and B19013 (median household income).

City Population Median Household Income
Hancock (this city) 816 $69,712
Kerkhoven 826 $73,750
Freeport 827 $87,396
Loretto 805 $110,833
Census ACS 5-year FIPS MN NCES CCD Census BPS 2024 OMB Bulletin 23-01

What do people ask about Hancock, MN?

What is the population of Hancock, MN? +

816 people live in Hancock, MN according to U.S. Census Bureau ACS 2023 estimates.

What is the median household income in Hancock, MN? +

The median household income in Hancock is $69,712 per year, based on Census ACS 2023 data.

What is the cost of living in Hancock? +

BEA does not publish a city-level cost-of-living figure for Hancock; the closest available measure is the Minnesota state average, a cost of living index of 98.6 (U.S. average = 100), rated "Near Average" based on BEA Regional Price Parities 2024 data. Costs within Minnesota vary by metro area.

What is the median home value in Hancock, MN? +

Homes in Hancock carry a median value of $79,600, according to Census ACS 2023 estimates.

Source: U.S. Census Bureau ACS 5-Year 2023, NCES CCD, Census BPS 2024, Census ACS B08301/B08136, U.S. Energy Information Administration (EIA) 2023, BEA Regional Price Parities 2024, HUD Fair Market Rents 2026, FEMA National Risk Index.

Read our methodology - how this data is sourced, computed, and verified.

Primary sources: Census ACS, FBI UCR, NOAA Climate Normals, NCES.

Citation & verification links Data sourced from the U.S. Census Bureau. See our methodology for details. Retrieved and formatted by PlainCities

Verify with HUD →

Verify with FBI →

Verify with NOAA →

Verify with U.S. Census Bureau →

Verify with EPA →

Verify with FEMA →

Verify with BEA →

Verify with EIA →

Verify with NCES →

Every figure on PlainCities is rendered directly from Census ACS source data, no number is typed in by an editor. This page draws directly on Census ACS source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.