Hancock, Iowa Median Income

Hancock, Iowa has a population of 190, with a median household income of $56,400.

Current median income data for Hancock.

$56,400

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Population

190

💰

Median Income

$56,400

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Unemployment

3.50%

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Housing Price

$128,000

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Crime Rate

1.10

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Internet Speed

100.00 Mbps

Hancock is a small local community located in Iowa. The city has a population that is below the average city population in Iowa, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Hancock is a notable city in Iowa, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Hancock has a population of 190, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Hancock is $56,400, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Hancock is about $128,000, making it relatively affordable compared to many cities in Iowa.

Employment and Safety

The unemployment rate in Hancock is 3.50%, slightly above the state average, suggesting moderate employment conditions. Hancock has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Iowa, Hancock shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Hancock offers a balanced mix of economic conditions, population trends, and housing opportunities within Iowa.

Frequently Asked Questions about Hancock

What is the population of Hancock?

The population of Hancock is approximately 190.

Is Hancock a good place to live?

Hancock offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Hancock?

The median household income in Hancock is around $56,400.

How expensive is housing in Hancock?

The average housing price in Hancock is approximately $128,000.