Hancock employment information

IndexHancockMarylandNational
Income per capita$18,161$37,756$29,829
Median household income$33,125$76,067$55,322
Median income owner occupied$48,482$95,994$70,586
Median income renter occupied$21,815$47,333$35,192
Median earnings male$28,571$46,495$36,919
Median earnings female$22,093$35,612$26,250
Unemployment rate7.4%4.5%4.7%
Poverty level19.3%9.9%15.1%
The Hancock, MD employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Hancock is $18,161, which is 52% lower than than the Maryland average and 39% lower than than the national average. The median household income is $33,125, which is 56% lower than than the Maryland average and 40% lower than than the national average. The unemployment rate in Hancock is 7%, which is 59% higher than than the national average. The poverty rate in Hancock is 19% which is 28% higher than than the national average.

am i middle class

$Input your household income
$22,081$33,125$66,250
City
$50,706$76,067$152,134
State
$36,877$55,322$110,644
Nation
According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

Did you know?

  • The income per capita in Hancock is 39% lower than the national average.
  • The median household income in Hancock is 40% lower than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Hancock is 59% higher than the national average.
  • The poverty level in Hancock is 28% higher than the national average.

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Compare Hancock, MD Employment To Other Cities

Employment status

Hours worked per week

Hancock median earnings by income bracket

Hancock employment by industry

Labour TypeMaleFemale
Construction industry5.2%1.6%
Manufacturing sector14.8%0.9%
Financial & insurance services0.0%2.8%
Wholesale & retail services20.0%25.6%
Public administration13.5%4.4%
Transportation, warehousing & utilities11.1%2.8%
Education, health & social services6.8%29.7%
Other27.7%29.4%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Charlton, MD186$133,672142%
Pecktonville, MD270$81,58347%
Falling Waters, WV1,224$75,36536%
Hedgesville, WV322$70,62528%
Big Spring, MD98$59,3757%
Hancock, MD1,542$33,12540%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Nicholson, GA1,542$42,21424%
Woodacre, CA1,542$90,82464%
Union Point, GA1,542$23,75057%
Paradis, LA1,542$61,33611%
Lanark, IL1,542$48,57112%
Hancock, MD1,542$33,12540%
Source: The Hancock, MD employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).