Hancock, IA Employment - Median Household Income, Unemployment Rate

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C-

1%

Income/capita NAT. AVG.

7%

Household income NAT. AVG.

42%

Unemployment NAT. AVG.

Index	Hancock	Iowa	National
Income per capita	$30,094	$28,872	$29,829
Median household income	$51,667	$54,570	$55,322
Median income owner occupied	$54,375	$66,527	$70,586
Median income renter occupied	$0	$30,828	$35,192
Median earnings male	$30,446	$37,409	$36,919
Median earnings female	$0	$25,115	$26,250
Unemployment rate	2.7%	3.1%	4.7%
Poverty level	14.2%	12.3%	15.1%

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Key findings

The income per capita in Hancock is 1% higher than the national average
The median household income in Hancock is 7% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Hancock is 42% lower than the national average
The poverty level in Hancock is 6% lower than the national average

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am i middle class

$34,441 $51,667 $103,334

City

$36,376 $54,570 $109,140

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.

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Hancock median earnings by income bracket

Hancock employment by industry

Labour Type	Male	Female
Construction industry	8.3%	8.3%
Manufacturing sector	15.5%	15.5%
Financial & insurance services	16.7%	16.7%
Wholesale & retail services	15.5%	15.5%
Public administration	4.8%	4.8%
Transportation, warehousing & utilities	8.3%	8.3%
Education, health & social services	0.0%	0.0%
Other	31.0%	31.0%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Bentley, IA	158	$192,794	248.5%
Treynor, IA	942	$77,188	39.5%
Minden, IA	648	$66,667	20.5%
Macedonia, IA	214	$64,667	16.9%
Neola, IA	1,055	$57,938	4.7%
Hancock, IA	263	$51,667	6.6%

Cities with similar population

City	Population	Household Income	National Avg.
Cooper Landing, AK	263	$61,875	11.8%
Lemon Cove, CA	263	$56,250	1.7%
Randolph, IA	263	$68,646	24.1%
Stanley, ID	263	$66,179	19.6%
Gorham, IL	263	$27,188	50.9%
Hancock, IA	263	$51,667	6.6%

Source: The Hancock, IA employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).