Hancock, MD Employment - Median Household Income, Unemployment Rate

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F

20%

Income/capita NAT. AVG.

21%

Household income NAT. AVG.

20%

Unemployment NAT. AVG.

Index	Hancock	Maryland	National
Income per capita	$35,757	$55,489	$44,883
Median household income	$64,657	$112,126	$81,333
Median income owner occupied	$80,668	$142,381	$106,172
Median income renter occupied	$34,438	$70,540	$52,080
Median earnings male	$44,396	$69,331	$54,343
Median earnings female	$21,537	$51,519	$38,439
Unemployment rate	3.9%	4.8%	4.9%
Poverty level	24.1%	9.9%	15.1%

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Homes For Sale In Hancock, MD

145 E Main St

Hancock, MD

14141 Roberts Rd

Hancock, MD

14622 Hollow Rd

Hancock, MD

4014 Resley Rd

Hancock, MD

Key findings

The income per capita in Hancock is 20% lower than the national average
The median household income in Hancock is 21% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Hancock is 20% lower than the national average
The poverty level in Hancock is 59% higher than the national average

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am i middle class

$43,100 $64,657 $129,314

City

$74,743 $112,126 $224,252

State

$54,216 $81,333 $162,666

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	5.5%	5.5%
Manufacturing sector	15.6%	15.6%
Financial & insurance services	0.0%	0.0%
Wholesale & retail services	17.1%	17.1%
Public administration	29.0%	29.0%
Transportation, warehousing & utilities	4.3%	4.3%
Education, health & social services	5.3%	5.3%
Other	22.7%	22.7%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Fort Loudon, PA	1,211	$149,290	83.6%
Pecktonville, MD	299	$129,531	59.3%
Falling Waters, WV	2,058	$121,447	49.3%
Hedgesville, WV	359	$105,086	29.2%
Clear Spring, MD	498	$88,656	9.0%
Hancock, MD	1,737	$64,657	20.5%

Cities with similar population

City	Population	Household Income	National Avg.
Reinbeck, IA	1,737	$103,984	27.8%
East Millinocket, ME	1,737	$66,906	17.7%
Navarre, OH	1,737	$75,496	7.2%
Mercersburg, PA	1,737	$75,716	6.9%
Woodbranch, TX	1,737	$103,541	27.3%
Hancock, MD	1,737	$64,657	20.5%

Source: The Hancock, MD employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.