Hancock, MD Employment - Median Household Income, Unemployment Rate

Get 300+ Local Insights for Any Address in Hancock, MD

Get Access to 300+ Local Data Points

F

21%

Income/capita NAT. AVG.

22%

Household income NAT. AVG.

20%

Unemployment NAT. AVG.

Index	Hancock	Maryland	National
Income per capita	$23,693	$37,756	$29,829
Median household income	$43,350	$76,067	$55,322
Median income owner occupied	$54,821	$95,994	$70,586
Median income renter occupied	$23,222	$47,333	$35,192
Median earnings male	$30,563	$46,495	$36,919
Median earnings female	$14,597	$35,612	$26,250
Unemployment rate	3.7%	4.5%	4.7%
Poverty level	24.1%	9.9%	15.1%

Explore the Local Economy Before Moving!

See economic data around your specific address
Understand nearby income and employment trends
Compare local economies side by side

GET REPORT →

Key findings

The income per capita in Hancock is 21% lower than the national average
The median household income in Hancock is 22% 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

Compare Hancock, MD Employment

Compare Neighborhoods & Addresses

Why stop at city-to-city? With Local Insights, you can compare neighborhoods, zip codes, or even exact addresses. Access 300+ hyperlocal data points—from schools and crime to housing and amenities—to see which area is the better fit.

UNLOCK FULL COMPARISON →

Best Places for Employment in and Around Hancock

See all the best places to live around Hancock

Write a review to give others more information about this area.

See all Hancock poll results

am i middle class

$28,897 $43,350 $86,700

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.

The best places in Maryland

Here are the best places to live in Maryland

Safest Cities In The US

These are the largest cities in Maryland

Most Dangerous States In The US

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	1,168	$98,264	77.6%
Pecktonville, MD	287	$85,500	54.5%
Falling Waters, WV	1,991	$83,051	50.1%
Hedgesville, WV	346	$70,813	28.0%
Clear Spring, MD	486	$59,750	8.0%
Hancock, MD	1,691	$43,350	21.6%

Cities with similar population

City	Population	Household Income	National Avg.
Victoria, NL	1,691	n/a
Central Kootenay K, BC	1,691	n/a
McAlmont, AR	1,692	$27,398	50.5%
Lacoochee, FL	1,690	$0	100.0%
Reinbeck, IA	1,690	$70,682	27.8%
Hancock, MD	1,691	$43,350	21.6%

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