Hancock, MN Employment - Median Household Income, Unemployment Rate

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C+

15%

Income/capita NAT. AVG.

23%

Household income NAT. AVG.

2%

Unemployment NAT. AVG.

Index	Hancock	Minnesota	National
Income per capita	$38,245	$49,588	$44,883
Median household income	$99,925	$92,370	$81,333
Median income owner occupied	$103,481	$117,544	$106,172
Median income renter occupied	$54,696	$52,026	$52,080
Median earnings male	$58,728	$60,747	$54,343
Median earnings female	$27,085	$42,223	$38,439
Unemployment rate	5.0%	3.6%	4.9%
Poverty level	9.0%	10.8%	15.1%

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Key findings

The income per capita in Hancock is 15% lower than the national average
The median household income in Hancock is 23% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Hancock is 2% higher than the national average
The poverty level in Hancock is 40% lower than the national average

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am i middle class

$66,610 $99,925 $199,850

City

$61,573 $92,370 $184,740

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	22.2%	22.2%
Manufacturing sector	24.2%	24.2%
Financial & insurance services	0.0%	0.0%
Wholesale & retail services	6.6%	6.6%
Public administration	1.0%	1.0%
Transportation, warehousing & utilities	12.6%	12.6%
Education, health & social services	7.6%	7.6%
Other	24.7%	24.7%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Danvers, MN	174	$148,620	82.7%
Donnelly, MN	259	$108,046	32.8%
Lowry, MN	353	$106,364	30.8%
Clontarf, MN	94	$103,032	26.7%
Alberta, MN	154	$88,364	8.6%
Hancock, MN	764	$99,925	22.9%

Cities with similar population

City	Population	Household Income	National Avg.
Clayhatchee, AL	764	$67,690	16.8%
Hugo, CO	764	$70,067	13.9%
Coggon, IA	764	$113,419	39.5%
Melbourne, IA	764	$103,873	27.7%
New Harmony, IN	764	$66,402	18.4%
Hancock, MN	764	$99,925	22.9%

Source: The Hancock, MN 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.