Iowa · Census place 34005
Hancock city, IA
Quick answer
Hancock city has 232 residents, ranking #666 of 1026 places in Iowa. Median household income is $79,375, the median home is worth $98,300 and median gross rent runs $794 a month.
- Population
- 232Hancock city residents
- Median household income
- $79,375Past 12 months, inflation adjusted
- Median home value
- $98,300Owner-occupied units
- Median gross rent
- $794Rent plus utilities, monthly
- Median age
- 47 yrsAll residents
- Homeownership rate
- 88.4%Owner-occupied households
What the numbers mean in Hancock city
Housing cost measured against local earnings.
A household earning the Hancock city median would spend about 12% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 10% of residents and 88.4% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Iowa.
- Grafton city 233
- Maharishi Vedic City city 233
- Fredonia city 232
- Alexander city 230
- Luxemburg city 230
- Crystal Lake city 229
- Parnell city 229
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