Maryland · Census place 36600
Hancock town, MD
Quick answer
Hancock town has 1,715 residents, ranking #292 of 536 places in Maryland. Median household income is $39,375, the median home is worth $175,000 and median gross rent runs $928 a month.
- Population
- 1,715Hancock town residents
- Median household income
- $39,375Past 12 months, inflation adjusted
- Median home value
- $175,000Owner-occupied units
- Median gross rent
- $928Rent plus utilities, monthly
- Median age
- 37.5 yrsAll residents
- Homeownership rate
- 54.9%Owner-occupied households
What the numbers mean in Hancock town
Housing cost measured against local earnings.
A household earning the Hancock town median would spend about 28.3% 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 4.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 22.9% of residents and 54.9% 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 Maryland.
- Kingstown CDP 1,836
- Derwood CDP 1,830
- Cedar Heights CDP 1,748
- Romancoke CDP 1,705
- Crownsville CDP 1,701
- Arden on the Severn CDP 1,691
- Ridgely town 1,685
Keep going
More Maryland coverage.