What is the population of Hancock town?

Hancock town has 1,715 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #292 of 536 in Maryland.

What is the median household income in Hancock town?

Median household income in Hancock town is $39,375 a year, 49.9% below the national figure of $78,538.

How much does it cost to rent or buy in Hancock town?

Median gross rent is $928 a month and the median home value is $175,000, so rent absorbs about 28.3% of median household income.

Is Hancock town affordable compared with the rest of the US?

Homes cost about 4.4× the local median income here versus roughly 3.9× nationally, so Hancock town is less affordable to buy in than the typical US market, and rent takes 28.3% of median income against the 30% cost-burden line.

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Maryland · Census place 36600

Hancock, MD population, income and ZIP codes

Quick answer

The population of the city of Hancock, Maryland (Hancock, MD — Census place “Hancock town”) is 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. Looking for the Hancock Maryland ZIP code list? 1 ZIP codes serve Hancock, MD: 21750.

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

Hancock ZIP codes (Maryland)

Census ZCTAs whose delivery area overlaps Hancock.

The Hancock MD ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.

21750

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

Hancock town, MD in context

How this area compares with national benchmarks.

Hancock town is a small town in Maryland, with 1,715 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #292 of 536 ranked by population — larger than 45% of them. The median age here is 37.5 years against 39.1 nationally, a slightly younger profile than the country as a whole. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Hancock town earn a median of $39,375 a year, 49.9% below the national figure of $78,538 and 64% below the $109,026 median for the 332 Maryland cities we cover. Household income here is measured before tax and pooled across everyone at the address, which is why it reads higher than typical individual earnings in the same area. Poverty reaches 22.9% of residents here, well above the 12.4% national rate, which is the single clearest signal in this dataset that median income here is carried by a narrow band of households.

The typical owner-occupied home in Hancock town is valued at $175,000, 42.3% below the national figure and 56% below the $397,200 peer median, while median gross rent runs $928 a month, 34% below the national figure, or roughly $11,136 across a full year. A household on the local median income would put about 28.3% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is within the standard affordability guideline. The home-price-to-income ratio works out to 4.4×, against roughly 3.9× nationally, so buying is harder here than in the average US market. 54.9% of occupied homes are owner-occupied versus 65% nationally, so the market leans more heavily on renters. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.

All values below were released by the Census for this exact geography, with no gap-filling on our side. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

Compare with nearby places

Places of similar size in Maryland.

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Frequently asked questions

Common questions about this area.

What is the population of Hancock town?: Hancock town has 1,715 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #292 of 536 in Maryland.
What is the median household income in Hancock town?: Median household income in Hancock town is $39,375 a year, 49.9% below the national figure of $78,538.
How much does it cost to rent or buy in Hancock town?: Median gross rent is $928 a month and the median home value is $175,000, so rent absorbs about 28.3% of median household income.
Is Hancock town affordable compared with the rest of the US?: Homes cost about 4.4× the local median income here versus roughly 3.9× nationally, so Hancock town is less affordable to buy in than the typical US market, and rent takes 28.3% of median income against the 30% cost-burden line.
How current is this Hancock town data?: All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.