What is the population of Hancock city?

Hancock city has 4,510 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #190 of 745 in Michigan.

What is the median household income in Hancock city?

Median household income in Hancock city is $55,278 a year, 29.6% below the national figure of $78,538.

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

Median gross rent is $740 a month and the median home value is $185,700, so rent absorbs about 16.1% of median household income.

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

Homes cost about 3.4× the local median income here versus roughly 3.9× nationally, so Hancock city is more affordable to buy in than the typical US market, and rent takes 16.1% of median income against the 30% cost-burden line.

Aerial view of a dense city center, illustrating the US cities ZIP code directory

Michigan · Census place 36300

Hancock, MI population, income and ZIP codes

Quick answer

The population of the city of Hancock, Michigan (Hancock, MI — Census place “Hancock city”) is 4,510 residents, ranking #190 of 745 places in Michigan. Median household income is $55,278, the median home is worth $185,700 and median gross rent runs $740 a month. Looking for the Hancock Michigan ZIP code list? 1 ZIP codes serve Hancock, MI: 49930.

Population: 4,510Hancock city residents
Median household income: $55,278Past 12 months, inflation adjusted
Median home value: $185,700Owner-occupied units
Median gross rent: $740Rent plus utilities, monthly
Median age: 31.4 yrsAll residents
Homeownership rate: 53.5%Owner-occupied households

Hancock ZIP codes (Michigan)

Census ZCTAs whose delivery area overlaps Hancock.

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

49930

What the numbers mean in Hancock city

Housing cost measured against local earnings.

A household earning the Hancock city median would spend about 16.1% 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 3.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 17.8% of residents and 53.5% 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 city, MI in context

How this area compares with national benchmarks.

Hancock city is a small town in Michigan, with 4,510 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #190 of 745 ranked by population — larger than 74% of them. The median age here is 31.4 years against 39.1 nationally, a distinctly younger profile, typical of places with students, military posts or a fast-growing family population. 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 city earn a median of $55,278 a year, 29.6% below the national figure of $78,538 and 10% below the $61,715 median for the 438 Michigan cities we cover. This figure covers the household, not the worker: two people on ordinary wages at one address outrank a single professional in the same table. Poverty reaches 17.8% of residents here, above the 12.4% national rate.

The typical owner-occupied home in Hancock city is valued at $185,700, 38.8% below the national figure and 12% above the $166,100 peer median, while median gross rent runs $740 a month, 47.4% below the national figure, or roughly $8,880 across a full year. A household on the local median income would put about 16.1% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 3.4×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 53.5% of occupied homes are owner-occupied versus 65% nationally, so the market leans more heavily on renters. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.

No figure on this page is estimated by us; each one comes straight from the published ACS tables for this area. 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

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Frequently asked questions

Common questions about this area.

What is the population of Hancock city?: Hancock city has 4,510 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #190 of 745 in Michigan.
What is the median household income in Hancock city?: Median household income in Hancock city is $55,278 a year, 29.6% below the national figure of $78,538.
How much does it cost to rent or buy in Hancock city?: Median gross rent is $740 a month and the median home value is $185,700, so rent absorbs about 16.1% of median household income.
Is Hancock city affordable compared with the rest of the US?: Homes cost about 3.4× the local median income here versus roughly 3.9× nationally, so Hancock city is more affordable to buy in than the typical US market, and rent takes 16.1% of median income against the 30% cost-burden line.
How current is this Hancock city 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.