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ZipNumbers

New York · Census place 31940

Hancock village, NY

Quick answer

Hancock village has 876 residents, ranking #898 of 1292 places in New York. Median household income is $50,547, the median home is worth $145,300 and median gross rent runs $1,051 a month.

Population
876Hancock village residents
Median household income
$50,547Past 12 months, inflation adjusted
Median home value
$145,300Owner-occupied units
Median gross rent
$1,051Rent plus utilities, monthly
Median age
44.6 yrsAll residents
Homeownership rate
56.6%Owner-occupied households

What the numbers mean in Hancock village

Housing cost measured against local earnings.

A household earning the Hancock village median would spend about 25% 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 2.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 14.8% of residents and 56.6% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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