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Hancock city, Iowa Demographics & Population 2026

Very AffordableHome value to income ratio of 1.2x is exceptionally low

As of 2026, Hancock city, Iowa has a total population of 232, the 665th largest city in Iowa, with a median household income of $79,375, which is 9% higher than the state average. The poverty rate is 10.0%.

Key Takeaways

Hancock city Quick Facts

Population 232
Median Household Income $79,375
Median Home Value $98,300
Poverty Rate 10.0%
Unemployment Rate 2.3%
Median Age 47.0 years
Homeownership Rate 88.4%
Affordability Ratio 1.2x
Bachelor's Degree or Higher 21.3%
High School Graduation Rate 98.1%
Diversity Index 18/100
Population 232 665th of 1,018
Median Income $79,375 top 30%
Poverty Rate 10.0% 20% lower national
Median Home Value $98,300 below average

How Hancock city Compares

Economy & Housing

Employment

2.3% Unemployment Rate State: 3.6% | National: 5.2%
68.7% Labor Force Participation

Housing Overview

Owner 88.4%
Renter 11.6%
Affordability Index Very Affordable
1.2x home value to income ratio

People & Demographics

Diversity Index

18out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 30 | National average: 60

Education

Hancock city Rankings in Iowa

#665 Population of 1,018
#209 Median Income of 1,018
#330 Education of 1,018
#577 Home Value of 1,018

Cities Similar to Hancock city

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Alexander city230$78,750$54,40010.3%30.4%
Luxemburg city230$77,292$168,30019.7%7.8%
Crystal Lake city229$82,500$86,00010.4%10.9%
Goodell city240$83,438$56,9004.8%10.8%
Montpelier CDP228$69,186$253,50011.4%3.5%

Population Overview

Hancock city is a small community located in Iowa. The total population is 232. It ranks as the 665th most populous out of 1,018 cities and towns in Iowa.

Age Demographics

The median age in Hancock city is 47.0 years. This is 22% higher than the state median of 38.6 years.

Economy, Income & Housing

The median household income in Hancock city is $79,375. This is 9% higher than the state median of $73,147. Compared to the national median of $78,538, household income here is 1% higher. The poverty rate stands at 10.0%. This is 9% lower than the state poverty rate of 11.0%. The unemployment rate is 2.3%. This is 38% lower than the state rate of 3.6%. The median home value is $98,300. Housing costs are 50% lower than the state median of $195,900. With a home-value-to-income ratio of just 1.2x, Hancock city is one of the most affordable housing markets in the area. 88.4% of occupied housing units are owner-occupied. This homeownership rate is 24% higher than the state average of 71.5%.

Race & Ethnicity

Hancock city has a predominantly White (non-Hispanic) population, comprising 90.5% of all residents. Hispanic or Latino residents account for 2.6%. The Black or African American population (1.3%) is well below the state average of 3.8%. The Hispanic or Latino population (2.6%) is well below the state average of 7.0%.

Education

21.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 31% lower than the state rate of 30.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 98.1%.

Data Sources & Methodology

All demographic data for Hancock city, Iowa is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Iowa state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,018 Census-designated places in Iowa. For official data, visit data.census.gov.

Free data download: Get all Iowa city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Hancock city, Iowa?

Hancock city, Iowa has a population of 232 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Hancock city, IA?

The median household income in Hancock city is $79,375, which is 1% higher the national median of $78,538.

What is the poverty rate in Hancock city, IA?

The poverty rate in Hancock city is 10.0%. This means approximately 23 residents live below the federal poverty line.

What is the racial makeup of Hancock city, Iowa?

Hancock city's population is 90.5% White, 1.3% Black, 2.6% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Hancock city, IA?

The median home value in Hancock city is $98,300. The home-value-to-income ratio is 1.2x.

How educated is Hancock city, Iowa?

21.3% of adults (25+) in Hancock city hold a bachelor's degree or higher, and 1.9% hold a graduate or professional degree.