Hancock city, Iowa Demographics & Population 2026
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
- Housing is very affordable with a home-value-to-income ratio of just 1.2x.
- Near full employment with an unemployment rate of just 2.3%.
Hancock city Quick Facts
How Hancock city Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 30 | National average: 60
Education
Educational Attainment (Adults 25+)
Hancock city Rankings in Iowa
Explore Iowa Rankings
Cities Similar to Hancock city
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Alexander city | 230 | $78,750 | $54,400 | 10.3% | 30.4% |
| Luxemburg city | 230 | $77,292 | $168,300 | 19.7% | 7.8% |
| Crystal Lake city | 229 | $82,500 | $86,000 | 10.4% | 10.9% |
| Goodell city | 240 | $83,438 | $56,900 | 4.8% | 10.8% |
| Montpelier CDP | 228 | $69,186 | $253,500 | 11.4% | 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.
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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.