Hancock town, Maryland Demographics & Population 2026

Population Overview

Hancock town is a small community located in Maryland. The total population is 1,715. It ranks as the 292nd most populous out of 528 cities and towns in Maryland.

Age Demographics

The median age in Hancock town is 37.5 years. This is 5% lower than the state median of 39.3 years.

Economy, Income & Housing

The median household income in Hancock town is $39,375. This is 61% lower than the state median of $101,652. Compared to the national median of $78,538, household income here is 50% lower. The poverty rate stands at 22.9%. This is 145% higher than the state poverty rate of 9.3%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 4.2%. This is 14% lower than the state rate of 4.9%. The median home value is $175,000. Housing costs are 56% lower than the state median of $397,700. The home-value-to-income ratio is 4.4x. 54.9% of occupied housing units are owner-occupied. This homeownership rate is 19% lower than the state average of 67.5%.

Race & Ethnicity

Hancock town has a predominantly White (non-Hispanic) population, comprising 89.8% of all residents. Black or African American residents account for 1.9%. The White (non-Hispanic) population is significantly higher than the state average (89.8% vs 47.4%). The Black or African American population (1.9%) is well below the state average of 29.2%. The Asian population (1.5%) is well below the state average of 6.4%.

Education

10.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 76% lower than the state rate of 42.7%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.0%.

Data Sources & Methodology

All demographic data for Hancock town, Maryland 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 Maryland state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 528 Census-designated places in Maryland. For official data, visit data.census.gov.