Hancock city, Minnesota Demographics & Population 2026
As of 2026, Hancock city, Minnesota has a total population of 816, the 397th largest city in Minnesota, with a median household income of $69,712, which is 20% lower than the state average. The poverty rate is 5.1%.
Key Takeaways
- Housing is very affordable with a home-value-to-income ratio of just 1.1x.
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: 40 | National average: 60
Education
Educational Attainment (Adults 25+)
Hancock city Rankings in Minnesota
Explore Minnesota Rankings
Other Cities in Stevens County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Morris city | 5,092 | $63,807 | 15.6% | $185,200 |
| Chokio city | 427 | $50,556 | 10.3% | $85,600 |
| Donnelly city | 246 | $81,458 | 4.1% | $97,300 |
| Alberta city | 86 | $91,250 | 4.7% | $67,500 |
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 |
|---|---|---|---|---|---|
| Mabel city | 832 | $67,500 | $124,600 | 17.5% | 5.7% |
| Hills city | 834 | $67,393 | $184,800 | 19.1% | 10.7% |
| Kerkhoven city | 826 | $73,750 | $155,600 | 13.5% | 11.3% |
| Hallock city | 829 | $65,543 | $125,000 | 25.9% | 11.6% |
| Biwabik city | 882 | $69,620 | $109,500 | 33.8% | 5.8% |
Population Overview
Hancock city is a small community located in Minnesota, within Stevens County. The total population is 816. It ranks as the 397th most populous out of 913 cities and towns in Minnesota.
Age Demographics
The median age in Hancock city is 33.6 years. This is 13% lower than the state median of 38.6 years.
Economy, Income & Housing
The median household income in Hancock city is $69,712. This is 20% lower than the state median of $87,556. Compared to the national median of $78,538, household income here is 11% lower. The poverty rate stands at 5.1%. This is 44% lower than the state poverty rate of 9.2%. The unemployment rate is 3.5%. This is 10% lower than the state rate of 3.9%. The median home value is $79,600. Housing costs are 74% lower than the state median of $305,500. With a home-value-to-income ratio of just 1.1x, Hancock city is one of the most affordable housing markets in the area. 87.6% of occupied housing units are owner-occupied. This homeownership rate is 21% higher than the state average of 72.4%.
Race & Ethnicity
Hancock city has a predominantly White (non-Hispanic) population, comprising 90.6% of all residents. Hispanic or Latino residents account for 7.5%. The Asian population (0.4%) is well below the state average of 5.0%.
Education
16.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 59% lower than the state rate of 38.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 93.9%.
Data Sources & Methodology
All demographic data for Hancock city, Minnesota 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 Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 913 Census-designated places in Minnesota. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Hancock city, Minnesota?
Hancock city, Minnesota has a population of 816 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Hancock city, MN?
The median household income in Hancock city is $69,712, which is 11% lower the national median of $78,538.
What is the poverty rate in Hancock city, MN?
The poverty rate in Hancock city is 5.1%. This means approximately 42 residents live below the federal poverty line.
What is the racial makeup of Hancock city, Minnesota?
Hancock city's population is 90.6% White, 0.0% Black, 7.5% Hispanic/Latino, and 0.4% Asian.
What is the median home value in Hancock city, MN?
The median home value in Hancock city is $79,600. The home-value-to-income ratio is 1.1x.
How educated is Hancock city, Minnesota?
16.1% of adults (25+) in Hancock city hold a bachelor's degree or higher, and 3.0% hold a graduate or professional degree.