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The total population of Hancock is estimated to be 276 with 126 males (45.65%) and 150 females (54.35%). There are 24 more females than males in Hancock.
The median household income in Hancock was $57,423 in 2021, which marked an a decrease of 1,123(1.92%) from $58,546 in 2020. This income is 76.97% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Hancock sees its highest median household income among householders in the age group of 65 years and over old, at $45,939. Overall, the median household income for the city of Hancock stands at $57,423.
In Hancock, the median income for all workers aged 15 years and older, regardless of work hours, was $32,996 for males and $22,294 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $58,099 for males and $121,988 for females.
In Hancock, population is primarily represented by White households, reporting a median income of $57,762.
In 2022, the population of Hancock was 201, a 0.50% decrease year-by-year from 2021. Previously, in 2021, Hancock's population was 202, an increase of 0.50% compared to a population of 201 in 2020.
The median age in Hancock, IA is 47.5, as per 2021 ACS 5-Year Estimates. Of the total population, 15.85% were under the age of 15, 19.92% aged 15 to 29, 43.50% aged 30 to 64, 19.92% aged 65 to 84, and 0.81% were 85 years of age and older.
Racial distribution of Hancock population: 93.90% are White, 0.81% are American Indian and Alaska Native, 2.44% are some other race and 2.85% are multiracial.