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The total population of Hancock town is estimated to be 772 with 349 males (45.21%) and 423 females (54.79%). There are 74 more females than males in Hancock town.
The median household income in Hancock town was $80,168 in 2021, which marked an an increase of 7,222(9.90%) from $72,946 in 2020. This income is 107.46% 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 town sees its highest median household income among householders in the age group of 45 to 64 years old, at $106,740. Overall, the median household income for the town of Hancock town stands at $80,168.
In Hancock town, the median income for all workers aged 15 years and older, regardless of work hours, was $51,957 for males and $37,495 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $70,259 for males and $54,046 for females.
In Hancock town, population is primarily represented by White households, reporting a median income of $71,610.
In 2022, the population of Hancock town was 746, a 0.80% decrease year-by-year from 2021. Previously, in 2021, Hancock town's population was 752, a decline of 0.00% compared to a population of 752 in 2020.
The median age in Hancock, Massachusetts is 50.5, as per 2021 ACS 5-Year Estimates. Of the total population, 18.02% were under the age of 15, 11.75% aged 15 to 29, 48.46% aged 30 to 64, 20.43% aged 65 to 84, and 1.34% were 85 years of age and older.
Racial distribution of Hancock town population: 88.38% are White, 0.67% are Black or African American, 0.13% are American Indian and Alaska Native, 4.94% are Asian, 0.40% are some other race and 5.47% are multiracial.