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The total population of Hancock township is estimated to be 486 with 238 males (48.97%) and 248 females (51.03%). There are 10 more females than males in Hancock township.
The median household income in Hancock township was $79,717 in 2021, which marked an a decrease of 311(0.39%) from $80,028 in 2020. This income is 106.85% 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 township sees its highest median household income among householders in the age group of 25 to 44 years old, at $121,941. Overall, the median household income for the township of Hancock township stands at $79,717.
In Hancock township, the median income for all workers aged 15 years and older, regardless of work hours, was $52,244 for males and $27,773 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $68,368 for males and $47,290 for females.
In Hancock township, population is primarily represented by White households, reporting a median income of $75,213.
In 2022, the population of Hancock township was 500, a 0.20% decrease year-by-year from 2021. Previously, in 2021, Hancock township's population was 501, an increase of 1.01% compared to a population of 496 in 2020.
The median age in Hancock Township, Michigan is 45.2, as per 2021 ACS 5-Year Estimates. Of the total population, 26.86% were under the age of 15, 10.34% aged 15 to 29, 33.21% aged 30 to 64, 29.40% aged 65 to 84, and 0.18% were 85 years of age and older.
Racial distribution of Hancock township population: 98.19% are White, 0.54% are Black or African American, 1.09% are Asian and 0.18% are multiracial.