Hancock, MD
Population 1,715 · Maryland
About Hancock, MD
Hancock is a small community in Maryland with a population of 1,715 residents. The median household income is $39,375 per year, which is below the national average. The median age in Hancock is 37.5 years.
Housing in Hancock has a median home value of $175,000 and median monthly rent of $928. Of the 916 total housing units, the majority are owner-occupied, with 436 owner-occupied and 358 renter-occupied units.
The unemployment rate in Hancock is 4.2% and the poverty rate is 22.9%. 10.1% of residents hold a bachelor's degree or higher. The average commute time is 30.4 minutes.
How Hancock Ranks in Maryland
Cost of Living in Hancock, MD
Compared to national averages, Hancock has a median household income of $39,375 (48% below the national median of $75,149). Home values average $175,000, which is 29% below the national median. Monthly rent at $928 is 20% below the US average of $1,163. Within Maryland, Hancock's income is 64% below the state average of $107,956, and home values are 57% below the state median of $402,447.
Why Live in Hancock, MD?
Hancock offers affordable housing with a median home value of $175,000, below the US average of $244,900, and rent that’s lower than the national average at $928/month.
Potential considerations include median household income ($39,375) that falls below the national average. However, Hancock’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hancock has a population of 1,715 with a median age of 37.5 years. Compare Hancock with other cities to see how it stacks up, or explore all cities in Maryland.
Similar Cities Near Hancock
Cities in Maryland with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Romancoke | 1,705 | $118,077 | $397,200 | Compare |
| Crownsville | 1,701 | $146,486 | $885,600 | Compare |
| Arden on the Severn | 1,691 | $117,188 | $475,600 | Compare |
| Ridgely | 1,685 | $64,432 | $236,000 | Compare |
| Cedar Heights | 1,748 | $49,858 | $300,400 | Compare |
| Wilson-Conococheague | 1,614 | $60,258 | $225,300 | Compare |
| Derwood | 1,830 | $93,000 | $633,200 | Compare |
| Kingstown | 1,836 | $90,288 | $282,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Maryland
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Hancock With Other Cities
Frequently Asked Questions about Hancock
What is the population of Hancock, MD?
The population of Hancock, MD is 1,715 according to the latest Census data.
What is the median household income in Hancock?
The median household income in Hancock, MD is $39,375 per year.
What is the median home value in Hancock?
The median home value in Hancock, MD is $175,000.
What is the average rent in Hancock?
The median monthly rent in Hancock, MD is $928.
What is the unemployment rate in Hancock?
The unemployment rate in Hancock, MD is 4.2%.