How many renters in Hancock, MD pay more than 30% of their income on rent?

79.6% (±18.3 points) of renting households in Hancock, MD spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).

65.3% spend 35% or more.

The median renting household spends 48.1% of its income on rent.

Figures last updated on .

Paying 30% or more
79.6% (±18.3 points)
Paying 35% or more
65.3% (±14.6 points)
Median share of income
48.1% (±18.2 points)

Rent as a share of income in Hancock

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rentHancockWashington CountyMarylandUnited States
Less than 15%0.9% (±1.6 points)15.1%11.5%12.6%
15% to 19.9%1.8% (±2.8 points)10.1%12.0%12.2%
20% to 24.9%3.0% (±4.4 points)14.6%13.1%12.6%
25% to 29.9%14.6% (±12.0 points)13.3%11.9%11.5%
30% to 34.9%14.3% (±11.0 points)8.8%9.2%9.2%
35% or more65.3% (±14.6 points)38.1%42.3%41.9%

Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.

Hancock against Washington County, its state and the nation

Estimate (90% margin of error)
HancockWashington CountyMarylandUnited States
Paying 30% or more79.6% (±18.3 points)46.9% (±3.4 points)51.5% (±0.7 points)51.1%
Paying 35% or more65.3% (±14.6 points)38.1% (±3.1 points)42.3% (±0.6 points)41.9%
Median share of income48.1% (±18.2 points)28.8% (±1.1 points)30.8% (±0.4 points)30.6%
Median renter household income$25,372 (±$5,610)$46,255 (±$4,854)$62,703 (±$866)$52,966
Median gross rent$924 (±$210)$1,147 (±$27)$1,705 (±$8)$1,413

In Hancock, the share of renters paying 30% or more of income is higher than in Washington County (46.9%).

It is also higher than in Maryland (51.5%).

It is higher than the national figure (51.1%).

In Washington County, Hancock ranks 1 of 17 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.

Statewide, it ranks 23 of 383.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Renters paying 30% or more of income in places near Hancock

Nearest places with a published estimate, compared with Hancock
PlaceDistanceRenters paying 30% or more of incomeCompared with this place
Hancock—79.6% (±18.3 points)—
Bethel Township (Fulton County)5.7 mi34.6% (±17.4 points)Lower
Thompson Township (Fulton County)6.2 mi42.9% (±32.8 points)Not measurably different
Bath (Berkeley Springs)6.5 mi39.0% (±25.5 points)Lower
Union Township (Fulton County)8.5 mi44.5% (±34.7 points)Not measurably different
Warren Township (Franklin County)9.6 mi20.0% (±27.4 points)Lower
Belfast Township12 mi42.5% (±25.7 points)Lower
Clear Spring13 mi55.9% (±33.1 points)Not measurably different
Ayr Township13 mi21.3% (±18.7 points)Lower

Nearby places with a measurably lower figure: Bethel Township (Fulton County), PA (34.6%), Bath (Berkeley Springs), WV (39.0%), Warren Township (Franklin County), PA (20.0%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Renters paying 30% or more of income across Washington County, place by place

RankPlaceRenters paying 30% or more of income
1Hancock79.6% (±18.3 points)
2Highfield-Cascade73.0% (±65.8 points)
3Keedysville66.7% (±104.7 points)
4Halfway62.0% (±14.2 points)
5Clear Spring55.9% (±33.1 points)
6Hagerstown51.5% (±5.3 points)
7Wilson-Conococheague51.3% (±30.1 points)

Showing 7 of 17 places in Washington County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

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Questions about Hancock

Are renters in Hancock rent-burdened?

79.6% of renting households in Hancock pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

What share of income do renters in Hancock spend on rent?

The median renting household in Hancock, MD spends 48.1% (±18.2 points) of its household income on gross rent.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Hancock town, Maryland (place:36600, in state:24).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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