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
| Share of income spent on rent | Hancock | Washington County | Maryland | United 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 more | 65.3% (±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
| Hancock | Washington County | Maryland | United States | |
|---|---|---|---|---|
| Paying 30% or more | 79.6% (±18.3 points) | 46.9% (±3.4 points) | 51.5% (±0.7 points) | 51.1% |
| Paying 35% or more | 65.3% (±14.6 points) | 38.1% (±3.1 points) | 42.3% (±0.6 points) | 41.9% |
| Median share of income | 48.1% (±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
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Hancock | — | 79.6% (±18.3 points) | — |
| Bethel Township (Fulton County) | 5.7 mi | 34.6% (±17.4 points) | Lower |
| Thompson Township (Fulton County) | 6.2 mi | 42.9% (±32.8 points) | Not measurably different |
| Bath (Berkeley Springs) | 6.5 mi | 39.0% (±25.5 points) | Lower |
| Union Township (Fulton County) | 8.5 mi | 44.5% (±34.7 points) | Not measurably different |
| Warren Township (Franklin County) | 9.6 mi | 20.0% (±27.4 points) | Lower |
| Belfast Township | 12 mi | 42.5% (±25.7 points) | Lower |
| Clear Spring | 13 mi | 55.9% (±33.1 points) | Not measurably different |
| Ayr Township | 13 mi | 21.3% (±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
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 1 | Hancock | 79.6% (±18.3 points) |
| 2 | Highfield-Cascade | 73.0% (±65.8 points) |
| 3 | Keedysville | 66.7% (±104.7 points) |
| 4 | Halfway | 62.0% (±14.2 points) |
| 5 | Clear Spring | 55.9% (±33.1 points) |
| 6 | Hagerstown | 51.5% (±5.3 points) |
| 7 | Wilson-Conococheague | 51.3% (±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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Hancock town, Maryland
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Hancock town, Maryland
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Hancock town, Maryland
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.
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 .
Related
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- Median rent in Hancock
- Rent by bedrooms in Hancock
- Renters and owners in Hancock
- Income and affordability in Hancock
- Home values in Hancock
- Homeowner costs in Hancock
- Property taxes in Hancock
- Types of homes in Hancock
- Bedrooms in Hancock
- Age of homes in Hancock
- Heating fuel in Hancock
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- Population growth in Hancock
- How long people stay in Hancock
- Maryland landlord and tenant rules
- Housing across Washington County
- Maryland places ranked by rent burden
- Housing data for every place in Maryland