Housing data for Hancock, MI
Hancock, MI has an estimated 4,574 residents and 2,090 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a city in Houghton County.
44.4% of households rent.
The median gross rent is $835 a month.
Figures last updated on .
- Residents
- 4,574 (±28)
- Housing units
- 2,090 (±216)
- Households that rent
- 44.4%
- Median gross rent
- $835
- Residents since 2015–2019
- +0.4%
What stands out in Hancock
Households that rent: 44.4% (±5.9 points) in Hancock, higher than in Houghton County (28.2%).
Median real estate taxes: $2,698 (±$314) in Hancock, higher than in Houghton County ($1,858).
Average commute: 11.1 minutes (±1.8) in Hancock, lower than in Houghton County (15.6 minutes).
Housing in Hancock at a glance
- Median rent: $835 median gross rent a month
- Rent by bedrooms: $867 median gross rent, 2 bedrooms
- Rent burden: 51.3% of renters pay 30% or more of income
- Renters and owners: 44.4% of households rent
- Income and affordability: $59,519 median household income
- Home values: $165,600 median home value
- Homeowner costs: $1,358 median monthly cost with a mortgage
- Property taxes: $2,698 median real estate taxes a year
- Types of homes: 13.1% of homes are in buildings of 5 or more units
- Bedrooms: 60.7% of homes have 3 or more bedrooms
- Age of homes: 81.7% of homes were built before 1980
- Vacancy rate: 4.3% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 84.9% heat with utility gas
- Commute and cars: 11.1 minutes average trip to work
- Crime reported to police: 86 violent crimes per 100,000 residents
- Growth: +0.4% residents since 2015–2019
- How long people stay: 31.1% moved in since 2020
- Crowding and facilities: 1.3% of homes have more than 1 person per room
Hancock against Houghton County, its state and the nation
| Hancock | Houghton County | Michigan | United States | |
|---|---|---|---|---|
| Residents | 4,574 (±28) | 37,693 (exact) | 10,077,761 (exact) | 334,922,499 |
| Housing units | 2,090 (±216) | 18,870 (±116) | 4,622,236 (±795) | 143,775,355 |
| Households that rent | 44.4% (±5.9 points) | 28.2% (±1.8 points) | 26.8% (±0.2 points) | 34.8% |
| Median gross rent | $835 (±$107) | $840 (±$73) | $1,129 (±$4) | $1,413 |
| Median household income | $59,519 (±$15,467) | $58,899 (±$3,371) | $72,875 (±$293) | $80,734 |
| Median home value | $165,600 (±$34,375) | $159,900 (±$7,874) | $231,600 (±$642) | $332,700 |
| Median real estate taxes (a year) | $2,698 (±$314) | $1,858 (±$110) | $2,904 (±$9) | $3,119 |
| Built before 1980 | 81.7% (±11.9 points) | 70.6% (±3.0 points) | 62.1% (±0.2 points) | 49.7% |
| Average commute | 11.1 minutes (±1.8) | 15.6 minutes (±1.0) | 24.2 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 92.0% (±4.1 points) | 88.7% (±1.5 points) | 90.5% (±0.1 points) | 91.0% |
| Median age of residents | 31.9 years (±7.0) | 32.2 years (±0.5) | 40.2 years (±0.1) | 38.9 years |
Hancock covers 2.8 square miles of land, about 1,646 residents per square mile (Census Bureau Gazetteer).
How Hancock has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 4,554 (±28) | 4,574 (±28) | +0.4% | Not a measurable change |
| Housing units | 2,188 (±198) | 2,090 (±216) | −4.5% | Not a measurable change |
| Median gross rent | $580 (±$54) | $835 (±$107) | +44.0% | No measurable change after inflation |
| Median home value | $110,200 (±$7,145) | $165,600 (±$34,375) | +50.3% | No measurable change after inflation |
| Median household income | $35,161 (±$5,077) | $59,519 (±$15,467) | +69.3% | No measurable change after inflation |
| Median owner cost with a mortgage | $917 (±$66) | $1,358 (±$347) | +48.1% | No measurable change after inflation |
| Median real estate taxes | $2,262 (±$205) | $2,698 (±$314) | +19.3% | No measurable change after inflation |
| Households that rent | 52.1% (±5.7 points) | 44.4% (±5.9 points) | −7.7 percentage points | Not a measurable change |
| Rental vacancy rate | 8.1% (±5.2 points) | 4.3% (±6.5 points) | −3.8 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Crime reported to police in Hancock
In 2025, the Hancock Police Department reported 86 violent and 474 property crimes per 100,000 residents to the FBI.
Across Houghton County, the departments that report recorded 66 violent and 380 property crimes per 100,000 residents that year.
Places near Hancock
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Quincy Township (Houghton County) | 1.3 mi | $833 | $231,000 | 22.4% |
| Houghton | 2.2 mi | $978 | $254,500 | 63.1% |
| Franklin Township (Houghton County) | 3.5 mi | $817 | $196,800 | 19.2% |
| Dollar Bay | 4.3 mi | $825 | $153,100 | 10.6% |
| Hancock Township | 4.6 mi | — | $335,600 | 1.5% |
| South Range | 5.1 mi | $817 | $101,100 | 27.7% |
| Osceola Township (Houghton County) | 6.7 mi | $856 | $124,300 | 8.6% |
| Adams Township (Houghton County) | 6.9 mi | $961 | $118,000 | 16.3% |
Places in Michigan most like Hancock
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Sault Ste. Marie | $804 | $139,400 | $55,328 | 39.5% |
| Hart | $757 | $140,900 | $50,956 | 40.4% |
| Pigeon | $853 | $120,000 | $52,361 | 39.3% |
| Berrien Springs | $972 | $159,900 | $65,134 | 42.0% |
| Shelby | $680 | $155,600 | $49,855 | 35.2% |
| Manistee | $768 | $164,100 | $60,541 | 26.8% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Michigan.
HUD Fair Market Rent for Hancock, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $801 | $806 | $1,033 | $1,430 | $1,727 |
HUD income limits for Hancock, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $18,800 | $31,300 | $50,050 |
| 2 people | $21,640 | $35,800 | $57,200 |
| 3 people | $27,320 | $40,250 | $64,350 |
| 4 people | $33,000 | $44,700 | $71,500 |
| 5 people | $38,680 | $48,300 | $77,250 |
| 6 people | $44,360 | $51,900 | $82,950 |
| 7 people | $50,040 | $55,450 | $88,700 |
| 8 people | $55,720 | $59,050 | $94,400 |
These are the limits HUD sets for its housing programs in the Houghton County, MI, where HUD’s median family income for fiscal year 2026 is $89,400.
A program can use its own limits; tax-credit and local programs often do.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Hancock
What is the average rent in Hancock, MI?
The Census Bureau publishes the median rather than the average: the median gross rent in Hancock is $835 (±$107) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much is a one-bedroom apartment in Hancock?
The median gross rent for a one-bedroom home in Hancock, MI is $656 (±$121) a month (2020–2024 American Community Survey).
Are renters in Hancock rent-burdened?
51.3% 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).
How many renters are there in Hancock?
Hancock has an estimated 807 (±155) renting households, 44.4% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Hancock?
The median household income in Hancock is $59,519 (±$15,467) a year (2020–2024 American Community Survey).
What is the average home value in Hancock, MI?
The Census Bureau publishes the median: $165,600 (±$34,375) for owner-occupied homes in Hancock (2020–2024 American Community Survey).
Is Hancock growing?
In Hancock, the number of residents went from 4,554 in 2015–2019 to 4,574 in 2020–2024 (+0.4%), not a measurable change.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Hancock city, Michigan
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Hancock city, Michigan
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Hancock city, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Hancock city, Michigan
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Hancock city, Michigan
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Hancock city, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Hancock city, Michigan
- HUD Fair Market Rents, fiscal year 2027: Houghton County, MI
- HUD Income Limits, fiscal year 2026: Houghton County, MI
- FBI Uniform Crime Reporting Program, Crime Data Explorer: Hancock Police Department (ORI MI3145400)
- FBI: Uniform Crime Reporting statistics and their proper use
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
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) for Hancock city, Michigan (place:36300, in state:26).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
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 .