What are the schools like in Hancock, MI?

Hancock is served primarily by Hancock Public Schools. The district operates 1 elementary schools, several middle schools, and 1 high schools with a student-to-teacher ratio of 13.6:1.

What is the median household income in Hancock?

The median household income in Hancock, MI is $46,970 according to the most recent US Census American Community Survey 5-year estimates. The unemployment rate is 2.5%.

What is the weather like in Hancock, MI?

Hancock has an average high temperature of 22.2°F in January and 75.4°F in July. Annual precipitation averages 31.6 inches and annual snowfall averages 207.8 inches.

Hancock, MI Cost of Living, Crime & Is It a Good Place to Live? (2026)

Q: Is Hancock, MI affordable or expensive?

Hancock's cost of living index is 92, where 100 represents the national average. This means Hancock is 8% less expensive than the average US city. The median home value is $141,800 and the median rent is $728 per month.

Q: What is the crime rate in Hancock, MI?

Hancock has a violent crime rate of 199.3 incidents per 100,000 residents and a property crime rate of 354.3 per 100,000. The national average violent crime rate is approximately 380 per 100,000.

Is Hancock, MI a Good Place to Live?

Hancock is a small town of 4,526 in Michigan, with a median household income of $46,970 and a 2.5% unemployment rate. Its cost of living index is 92 (US average = 100), which is 8% below the national average.

Strengths: Hancock stands out for an affordable cost of living, below-average home prices, lower-than-average crime, solid school ratings (A-), a well-educated population, short average commutes.

Trade-offs: No major red flags stand out in the available data. Whether Hancock is right for you depends on your priorities — the full breakdown is below.

All Hancock city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 92.1

Hancock's overall cost of living index is 92.1, where 100 represents the US national average. Living in Hancock costs roughly 8% less than the average American city.

Metric	Hancock, MI	National Avg
Median Home Value	$141,800	$244,900
Median Monthly Rent	$728	$1,163
Homeownership Rate	51.3%	65.9%
Median Household Income	$46,970	$74,755

Crime & Safety

Very Safe

Hancock's violent crime rate is 199.3 per 100,000 residents — 48% lower than the national average of ~380 per 100,000.

Violent Crime

199.3 /100k

Property Crime

354.3 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Hancock is served primarily by Hancock Public Schools. The student-to-teacher ratio is 13.6:1 (better than the national average of ~16:1).

Metric	Hancock, MI	National Avg
School District	Hancock Public Schools	—
Elementary Schools	1	—
Middle Schools	N/A	—
High Schools	1	—
Student/Teacher Ratio	13.6:1	16:1
Bachelor's Degree or Higher	48.4%	35.4%
High School Diploma or Higher	95.0%	91.1%

Weather & Climate

Hancock sees average highs of 22.2°F in January and 75.4°F in July, with 31.6 inches of annual precipitation and 207.8 inches of snow per year.

Metric	Hancock, MI
Average High — January	22.2°F
Average High — July	75.4°F
Annual Precipitation	31.6"
Annual Snowfall	207.8"

Demographics

Metric	Hancock, MI	National Avg
Population	4,526	—
Median Age	29.5	38.9
Unemployment Rate	2.5%	3.7%
Avg Commute Time	11.8 min	26 min
White (non-Hispanic)	94.3%	59.3%
Black or African American	0.8%	13.6%
Hispanic or Latino	1.4%	18.9%
Asian	1.6%	6.3%
Under 18	12.2%	22.2%
65 and over	19.5%	16.8%

Nearby Cities

Hurontown, MI 2 mi Houghton, MI 2 mi Atlantic Mine, MI 3 mi Dodgeville, MI 3 mi Dollar Bay, MI 4 mi

ZIP Codes in Hancock

Hancock, MI is covered by 1 ZIP code:

49930

Hancock vs Other Cities

Hancock, MI vs Hurontown, MI Hancock, MI vs Houghton, MI Hancock, MI vs Atlantic Mine, MI Hancock, MI vs Dodgeville, MI Hancock, MI vs Dollar Bay, MI

Frequently Asked Questions

Is Hancock, MI affordable or expensive?

Hancock's cost of living index is 92, where 100 is the national average. That makes Hancock roughly 8% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $141,800 and median rent is $728/month.

What is the crime rate in Hancock, MI?

Hancock's violent crime rate is 199.3 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 354.3 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.

What are the schools like in Hancock?

Public schools in Hancock are operated by Hancock Public Schools. The district has 1 elementary, several middle, and 1 high schools. The student-to-teacher ratio is 13.6:1. 48.4% of adults 25+ hold a bachelor's degree or higher.

Is Hancock, MI a good place to live?

Hancock, MI has a population of 4,526, a median household income of $46,970, and an unemployment rate of 2.5%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.

What is the weather like in Hancock?

Hancock averages 22.2°F in January and 75.4°F in July. Annual rainfall is 31.6 inches with about 207.8 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).

What ZIP codes are in Hancock?

Hancock, MI is covered by 1 ZIP code: 49930.

What is the population of Hancock?

The population of Hancock, Michigan is 4,526 with a median age of 29.5. Source: US Census ACS 5-Year Estimates.

What are the pros and cons of living in Hancock?

Key numbers for living in Hancock: cost of living index 92 (100 = US average), median home $141,800, median household income $46,970, crime index 38 (100 = US average, lower is safer), schools rated A-. Whether these are benefits or drawbacks depends on where you're coming from — compare Hancock side by side with your current city to see the trade-offs.