Hancock, MD 21750 has a population of approximately 3,713 and experiences a population change rate of -6.31%. The population density is 61.5 / sq mi .
Hancock, MD 21750 has a population of approximately 3,713 and experiences a population change rate of -6.31%. The population density is 61.5 / sq mi .
The median household income for Hancock, MD 21750 is $47,652, with 1,567 households and an average household size of 2.41.
The median value of a home in Hancock, MD 21750 is $193,800 with an appreciation rate of 11.50%. 61.82% of housing in the state is owned while 26.81% is rented.
The cost of living in Hancock, MD 21750 is 92.8 %.
The unemployment rate in Hancock, MD 21750 is 2.00%, and recent job growth is at -0.72%. Future job growth is projected at 29.68%.
The sales tax rate in Hancock, MD 21750 is 6.00%, while the income tax rate is 4.75% .
School expenditures in Hancock, MD 21750 are $16,083, and the school ratio is 14.8:1.
The average high temperature in July is 86.4 degrees, with an average low temperature in January of 20.6 degrees. The average rainfall is approximately 39.4 inches per year, with 21.3 inches of snow per year.