Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 47.8 yrs |
|---|---|
| Avg HH Size | 2.52 |
| Below Poverty | 4.6% ▼ 54% below avg |
| College Grads | 35.3% ▼ 9% below avg |
| Unemployment | 1.2% ▼ 76% below avg |
| HS Graduate | 124 (36.8%) |
| Some College | 45 (13.4%) |
| Associates | 49 (14.5%) |
| Bachelors | 74 (22%) |
| Graduate Degree | 45 (13.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $96,250 ▲ 26% above avg |
|---|---|
| Median Home Value | $152,700 ▼ 45% below avg |
| Home/Income Ratio | 1.6x (nat avg ~3.5x) |
| Median Rent | $794/mo |
| Total Housing Units | 205 |
| Vacant Units | 5 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Hancock is a city in Iowa, located in Pottawattamie County. The city spans 1 ZIP code and is home to approximately 504 residents. It is a mature city, with a median age of 47.8 years.
Economically, Hancock is a middle-income community. The median household income of $96,250 is above the national average. Approximately 4.6% of residents live below the poverty line. The unemployment rate is 1.2%, well below the national average.
The real estate market in Hancock is an affordable housing market. Median home values stand at $152,700, which is below the national average. Renters typically pay around $794 per month. Homeownership is high at 89.5%, typical of suburban and family-oriented communities.
The population of Hancock is moderately educated. 35.3% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (95.63%).
Hancock, IA offers residents above-average earning potential within Iowa.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 51536 | 504 | $96,250 | $152,700 | $794 | 1.2% | 35.3% | 89.5% |