In 2020, Hancock, MI had a population of 4.53k people with a median age of 34.7 and a median household income of $39,886. Between 2019 and 2020 the population of Hancock, MI declined from 4,554 to 4,526, a −0.615% decrease and its median household income grew from $35,161 to $39,886, a 13.4% increase.
The 5 largest ethnic groups in Hancock, MI are White (Non-Hispanic) (93.7%), Two+ (Non-Hispanic) (2.03%), Asian (Non-Hispanic) (1.66%), Other (Hispanic) (1.02%), and American Indian & Alaska Native (Non-Hispanic) (0.486%).
None of the households in Hancock, MI reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.
94.5% of the residents in Hancock, MI are U.S. citizens.
The largest universities in Hancock, MI are Finlandia University (81 degrees awarded in 2020).
In 2020, the median property value in Hancock, MI was $110,500, and the homeownership rate was 48.6%.
Most people in Hancock, MI drove alone to work, and the average commute time was 13.6 minutes. The average car ownership in Hancock, MI was 2 cars per household.