Hancock town, Maryland demographics and economy

Census American Community Survey 2023 5-Year Estimates for Hancock town, Maryland.

Population
1,715
Median HH Income
$39,375
Median Home Value
$175,000
Median Age
37.5

Workforce

Unemployment rate
4.2%
34 unemployed of 803 in labor force
Bachelor's degree or higher
4.9%
of population age 25+ (1,116 total)
Below poverty line
22.9%
391 of 1,708 surveyed

Housing & cost of living

Median home value
$175,000
owner-occupied housing units
Median gross rent
$928/mo
renter-occupied units, all bedrooms

Related resources

Federal contracts in Maryland
GovBids — SAM.gov opportunities and award data filtered by state.
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Maryland business markets by county
Establishments, employment, and payroll by NAICS sector.
Market size estimator
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Opportunity index
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Similar-sized Maryland places

Data source: U.S. Census Bureau American Community Survey 2023 5-Year Estimates (Table B). Geography: place (incorporated city/town/CDP). Public domain (USA.gov).

Indicators: B01003 (population), B19013 (median household income), B25077 (median home value), B01002 (median age), B25064 (median gross rent), B23025 (labor force/unemployment), B15003 (educational attainment), B17001 (poverty).

Generated 2026-05-27. Census applies suppression rules to small populations; some values may be unavailable.