Hancock County, Indiana

Income Data

+33% vs. Indiana average
$91,326
Median Household Income
$45,781
Per Capita Income

At a Glance

Median Household Income
$91,326
+33% vs. state avg
Per Capita Income
$45,781
+16% vs. national
Income-to-Housing Ratio
35.4%
income as % of home value
Rank in Indiana
#5 / 92
by median household income

How Hancock County Compares

Hancock County$91,326
Indiana Average$68,681
National Median$74,755

Detailed Income Statistics

$91,326
Median Household Income
$45,781
Per Capita Income
$258,100
Median Home Value
35.4%
Income-to-Housing Ratio

Data Story

About Household Income in Hancock County, Indiana

Hancock pulls well above national average

Hancock County's median household income of $91,326 exceeds the national median of $74,755 by $16,571—a healthy 22% premium. The county ranks well above average nationally, reflecting strong regional employment and business activity.

Second-highest income in Indiana survey

At $91,326, Hancock trails only Hamilton County ($117,957) among these eight counties and significantly outpaces the state average of $68,681 by $22,645. The county ranks in the top tier of Indiana's 92 counties.

Solid income advantage over peers

Hancock's $91,326 leads Harrison County ($72,468) and all lower-income neighbors by substantial margins, standing second only to Hamilton in this group. The county benefits from Indianapolis-area growth and manufacturing strength.

Excellent housing affordability

Hancock's 14.7% rent-to-income ratio—second-lowest across all eight counties—demonstrates strong affordability despite a $258,100 median home value. Higher incomes easily support homeownership without financial strain.

Build serious wealth on strong income

Hancock households earning $91,326 should prioritize maxing retirement account contributions and building diversified investment portfolios. With above-average income and favorable housing costs, the county's residents have exceptional capacity for long-term wealth accumulation.

Frequently Asked Questions

What is the median household income in Hancock County, Indiana?
The median household income in Hancock County, Indiana is $91,326, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Hancock County?
The per capita income in Hancock County is $45,781, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $91,326.
How does Hancock County compare to the Indiana average?
Hancock County's median household income of $91,326 is higher than the Indiana state average of $68,681. The per capita income is $45,781, compared to the state average of $34,773.
What is the per capita income in Hancock County, Indiana?
The per capita income in Hancock County, Indiana is $45,781, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Why is Hancock County income higher than the Indiana average?
Hancock County's median household income of $91,326 is higher than the Indiana average of $68,681. This difference of $22,645 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does Hancock County rank for income in Indiana?
Hancock County ranks #5 out of 92 counties in Indiana by median household income (1 = highest). With a median household income of $91,326 and per capita income of $45,781, it falls in the top third of counties statewide.

Income Comparison Calculator

See how your household income compares in Hancock County

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Your income is above the Hancock County median

County median: $91,326 per year

vs. County Median

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vs. State Average

+33%

vs. National Median

+22%

vs. Hancock County MedianAbout equal
vs. Indiana Average33% above
vs. National Median22% above

Income Adequacy

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Your monthly income ($7,611) vs. median rent ($1,121/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.