Hancock County, Iowa
Income Data
At a Glance
How Hancock County Compares
Detailed Income Statistics
Data Story
About Household Income in Hancock County, Iowa
Hancock's Income: Below National Average
Hancock County's median household income of $70,212 falls short of the national median of $74,755, a gap of $4,543. This places the county in the lower-middle range nationally, reflecting Iowa's broader trend of income lagging behind wealthier coastal and metropolitan regions.
Above Average Within Iowa
At $70,212, Hancock County's median household income exceeds Iowa's state average of $69,830 by $382, ranking it above the middle of Iowa's 99 counties. This modest advantage reflects a stable local economy, though the county remains vulnerable to statewide economic trends.
Stronger Than Most Regional Peers
Hancock County outearns several neighboring counties, including Hardin ($64,906) and Henry ($64,604), while trailing Harrison County ($77,027). Among this cluster of north-central Iowa counties, Hancock represents solid middle-tier earning power.
Housing Costs Are Very Manageable
At just 13.4%, Hancock County's rent-to-income ratio is well below the 30% affordability threshold, meaning housing remains truly affordable for most households. With a median home value of $129,300 and robust household income, residents enjoy strong financial breathing room.
Build Your Financial Future Here
Hancock County's affordable housing and stable income create an excellent foundation for saving and investing. Consider opening a high-yield savings account or exploring low-cost index funds to grow wealth on top of your $70,212 median income.
Frequently Asked Questions
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County median: $70,212 per year
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.