Hancock County, Iowa

Income Data

+1% vs. Iowa average
$70,212
Median Household Income
$36,756
Per Capita Income

At a Glance

Median Household Income
$70,212
+1% vs. state avg
Per Capita Income
$36,756
-7% vs. national
Income-to-Housing Ratio
54.3%
income as % of home value
Rank in Iowa
#39 / 99
by median household income

How Hancock County Compares

Hancock County$70,212
Iowa Average$69,830
National Median$74,755

Detailed Income Statistics

$70,212
Median Household Income
$36,756
Per Capita Income
$129,300
Median Home Value
54.3%
Income-to-Housing Ratio

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

What is the median household income in Hancock County, Iowa?
The median household income in Hancock County, Iowa is $70,212, 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 $36,756, 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 $70,212.
How does Hancock County compare to the Iowa average?
Hancock County's median household income of $70,212 is higher than the Iowa state average of $69,830. The per capita income is $36,756, compared to the state average of $37,136.
What is the per capita income in Hancock County, Iowa?
The per capita income in Hancock County, Iowa is $36,756, 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 Iowa average?
Hancock County's median household income of $70,212 is higher than the Iowa average of $69,830. This difference of $382 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 Iowa?
Hancock County ranks #39 out of 99 counties in Iowa by median household income (1 = highest). With a median household income of $70,212 and per capita income of $36,756, it falls in the middle third of counties statewide.

Income Comparison Calculator

See how your household income compares in Hancock County

$
1.00x

Your income is above the Hancock County median

County median: $70,212 per year

vs. County Median

+0%

vs. State Average

+1%

vs. National Median

-6%

vs. Hancock County MedianAbout equal
vs. Iowa Average1% above
vs. National Median6% below

Income Adequacy

Monthly income covers median rent7.5x

Your monthly income ($5,851) vs. median rent ($784/mo). A ratio of 3.3x or higher means rent is under 30% of income.

Sponsored

Grow Your Wealth

See how your income stacks up in Hancock County, Iowa? Start investing smarter with a robo-advisor that builds a diversified portfolio for you.

Start Investing

Counties with Similar Income Levels

Sponsored

Compare Financial Products in Iowa

Compare savings accounts, CDs, and money market rates from top banks to make the most of your earnings.

Compare Rates

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