Hancock County, Maine
Income Data
At a Glance
How Hancock County Compares
Detailed Income Statistics
Data Story
About Household Income in Hancock County, Maine
Hancock County approaches national income level
Hancock County's median household income of $69,630 comes within $5,125 of the national median of $74,755, positioning it in the middle-to-upper tier nationally. The county reflects Maine's strongest coastal economic zones.
Above-average income within Maine
Hancock County ranks 5th among Maine's 16 counties with a median household income of $69,630, exceeding the state average of $66,872 by nearly $2,800. The county benefits from tourism, education, and professional services.
Competitive income profile for coastal Maine
Hancock's $69,630 sits between Knox County ($71,903) to the southwest and Aroostook County ($54,254) to the northwest, reflecting its position as a stronger regional earner. The county outpaces most inland peers.
Solid affordability with balanced housing costs
Hancock County's rent-to-income ratio of 17.2% keeps housing affordable, and median home values of $278,400 remain reasonable relative to median household income. The county offers good housing access for its income profile.
Capitalize on stable income with smart investing
Hancock County households earning $69,630 can confidently invest in diversified portfolios, real estate, and long-term retirement accounts. The county's economic stability supports aggressive long-term wealth strategies.
Frequently Asked Questions
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How does Hancock County compare to the Maine average?
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How does Hancock County rank for income in Maine?
Income Comparison Calculator
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Your income is above the Hancock County median
County median: $69,630 per year
vs. County Median
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vs. State Average
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vs. National Median
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Income Adequacy
Your monthly income ($5,803) vs. median rent ($1,000/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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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.