Hancock County, Maine

Income Data

+4% vs. Maine average
$69,630
Median Household Income
$41,576
Per Capita Income

At a Glance

Median Household Income
$69,630
+4% vs. state avg
Per Capita Income
$41,576
+5% vs. national
Income-to-Housing Ratio
25.0%
income as % of home value
Rank in Maine
#6 / 16
by median household income

How Hancock County Compares

Hancock County$69,630
Maine Average$66,872
National Median$74,755

Detailed Income Statistics

$69,630
Median Household Income
$41,576
Per Capita Income
$278,400
Median Home Value
25.0%
Income-to-Housing Ratio

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

What is the median household income in Hancock County, Maine?
The median household income in Hancock County, Maine is $69,630, 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 $41,576, 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 $69,630.
How does Hancock County compare to the Maine average?
Hancock County's median household income of $69,630 is higher than the Maine state average of $66,872. The per capita income is $41,576, compared to the state average of $38,859.
What is the per capita income in Hancock County, Maine?
The per capita income in Hancock County, Maine is $41,576, 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 Maine average?
Hancock County's median household income of $69,630 is higher than the Maine average of $66,872. This difference of $2,758 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 Maine?
Hancock County ranks #6 out of 16 counties in Maine by median household income (1 = highest). With a median household income of $69,630 and per capita income of $41,576, 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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County median: $69,630 per year

vs. County Median

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vs. State Average

+4%

vs. National Median

-7%

vs. Hancock County MedianAbout equal
vs. Maine Average4% above
vs. National Median7% below

Income Adequacy

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