Hancock County, West Virginia
Income Data
At a Glance
How Hancock County Compares
Detailed Income Statistics
Data Story
About Household Income in Hancock County, West Virginia
Hancock exceeds state, trails national median
Hancock County's median household income of $61,017 tops West Virginia's state average ($54,746) by 11.4%, yet falls $13,738 below the national median ($74,755). Hancock represents solid economic performance within its state.
Among West Virginia's top-earning counties
Hancock County ranks in the upper echelon of West Virginia's income distribution at $61,017, well above the state average. The county demonstrates consistent economic strength.
Top earner by per capita income
While Hancock's median household income of $61,017 ranks fourth among neighbors behind Grant, Doddridge, and Hampshire, its per capita income of $35,452 is the highest in the region. This suggests more balanced wealth distribution in Hancock compared to other counties.
Strong housing affordability metrics
Hancock's 15.1% rent-to-income ratio is well below the 30% affordability threshold, indicating manageable housing costs for median earners. Median home values of $119,600 remain accessible relative to the county's $61,017 household income.
Build wealth with steady income advantage
With above-state earnings, solid per capita income distribution, and low housing cost burdens, Hancock residents have room to prioritize savings and investing. Consider employer benefits, retirement accounts, and diversified investments that leverage the county's $61,017 median household income for long-term security.
Frequently Asked Questions
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How does Hancock County rank for income in West Virginia?
Income Comparison Calculator
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Your income is above the Hancock County median
County median: $61,017 per year
vs. County Median
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vs. State Average
+11%
vs. National Median
-18%
Income Adequacy
Your monthly income ($5,085) vs. median rent ($766/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.