Hancock County, West Virginia

Income Data

+11% vs. West Virginia average
$61,017
Median Household Income
$35,452
Per Capita Income

At a Glance

Median Household Income
$61,017
+11% vs. state avg
Per Capita Income
$35,452
-10% vs. national
Income-to-Housing Ratio
51.0%
income as % of home value
Rank in West Virginia
#13 / 55
by median household income

How Hancock County Compares

Hancock County$61,017
West Virginia Average$54,746
National Median$74,755

Detailed Income Statistics

$61,017
Median Household Income
$35,452
Per Capita Income
$119,600
Median Home Value
51.0%
Income-to-Housing Ratio

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

What is the median household income in Hancock County, West Virginia?
The median household income in Hancock County, West Virginia is $61,017, 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 $35,452, 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 $61,017.
How does Hancock County compare to the West Virginia average?
Hancock County's median household income of $61,017 is higher than the West Virginia state average of $54,746. The per capita income is $35,452, compared to the state average of $30,335.
What is the per capita income in Hancock County, West Virginia?
The per capita income in Hancock County, West Virginia is $35,452, 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 West Virginia average?
Hancock County's median household income of $61,017 is higher than the West Virginia average of $54,746. This difference of $6,271 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 West Virginia?
Hancock County ranks #13 out of 55 counties in West Virginia by median household income (1 = highest). With a median household income of $61,017 and per capita income of $35,452, 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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Your income is above the Hancock County median

County median: $61,017 per year

vs. County Median

+0%

vs. State Average

+11%

vs. National Median

-18%

vs. Hancock County MedianAbout equal
vs. West Virginia Average11% above
vs. National Median18% below

Income Adequacy

Monthly income covers median rent6.6x

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