Cost of Living in Hancock County, IN
Population 84,037 · Census ACS 2020–2024 5-year estimates
The median rent in Hancock County, IN is $1,203/month, 13% higher than the Indiana median and 15% lower than the U.S. median. The median home value is $274,800, 17% lower than the national median. Households earn a median of $93,186 a year, 30% higher than the state median.
Affordability
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Hancock County vs. Indiana vs. U.S.
| Hancock County | Indiana | U.S. | |
|---|---|---|---|
| Median rent | $1,203 | $1,062 | $1,413 |
| Median home value | $274,800 | $218,200 | $332,700 |
| Median household income | $93,186 | $71,957 | $80,734 |
| Homeownership rate | 79.5% | 70.6% | 65.2% |
| Bachelor's degree or higher | 34.9% | 29.5% | 35.7% |
| Poverty rate | 4.7% | 12.3% | 12.5% |
| Unemployment rate | 2.7% | 4.3% | 5.2% |
| Work from home | 16.0% | 10.7% | 15.1% |
| Median age | 40.0 | 38.1 | 38.9 |
FAQ
What is the average rent in Hancock County, IN?
The median gross rent in Hancock County, IN is $1,203 per month (ACS 2020–2024 5-year estimate).
How much do I need to earn to live in Hancock County, IN?
Using the common 30% rule, renting a median-priced home takes about $48,120 a year in gross income.
Is Hancock County, IN expensive to live in?
Rent there is 15% lower than the U.S. median, and the median home costs about 2.9 times the median household income.
Other counties in Indiana
Counties with a similar cost of living
Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
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