USA.com / Michigan / Houghton County / Hancock, MI / Income and Careers

Hancock, MI Income and Careers

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As of 2010-2014, the per capita income of Hancock is $22,442, which is lower than the state average of $26,143 and is lower than the national average of $28,555. Hancock median household income is $32,250, which has grown by 14.70% since 2000. The median household income growth rate is higher than the state average rate of 9.90% and is much lower than the national average rate of 27.36%. On average Hancock residents spend 9.2 minutes per day commuting to work, which is lower than the state average of 23.9 minutes and is much lower than the national average of 25.7 minutes.

Topics:Per Capita Income Median Workers Income Household Income Family Income Median Income by Age Employment Status Commuting to Work Careers Poverty Level

Per Capita Income, #279

Hancock, MI	22,442 USD
Michigan	26,143 USD
U.S.	28,555 USD

*Based on 2010-2014 data. View historical per capita income data.

Median Individual Worker Income, see rank

Hancock, MI	19,958 USD
Michigan	27,763 USD
U.S.	30,815 USD

*Based on 2010-2014 data. View historical median individual worker income data.

Male Median Individual Worker Income, see rank

Hancock, MI	18,912 USD
Michigan	34,444 USD
U.S.	36,116 USD

*Based on 2010-2014 data. View historical male median individual worker income data.

Female Median Individual Worker Income, see rank

Hancock, MI	20,814 USD
Michigan	22,340 USD
U.S.	25,692 USD

*Based on 2010-2014 data. View historical female median individual worker income data.

Household Income

Median Household Income, #541

Hancock, MI	32,250 USD
Michigan	49,087 USD
U.S.	53,482 USD

Mean Household Income, see rank

Hancock, MI	47,363 USD
Michigan	65,790 USD
U.S.	74,596 USD

Median Household Income Growth Since 2000, #204

Hancock, MI	14.70%
Michigan	9.90%
U.S.	27.36%

Ranks: $10k or less, $10k-$20k, $20k-$30k, $30k-$40k, $40k-$50k, $50k-$75k, $75k-$100k, $100k-$150k, $150k-$200k, $200k or more

Household Income Other than Earnings

	Hancock, MI		Michigan		U.S.
	%⁺	Average Amount	%⁺	Average Amount	%⁺	Average Amount
Interest, Dividends, or Net Rental Income	28.09%	$7,470, see rank	21.26%	$11,860	21.11%	$16,919
Social Security Income	33.99%	$15,233, see rank	33.02%	$18,606	29.33%	$17,636
Public Assistance Income	2.07%	$3,007, see rank	3.69%	$3,227	2.82%	$3,720
Retirement Income	22.53%	$15,190, see rank	22.77%	$21,940	17.85%	$24,095

⁺ The percentage of the total households that have the income.

*Based on 2010-2014 data. View historical household income data.

Family Income

Median Family Income, see rank

Hancock, MI	64,318 USD
Michigan	61,684 USD
U.S.	65,443 USD

Mean Family Income, see rank

Hancock, MI	70,426 USD
Michigan	78,408 USD
U.S.	86,963 USD

Ranks: $10k or less, $10k-$20k, $20k-$30k, $30k-$40k, $40k-$50k, $50k-$75k, $75k-$100k, $100k-$150k, $150k-$200k, $200k or more

*Based on 2010-2014 data. View historical family income data.

Median Household Income by Races

	Hancock, MI	Michigan	U.S.
White	$32,250, see rank	$52,395	$56,900
Two or More Races	$53,750, see rank	$36,180	$47,621

*Based on 2010-2014 data. View historical median household income by races data.

Median Household Income by Age

	Hancock, MI	Michigan	U.S.
less than 25	$16,007, see rank	$21,580	$25,788
25 to 44	$53,000, see rank	$53,327	$58,398
45 to 64	$38,750, see rank	$59,969	$65,027
65 or over	$28,023, see rank	$36,782	$37,945

*Based on 2010-2014 data. View historical median household income by age data.

Employment Status

	Hancock, MI	Michigan	U.S.
Population 16 Years and Over	4,036, see rank	7,893,971	248,775,628
Male¹	2,048, 50.74%, see rank	48.56%	48.69%
Male, In Labor Force:²	1,282, 62.60%, see rank	65.69%	69.28%
Male, In Armed Forces²	0, 0.00%, see rank	0.08%	0.73%
Male, Civilian²	1,282, 62.60%, see rank	65.61%	68.54%
Male, Civilian, Employed³	1,158, 90.33%, see rank	87.67%	90.49%
Male, Civilian, Unemployed³	124, 9.67%, see rank	12.33%	9.51%
Male, Not in Labor Force²	766, 37.40%, see rank	34.31%	30.72%
Female¹	1,988, 49.26%, see rank	51.44%	51.31%
Female, In Labor Force:²	1,129, 56.79%, see rank	57.48%	58.79%
Female, In Armed Forces²	8, 0.40%, see rank	0.02%	0.11%
Female, Civilian²	1,121, 56.39%, see rank	57.47%	58.69%
Female, Civilian, Employed³	1,065, 95.00%, see rank	89.51%	91.18%
Female, Civilian, Unemployed³	56, 5.00%, see rank	10.49%	8.82%
Female, Not in Labor Force²	859, 43.21%, see rank	42.52%	41.21%

¹ Percentage of the population of 16 years and over.
² Percentage of the population of 16 years and over for the gender.
³ Percentage of the Civilian for the gender.

*Based on 2010-2014 data. View historical employment status data.

Commuting to Work

	Hancock, MI	Michigan	U.S.
Workers 16 Years and Over	2,184, 100%	4,199,791	141,337,148
Car, Truck, or Van—Drove Alone	1,692, 77.47%, see rank	82.68%	76.41%
Car, Truck, or Van—Carpooled	192, 8.79%, see rank	8.85%	9.59%
Public Transportation	24, 1.10%, see rank	1.41%	5.06%
Walked	76, 3.48%, see rank	2.17%	2.78%
Other Means	53, 2.43%, see rank	1.24%	1.79%
Worked at Home	147, 6.73%, see rank	3.64%	4.37%

Mean Travel Time to Work, see rank

Hancock, MI	9.2 minutes
Michigan	23.9 minutes
U.S.	25.7 minutes

Ranks: 9 min. or less, 10-19 min., 20-29 min., 30-39 min., 40-59 min., 60-89 min., 90min. or more

*Based on 2010-2014 data. View historical commuting to work data.

Careers

Occupation

	Hancock, MI	Michigan	U.S.
Civilian Employed, 16 Years and Over	2,223	4,293,574	143,435,233
Male¹	1,158, 52.09%, see rank	51.35%	52.38%
Management, Professional, and Related Occupations²	483, 41.71%, see rank	32.41%	33.12%
Service Occupations²	323, 27.89%, see rank	14.22%	15.12%
Sales and Office Occupations²	148, 12.78%, see rank	16.58%	17.47%
Farming, Fishing, and Forestry Occupations²	27, 2.33%, see rank	0.94%	1.11%
Construction, Extraction, Maintenance, and Repair Occupations²	53, 4.58%, see rank	7.30%	9.29%
Production, Transportation, and Material Moving Occupations²	104, 8.98%, see rank	22.48%	17.94%
Female¹	1,065, 47.91%, see rank	48.65%	47.62%
Management, Professional, and Related Occupations²	446, 41.88%, see rank	37.15%	40.04%
Service Occupations²	232, 21.78%, see rank	22.79%	21.52%
Sales and Office Occupations²	378, 35.49%, see rank	31.96%	31.93%
Farming, Fishing, and Forestry Occupations²	0, 0.00%, see rank	0.31%	0.32%
Construction, Extraction, Maintenance, and Repair Occupations²	0, 0.00%, see rank	0.24%	0.28%
Production, Transportation, and Material Moving Occupations²	9, 0.85%, see rank	7.30%	5.65%

¹ Percentage of the civilian employed, 16 years and over.
² Percentage of the civilian employed, 16 years and over for the gender.

Industry

	Hancock, MI	Michigan	U.S.
Civilian Employed, 16 Years and Over	2,223, 100%	4,293,574	143,435,233
Agriculture, Forestry, Fishing, Hunting, Mining	28, 1.26%, see rank	1.32%	1.96%
Construction	76, 3.42%, see rank	4.76%	6.17%
Manufacturing	223, 10.03%, see rank	17.38%	10.43%
Wholesale Trade	8, 0.36%, see rank	2.46%	2.75%
Retail Trade	304, 13.68%, see rank	11.44%	11.57%
Transportation, Warehousing, Utilities	16, 0.72%, see rank	4.12%	4.93%
Information	11, 0.49%, see rank	1.60%	2.14%
Finance, Insurance, Real Estate, Rental, Leasing	187, 8.41%, see rank	5.51%	6.60%
Professional, Scientific, Management, Administrative, Waste Management Services	163, 7.33%, see rank	9.28%	10.89%
Educational Services, Health Care, Social Assistance	865, 38.91%, see rank	24.13%	23.21%
Arts, Entertainment, Recreation, Accommodation, Food Services	233, 10.48%, see rank	9.47%	9.49%
Public Administration	59, 2.65%, see rank	3.73%	4.92%
Other Services, Except Public Administration	50, 2.25%, see rank	4.81%	4.96%

*Based on 2010-2014 data. View historical careers data.

Poverty Level

	Hancock, MI	%	Michigan	U.S.
Population in Poverty	931	22.36%, see rank	16.90%	15.59%
Family in Poverty	70	7.74%, see rank	12.08%	11.47%

*Based on 2010-2014 data. View historical poverty level data.