Cost of Living in Hancock County, IA

What does it cost to live in Hancock County? Income, housing, and affordability breakdown.

Median Income

$67,865

Median Rent

$782/mo

Median Home

$116,000

Affordability

757

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$587
Property Tax$121
Insurance$39

Total Monthly$747
% of Income13.2%

Renting

Median Rent$782
Renter's Insurance$25

Total Monthly$807
% of Income13.8%

Living in Hancock County, Iowa

Hancock County has a median household income of $67,865 with housing costs that represent 13.2% of income for owners and 13.8% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 757 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.

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Other Counties in Iowa

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Bureau of Economic Analysis. Estimates are county-level medians. This is not financial advice.