Cost of Living in Hancock County, ME

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

Median Income

$64,149

Median Rent

$949/mo

Median Home

$250,900

Affordability

344

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$1,269
Property Tax$199
Insurance$84

Total Monthly$1,552
% of Income29%

Renting

Median Rent$949
Renter's Insurance$25

Total Monthly$974
% of Income17.8%

Living in Hancock County, Maine

Hancock County has a median household income of $64,149 with housing costs that represent 29% of income for owners and 17.8% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 344 (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 Maine

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.