Michigan / Houghton County

Moving to Hancock, MI

Thinking of making a move to Hancock, MI? Get helpful local information about living costs, neighborhoods, schools, weather, housing, DMV details, and practical relocation details before you plan your move.

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Everything You Should Know Before Moving to Hancock, MI

Considering a move to Hancock, MI? This welcoming community of 4,457 residents offers a blend of suburban charm and convenience, with median home prices around $145,000 and average rents near $820. Commute times average 15 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (46% annually), ideal for families and commuters alike. Explore Hancock's cost of living, education, and friendly neighborhoods to see if it's the right fit for your next move.

Demographics - Hancock, MI

Hancock has a population of 4,457 residents, offering a diverse community with a median age of nearly 35 and a balanced gender ratio. The area features a strong blend of backgrounds, with about 94% White, 1% Black, and 2% Asian residents, and over 5% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

Population
4,457
Density
1,090 per sq mi
Median Age
34.7
Gender Ratio
101 males per 100 females
Non-English Speakers Percentage
5.4%

Ethnic Composition

White
93.8%
Black
0.8%
Asian
1.8%
Others
3.6%

Cost Of Living

What is the average cost of living in Hancock, MI?

The cost of living in Hancock is higher than the national average, with a cost of living index of 88.6. Median home values are around $145,000 and average rents for a two-bedroom apartment are approximately $820. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$145,000
Gross Rent
$820
Monthly Electricity Charges
$132
Auto Insurance
$1,720
House Owner Cost With Mortgage
$1,220
House Owner Cost Without Mortgage
$470
State Taxes
Low: 4.25%| High: 4.25%
Cost Of Living Index
88.6
Grocery
95.0
Housing
70.8
Utilities
104.3
Transportation
94.5
Health Care
98.7
Miscellaneous
92.1

Crime

Is Hancock, MI a safe place to live?

Hancock is considered a safe community, with a low violent crime rate of 185 incidents per 100,000 residents and a property crime chance of 1 in 95. Most residents enjoy peace of mind, making it an attractive choice for families. The crime index remains below many urban areas in Michigan.

Violent Crimes Per 100k
185
Property Crimes Per 100k
1,050
Crime Index
1,235
Chance Of Violent Crime
1 in 541
Chance Of Property Crime
1 in 95

Weather

What is the weather like in Hancock, MI year-round?

Hancock experiences four distinct seasons, with warm summers reaching highs of 74°F and cold winters dipping to 1°F. The area receives about 34 inches of rainfall annually and enjoys sunshine on 46% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
1°F
Max
20°F

Summer

Min
54°F
Max
74°F

Spring

Min
28°F
Max
52°F

Fall

Min
30°F
Max
55°F
Average Rainfall Inches
33.6 inches
Sunny Days Percentage
46%

Neighbors

The neighborhood boasts a healthy median household income of $55,500 and a low poverty rate of 14.8%. Over 94% of residents have at least a high school diploma, and nearly 32% hold a bachelor's degree or higher. Commute times average 15 minutes, and almost 3% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$38,000
Household Income
$55,500
Family Income
$68,000
Per Capita Income
$26,000
Income Male
$44,000
Income Female
$31,500
Poverty Rate
14.8%
Non English Speakers
8.2%
Rent
$820
Unemployment Rate
4.8%
Public Transport Usage
3.1%
Commute Time
15.4 minutes

Education

High School or Higher
94.1%
Bachelors or More
31.8%

Education

How are the schools in Hancock, MI?

Hancock offers quality education options, with public schools like Hancock Central High School and Hancock Middle School known for favorable student-to-teacher ratios. Families also have access to private schools and several nearby colleges, including Finlandia University and Michigan Technological University. The community is committed to educational excellence for all age groups.

Public Schools

Name
Hancock Central High School
Street
501 Campus Dr
Phone
906-487-5913
Students
250
Student Teacher Ratio
13.1
Name
Hancock Middle School
Street
501 Campus Dr
Phone
906-487-5913
Students
210
Student Teacher Ratio
14.0

Private Schools

Name
St. Ignatius Catholic School
Street
305 Arch St
Phone
906-482-0611
Students
85

Colleges

Name
Finlandia University
City
Hancock
State
MI
Distance
0 miles
Students
1,000
Name
Michigan Technological University
City
Houghton
State
MI
Distance
2 miles
Students
7,000

Healthcare

Hancock residents have access to quality healthcare, with major hospitals like UP Health System - Portage and Aspirus Keweenaw Hospital nearby. The community benefits from a high physician-to-resident ratio of 1.9 per 1,000 people and 94.0% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
UP Health System - Portage
Address
500 Campus Dr, Hancock, MI 49930
Phone
(906) 483-1000
Type
General & Surgical
Emergency Services
Yes
Name
Aspirus Keweenaw Hospital
Address
205 Osceola St, Laurium, MI 49913
Phone
(906) 337-6500
Type
General & Surgical
Emergency Services
Yes

Healthcare Access

Physicians Per 1000
1.9
Health Insurance Coverage
94.0%
Health Care Index
68.4

Housing Market

What is the housing market like in Hancock, MI?

The local housing market is strong, with a median home price of $145,000 and an owner-occupied rate of nearly 62%. The market has seen a 3.2% appreciation over the past year, and rental vacancy rates remain moderate at 7.1%. Hancock offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$145,000
Average Rent For 2 Bedroom
$820
Owner Occupied Rate
62.4%
Rental Vacancy Rate
7.1%
Home Appreciation Rate (1yr)
3.2%
New Construction Rate
0.7%
Foreclosure Rate
0.6%

DMV Information

Residents of Hancock handle vehicle services through the Michigan Secretary of State, conveniently located in Lansing. The state DMV provides driver licensing, vehicle registration, and other essential services both in person and online. Information and resources are easily accessible for new and existing residents.

State
Michigan
Department
Michigan Secretary of State
Address
430 W. Allegan St., Lansing, MI 48918
Phone
1-888-767-6424

Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.

FAQs About Moving to Hancock, MI

Answers use the same city data shown on this page, including costs, housing, schools, safety, weather, healthcare, and DMV details.

Before moving to Hancock, review the core fields on this page: population 4,457, median home value $145,000, average rent for 2 bedroom $820, commute time 15.4 minutes, and sunny days percentage 46%.

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