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 4,467 residents offers a blend of suburban charm and convenience, with median home prices around $128,000 and average rents near $825. Commute times average 13 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 4,467 residents, offering a diverse community with a median age of nearly 29 and a balanced gender ratio. The area features a strong blend of backgrounds, with about 92% White, 1% Black, and 2% Asian residents, and over 7% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

Population
4,467
Density
1,030 per sq mi
Median Age
28.9
Gender Ratio
98 males per 100 females
Non-English Speakers Percentage
6.8%

Ethnic Composition

White
92.0%
Black
1.1%
Asian
2.2%
Others
4.7%

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 83.5. Median home values are around $128,000 and average rents for a two-bedroom apartment are approximately $825. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$128,000
Gross Rent
$825
Monthly Electricity Charges
$110
Auto Insurance
$1,340
House Owner Cost With Mortgage
$1,020
House Owner Cost Without Mortgage
$415
State Taxes
Low: 4.25%| High: 4.25%
Cost Of Living Index
83.5
Grocery
92.1
Housing
65.4
Utilities
97.5
Transportation
86.2
Health Care
88.9
Miscellaneous
87.0

Crime

Is Hancock, MI a safe place to live?

Hancock is considered a safe community, with a low violent crime rate of 125 incidents per 100,000 residents and a property crime chance of 1 in 106. 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
125
Property Crimes Per 100k
940
Crime Index
1,065
Chance Of Violent Crime
1 in 800
Chance Of Property Crime
1 in 106

Weather

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

Hancock experiences four distinct seasons, with warm summers reaching highs of 76°F and cold winters dipping to 7°F. The area receives about 33 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
7°F
Max
24°F

Summer

Min
54°F
Max
76°F

Spring

Min
32°F
Max
54°F

Fall

Min
37°F
Max
57°F
Average Rainfall Inches
32.9 inches
Sunny Days Percentage
46%

Neighbors

The neighborhood boasts a healthy median household income of $44,000 and a low poverty rate of 22.3%. Over 93% of residents have at least a high school diploma, and nearly 34% hold a bachelor's degree or higher. Commute times average 13 minutes, and almost 2% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$29,800
Household Income
$44,000
Family Income
$62,100
Per Capita Income
$22,300
Income Male
$32,400
Income Female
$28,500
Poverty Rate
22.3%
Non English Speakers
6.8%
Rent
$825
Unemployment Rate
4.9%
Public Transport Usage
1.5%
Commute Time
12.6 minutes

Education

High School or Higher
92.9%
Bachelors or More
34.4%

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
906-487-7210
Students
330
Student Teacher Ratio
17.5
Name
Hancock Middle School
Street
501 Campus Dr
Phone
906-487-7250
Students
240
Student Teacher Ratio
16.8

Private Schools

Name
Copper Country Christian School
Street
20980 Broemer Rd
Phone
906-482-2230
Students
60

Colleges

Name
Finlandia University
City
Hancock
State
MI
Distance
0 miles
Students
400
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 nearby. The community benefits from a high physician-to-resident ratio of 2.1 per 1,000 people and 91.2% 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

Healthcare Access

Physicians Per 1000
2.1
Health Insurance Coverage
91.2%
Health Care Index
71.5

Housing Market

What is the housing market like in Hancock, MI?

The local housing market is strong, with a median home price of $128,000 and an owner-occupied rate of nearly 58%. The market has seen a 4.3% appreciation over the past year, and rental vacancy rates remain moderate at 6.9%. Hancock offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$128,000
Average Rent For 2 Bedroom
$825
Owner Occupied Rate
58.4%
Rental Vacancy Rate
6.9%
Home Appreciation Rate (1yr)
4.3%
New Construction Rate
0.7%
Foreclosure Rate
0.4%

DMV Information

Residents of Hancock handle vehicle services through the Michigan Secretary of State, conveniently located in Houghton. 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
902 Razorback Dr, Houghton, MI 49931
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 4,467, median home value $128,000, average rent for 2 bedroom $825, commute time 12.6 minutes, and sunny days percentage 46%.

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