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Hancock County

Learn about the people, housing, costs and businesses in Hancock County County

Median Home$115,023
Median Rent$761/month
Population17,281
Leading IndustriesConstruction · Transportation · Agriculture & Mining9% construction
Home Value Growth⬆⬆+20.9% over 2 years
Retirees25% of residentsabove average nationally
Homeowners81% of occupied units
NotableTransit68/100 · excellent transit access
NotableAffordable Market$115k median home · lower cost than 88% of the country
Hancock County
IL

Frequently Asked Questions

What are today's mortgage rates in Hancock County?

As of today, the 30-year fixed mortgage rate for Hancock County is approximately 7.402% (7.444% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Hancock County
What is the median home price in Hancock County?

The median home value in Hancock County is $115k. The median monthly rent is $761. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Hancock County?

Home values in Hancock County have increased 20.9% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Hancock County?

Based on a typical all-in ownership cost of $749/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Hancock County is $65k/year.

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What industries drive the economy in Hancock County?

The largest employment sectors in Hancock County are public administration (23%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas