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These days, finding an affordable place to live in the Hancock area can be challenging. Home prices in Hancock are now at a median cost of $204,435, lower than the Wisconsin average of $280,373.
The average cost of rent is $842/mo in Hancock, primarily driven by the current value of real estate in the Hancock area. In Hancock, 13.90% of households rent, and 46.66% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hancock is $5,256 per month. Households that rent pay about 16.03% of their income on rent here. Hancock’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Plainfield, WI: less expensive homes
- Coloma, WI: equally priced homes
- Richford, WI: higher priced homes
- Big Flats, WI: less expensive homes
- Wautoma, WI: equally priced homes
- Almond, WI: equally priced homes
- Bancroft, WI: higher priced homes
- Heffron, WI: equally priced homes
- Lawrence, WI: equally priced homes
- Wild Rose, WI: equally priced homes
Cities with Similar Populations
- Lachine, MI: less expensive homes
- Sutherlin, VA: less expensive homes
- Sutallee, GA: higher priced homes
- Spiceland, IN: less expensive homes
- Sparland, IL: less expensive homes
- Salix, PA: less expensive homes
- Montrose, IA: less expensive homes
- Moenkopi, AZ: less expensive homes
- Milan, NH: higher priced homes
- Maple Bluff, WI: higher priced homes
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