Hancock County, IL
Comprehensive housing, income, and cost of living data for Hancock County, Illinois. Population: 17.6K.
Housing & Finance
Demographics & Economics
Racial Demographics
Source: Census ACS 2023. Hispanic/Latino ethnicity counted separately from race.
Climate & Environment
Frequently Asked Questions
What is the median home price in Hancock County, IL?
The median home price in Hancock County, Illinois is $116.2K. The price-to-income ratio is 1.8x, meaning the median home costs 1.8 times the median household income.
What salary do you need to buy a home in Hancock County?
Based on a 30-year mortgage at 6.5% with 20% down and the 28% debt-to-income rule, you need approximately $34.5K per year to buy the median home in Hancock County, IL. Monthly housing costs break down to $587 for mortgage, $168 for property tax, and $48.41 for insurance.
What is the property tax rate in Hancock County?
The effective property tax rate in Hancock County is 1.74%, which comes to approximately $2,020 per year on the median home.
What is the median household income in Hancock County?
The median household income in Hancock County, Illinois is $65.0K per year, based on Census Bureau American Community Survey data. The unemployment rate is 4.4%%.
Is Hancock County a good place to live?
Hancock County, Illinois has a population of 17.6K. Housing affordability is strong with a price-to-income ratio of 1.8x. The climate averages 52 degrees F with 176 sunny days per year. Compare Hancock County with other areas using our cost of living tools to find the best fit for your budget and lifestyle.