Hancock County, IN

Comprehensive housing, income, and cost of living data for Hancock County, Indiana. Population: 80.2K.

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Median Home Price

$286.3K

Based on 5 cities

Median Household Income

$91.3K

Annual household income

Price-to-Income Ratio

3.1x

Moderately affordable

Salary Needed to Buy

$73.4K

30-yr mortgage, 6.5% rate, 20% down

Housing & Finance

Annual Property Tax

$1,756

Average annual amount

Effective Tax Rate

0.61%

Property tax / home value

Monthly Housing Costs

Mortgage (P&I)$1,448

Property Tax$146

Insurance$119

Total Monthly$1,713

Historical Home Prices

2015

$163.7K

2016

$172.8K

+5.6%%

2017

$183.1K

+6.0%%

2018

$194.4K

+6.1%%

2019

$206.8K

+6.4%%

2020

$229.4K

+10.9%%

2021

$265.6K

+15.8%%

2022

$294.7K

+11.0%%

2023

$301.1K

+2.2%%

2024

$311.7K

+3.5%%

2025

$318.9K

+2.3%%

Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate

2.7%%

Below national average

Population Density

262

People per square mile

Homicide Rate

2.2

Low (per 100K residents)

Political Lean (2020)

Competitive

R+0

Racial Demographics

White

89.3%

Black

3.1%

Hispanic

3.2%

Asian

0.9%

Two or More Races

3.2%

Source: Census ACS 2023. Hispanic/Latino ethnicity counted separately from race.

Climate & Environment

Average Temperature

52°F

Annual average

Sunny Days

188

Days per year

Annual Rainfall

44.5"

Inches per year

Natural Disaster Risk

Moderate Risk

Score: 44/100

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