Hancock, NY

Census Place

2024 Population

745

US Senator

Chuck Schumer

Democratic Party

US Senator

Kirsten Gillibrand

Democratic Party

2024 Median Age

52.5

17.7% 1-year increase

2024 Poverty Rate

16.6%

12.2% 1-year increase

2024 Median Household Income

$51,765

2.41% 1-year growth

2024 Median Property Value

$150,000

Population & Diversity

Hancock, NY is home to a population of 745 people, from which 96.2% are citizens.

As of 2024, 11.4% of Hancock, NY residents were born outside of the country (85 people).

In 2024, there were 10.6 times more White (Non-Hispanic) residents (644 people) in Hancock, NY than any other race or ethnicity. There were 61 Asian (Non-Hispanic) and 28 Two Races Excluding Other, & Three or More Races (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

96.2%

2024 Citizenship

96.6%

2023 Citizenship

As of 2024, 96.2% of Hancock, NY residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Hancock, NY was 96.6%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Hancock, NY compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Hancock, NY

White (Non-Hispanic)
644 ± 137
Asian (Non-Hispanic)
61 ± 56
Two Races Excluding Other, & Three or More Races (Non-Hispanic)
28 ± 38

0.94%

Hispanic Population

7 people

0.94% of the people in Hancock, NY are hispanic (7 people).

The following chart shows the 8 races represented in Hancock, NY as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for New York.

Most Common Origin

Dominican Republic
492,198 ± 17,010 people
China
414,597 ± 15,642 people
Jamaica
229,554 ± 11,695 people

In 2024, the most common birthplace for the foreign-born residents of New York was Dominican Republic, the natal country of 492,198 New York residents, followed by China with 414,597 and Jamaica with 229,554.

Foreign-Born Population

11.4%

2024 Foreign-Born Population

85 people

9.82%

2023 Foreign-Born Population

86 people

As of 2024, 11.4% of Hancock, NY residents (85 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Hancock, NY was 9.82%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Hancock, NY compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Gulf War (2001-)
19 ± 32
Korea
11 ± 20
Vietnam
5 ± 21

Hancock, NY has a large population of military personnel who served in Gulf War (2001-), 1.73 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Hancock, NY.

Economy

The economy of Hancock, NY employs 297 people. In 2024, the largest industries in Hancock, NY were Educational Services (46 people), Health Care & Social Assistance (40 people), and Other Services, Except Public Administration (33 people), and the highest paying industries were Finance & Insurance ($85,938), Finance & Insurance, & Real Estate & Rental & Leasing ($85,938), and Construction ($58,333).

Employment

Occupations

297

2024 Value

± 90

−16.8%

1 Year decline

± 51%

From 2023 to 2024, employment in Hancock, NY declined at a rate of −16.8%, from 357 employees to 297 employees.

The most common job groups, by number of people living in Hancock, NY, are Office & Administrative Support Occupations (32 people), Construction & Extraction Occupations (29 people), and Food Preparation & Serving Related Occupations (28 people). This chart illustrates the share breakdown of the primary jobs held by residents of Hancock, NY.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for New York.

This chart shows weekly unemployment insurance claims in New York (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

297

2024 Value

± 90

−16.8%

1 Year decline

± 51%

From 2023 to 2024, employment in Hancock, NY declined at a rate of −16.8%, from 357 employees to 297 employees.

The most common employment sectors for those who live in Hancock, NY, are Educational Services (46 people), Health Care & Social Assistance (40 people), and Other Services, Except Public Administration (33 people). This chart shows the share breakdown of the primary industries for residents of Hancock, NY, though some of these residents may live in Hancock, NY and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$38,750

Median earning men ± $10,565

$32,917

Median earning women ± $22,927

The industries with the best median earnings for men in 2024 are Professional, Scientific, & Management, & Administrative & Waste Management Services ($60,375), Construction ($58,333), and Other Services Except Public Administration ($55,417).

The industries with the best median earnings for women in 2024 are Finance & Insurance, & Real Estate & Rental & Leasing ($85,938), Educational Services, & Health Care & Social Assistance ($50,500), and Retail Trade ($12,375).

Housing & Living

The median property value in Hancock, NY was $150,000 in 2024, which is 0.451 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $145,300 to $150,000, a 3.23% increase. The homeownership rate in Hancock, NY is 52.7%, which is lower than the national average of 65.2%.

People in Hancock, NY have an average commute time of 24.6 minutes, and they drove alone to work. Car ownership in Hancock, NY is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$150,000

Median Property Value 2024

±$34,345

$196

Median Property Taxes

±$58

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Hancock, NY the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in Hancock, NY compared to it's parent and neighbor geographies.

Rent vs Own

52.7%

Homeownership

2024

54.8%

Homeowners with Mortgage

2024

In 2024, 52.7% of the housing units in Hancock, NY were occupied by their owner. This percentage declined from the previous year's rate of 56.6%.

This chart shows the percentage of owner in Hancock, NY compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$51,765

Median Household Income

± $8,650

372

Number of Households

± 82

In 2024, the median household income of the 372 households in Hancock, NY grew to $51,765 from the previous year's value of $50,547.

The following chart displays the households in Hancock, NY distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $50k - $60k range.

Wage Distribution

The closest comparable wage GINI for Hancock, NY is from New York.

0.492

2024 Wage GINI in New York

0.493

2023 Wage GINI in New York

In 2024, the income inequality in New York was 0.492 according to the GINI calculation of the wage distribution. Income inequality had a 0.301% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for New York was higher than than the national average of 0.474. In other words, wages are distributed less evenly in New York in comparison to the national average.

This chart shows the number of workers in New York across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (61.1%)
Carpooled (20.8%)
Walked (9.9%)

In 2024, 61.1% of workers in Hancock, NY drove alone to work, followed by those who carpooled to work (20.8%) and those who walked to work (9.9%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

24.6 minutes

Average Travel Time

Using averages, employees in Hancock, NY have a shorter commute time (24.6 minutes) than the normal US worker (26.4 minutes). Additionally, 9.59% of the workforce in Hancock, NY have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Hancock, NY compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Hancock, NY distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Hancock, NY have 2 cars.

Poverty

Poverty & Diversity

16.6% of the population for whom poverty status is determined in Hancock, NY (124 out of 745 people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Females 65 - 74, followed by Males 35 - 44 and then Females 45 - 54.

The most common racial or ethnic group living below the poverty line in Hancock, NY is White, followed by Hispanic and Black.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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