Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

15 estimated births

Household Characteristics

Median Age over Time

Households with Children by Age

Median Household Income

Educational Attainment

Unemployment Rate

Type of Housing

Housing Values

Median mortgage payment for 2018: $834

Average Rent as Percentage of Gross Income

Median rent for 2018: $704

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $1,541
--Home Prepared Food $868
--Restaurant/Takeaway Food $672
Alcoholic Beverages $113
Housing $3,905
--Rent/Mortgage/Upkeep/Taxes $2,283
--Utilities $787
--Operations $296
--Supplies $145
--Furnishings $394
Apparel $362
--Men & Boys $81
--Women & Girls $147
--Children < 2 $2
--Footwear $76
Transportation $1,897
--New Vehicles $355
--Used Vehicles $405
--Fuel $410
--Insurance $190
--Public Transit $159
Healthcare $966
Entertainment $627
--Pets $128
--Toys $31
Personal Care Products $150
Books & Literature $21
Education $274
Tobacco Products $67
Miscellaneous $193
Retirement $367
Non-health Insurance $1,418
Total Expenditures $11,900

Selected Population Data

Period Geography Population
2014 Hancock city, Minnesota 846
2015 Hancock city, Minnesota 835
2016 Hancock city, Minnesota 757
2017 Hancock city, Minnesota 816
2018 Hancock city, Minnesota 798