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MN area data

Hancock, MN

Hancock, MN.

Population: 1,832 (Census ACS)

Home values & appreciation

Median home value
$228,456
1-year appreciation
+7.0%
3-year appreciation
+2.2%
5-year appreciation
+12.7%
10-year appreciation
+37.4%
All-time peak (2026-04)
$234,063
House Price Index
429.3 (+3.3% YoY)

Affordability

Cost of living index (Below Average)
90.0 (100 = US avg)
Electricity rate (state-level)
15.8¢/kWh
Natural gas rate (state-level)
$11.00/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
2
Elementary schools
1
Middle schools
0
High schools
1

Natural hazards & flood risk

Overall hazard risk
Very Low
Top hazards
winterWeather

Climate (30-year normals)

Average annual temperature
44.0°F
Average high
55.0°F
Average low
33.0°F
Annual precipitation
27.8 in

Amenities

Nearest airport
Morris Municipal Airport Charlie Schmidt Field (MOX) (10 mi)
Nearest major airport
Chandler Field (AXN) (32 mi)
Hospitals nearby (~15 mi)
1,090
Avg hospital rating
3.1 / 5
EV charging stations (within 10 mi)
12
Solar radiation rating
Fair (3.8 kWh/m²/day)

Migration

Net migration
-71 tax filers

Housing stock

Median year housing built
1,964
Median annual property tax
$1,303
Mean commute to work
12 min
Households with broadband internet
73.9%

Employment & development

Total county employment
4,423
Average weekly wage
$1,163
Top industries (by employment)
Accommodation & Food, Construction, Wholesale Trade
Annual residential building permits (county)
8

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents