HomeMarylandWashington CountyHancock town
Hancock town, Maryland: commercial real estate data.
Hancock town is a Census town of 1,625 people across 2.98 square miles of land, in Washington County. Median household income is $34,886, 57.9 percent of occupied homes are owned, and the SBA record carries 3 7(a) approvals to borrowers here worth $1.3 m.
76 sourced place values · tier FULL · 8 sections
Hancock
What Hancock is
- Census place typetown
- Land area2.98 sq mi
- Water area0.02 sq mi
- Population per square mile of land546 plus or minus 151
- County holding the largest share of its areaWashington County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hancock
How many people live in Hancock
- Population1,625 plus or minus 451
- Median age41.8 plus or minus 10.2
- Population under 18393 plus or minus 136
- Share under 1824.2 percent plus or minus 5.0
- Population 65 and over308 plus or minus 81
- Share 65 and over19.0 percent plus or minus 7.3
- Households799 plus or minus 189
- Family households458 plus or minus 164
- Share of households that are families57.3 percent plus or minus 15.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hancock
Income and work in Hancock
- Median household income$34,886 plus or minus $10,327
- Per capita income$26,201
- Civilian labor force626 plus or minus 221
- Employed609 plus or minus 218
- Unemployed17 plus or minus 17
- Unemployment rate2.7 percent plus or minus 2.5
- Adults 25 and over1,071 plus or minus 263
- Adults 25 and over with a high school diploma or higher87.6 percent plus or minus 27.8
- Adults 25 and over with a bachelor degree or higher10.2 percent plus or minus 3.6
- Adults 25 and over with a graduate degree5.2 percent plus or minus 2.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hancock
Housing in Hancock
- Housing units928
- Occupied units799 plus or minus 189
- Vacant units129 plus or minus 63
- Vacancy rate13.9 percent plus or minus 6.2
- Owner occupied463 plus or minus 134
- Renter occupied336 plus or minus 123
- Ownership rate57.9 percent
- Median owner-occupied home value$190,900 plus or minus $42,511
- Median gross rent, monthly$924 plus or minus $210
- Annual rent as a share of median income31.8 percent plus or minus 11.9
- Single family units640 plus or minus 143
- Share single family69.0 percent
- Units in buildings of two or more243 plus or minus 104
- Share in buildings of two or more26.2 percent plus or minus 10.0
- Mobile homes45 plus or minus 25
- Median year structure built1959
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hancock
How Hancock gets to work
- Workers 16 and over who commute566 plus or minus 210
- Commuting under 15 minutes102 plus or minus 48
- Share commuting under 15 minutes18.0 percent plus or minus 5.3
- Commuting 30 minutes or more418 plus or minus 152
- Share commuting 30 minutes or more73.9 percent plus or minus 38.3
- Drove alone72.9 percent
- Carpooled19.2 percent plus or minus 14.4
- Public transport0.0 percent
- Walked0.8 percent plus or minus 1.4
- Worked from home7.1 percent plus or minus 5.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hancock
SBA 7(a) lending to Hancock borrowers
- Approvals3
- Gross approval$1,305,000
- Average approval$435,000
- Median approval$50,000
- Ninetieth percentile approval$1,230,000
- Largest approval$1,230,000
- Jobs supported17
- Jobs per approval5.7
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more33.3 percent
- Share to franchises33.3 percent
- Distinct lenders3
- Distinct industries by NAICS2
A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Hancock
SBA 504 lending to Hancock borrowers
- Approvals1
- Gross approval$565,000
- Average approval$565,000
- Median approval$565,000
- Largest approval$565,000
- Jobs supported10
- Loans with a final outcome0
- Charged off0
- Median term240 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Washington County, not Hancock
Washington County context, not Hancock figures
These are Washington County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Hancock measurements.
- Establishments in Washington County3,417
- Employment at those establishments, Washington County61,729
- Covered employment, Washington County64,206
- Average annual pay, Washington County$58,252
- Average weekly wage, Washington County$1,120
- Housing units permitted, Washington County232
- Of those, single family, Washington County212
- County product, 2024, Washington County$9,961,298,000
- County product change over the prior year, Washington County5.0 percent
- Average income of an arriving household, Washington County$56,803
Every figure in this section is published for Washington County as a whole and is not a measurement of Hancock. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Hancock questions, answered from the record.
How many people live in Hancock, Maryland?
1,625, in 799 households. Hancock town covers 2.98 square miles of land, which is 546 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Hancock in?
Washington County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Hancock?
$34,886. The median owner-occupied home is valued at $190,900. Median gross rent is $924 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Hancock businesses?
3 7(a) approvals totalling $1.3 m, across 3 lenders, median approval $50,000, plus 1 504 approvals worth $565,000. These count approvals to borrowers whose address is in Hancock, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Hancock borrowers get paid back?
No rate is published for Hancock. only 0 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Hancock figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Washington County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Hancock.
Is zoning published for Hancock?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.