HomeMarylandWashington CountyHancock
Hancock, Maryland: commercial real estate data.
Hancock 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 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
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 loans in Hancock (7(a))
- Approvals3
- Gross approval$1,305,000
- Average approval$435,000
- Median approval$50,000
- 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
Counted by borrower city: approvals to borrowers whose address is in Hancock, in any county, FY2020 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Hancock
SBA loans in Hancock (504)
- 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
Counted by borrower city: approvals to borrowers whose address is in Hancock, in any county, FY2010 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Hancock
Flood risk in Hancock
- NFIP communityTown of Hancock
- NFIP community number240109
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date08/15/17
The Town of Hancock participates in the National Flood Insurance Program as community 240109 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Washington County, not Hancock
Washington County context, not Hancock figures
- Establishments in Washington County3,417
- Covered employment, Washington County64,206
- Average annual pay, Washington County$58,252
- Housing units permitted, Washington County232
Every figure in this section is published for Washington County as a whole and is not a measurement of Hancock.
All Washington County figures →
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
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 totaling $1.3 m since FY2020, across 3 lenders, median approval $50,000, plus 1 504 approvals worth $565,000 since FY2010. 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 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Hancock in the National Flood Insurance Program?
Yes. Hancock appears in the FEMA Community Status Book as Hancock, town of, community 240109, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Hancock figures?
No, and they are labeled 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?
No. Nothing on this page presents parcel level zoning.