Economy & Jobs — Hancock, Minnesota

Income & Employment

Median Household Income (Census)$70,481
Estimated 2026~$79,400
Per Capita Income$31,177
Poverty Rate7.8%
Unemployment Rate5.2%
In Labor Force455

Top Industries

IndustryShare
Education Healthcare28.1%
Construction16.1%
Manufacturing15.8%

Local Businesses (County)

TypeCount
Full Service Restaurants10
Gas Stations6
Fast Food6
Insurance Agencies5
Hotels Motels5
Dental Offices4
Chiropractors4
Grocery Stores3
Child Day Care3
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.