2025 Compare Cities Economy:
Ely, MN vs Hancock, ME

Change Cities
Highlights
- Household income in Hancock, is 40% more than it is in Ely and is 10% below the National Average.
- Ely unemployment rate is 4.8%.
- Hancock unemployment rate is 7.6%.
 Ely, MNHancock, MEUnited States
 Unemployment Rate  Unlock7.6%6.0%
 Recent Job Growth  Unlock0.8%1.6%
 Future Job Growth29.9%  Unlock33.5%
 Sales Taxes7.4%  Unlock6.2%
 Income Taxes  Unlock6.8%4.6%
 Income per Cap.$30,129  Unlock$37,638
 Household Income  Unlock$62,540$69,021
 Family Median Income$83,281  Unlock$85,028
 space
 Est. Households By Income
 Ely, MNHancock, MEUnited States
 Income Less Than 15K  Unlock4.7%9.4%
 Income between 15K and 20K3.9%  Unlock3.8%
 Income between 20K and 30K  Unlock7.2%8.1%
 Income between 30K and 40K12.2%  Unlock8.0%
 Income between 40K and 50K  Unlock10.4%7.6%
 Income between 50K and 60K8.2%  Unlock7.2%
 Income between 60K and 75K  Unlock19.3%9.6%
 Income between 75K and 100K11.3%  Unlock12.8%
 Income between 100K and 150K  Unlock10.0%16.3%
 Income between 150K and 200K5.1%  Unlock7.8%
 Income greater than 200K  Unlock3.7%9.5%
 space1
 Population By Occupation
 Ely, MNHancock, MEUnited States
 Management, business, finance15.8%  Unlock16.4%
 Engineering, computers, science  Unlock6.6%6.5%
 Community, social services0.8%  Unlock1.8%
 Legal  Unlock0.5%1.2%
 Education, library5.0%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock0.0%2.0%
 Healthcare practitioners and technology4.8%  Unlock6.2%
 Healthcare support  Unlock7.4%3.3%
 Firefighters, law enforcement0.0%  Unlock2.1%
 Food preparation, serving  Unlock0.6%5.4%
 Building maintenance6.3%  Unlock3.6%
 Personal care  Unlock3.1%2.6%
 Sales, office, administrative support25.9%  Unlock20.9%
 Farming, fishing, forestry  Unlock5.5%0.6%
 Construction, extraction, maintenance/repair15.7%  Unlock8.1%
 Production, transportation, material moving  Unlock11.8%13.1%
Reviews for Ely    1 Reviews

Over 19 years ago

Lots of local talent. For a small city, Ely has a very educated population that brings a variety of talents to local arts and  More

   |    Reply

Start Your Review of Ely

Reviews for Hancock    0 Reviews

Start Your Review of Hancock


Premium Subscription
Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.