Hancock, MD is a small town located in Washington County with a population of 2,175. It offers a peaceful and friendly atmosphere with plenty of local amenities including restaurants, schools, salons, and shops. There are plenty of outdoor activities like the C&O Canal Towpath and Fort Frederick State Park for residents to explore. The average rent for a two bedroom apartment in Hancock is $870 per month, lower than the US average of $1,430 per month. The grocery cost index in Hancock is 103 versus 100 in the US which makes it relatively affordable to live there. Local businesses include Antietam Pharmacy Inc., Big Cork Vineyards, Goodwill Industries of Monocacy Valley Inc., Sunnyside Nursery Inc., and Little Scholars Academy LLC. Schools in the area include Hancock Elementary School and Berkeley Springs High School.
Hancock (zip 21750) has an unemployment rate of 5.6%. The US average is 6.0%.
Hancock (zip 21750) has seen the job market decrease by -5.9% over the last year. Future job growth over the next ten years is predicted to be 24.5%, which is lower than the US average of 33.5%.
Tax Rates for Hancock (zip 21750)
- The Sales Tax Rate for Hancock (zip 21750) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hancock (zip 21750) is 7.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Hancock (zip 21750)
- The average income of a Hancock (zip 21750) resident is $30,374 a year. The US average is $37,638 a year.
- The Median household income of a Hancock (zip 21750) resident is $47,652 a year. The US average is $69,021 a year.