Zip 54943 (Hancock, WI) Economy


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United States / Wisconsin / No Metro Area / Waushara County / No City / Hancock (zip 54943)
Hancock, WI (54943) is a small town located in Wisconsin's Central region. It has a population of around 1,000 people and the average 2 bedroom rent is $850, which is much lower than the national average of $1,430. The Grocery Cost Index in Hancock is 92 compared to the US average of 100, making it an affordable place to live.
Hancock has many local businesses and services that make living in the area convenient for its residents. Some popular places include Main Street Market grocery store, Schmiling’s Hardware store, Oasis Bar & Grill restaurant, and T&K Auto Repair shop. There is also a local library and several churches for those seeking spiritual guidance. For outdoor activities there are multiple parks nearby including Central Park and Oakwood Park with their playgrounds and sports fields.

Hancock (zip 54943) has an unemployment rate of 6.1%. The US average is 6.0%.

Hancock (zip 54943) has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 33.6%, which is higher than the US average of 33.5%.

Tax Rates for Hancock (zip 54943)
- The Sales Tax Rate for Hancock (zip 54943) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Hancock (zip 54943) is 6.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Hancock (zip 54943)
- The average income of a Hancock (zip 54943) resident is $21,479 a year. The US average is $28,555 a year.
- The Median household income of a Hancock (zip 54943) resident is $47,679 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHancock, WisconsinUnited States
  6.16
  -5.0%-6.2%
  33.6%33.5%
  5.5%6.2%
  6.3%4.6%
  $28,715$37,638
  $47,679$69,021
  $63,833$85,028
  Population by Occupation
  15.0%1.2%
  0.0%0.5%
  5.8%6.8%
  16.6%10.0%
  1.0%2.5%
  7.9%11.0%
  11.8%4.8%
  0.3%0.8%
  1.7%1.9%
  2.9%4.7%
  0.6%1.9%
  0.4%7.6%
  0.4%0.1%
  4.9%4.2%
  4.7%9.3%
  7.1%14.0%
  3.6%2.1%
  7.2%7.0%
  5.3%4.8%
  2.8%4.7%
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