The typical owner-occupied home in Hancock is worth about $381,000, 5% below the New Hampshire median of $402,500 and 15% above the national median of $332,700. Owners pay a median $7,137 a year in property taxes, about 1.87% of their home's value, higher than the New Hampshire rate of 1.66%. The median household earns $55,278 a year, so the median home costs 6.9 times the median income (4.1 times for New Hampshire). 86% of occupied homes here are lived in by their owners, and 45% of those owners still have a mortgage.
Hancock at a glance
| Hancock | New Hampshire | U.S. | |
|---|---|---|---|
| Median home value | $381,000 | $402,500 | $332,700 |
| Median property tax paid per year | $7,137 | $6,667 | $3,119 |
| Property tax as a share of value | 1.87% | 1.66% | 0.94% |
| Median household income | $55,278 | $99,031 | $80,734 |
| Homes lived in by their owners | 86% | 73% | 65% |
| Owner homes with a mortgage | 45% | 62% | 61% |
| Median monthly costs, owners with a mortgage | $3,163 | $2,367 | $1,963 |
| Those costs as a share of the owners' income | 41.7% | 21.9% | 21.0% |
| Median rent | – | $1,491 | $1,413 |
| Median year homes were built | 1938 | 1979 | 1980 |
| Vacant homes | 3.6% | 14.3% | 10.1% |
| Population | 132 | 1,394,868 | 334,922,499 |
What a typical home costs per month in Hancock
At this week's average 30-year rate of 7.11%, buying the median Hancock home of $381,000 with 20% down costs about $2,803 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,438, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $120,124 for the 20%-down payment. That payment is 61% of the median Hancock household income of $55,278; at that income and 20% down, the 28% guideline points to a home of about $175,000.
| Down payment | $76,200 |
|---|---|
| Loan amount | $304,800 |
| Principal and interest | $2,050 |
| Property taxes (1.87% a year) | $594 |
| Homeowners insurance (our estimate, 0.5% a year) | $159 |
| PMI | $0 |
| Total per month | $2,803 |
Change the numbers in the calculator
| Down payment | $13,335 |
|---|---|
| Loan amount | $374,099 |
| Principal and interest | $2,517 |
| Property taxes (1.87% a year) | $594 |
| Homeowners insurance (our estimate, 0.5% a year) | $159 |
| FHA mortgage insurance | $169 |
| Total per month | $3,438 |
Change the numbers in the calculator
Questions about home buying in Hancock
What is the median home value in Hancock?
About $381,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Hancock?
Homeowners pay a median $7,137 a year, which is about 1.87% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Hancock?
For the median home with 20% down at 7.11%, the payment is about $2,803 a month. Keeping that under 28% of gross income takes about $120,124 a year.
More about Hancock
- Mortgage Refinance in Hancock
- Debt Relief in Hancock
- Home Equity Loans in Hancock
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data