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Hancock County Housing Market

Iowa · 99 counties · Ranked #806 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$129,300

vs national$129,300 vs $281,900 national

Median Gross Rent

$784/mo

vs national$784 vs $1,163 national

Effective Tax Rate

1.19%

vs national+1.19% vs 1.02% national

Median Household Income

$70,212

vs national$70,212 vs $74,755 national

Affordability Ratio

1.8x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

25.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$1,541

Tax as % of Home Value

1.19%

Monthly Owner Cost

$814

Renter Income

$39,167

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Frequently Asked Questions

What is the median home value in Hancock County?

The median home value in Hancock County is $129,300. This is below the national median of $281,900.

How much is rent in Hancock County?

The median gross rent in Hancock County is $784 per month.

What is the property tax rate in Hancock County?

The effective property tax rate in Hancock County is 1.19%. The median annual property tax bill is $1,541.

Is Hancock County affordable?

With a home-value-to-income ratio of 1.8x, Hancock County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.