Economy & Jobs — Hancock, Maryland

Income & Employment

Median Household Income (Census)$34,886
Estimated 2026~$44,900
Per Capita Income$28,355
Poverty Rate23.7%
Unemployment Rate2.7%
In Labor Force803

Top Industries

IndustryShare
Public Admin23.3%
Arts Food13.4%
Retail12.3%

Local Businesses (County)

TypeCount
Fast Food128
Full Service Restaurants100
Physician Offices94
Commercial Banks49
Auto Repair48
Insurance Agencies45
Dental Offices44
Beauty Salons42
Law Offices42
Real Estate Offices34
Liquor Stores33
Gas Stations32
Coffee Shops30
Grocery Stores28
General Merchandise28
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.