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Hancock, Maryland

town · Washington County

At a glance

1,625
Population
$190,900
Median home value (all homes)
37% below U.S. median
$257,269
Typical market value
Zillow, 2026-07
$924/mo
Median rent
31% below U.S. median
$34,886
Median household income
56% below U.S. median
37.3 min
Average commute
79.1%
Homes with broadband
0.08%
Locations with fiber available
2.7%
Unemployment

Cost of living (Clay Affordability Index)

CAI 97 — 3% below the national average. how it's computed

Housing19% below
Goods & services2% below
Utilities9% above
Taxes28% above
Insurance6% below
Commute cost37% above
For business: Maryland is CBII band 3/5 · time to build band 3/5. See state page for the breakdown.

Living here

Nearest 4-year college24 mi
Nearest community college19 mi
Nearest technical college16 mi
High school graduates87.6%
College graduates10.2%

Doing business here

Economic development contacts, most local first:

county Hagerstown-Washington Co. Eco. Dev. Com
The Washington County Department of Business and Economic Development provides business resources, information on incentives, and economic development services for Washington County, Maryland.
state Maryland Department of Commerce
The Maryland Department of Commerce is the state's primary economic development agency that stimulates private investment and creates jobs by attracting new businesses, encouraging the expansion and retention of existing companies, and providing workforce training and financial assistance to Maryland companies. It also promotes Maryland’s commercial advantages and quality of life to spur economic development, international investment, trade and tourism.
state Maryland Economic Development Association
The Maryland Economic Development Association (MEDA) enhances the knowledge and skills of its members, encourages partnerships and networking among people committed to bringing jobs and capital to Maryland, and promotes economic development as an investment in Maryland. MEDA is a nonprofit organization of economic development professionals.
state Maryland Technology Development Corporation
TEDCO provides funding, resources and connections that early-stage technology and life sciences companies need to thrive in Maryland. It identifies, invests in, and helps grow technology companies in Maryland.
State sales taxYes
State income taxYes
Right-to-work stateNo

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