Dollar Bay vs Hancock

A side-by-side comparison of Dollar Bay and Hancock: population, income, housing, and more.

Dollar Bay and Hancock are places in Michigan. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Hancock has the higher population (4,510 vs 1,070 in Dollar Bay). Dollar Bay has the higher median household income ($63,500 vs $55,278 in Hancock). Dollar Bay has the higher median home value ($196,200 vs $185,700 in Hancock).

Population, income & housing

	Dollar Bay	Hancock
Population	1,070	4,510
Median age	31.2 yrs	31.4 yrs
Median household income	$63,500	$55,278
Median home value	$196,200	$185,700
Median gross rent	$800	$740
Housing units	441	2,114
Homeownership rate	87.3%	53.5%
Bachelor's degree or higher	22.1%	45.8%
Unemployment rate	1.6%	2.0%

Trends (ACS 5-year, 2019–2023)

	Dollar Bay	Hancock
Population	853 → 1,070 (+25.4%)	4,554 → 4,510 (-1.0%)
Median household income	$51,250 → $63,500 (+23.9%)	$35,161 → $55,278 (+57.2%)
Median home value	$118,500 → $196,200 (+65.6%)	$110,200 → $185,700 (+68.5%)
Median gross rent	$745 → $800 (+7.4%)	$580 → $740 (+27.6%)

Dollar Bay

Population

8531,070

Median household income

$51,250$63,500

Median home value

$118,500$196,200

Median gross rent

$745$800

Hancock

Population

4,5544,510

Median household income

$35,161$55,278

Median home value

$110,200$185,700

Median gross rent

$580$740

Age & race/ethnicity

Age distribution (share)

	Dollar Bay	Hancock
Under 5	8.5%	2.2%
5 to 17	23.5%	10.8%
18 to 24	11.7%	26.7%
25 to 34	10.4%	12.6%
35 to 44	11.4%	7.2%
45 to 54	8.8%	10.4%
55 to 64	9.5%	10.9%
65 to 74	9.5%	8.7%
75 and over	6.7%	10.6%

Race & ethnicity (share)

	Dollar Bay	Hancock
White (non-Hispanic)	95.7%	93.4%
Black or African American	1.1%	0.9%
American Indian & Alaska Native	0.0%	0.1%
Asian	0.0%	1.6%
Native Hawaiian & Pacific Islander	0.4%	0.0%
Some other race	0.0%	0.5%
Two or more races	1.8%	2.3%
Hispanic or Latino	1.0%	1.2%

Educational attainment (age 25+)

Share of adults 25+

	Dollar Bay	Hancock
No high school diploma	3.8%	4.4%
High school graduate	37.3%	24.4%
Some college or associate's	36.8%	25.5%
Bachelor's degree	16.6%	27.1%
Graduate or professional degree	5.5%	18.6%

Commute to work

How workers get to work (share)

	Dollar Bay	Hancock
Drove alone	86.4%	63.0%
Carpooled	5.5%	9.9%
Public transit	0.0%	0.9%
Walked	2.8%	8.0%
Bicycle	0.0%	0.1%
Worked from home	5.3%	18.0%
Other means	0.0%	0.2%

Housing

Units in structure (share)

	Dollar Bay	Hancock
1-unit, detached	85.5%	62.7%
1-unit, attached	0.0%	1.5%
2 to 4 units	2.0%	20.4%
5 to 19 units	2.9%	8.8%
20 or more units	0.0%	4.6%
Mobile home & other	9.5%	2.0%

Poverty & households

	Dollar Bay	Hancock
Poverty rate	12.5%	17.8%
Average household size	2.96	2.23
Mean commute (minutes)	19	12
Median year structure built	1973	1952