Real Estate details: Essex MD vs Hancock MN

RE Insights

Metric Essex Hancock
Population 40,842 857
Median Home Price $351,000 $198,000
Rent 42% 17%
Own 58% 83%

Real Estate Insights Comparison: Essex vs Hancock

  • Essex has a larger population of 40,842 compared to 857 in Hancock.
  • A higher median home price of $351,000 is found in Essex compared to $198,000 in Hancock.
  • Rent in Essex is higher at 42% compared to 17% in Hancock.
  • More homeowners can be found in Hancock at 83% compared to 58% in Essex.

Environmental Insights

Understanding environmental factors is crucial for assessing the sustainability and quality of life in a city or town. Environmental conditions can vary significantly, influenced by factors such as air quality, green spaces, and local climate. Evaluating these aspects helps in making informed decisions about living and investing in a community.