Hancock Co-Op Inc Salary

As of October 2026, the average hourly salary for employees at Hancock Co-Op Inc in the United States is $44. This translates to an approximate annual wage of $91,124. Salaries at Hancock Co-Op Inc typically range from $39 to $50 hourly, reflecting the diverse roles and experience levels within the company.
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Is Hancock Co-Op Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Hancock Co-Op Inc's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Troy Ford Inc $42
-3.4%
Reflects market rates for standard general contracting, differing from specialized roles.
Liquiteria Inc $57
+29.1%
Driven by niche technical certifications required for Liquiteria Inc's specialized projects.
American Health Foods Inc $48
+9.0%
Reflects a supply-demand imbalance for the specific talent American Health Foods Inc targets.
The Finest Gourmet Inc $49
+10.9%
Adjusted for higher cost-of-living indices in The Finest Gourmet Inc's primary metro hubs.
Retail & Wholesale Industry $60
+35.3%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at Hancock Co-Op Inc

Considering a career at Hancock Co-Op Inc? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
The work is engaging, and the team is motivated. The company follows standard industry practices, and the pay is fair. The company also organizes team-building events, which foster a positive workplace culture. The retail side is fast-paced but well-supported by management. The retail hours can be long, but the flexibility makes up for it.
Career advancement opportunities are available for those who seek them. The company supports career growth with training and mentorship. I’ve had opportunities to grow and feel valued for my contributions. It’s a stable environment. Training covers the essentials, and there’s room to learn more if you seek it out. Diversity is celebrated, and there’s a strong sense of teamwork. The company culture...
The company also encourages internal promotions, which is motivating. Training and mentorship programs are excellent for skill development. The retail discounts are a nice benefit, and the company promotes from within, which is motivating.
There are regular training sessions, and career growth is encouraged. Typical corporate structure. The company invests in employee development. It has a standard retail hours.
The breakroom amenities are a nice touch, and colleagues are supportive. There’s room for improvement in some areas, but overall, it’s a stable workplace. The management team is proactive in resolving issues and recognizes hard work.

Hancock Co-Op Inc Overview

Website
www.hancock.minnesota.com
Founded In
1930
Employees
50 - 100 employees
Industry
Retail & Wholesale
Headquarter Address
560 6th St Hancock Minnesota MN 56244
Revenue
$10 Million - $50 Million
Phone Number
+1 3203925238
Social Media
About Hancock Co-Op Inc
Hancock, MN - Minnesota.com is your destination site for all you need. We have yellow pages, weather, maps, blogs, and more!

What Benefits Does Hancock Co-Op Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Hancock Co-Op Inc offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Hancock Co-Op Inc.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Hancock Co-Op Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Hancock Co-Op Inc salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Hancock Co-Op Inc

1. How much does a Hancock Co-Op Inc employee make?

Hancock Co-Op Inc pays its employees an average of $44 per hour. The average salary at Hancock Co-Op Inc range from $39 to $50 per hour. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. Which similar company tend to pay more or less than Hancock Co-Op Inc?

The salary at Hancock Co-Op Inc is higher than the similar company. The average annual salary at Hancock Co-Op Inc is $91,124, or an hourly wage of $44, in comparison to Troy Ford Inc which pays $88,002 per year or $42 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Hancock Co-Op Inc?

In many roles at Hancock Co-Op Inc, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

4. How does the cost of living near Minneapolis affect the perceived value of a Hancock Co-Op Inc salary?

Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). This significantly impacts the purchasing power of a salary from Hancock Co-Op Inc based there. Our "Cost of Living Insights for Minneapolis" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Hancock Co-Op Inc typically offer employees?

Hancock Co-Op Inc generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Hancock Co-Op Inc" section on this page.