Hancock County, Kentucky: commercial real estate data.
Hancock County, Kentucky has a population of 9,034 across 188 square miles, down 0.9 percent since the 2020 census base. County output reached $899.7 m in 2024, 136 establishments operate here, and the SBA record carries 1 7(a) approvals worth $70,000.
101 sourced county values · tier FULL · 10 sections
Hancock County
How many people live in Hancock County
- Population9,034
- Households3,638
- Average household size2.48
- Median household income$65,464
- Median age41.8
- Median gross rent$740 per month
- Median owner-occupied home value$141,200
- Home value to household income2.2 times
- Annual rent as a share of median income13.6 percent
- Adults 25 and over with a bachelor degree or higher17.3 percent
- Adults 25 and over with a graduate degree5.8 percent
- Adults 25 and over6,190
- Population under 182,157
- Share under 1823.9 percent
- Population 65 and over1,657
- Share 65 and over18.3 percent
- Working age population, 18 to 645,220
- Civilian labor force4,134
- Unemployment rate4.4 percent
- Labor force participation, adults 18 and over60.1 percent
- Rank by population among Kentucky counties102nd of 120
- Rank by population among US county-equivalents2558th
Hancock County is the 102nd largest of 120 Kentucky counties by population. A median home costs 2.2 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 23.9 percent against 18.3 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Hancock County
Is Hancock County growing
- Population change since the 2020 census base-0.91 percent
- Census 2020 base population9,096
- Births, 202495
- Deaths, 2024112
- Natural change, 2024-17
- Net domestic migration, 202496
- Net international migration, 20240
- Total net migration, 202496
- Cumulative net domestic migration, 2021 to 2024-9
- Rank by growth among US county-equivalents2160th
The county has lost 0.91 percent of its population since the 2020 census base. Deaths exceeded births in 2024, so all of the growth came from people moving in. A market held up by migration alone is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Hancock County
Where people moving to Hancock County come from
- Tax returns filed by households arriving207
- People arriving, from those returns402
- Adjusted gross income arriving$9.5 m
- Net adjusted gross income movement$0
- Average income of an arriving household$45,932
- Largest single originHancock County Non-migrants (3,087 households)
- Largest single destination (3,087 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Hancock County Non-migrants | 3,087 | 6,843 | $197.1 m |
| Daviess County | 96 | 197 | $4.3 m |
| Other flows - Same State | 54 | 106 | $2.7 m |
| Perry County | 29 | 59 | $1.4 m |
| Other flows - Different State | 28 | 40 | $1.1 m |
| Other flows - Midwest | 28 | 40 | $1.1 m |
The largest single source of arrivals is Hancock County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Hancock County
What the Hancock County economy runs on
- County GDP, 2024$899.7 m
- County GDP, 2023$939.1 m
- GDP change, 2023 to 2024-4.2 percent
- GDP change over five years27.7 percent
- Rank by GDP among Kentucky counties53rd
- Rank by GDP among US county-equivalents1930th
- GDP per resident$99,587
Output grew -4.2 percent in the latest year and 27.7 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Hancock County
Who employs people in Hancock County
- Covered employment, annual average3,621
- Establishments reporting234
- Average annual pay$80,392
- Average weekly wage$1,546
- Sector 31-33, employment2,353
- Sector 31-33, average annual pay$99,703
- Sector 23, employment152
- Sector 23, average annual pay$71,751
- Sector 44-45, employment108
- Sector 44-45, average annual pay$29,164
- Sector 56, employment66
- Sector 56, average annual pay$49,806
- Sector 52, employment51
- Sector 54, employment21
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 31-33 | 2,353 | 19 | $99,703 |
| Sector 23 | 152 | 26 | $71,751 |
| Sector 44-45 | 108 | 19 | $29,164 |
| Sector 56 | 66 | 16 | $49,806 |
| Sector 52 | 51 | 12 | $46,196 |
| Sector 54 | 21 | 21 | $77,775 |
| Sector 11 | 16 | 6 | $43,784 |
| Sector 53 | 7 | 4 | $27,396 |
The largest sector is the biggest private employer group at 2,353 jobs, 65.0 percent of covered employment. Average pay per job exceeds median household income, which usually means single earner households and a wage base that can carry rent.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Hancock County
What businesses operate in Hancock County
- Establishments, all industries136
- Employment at those establishments3,372
- Annual payroll$264.0 m
- Establishments per 1,000 residents15.1
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Hancock County
What is being built in Hancock County
- Housing units authorised by permit, 20249
- Declared construction value permitted$1.6 m
- Single family units authorised7
- Multifamily units authorised2
- Multifamily share of units22.2 percent
- Average declared value per unit$176,073
- Units authorised per 1,000 households2.5
Multifamily is 22.2 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Hancock County
How much SBA lending happens in Hancock County
- 7(a) approvals recorded1
- 7(a) gross approval dollars$70,000
- Average 7(a) approval$70,000
- Median 7(a) approval$70,000
- 10th percentile approval$70,000
- 90th percentile approval$70,000
- Largest single approval$70,000
- Jobs reported supported, 7(a)8
- Jobs per approval8.0
- Distinct 7(a) lenders active1
- Distinct industries receiving approvals1
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer0.0 percent
- Loans on real estate terms0
- Loans on working capital terms, 120 months or shorter1
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countFull-Service Restaurants (1)
- Most active lenderFifth Third Bank (1)
The average approval of $70,000 sits close to the median of $70,000, so lending here is fairly evenly sized rather than driven by a few large deals. Only 0.0 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Hancock County
Do SBA loans in Hancock County get paid back
- Loans with a final outcome recorded0
- Paid in full0
- Charged off0
- Status: Exempt from disclosure1
Too few loans have reached a final outcome to publish a charge off rate. only 0 resolved loans, too few to publish a rate. A rate computed on a handful of loans is noise, so none is shown.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Hancock County
How big is Hancock County
- Land area188 sq mi
- Rank by land area among Kentucky counties108th of 120
- Width, east to west18.6 mi
- Height, north to south23.3 mi
- Geographies sharing a boundary3
- Residents per square mile of land48
- Establishments per square mile0.72
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No 504 approvals recorded in this county in the FOIA release covering FY2010 onward.
- No NFIP communities are listed for this county in the FEMA Community Status Book.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Hancock County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Hancock County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population9,034
- Households3,638
- Average household size2.48
- Median household income$65,464
- Median age41.8
Common questions
Hancock County questions, answered from the record.
How many people live in Hancock County, Kentucky?
9,034, in 3,638 households, ranking 102nd of 120 Kentucky counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Hancock County growing?
The population has fallen 0.91 percent since the 2020 census base. In 2024 there were 95 births against 112 deaths, with net migration of 96. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Hancock County?
$65,464. The median owner-occupied home is valued at $141,200, which is 2.2 times income, and median gross rent is $740 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Hancock County?
136 establishments, employing 3,372 people with an annual payroll of $264.0 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Hancock County?
Average annual pay is $80,392, or $1,546 a week, across 3,621 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Hancock County?
1 7(a) approvals totalling $70,000 since FY2020, across 1 lenders, with a median approval of $70,000. These are approvals recorded in the release, not loans disbursed.
What is being built in Hancock County?
9 housing units were authorised by permit in 2024, with a declared construction value of $1.6 m. Multifamily was 22.2 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Hancock County?
Zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Hancock County come from?
The largest single origin is Hancock County Non-migrants, with 3,087 households. Arriving households report an average income of $45,932 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Hancock County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Hancock County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.