Hancock County, Tennessee: commercial real estate data.
Hancock County, Tennessee has a population of 6,852 across 222 square miles, up 5.7 percent since the 2020 census base. County output reached $124.5 m in 2024, 55 establishments operate here.
75 sourced county values · tier FULL · 8 sections
Hancock County
How many people live in Hancock County
- Population6,852
- Households2,828
- Average household size2.42
- Median household income$34,960
- Median age43.1
- Median gross rent$622 per month
- Median owner-occupied home value$134,500
- Home value to household income3.8 times
- Annual rent as a share of median income21.4 percent
- Adults 25 and over with a bachelor degree or higher10.8 percent
- Adults 25 and over with a graduate degree5.6 percent
- Adults 25 and over4,863
- Population under 181,450
- Share under 1821.2 percent
- Population 65 and over1,541
- Share 65 and over22.5 percent
- Working age population, 18 to 643,861
- Civilian labor force2,591
- Unemployment rate6.3 percent
- Labor force participation, adults 18 and over48.0 percent
- Rank by population among Tennessee counties91st of 95
- Rank by population among US county-equivalents2747th
Hancock County is the 91st largest of 95 Tennessee counties by population. A median home costs 3.8 times median household income, which is an affordable ownership market by national standards. Residents 65 and over outnumber those under 18, at 22.5 percent against 21.2 percent, which points demand at health care, services and single storey product rather than schools.
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 base5.68 percent
- Census 2020 base population6,660
- Births, 202463
- Deaths, 2024107
- Natural change, 2024-44
- Net domestic migration, 2024120
- Net international migration, 20241
- Total net migration, 2024121
- Cumulative net domestic migration, 2021 to 2024629
- Rank by growth among US county-equivalents446th
The county has grown 5.68 percent 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 arriving142
- People arriving, from those returns290
- Adjusted gross income arriving$7.7 m
- Net adjusted gross income movement$0
- Average income of an arriving household$54,556
- Largest single originHancock County Non-migrants (2,032 households)
- Largest single destination (2,032 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Hancock County Non-migrants | 2,032 | 4,376 | $86.9 m |
| Other flows - Different State | 74 | 148 | $4.7 m |
| Other flows - Same State | 68 | 142 | $3.1 m |
| Other flows - South | 53 | 109 | $3.1 m |
| Other flows - West | 21 | 39 | $1.6 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$124.5 m
- County GDP, 2023$130.6 m
- GDP change, 2023 to 2024-4.7 percent
- GDP change over five years34.9 percent
- Rank by GDP among Tennessee counties95th
- Rank by GDP among US county-equivalents3025th
- GDP per resident$18,164
Output grew -4.7 percent in the latest year and 34.9 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 average1,013
- Establishments reporting114
- Average annual pay$34,323
- Average weekly wage$660
- Sector 62, employment158
- Sector 62, average annual pay$43,119
- Sector 44-45, employment122
- Sector 44-45, average annual pay$25,307
- Sector 31-33, employment97
- Sector 31-33, average annual pay$32,372
- Sector 72, employment48
- Sector 72, average annual pay$15,578
- Sector 23, employment22
- Sector 52, employment19
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 62 | 158 | 19 | $43,119 |
| Sector 44-45 | 122 | 16 | $25,307 |
| Sector 31-33 | 97 | 5 | $32,372 |
| Sector 72 | 48 | 6 | $15,578 |
| Sector 23 | 22 | 9 | $47,949 |
| Sector 52 | 19 | 4 | $43,997 |
| Sector 53 | 12 | 4 | $17,743 |
| Sector 48-49 | 8 | 6 | $29,956 |
The largest sector is the biggest private employer group at 158 jobs, 15.6 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Hancock County
What businesses operate in Hancock County
- Establishments, all industries55
- Employment at those establishments453
- Annual payroll$15.8 m
- Establishments per 1,000 residents8.0
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, 20240
- Declared construction value permitted$0
- Single family units authorised0
- Multifamily units authorised0
No residential units were authorised by permit in 2024. In a small county this is common and is not by itself a sign of distress, but it does mean there is no recent residential pipeline to read demand from.
US Census Bureau, Building Permits Survey, 2024 annual.
Hancock County
How big is Hancock County
- Land area222 sq mi
- Rank by land area among Tennessee counties87th of 95
- Width, east to west35.7 mi
- Height, north to south14.1 mi
- Geographies sharing a boundary3
- Residents per square mile of land31
- Establishments per square mile0.25
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 7(a) approvals recorded in this county in the FOIA release covering FY2020 onward.
- 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.
- Population6,852
- Households2,828
- Average household size2.42
- Median household income$34,960
- Median age43.1
Common questions
Hancock County questions, answered from the record.
How many people live in Hancock County, Tennessee?
6,852, in 2,828 households, ranking 91st of 95 Tennessee counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Hancock County growing?
The population has grown 5.68 percent since the 2020 census base. In 2024 there were 63 births against 107 deaths, with net migration of 121. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Hancock County?
$34,960. The median owner-occupied home is valued at $134,500, which is 3.8 times income, and median gross rent is $622 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Hancock County?
55 establishments, employing 453 people with an annual payroll of $15.8 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 $34,323, or $660 a week, across 1,013 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
What is being built in Hancock County?
No residential units were authorised by permit in 2024. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Hancock County?
Zone 1, a predicted average indoor radon screening level greater than 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 2,032 households. Arriving households report an average income of $54,556 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.