Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 74,885 ↓ 0.1% since 2020 |
| Median Household Income | $69,699 7% below national median |
| Median Home Value | $196,500 |
| Unemployment Rate | 3.3% |
| Median Age | 39.6 years |
| Housing Vacancy Rate | 6.7% |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 6,790 |
| Population (2020) | 6,662 |
| Population Growth | 1.92% |
| Median Household Income | $31,995 |
| Median Home Value | $118,000 |
| Total Housing Units | 3,667 |
| Vacant Housing Units | 894 |
| Housing Vacancy Rate | 24.4% |
| Median Age | 41.9 |
| Bachelor's Degree or Higher | 213 (3.1%) |
| Unemployment Rate | 3.3% |
Market Overview
Hancock County, Tennessee has a population of 6,790, which has grown 1.92% since 2020. The median household income is $31,995, below the national median of $74,580 by 57.1%. The housing vacancy rate of 24.4% suggests soft market conditions. Hancock County remains a key area for land acquisition in Tennessee.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Hancock County, Tennessee?
As of the 2023 American Community Survey, Hancock County has a population of 6,790. The county has grown 1.92% since the 2020 Census, indicating a growing community.
What is the median household income in Hancock County?
The median household income in Hancock County is $31,995, which is 57.1% below the national median of $74,580.
Is Hancock County growing or shrinking?
Hancock County is growing. The population has increased 1.92% since 2020.
What is the housing market like in Hancock County?
The median home value in Hancock County is $118,000. The housing vacancy rate is 24.4%, which suggests soft market conditions. The unemployment rate is 3.3%, reflecting the local economic conditions.
Does Reelvest buy land in Hancock County, Tennessee?
Yes! Reelvest Properties buys vacant land throughout Tennessee, including Hancock County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.