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Places/ME/Hancock
County profile

Hancock

United States · GDP 2024
#864 of 3,127 US counties by GDP55th-percentile growthmore diversified than 79% of counties
EA Place Score
——
methodology in progress
GDP 2024 (USD)
$3.7B
GDP growth
+4.8%
Jobs tracked
17,387
Employers
2,397
Avg. wage
$51.5k
Population
57,171
Labor & formation
Unemployment
3.0%
Median HH income
$72.7k±$3.3k
Business applications
546 · 2025

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1Bar Harbor BanksharesFinancial Services$29.4M48D

HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).

Industry mix · employment
Retail trade28%
Health care20%
Professional services17%
Food & accommodation15%
Construction13%
Other services7%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
57,171
residents · 2025 · +3.0% since 2020
Income per capita $72.3k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+2,516
International migration+715
Natural change−1,517

GDP trend

2019–2024 · nominal
$2.8B
2019
$2.6B
2020
$2.9B
2021
$3.2B
2022
$3.5B
2023
$3.7B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$310.4k±$13.3k
Median gross rent
$1.1k/mo±$71/mo
Vacancy rate
37.3%±1.5%
Affordability
6.0× wages
Residential permits
318 (5.6/1k pop)
FEMA risk score
55.0
HUD Fair Market Rent (2BR):no HUD FMR published for this area
TOP PERILS · FEMA NRI
Winter weather 96Ice storm 91Hurricane 88
FHFA HOUSE PRICE INDEX · 2016–2025
203
2016
209
2017
208
2018
222
2019
232
2020
257
2021
309
2022
347
2023
382
2024
396
2025

Transport access

BTS · FAA · USACE
Nearest interstate
32.0 km
I-395
Nearest freight rail
7.3 km
Freight rail
Nearest port
30.7 km
INTERNATIONAL FERRY TERMINAL
Nearest commercial airport
21.8 km
HANCOCK COUNTY/BAR HARBOR
Filing activity
SEC EDGAR

4 filings from 1 company here in the last 90 days.

8-KBar Harbor Bankshares05-07
8-KBar Harbor Bankshares05-06
10-QBar Harbor Bankshares05-05
8-KBar Harbor Bankshares04-21
DEF 14ABar Harbor Bankshares03-19
10-KBar Harbor Bankshares03-13
8-KBar Harbor Bankshares01-22
8-KBar Harbor Bankshares11-10
10-QBar Harbor Bankshares11-06
8-KBar Harbor Bankshares10-21
Wage trend
BLS QCEW · 2019–2023
$51.5k
avg. annual pay · +28% since 2019
Similar US counties
nearest by GDP
Gonzales$3.7BMarshall$3.7BGuernsey$3.7BAroostook$3.7BCrawford$3.7BFranklin$3.7B
The read

Hancock's economy produced $3.7B in 2024, growing 4.8% year over year — about the middle of the pack among US counties. Its largest employment sector is retail trade.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.
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