County profile
Hancock County, ME
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
BEA · 2024
GDP growth (YoY)
+4.8%
BEA · 2024
Jobs tracked
17,387
Census CBP · 2023
Employers
2,397
Census CBP · 2023
Avg. wage
$51.5k
BLS QCEW · 2023
Population
57,171
Census PEP · 2025
Labor, income & education
Unemployment
2.5%
Median HH income
$72.7k±$3.3k
Bachelor's degree+
40.1%±2.0%
Poverty rate
9.9%±1.1%
Business applications
546 · 2025
Retail establishments
340
59.5/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
1Bar Harbor BanksharesFinancial Services$29.4M48DHQ-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
$2.8B2019
$2.6B2020
$2.9B2021
$3.2B2022
$3.5B2023
$3.7B2024
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
$114.0M
318 units · 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
2032016
2092017
2082018
2222019
2322020
2572021
3092022
3472023
3822024
3962025
RESIDENTIAL PERMITS · 2021–2025
↓ -6% since 20213382021
2652022
4052023
2592024
3182025
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 EDGARWage trend
BLS QCEW · 2019–2023$51.5k
avg. annual pay · +28% since 2019
Similar US counties
nearest by GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of Hancock?
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.