Places/TN/Hancock County, TN
County profile

Hancock County, TN

United States · GDP 2024
#3025 of 3,127 US counties by GDPbottom-decile growthmore diversified than 7% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$124.5M
BEA · 2024
GDP growth (YoY)
-4.7%
BEA · 2024
Jobs tracked
453
Census CBP · 2023
Employers
55
Census CBP · 2023
Avg. wage
$31.8k
BLS QCEW · 2023
Population
7,075
Census PEP · 2025
Labor, income & education
Unemployment
5.7%
Median HH income
$35.0k±$4.0k
Bachelor's degree+
10.8%±2.3%
Poverty rate
32.2%±5.1%
Business applications
57 · 2025
Retail establishments
15
21.3/10k pop

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA

No public companies loaded for this state yet — universe expands with the full ingest.

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
Health care40%
Retail trade32%
Food & accommodation11%
Construction8%
Other services4%
Finance & insurance4%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
7,075
residents · 2025 · +6.7% since 2020
Income per capita $35.0k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration+710
International migration3
Natural change259

GDP trend

20192024 · nominal
$89.4M
2019
$92.3M
2020
$96.8M
2021
$112.5M
2022
$130.6M
2023
$124.5M
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$134.5k±$36.4k
Median gross rent
$622/mo±$48/mo
Vacancy rate
23.0%±3.7%
Affordability
4.2× wages
Residential permits
$500.0k
2 units · 0.3/1k pop
FEMA risk score
11.9
HUD Fair Market Rent (2BR):$925/mo · 2026
TOP PERILS · FEMA NRI
Landslide 91Wildfire 49Earthquake 44
RESIDENTIAL PERMITS · 20212025
0
2021
0
2022
1
2023
0
2024
2
2025

Transport access

BTS · FAA · USACE
Nearest interstate
37.1 km
I-81
Nearest freight rail
19.2 km
CSXT
Nearest port
84.2 km
Burkhart Enterprises, Knoxville Dock.
Nearest commercial airport
73.1 km
TRI-CITIES
Wage trend
BLS QCEW · 20192023
$31.8k
avg. annual pay · +13% since 2019
Nearby & same-state counties
by GDP rank
Pickett$210.9MLake$150.5MVan Buren$134.2M
The read

What is the GDP of Hancock?

Hancock's economy produced $124.5M in 2024, contracting 4.7% year over yearslower than 90% of US counties. Its largest employment sector is health care.

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.