Hancock County, Tennessee

Income Data

-46% vs. Tennessee average
$31,995
Median Household Income
$24,037
Per Capita Income

At a Glance

Median Household Income
$31,995
-46% vs. state avg
Per Capita Income
$24,037
-39% vs. national
Income-to-Housing Ratio
27.1%
income as % of home value
Rank in Tennessee
#94 / 95
by median household income

How Hancock County Compares

Hancock County$31,995
Tennessee Average$58,994
National Median$74,755

Detailed Income Statistics

$31,995
Median Household Income
$24,037
Per Capita Income
$118,000
Median Home Value
27.1%
Income-to-Housing Ratio

Data Story

About Household Income in Hancock County, Tennessee

Hancock County faces significant income gap

Hancock County's median household income of $31,995 is less than half the national median of $74,755, ranking it among the lowest-income counties in America. This substantial gap reflects limited economic opportunities and the county's rural, agriculture-dependent economy.

Lowest-income county in Tennessee

Hancock County earns just 54% of Tennessee's state median income of $58,994, making it the state's most economically challenged county. Per capita income of $24,037 falls far short of the state average of $31,458, indicating pervasive income constraints across households.

Struggling compared to surrounding counties

Hancock County's $31,995 median income trails every neighboring county measured, including Hawkins ($55,278) and Hardeman ($46,173), by $14,000–$23,000. This isolation from regional economic activity compounds the county's income challenges.

Housing costs strain tight budgets

A rent-to-income ratio of 22.2% pushes housing affordability to the edge, consuming over one-fifth of median household income on rent alone. With a median home value of $118,000 and limited household income, many residents struggle to save for down payments or emergency reserves.

Strengthen financial foundations in Hancock

Building wealth from a lower income requires disciplined prioritization: start by establishing a small emergency fund of $500–$1,000, then explore local workforce development programs or community college courses that could increase earning potential. Even modest increases in income compound significantly over time when matched with basic financial planning.

Frequently Asked Questions

What is the median household income in Hancock County, Tennessee?
The median household income in Hancock County, Tennessee is $31,995, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Hancock County?
The per capita income in Hancock County is $24,037, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $31,995.
How does Hancock County compare to the Tennessee average?
Hancock County's median household income of $31,995 is lower than the Tennessee state average of $58,994. The per capita income is $24,037, compared to the state average of $31,458.
What is the per capita income in Hancock County, Tennessee?
The per capita income in Hancock County, Tennessee is $24,037, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Is Hancock County a low-income area in Tennessee?
Hancock County's median household income of $31,995 is below the Tennessee average of $58,994. The per capita income of $24,037 is also lower than the state average of $31,458. Lower incomes can reflect the local economic base, rural vs. urban location, and employment opportunities available in the area.
How does Hancock County rank for income in Tennessee?
Hancock County ranks #94 out of 95 counties in Tennessee by median household income (1 = highest). With a median household income of $31,995 and per capita income of $24,037, it falls in the bottom third of counties statewide.

Income Comparison Calculator

See how your household income compares in Hancock County

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Your income is above the Hancock County median

County median: $31,995 per year

vs. County Median

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vs. State Average

-46%

vs. National Median

-57%

vs. Hancock County MedianAbout equal
vs. Tennessee Average46% below
vs. National Median57% below

Income Adequacy

Monthly income covers median rent4.5x

Your monthly income ($2,666) vs. median rent ($592/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.