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Hancock County, ME&

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Population
54,483
0.32% decline
Median Age
47.9
Median Household Income
$50,037
6.39% growth
Poverty Rate
12.1%
Number of Employees
26,467
0.74% decline
Median Property Value
$199,800
0.76% growth

About the photo: Bass Harbor head light in Hancock, ME

Economy

The economy of Hancock County, ME employs 26,467 people. The economy of Hancock County, ME is specialized in Agriculture, Forestry, Fishing, Hunting; Construction; and Arts, Entertainment, Recreation, which employ respectively 4.16; 1.35; and 1.21 times more people than what would be expected in a location of this size. The largest industries in Hancock County, ME are Healthcare & Social Assistance (4,100), Retail trade (3,406), and Educational Services (2,970), and the highest paying industries are Mining, Quarrying, Oil, Gas Extraction ($250,001), Finance & Insurance ($44,219), and Transportation & Warehousing ($41,836).

Median household income in Hancock County, ME is $50,037. Males in Hancock County, ME have an average income that is 1.29 times higher than the average income of females, which is $39,230. The income inequality of Hancock County, ME (measured using the Gini index) is 0.457 which is lower than the national average.

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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Hancock County, ME. In Hancock County, ME the age groups most likely to have health care coverage are 55-64 and 55-64, men and women, respectively. The location has a 1 to 154 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $9,406. Penobscot County, ME has the highest prevalence of homicides of any county in Maine.

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Insurance Coverage by Age and Gender

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Diversity

Hancock County, ME is home to a population of 54,483 people, from which 98.2% are citizens. The ethnic composition of the population of Hancock County, ME is composed of 51,902 White residents (95.3%), 796 Two+ residents (1.46%), 711 Hispanic residents (1.3%), 518 Asian residents (0.95%), and 320 Black residents (0.59%). The most common foreign languages in Hancock County, ME are Spanish (436 speakers), French (426 speakers), and Chinese (150 speakers), but compared to other places, Hancock County, ME has a relative high number of Scandinavian (71 speakers), French (426 speakers), and German (131 speakers).

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Military

Veterans

Education

In 2015 universities in Hancock County, ME awarded 307 degrees. The student population of Hancock County, ME is skewed away from females, with 218 male students and 89 female students. Most students in Hancock County, ME are White (277 and 90.2%), followed by Black or African American (3 and 0.98%), Two or more races (2 and 0.65%), and Asian (2 and 0.65%). The largest universities in Hancock County, ME by number of graduates are Maine Maritime Academy (225 and 73.3%), College of the Atlantic (82 and 26.7%), and N/A (N/A and N/A). The most popular majors in Hancock County, ME are Naval Architecture & Marine Engineering (86 and 28%), Other Multidisciplinary Studies (81 and 26.4%), and Marine Science & Merchant Marine Officer (49 and 16%). The median tuition costs in Hancock County, ME are $42,993 for private four year colleges, and $10,050 and $23,130 respectively, for public four year colleges for in-state students and out-of-state students.

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Housing & Living

The median property value in Hancock County, ME is $199,800, which is 0.97 times smaller than the national average of $205,000. Between 2015 and 2016 the median property value increased from $198,300 to $199,800, a 0.76% increase. The homeownership rate of Hancock County, ME is 74%, which is higher than the national average of 63.6%. People in Hancock County, ME have an average commute time of 21.8 minutes, and they commute by Drove Alone. Car ownership in Hancock County, ME is approximately the same as the national average, with an average of 2 cars per household.

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United States
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Maine
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Hancock, Knox, Waldo & Lincoln Counties PUMA, ME
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