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Hancock County, TN&

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Population
6,609
0.5% decline
Median Age
44.3
Median Household Income
$27,973
4% growth
Poverty Rate
27.3%
Number of Employees
2,168
3.21% decline
Median Property Value
$83,400
3.73% growth

Economy

The economy of Hancock County, TN employs 2,168 people. The economy of Hancock County, TN is specialized in Agriculture, Forestry, Fishing, Hunting; Construction; and Mining, Quarrying, Oil, Gas Extraction, which employ respectively 6.16; 1.62; and 1.56 times more people than what would be expected in a location of this size. The largest industries in Hancock County, TN are Healthcare & Social Assistance (373), Manufacturing (344), and Retail trade (240), and the highest paying industries are Finance & Insurance ($46,250), Utilities ($41,750), and Transportation & Warehousing ($35,227).

Median household income in Hancock County, TN is $27,973. Males in Hancock County, TN have an average income that is 1.09 times higher than the average income of females, which is $37,182. The income inequality of Hancock County, TN (measured using the Gini index) is 0.407 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, TN. In Hancock County, TN the age groups most likely to have health care coverage are 6-17 and 6-17, men and women, respectively. The location has a 1 to 15 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $12,966. Shelby County, TN has the highest prevalence of homicides of any county in Tennessee.

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Diversity

Hancock County, TN is home to a population of 6,609 people, from which 99% are citizens. The ethnic composition of the population of Hancock County, TN is composed of 6,426 White residents (97.2%), 55 Two+ residents (0.83%), 48 Hispanic residents (0.73%), 44 Native residents (0.67%), and 26 Black residents (0.39%). The most common foreign languages in Hancock County, TN are Italian (10 speakers), German (9 speakers), and Other Native North American (6 speakers), but compared to other places, Hancock County, TN has a relative high number of Other Native North American (6 speakers), Italian (10 speakers), and German (9 speakers).

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Education

In 2015 universities in Campbell, Claiborne, Scott, Morgan & Hancock Counties PUMA, TN awarded 1,465 degrees. The student population of Campbell, Claiborne, Scott, Morgan & Hancock Counties PUMA, TN is skewed towards females, with 528 male students and 937 female students. Most students in Campbell, Claiborne, Scott, Morgan & Hancock Counties PUMA, TN are White (1,202 and 82%), followed by Unknown (108 and 7.37%), Asian (53 and 3.62%), and Black or African American (51 and 3.48%). The largest universities in Campbell, Claiborne, Scott, Morgan & Hancock Counties PUMA, TN by number of graduates are Lincoln Memorial University (1,181 and 80.6%), Tennessee College of Applied Technology-Jacksboro (143 and 9.8%), and Tennessee College of Applied Technology-Oneida-Huntsville (128 and 8.74%). The most popular majors in Campbell, Claiborne, Scott, Morgan & Hancock Counties PUMA, TN are Physician Assistant (83 and 5.67%), Curriculum & Instruction (78 and 5.32%), and Registered Nursing (61 and 4.16%). The median tuition costs in Campbell, Claiborne, Scott, Morgan & Hancock Counties PUMA, TN are N/A for private four year colleges, and $20,520 and $20,520 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, TN is $83,400, which is 0.41 times smaller than the national average of $205,000. Between 2015 and 2016 the median property value increased from $80,400 to $83,400, a 3.73% increase. The homeownership rate of Hancock County, TN is 77.1%, which is higher than the national average of 63.6%. People in Hancock County, TN have an average commute time of 32.7 minutes, and they commute by Drove Alone. Car ownership in Hancock County, TN is approximately the same as the national average, with an average of 2 cars per household.

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