Hancock County, Georgia Income Statistics
Hancock County Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
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F
Hancock County Well below averageAmong the 3 least wealthy counties in Georgia
Source: Map AI Methodology
Income Statistics Overview
| Metric | Hancock County | Georgia Avg | US Average |
|---|---|---|---|
| Median Household Income | $40,072 | $77,523 | $80,455 |
| Median Personal Income | $40,005 | $55,999 | $60,758 |
| Average Yearly Income Growth | 5.9% | 5.3% | 4.8% |
| Six-Figure Earners | 4.6% | 12.4% | 13.9% |
| $200k+ Households | 3.8% | 11.9% | 13.2% |
The median household income in Hancock County is about 48% lower than in Georgia. Income has been growing faster in Hancock County (5.9%/yr) than in Georgia (5.3%/yr).
About 5% of adults in Hancock County earn six figures ($100,000 or more) a year, lower than the Georgia average of 12%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Hancock County, Georgia grew by 49.3% from 2009 to 2024, reaching $40,072 in 2024. That's an average of about 5.9% per year.
Income Inequality and the Gender Pay Gap in Hancock County
| Metric | Hancock County | Georgia Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.691 | 0.561 | 0.552 |
| Male Median Income | $66,838 | $65,087 | $69,667 |
| Female Median Income | $36,428 | $53,213 | $56,850 |
| Gender Pay Gap | 45.5% | 18.2% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Hancock County, it is 0.691, higher than Georgia's 0.561, so income is less evenly distributed here than there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Men's income is about 83% more than women's income in Hancock County, Georgia. Over a 35-year career, a 83% wage gap accumulates to roughly $1,064,350 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Hancock County, Georgia has widened from about 28% to 45% in 2024. Over that period the gap was narrowest at 4% in 2016. In dollar terms, the gap has widened by $21,118 since 2009.
Sharply against the trend: the pay gap in Hancock County widened by 17.7 points while Georgia's narrowed by 2.7 points.
Employment
| Metric | Hancock County | Georgia Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.3% | 5.1% | 5.2% |
| Working from Home | 2.4% | 15.9% | 15.0% |
| Commute time (minutes) | 27 | 23 | 22 |
Approximately 148 people are unemployed in Hancock County, Georgia.
The average commute time in Hancock County is 27 minutes, longer than the 23 minutes in Georgia.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Hancock County, Georgia has fallen from 15.3% to 6.3% in 2024. Over that period the rate peaked at 20.0% in 2012 and fell as low as 2.2% in 2021.
Hancock County, GA Wealth Compared With Nearby Counties
Hancock County, GA is the 4th largest of the 6 counties compared here, 8,650 residents against a local median of 19,849. Hancock County, GA's income inequality, at 0.691, runs 24% above the 0.560 typical of the counties around it. That is the weaker end of the local range on this measure.
Median household income tells the same story from another angle: $40,072 against a local median of $51,081, 22% below it. Every measure here with a clear better direction points the same way, and it is the wrong way: Hancock County, GA reads weaker than its neighbours on all of them. The counties themselves spread 0.097 on income inequality, so Hancock County, GA sits at one end of an already wide local range rather than apart from it. Hancock County, GA has the 6th lowest income inequality of the 6 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Hancock County, GA | 8,650 | $40,072 #6/6 | 5.9%/yr #3/6 | 6.3% #4/6 | 0.691 #6/6 |
| Taliaferro County, GA | 1,558 | $51,081 | 7.6%/yr | 5.0% | 0.517 |
| Baldwin County, GA | 43,642 | $53,783 | 5.7%/yr | 6.2% | 0.615 |
| Greene County, GA | 20,109 | $86,624 | 8.9%/yr | 3.4% | 0.560 |
| Warren County, GA | 5,170 | $44,474 | 5.2%/yr | 10.0% | 0.531 |
| Washington County, GA | 19,849 | $45,662 | 3.0%/yr | 8.0% | 0.591 |
Conclusion
Considering all these factors, Hancock County, Georgia has an overall wealth index grade of F, making it worse than Georgia, and worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Hancock County, Georgia.
How Rich Is Hancock County, Georgia?
Hancock County has a wealth index grade of F. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an F grade means residents are well below the U.S. average. The median household income is $40,072, about 48% lower than the Georgia average of $77,523.
How fast is household income rising in Hancock County, Georgia?
Between 2009 and 2024, the median household income in Hancock County, Georgia rose 49%, from $26,838 to $40,072. Over the same years, income here lagged behind Georgia as a whole: +49% against +57%.
What was the median household income in Hancock County in 2023?
In 2023, the median household income in Hancock County, Georgia was $31,363, up 2% from $30,712 in 2022. The Georgia median that year was $74,682.
What was the median household income in Hancock County in 2020?
In 2020, the median household income in Hancock County, Georgia was $32,626. By 2024 it had risen 23% to $40,072.
What is the Gini coefficient in Hancock County, Georgia?
The Gini coefficient in Hancock County is 0.691. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.552, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Hancock County, Georgia?
Since 2009, the income gap between men and women in Hancock County, Georgia has widened from about 28% to 45% in 2024. Over that period the gap was narrowest at 4% in 2016. In dollar terms, the gap has widened by $21,118 since 2009.
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