Wealth Index
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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Income Statistics Overview
| Metric | Hancock County | Kentucky Avg | US Average |
|---|---|---|---|
| Median Household Income | $68,922 | $62,784 | $78,145 |
| Median Personal Income | $68,922 | $62,784 | $78,145 |
| Average income growth | 5.1% | 5.1% | 5.1% |
Household Income Trend
Median Household Income Over Time
Hancock County
United States
Economic Inequality in Hancock County | Gender Pay Gap | Gini Index
| Metric | Hancock County | Kentucky Avg | US Average |
|---|---|---|---|
| Gini Index | 0.533 | 0.554 | 0.570 |
| Male Median Income | $61,323 | $59,736 | $67,746 |
| Female Median Income | $46,085 | $47,402 | $54,793 |
| Gender Pay Gap | 24.8% | 20.6% | 19.1% |
Income by Sex Over Time
Male
Female
Employment
| Metric | Hancock County | Kentucky Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.9% | 4.8% | 5.2% |
| Working from Home | 3.1% | 9.1% | 13.4% |
| Commute time (minutes) | 21 | 20 | 22 |
Unemployment Rate Over Time
Hancock County
United States