Hancock County Has Sank in Ownership Residential Property by 2.5%, As Reported in the 2010 Census

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Parent Category: Tennessee

Category: Hancock County, TN

The 2010 Census reports Hancock County, Tennessee decreased in housing units by 344, or 10%, (since the 2000), while the State of Tennessee increased in total housing units by 372,690, or 13%.

Compared against the United States, Hancock County has a very low amount of unoccupied residential real estate. 799, or 22.0%, are currently vacant in Hancock County, Tennessee. Of the 799 unoccupied housing units, 5.3% are listed for sale, while 8.9% are listed for rent.

Between 2000 and 2010, residential properties occupied by owners in Hancock County have decreased by 2.5%. In 2010, there were 2,157 (76.4%) owner-occupied units, while 668 (23.6%) housing units were leased. Hancock County has a smaller portion properties rented than the State of Tennessee, which the Census reported had 31.8% of units occupied by renters.

The 2010 Census reports that Hancock County has a very low level of owner-occupied units that are owned by minorities. 1.8% of housing units are owned and occupied by minorities in Hancock County; at the same time the US as a whole had 21.7% and in the State of Tennessee 14.6% of residential real estate is minority-owned.

Black reported being renters the highest percent in Hancock County. 83.3% the Black Census group reported renting in the 2010 Census.

Datasource:  U.S. Census Bureau, Census 2010 Summary File 1. For more information, please visit the US Census website or visit our Request Census Data section and file a request.

In Hancock County, Tennessee, the total number of workers for all sectors has increased by 60 total jobs between 2005 and 2010.

Details

Parent Category: Tennessee

Category: Hancock County, TN

In Hancock County, Tennessee, the total number of workers for all sectors has increased by 60 total jobs between 2005 and 2010.

Given the 5 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each year, 1 described an expansion of jobs throughout the time period, while 3 industries reported a drop in employment.

Of the industries (4-digit NAICS) in the area, the administration of economic programs industry has accounted the most employment growth with a total of 3 total jobs brought in during the period. The growth in administration of economic programs makes up 100.0% percent of the growth in Hancock County, Tennessee between the years of 2005 and 2010.

Top 1 Growing Industries
1. Administration of economic programs (+3)





Given the industries in the area, the grocery stores industry faced the greatest employment loss with a total loss of 25 jobs during the period. The employment lost in grocery stores make up 50.0% percent of the employment lost during the period in Hancock County, Tennessee between the years of 2005 and 2010.

Top 3 Declining Industries
1. Grocery stores (-25)
2. Other general merchandise stores (-23)
3. Gasoline stations (-2)



Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).