housing costs · Tennessee
Housing costs in Hancock County
What it costs to live here: rent, home values and the share of income rent takes.
Median gross rent
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $622 | ± $48 | evidence → |
| 2019–2023 | $592 | ± $47 | evidence → |
| 2018–2022 | $571 | ± $38 | evidence → |
| 2017–2021 | $532 | ± $38 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $134,500 | ± $36,424 | evidence → |
| 2019–2023 | $118,000 | ± $16,048 | evidence → |
| 2018–2022 | $112,600 | ± $22,632 | evidence → |
| 2017–2021 | $98,500 | ± $18,854 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 33.5 % | ± 10.5 % | evidence → |
| 2019–2023 | 31.2 % | ± 9.1 % | evidence → |
| 2018–2022 | 32.8 % | ± 15.8 % | evidence → |
| 2017–2021 | 31.7 % | ± 6.8 % | evidence → |
In context
Median rent in Hancock County is $622, below the Tennessee median of $839 across 95 counties (2020–2024).
American Community Survey, five-year estimates. Each release covers five years, so consecutive releases overlap by four of them — a change from one release to the next is damped, and reading them as annual values understates swings. Margins of error are at 90 % confidence and are wide in sparsely populated counties.