Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Hancock County area can be challenging. Home prices in Hancock County are now at a median cost of $130,100, lower than the Tennessee average of $315,131.
The average cost of rent is $619/mo in Hancock County, primarily driven by the current value of real estate in the Hancock County area. In Hancock County, 25.39% of households rent, and 72.05% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hancock County is $3,115 per month. Households that rent pay about 19.86% of their income on rent here. Hancock County’s most expensive areas are in the western regions, while the cheapest areas are in the northwestern parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Hawkins County, TN: higher priced homes
- Claiborne County, TN: higher priced homes
- Bell County, KY: less expensive homes
- Scott County, VA: higher priced homes
- Sullivan County, TN: higher priced homes
- Bristol City, VA: higher priced homes
- Scott County, TN: higher priced homes
- Johnson County, TN: higher priced homes
- Ashe County, NC: higher priced homes
- Pickett County, TN: higher priced homes
Counties with Similar Populations
- Washington County, IL: higher priced homes
- Brule County, SD: higher priced homes
- Walthall County, MS: equally priced homes
- Walworth County, SD: equally priced homes
- Ward County, TX: equally priced homes
- Warren County, IN: higher priced homes
- Washakie County, WY: higher priced homes
- Washburn County, WI: higher priced homes
- Washington County, AL: higher priced homes
- Washington County, CO: higher priced homes
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