Jamie Stitt

Assistant Commissioner, Business and Workforce Development

Tennessee Department of Economic and Community Development
312 Rosa L. Parks Ave., Nashville, TN 37243
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Hancock County

County Profile Tool
Hancock County

Population & Demographics

Location

Time Zone

Eastern Time Zone

Grand Division

East Tennessee

Area (Square Miles)

222.3

County Seat

Sneedville

Metropolitan Area

North Central Tennessee nonmetropolitan area

ECD Region

Northeast

Population

Population

(2020)

6,662

Population

(2022)

6,726

Population Change

(2020 - 2022)

1.0%

Population Forecast

(2040)

6,269

Foreign Born Population

78

Foreign Born Persons (Percentage of Population)

1.20%

Language Other Than English Spoken At Home

1.90%

Civilian Veteran Population

292

Race (Percentage of Population)

White Alone

96.70%

Black or African American, alone

0.60%

American Indian And Alaska Native, alone

0.00%

Asian, alone

0.50%

Native Hawaiian or Other Pacific Islander, alone

0.00%

Some Other Race, alone

0.20%

Two or More Races

1.90%

Hispanic or Latino

0.70%

Age (Percentage of Population)
Male
Female
Total

Under 5 Years Old

Male: 5.60%

Female: 0.052

Total: 5.40%

Under 18 Years Old

Male: 20.70%

Female: 21.40%

Total: 21.10%

18-64 Years Old

Male: 57.40%

Female: 55.80%

Total: 56.50%

65 Years and Over

Male: 21.90%

Female: 22.80%

Total: 22.40%

Median Age

Male: 44.9

Female: 43.9

Total: 46

Sources:
U.S. Census Bureau, 2018-2022 5-Year American Community Survey
U.S. Bureau of Labor Statistics
Tennessee State Data Center (2024)

Housing & Income

Housing & Income

Households

2,829

Homeownership Rate

77.9%

Persons Per Household

2.32

Living In Same House 1 Year & Over

92.3%

Median Home Value

$112,600

Annual Home Sales

39

Median Sale Price of Homes Sold

$160,000

Persons In Households With Income Below Poverty Level

32.3%

Total Personal Income

$217.8M

Personal Income Per Capita

$31,828

County Median Wage

$17.08

Household Income & Benefits
Percent of Household

Less Than $10,000

11.3%

$10,000 to $14,999

11.9%

$15,000 to $24,999

16.1%

$25,000 to $34,999

14.9%

$35,000 to $49,999

12.2%

$50,000 to $74,999

13.4%

$75,000 to $99,999

10.2%

$100,000 to $149,999

5.6%

$150,000 to $199,999

1.0%

$200,000 or More

3.3%

Median Household Income

$31,809

Percentage of Households by Income Range

Sources:
U.S. Census Bureau, 2018-2022 5-Year American Community Survey
Tennessee Housing Development Agency (2023)
U.S. Bureau of Economic Analysis (2023)
Lightcast (2023)

Tax Structure

Property Tax

Property Tax Rate (County)

$2.2200

State Property Tax

None

Assessment Ratio: Residential Property

25%

Assessment Ratio: Farm Property

25%

Assessment Ratio: Commercial/Industrial Property

40%

Assessment Ratio: Public Utility Property

55%

Assessment Ratio: Business Personal Property

30%

State Tax

State Income Tax on Wages

None

State Income Tax: Interest from Bonds and Notes and Dividends from Stock

None (Hall Income tax was fully repealed January 1, 2021)

Excise Tax (State)

6.5% of Tennessee taxable income

Franchise Tax (state)

0.25% of the greater of net worth or real and tangible property in Tennessee. The minimum tax is $100.

Unemployment Insurance Tax (state)

2.7% of the first $7,000 in wages for new employers

Sales Tax

State Sales Tax Rate

7.0%

County Sales Tax Rate

2.00%

Local Sales Tax Collections

(FY 2023)

$791,244

Local Sales Tax Collections

(FY 2024)

$742,002

Local Sales Tax Collections Growth

(FY 2023 - FY 2024)

6.64%

State Bond Ratings

Moody's

Aaa

Standard & Poor's

AAA

Fitch

AAA

Debt per Capita

State Debt per Capita

$988

County Debt Per Capita

$1,561

Sources:
Tennessee Comptroller of the Treasury (2024)
Tennessee Department of Revenue (2024)
The Tax Foundation (2024)

Labor Force

Labor Force Estimates (2023)
Tennessee
Hancock

Labor Force

Tennessee: 3,379,605

Hancock: 2,269

Employment

Tennessee: 3,267,935

Hancock: 2,169

Unemployment

Tennessee: 111,670

Hancock: 100

Unemployment Rate

Tennessee: 3.30%

Hancock: 4.40%

Unemployment Rate*
Tennessee
Hancock

2019

Tennessee: 7.40%

Hancock: 8.20%

2020

Tennessee: 4.50%

Hancock: 5.00%

2021

Tennessee: 3.40%

Hancock: 4.20%

2022

Tennessee: 3.30%

Hancock: 4.40%

Unemployment Rate (by percentage)

Sources:
U.S. Bureau of Labor Statistics

Industries

Industry
Employment
Establishments
Avg. Annual Wages

Construction

Employment: 22

Establishments: 6

Employment: $30,938

Manufacturing

Employment: 108

Establishments: 6

Employment: $29,286

Wholesale Trade

Employment: 20

Establishments: 3

Employment: $30,372

Retail Trade

Employment: 122

Establishments: 17

Employment: $26,223

Transportation and Warehousing

Employment: 13

Establishments: 6

Employment: $25,724

Finance and Insurance

Employment: 14

Establishments: 2

Employment: $30,764

Professional, Scientific, and Technical Services

Employment: 11

Establishments: 5

Employment: $0

Administrative, Support, Waste Management and Remediation

Employment: 48

Establishments: 1

Employment: $31,122

Health Care and Social Assistance

Employment: 173

Establishments: 19

Employment: $38,506

Accommodation and Food Services

Employment: 35

Establishments: 3

Employment: $18,381

Government

Employment: 459

Establishments: 15

Employment: $29,635

Total

Employment: 1,058

Establishments: 97

Employment: $30,944

Unique Occupations*
Employment
Location Quotient*

Bus Drivers, School

Employment: 15

Location Quotient*: 5.87

Licensed Practical and Licensed Vocational Nurses

Employment: 20

Location Quotient*: 4.35

Elementary School Teachers, Except Special Education

Employment: 40

Location Quotient*: 4.27

Pharmacy Technicians

Employment: 13

Location Quotient*: 4.2

Police and Sheriff's Patrol Officers

Employment: 19

Location Quotient*: 4.13

Key Cluster
Total Employment

Advanced Materials

0

Aerospace & Defense

0

Appliances & Electrical

0

Automotive

40

Business Services

54

Chemicals

0

Distribution & Logistics

27

Film, Music & Entertainment

0

Food & Beverage

18

Healthcare & Medical Devices

35

Top Employers

Top County Employers
Estimated Employees
City

Hancock County Board of Education

Est. Employees: 200

City: Sneedville

Hancock County Government

Est. Employees: 150

City: Sneedville

Allied Dispatch Solutions

Est. Employees: 69

City: Sneedville

Wellmont Health System

Est. Employees: 60

City: Sneedville

Hackney Furniture

Est. Employees: 50

City: Sneedville

Transportation & Logistics

Transportation

Nearest Commercial Service Airport

Tri-Cities Regional

Distance to Nearest Commercial Service Airport

67

Daily Flights At Nearest Commercial Service Airport

14

Nearest General Aviation Airport

Claiborne County Airport

Distance to Nearest General Aviation Airport

27.4

Runway Length at Nearest General Aviation Airport

5,208'

Mean Travel Time to Work (Minutes)

32.7

Access of Interstate

I-81 (32 miles)

U.S. Highways

NONE

State Highways

31, 33, 63, 66, 70, 131

Nearest Port (From County Seat)

Knoxville

Sources:
Tennessee Department of Transportation
Federal Aviation Administration, Aeronautical Data (2024)
U.S. Census Bureau, 2018-2022 5-Year American Community Survey

Education

General Stats
Hancock
Tennessee

Population Aged 25-64 With High School Degree Or Higher

Hancock: 85.8%

Tennessee: 91.5%

Population Aged 25-64 With Associate's Degree Or Higher

Hancock: 13.8%

Tennessee: 41.2%

Population Aged 25-64 With Bachelor's Degree Or Higher

Hancock: 9.4%

Tennessee: 32.8%

High School Graduation Rate

Hancock: 90.5%

Tennessee: 90.6%

College Going Rate

Hancock: 46.3%

Tennessee: 56.7%

Average ACT Score

Hancock: 16.7

Tennessee: 19.0

High School Graduation Rate
College Going Rate
Average ACT Score
Hancock County Schools
Enrollment

Elementary Schools

Enrollment: 408

High Schools

Enrollment: 270

Regional Higher Education Institutions
City
Enrollment

Lincoln Memorial University

City: Harrogate

Enrollment: 5,418

Sources:
U.S. Census Bureau, 2022 1-Year American Community Survey,
U.S. Census Bureau, 2022 5-Year American Community Survey
Tennessee Department of Education (2022-2023)
National Center for Education Statistics
Tennessee Board of Regents and Tennessee Higher Education Commission

† Regional higher education institutions include those within the selected and surrounding counties.

Due to data availability, federal graduation rates were used for Clay, Fentress, and Haywood counties.

Health & Public Safety

Doctors

Number of Doctors

3

Overweight & Obesity Prevalence

Adults*

20.1

Children** (Grade 8)

45.1

Regional Hospitals
Number of Beds
City

Hancock County Hospital

Number of Beds: 10

City: Sneedville

Sources:
American Medical Association (2023)

National Center for Chronic Disease Prevention and Health Promotion

Tennessee Department of Health

† Regional hospitals include those within the selected and surrounding counties.

 

Climate

Climate

Average High Temperature

68.2°F

Average Low Temperature

45.9°F

Average Annual Temperature

57.1°F

Annual Rainfall

54.51"

Elevation (at County Seat)

1,169'

Prevailing Winds

Southwest

Sources:
National Oceanic and Atmospheric Administration (2023)

Community Information

Sneedville

Population (2022)

1,486

Charter Type

General Law Mayor-Alderman

Local Option Sales Tax Rate

2.00%

Phone Number

(423) 733-2254

Retire Tennessee Participant

No

Tennessee Downtowns Participant

No

Main Street Participant

No

Additional Community Information

ThreeStar Certified County

Yes

Sources:
Tennessee Municipal Technical Advisory Service
Tennessee Department of Revenue (2015)
Tennessee Comptroller of the Treasury (2015)
U.S. Census Bureau, 2010-2014 5-Year American Community Survey

Tennessee Department of Economic and Community Development
312 Rosa L. Parks Ave., Nashville, TN 37243
615.741.1888 |
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