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Hancock County, Georgia Economic Analysis


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Economic Analysis

People and the communities they live in depend on money. The people of Hancock County, Georgia need food, shelter, clothing, and medical care. Business formation and job creation are essential to this community. Money sustains infrastructure such as roads and airports as well as human resources including fire rescue and police protection.

Energy Costs In Georgia

    Residential
(cents per
kilowatthour)
Commercial
(cents per
kilowatthour)
Industrial
(cents per
kilowatthour)
Other
(cents per
kilowatthour)
Transportation
(cents per
kilowatthour)
Total
(cents per
kilowatthour)
1990              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.46 7.33 4.83 8.11 0.00 6.56
  Total Electric Industry 7.46 7.33 4.83 8.11 0.00 6.56
1991              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.50 7.36 4.78 8.54 0.00 6.56
  Total Electric Industry 7.50 7.36 4.78 8.54 0.00 6.56
1992              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.73 7.50 4.76 8.70 0.00 6.67
  Total Electric Industry 7.73 7.50 4.76 8.70 0.00 6.67
1993              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.79 7.44 4.74 8.50 0.00 6.71
  Total Electric Industry 7.79 7.44 4.74 8.50 0.00 6.71
1994              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.72 7.33 4.57 8.71 0.00 6.57
  Total Electric Industry 7.72 7.33 4.57 8.71 0.00 6.57
1995              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.85 7.32 4.52 8.60 0.00 6.62
  Total Electric Industry 7.85 7.32 4.52 8.60 0.00 6.62
1996              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.66 7.17 4.29 8.96 0.00 6.43
  Total Electric Industry 7.66 7.17 4.29 8.96 0.00 6.43
1997              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.74 7.11 4.13 9.05 0.00 6.37
  Total Electric Industry 7.74 7.11 4.13 9.05 0.00 6.37
1998              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.67 7.01 4.23 8.99 0.00 6.40
  Total Electric Industry 7.67 7.01 4.23 8.99 0.00 6.40
1999              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.56 6.67 4.15 8.47 0.00 6.24
  Total Electric Industry 7.56 6.67 4.15 8.47 0.00 6.24
2000              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.60 6.50 4.10 8.51 0.00 6.21
  Total Electric Industry 7.60 6.50 4.10 8.51 0.00 6.21
2001              
  Full-Service Providers 7.72 6.61 4.28 8.56 0.00 6.39
  Total Electric Industry 7.72 6.61 4.28 8.56 0.00 6.39
2002              
  Full-Service Providers 7.63 6.46 3.95 8.31 0.00 6.24
  Total Electric Industry 7.63 6.46 3.95 8.31 0.00 6.24
2003              
  Full-Service Providers 7.70 6.66 4.02 0.00 4.81 6.32
  Total Electric Industry 7.70 6.66 4.02 0.00 4.81 6.32
2004              
  Full-Service Providers 7.86 6.88 4.43 0.00 5.12 6.58
  Total Electric Industry 7.86 6.88 4.43 0.00 5.12 6.58
2005              
  Full-Service Providers 8.64 7.67 5.28 0.00 5.90 7.43
  Total Electric Industry 8.64 7.67 5.28 0.00 5.90 7.43
2006              
  Full-Service Providers 8.91 7.81 5.38 0.00 6.12 7.63
  Total Electric Industry 8.91 7.81 5.38 0.00 6.12 7.63

(updated 2006)



Time Leaving to Work in Hancock County, Georgia

12:00 A.M. TO 4:59 A.M.   : 194   (6.8%)
5:00 A.M. TO 5:29 A.M.   : 204   (7.1%)
5:30 A.M. TO 5:59 A.M.   : 206   (7.2%)
6:00 A.M. TO 6:29 A.M.   : 379   (13.3%)
6:30 A.M. TO 6:59 A.M.   : 277   (9.7%)
7:00 A.M. TO 7:29 A.M.   : 358   (12.5%)
7:30 A.M. TO 7:59 A.M.   : 297   (10.4%)
8:00 A.M. TO 8:29 A.M.   : 113   (4.0%)
8:30 A.M. TO 8:59 A.M.   : 51   (1.8%)
9:00 A.M. TO 9:59 A.M.   : 107   (3.7%)
10:00 A.M. TO 10:59 A.M.   : 42   (1.5%)
11:00 A.M. TO 11:59 A.M.   : 6   (0.2%)
12:00 P.M. TO 3:59 P.M.   : 303   (10.6%)
4:00 P.M. TO 11:59 P.M.   : 319   (11.2%)


(updated 2010)



Means Of Transportation
(Hancock County, Georgia)

Car, truck, or van:

Drove alone : 2,156

Carpooled:

In 2-person carpool : 404

In 3-person carpool : 31

In 4-person carpool : 34

In 5- or 6-person carpool : 0

In 7-or-more-person carpool : 22

Public transportation (excluding taxicab):

Bus or trolley bus : 14

Streetcar or trolley car (carro publico in Puerto Rico) : 0

Subway or elevated : 0

Railroad : 0

Ferryboat : 0

Taxicab : 0

Motorcycle : 0

Bicycle : 0

Walked : 25

Other means : 0

Worked at home : 65


(updated 2009)



Travel Time To Work
(Hancock County, Georgia)

Less than 5 minutes : 119

5 to 9 minutes : 291

10 to 14 minutes : 264

15 to 19 minutes : 294

20 to 24 minutes : 323

25 to 29 minutes : 148

30 to 34 minutes : 374

35 to 39 minutes : 185

40 to 44 minutes : 196

45 to 59 minutes : 215

60 to 89 minutes : 169

90 or more minutes : 108


(updated 2009)



Social Security Income In The Past 12 Months For Households
(Hancock County, Georgia)

With Social Security income : 999

No Social Security income : 1,685


(updated 2009)



Retirement Income In The Past 12 Months For Households
(Hancock County, Georgia)

With retirement income : 475

No retirement income : 2,209


(updated 2009)



Family Income (Annual)
(Hancock County, Georgia)

Less than $10,000 : 114

$10,000 to $14,999 : 162

$15,000 to $19,999 : 234

$20,000 to $24,999 : 108

$25,000 to $29,999 : 108

$30,000 to $34,999 : 178

$35,000 to $39,999 : 118

$40,000 to $44,999 : 106

$45,000 to $49,999 : 47

$50,000 to $59,999 : 179

$60,000 to $74,999 : 95

$75,000 to $99,999 : 73

$100,000 to $124,999 : 77

$125,000 to $149,999 : 0

$150,000 to $199,999 : 57

$200,000 or more : 13


(updated 2009)



Median Family Income (Annual)
(Hancock County, Georgia)

Median family income in the past 12 months (in 2009 inflation-adjusted dollars) : $31,717


(updated 2009)



Occupations in Hancock County, Georgia

Male:


  • Management, Professional, And Related Occupations: 103  (7.4%)
  • Service Occupations: 333  (24.0%)
  • Sales And Office Occupations: 89  (6.4%)
  • Farming, Fishing, And Forestry Occupations 75  (5.4%)
  • Construction, Extraction, And Maintenance Occupations: 229  (16.5%)

Female:


  • Management, Professional, And Related Occupations: 435  (28.2%)
  • Service Occupations: 446  (28.9%)
  • Sales And Office Occupations: 272  (17.6%)
  • Farming, Fishing, And Forestry Occupations 12  (0.8%)
  • Construction, Extraction, And Maintenance Occupations: 13  (0.8%)


(updated 2010)





Employment Rate In Hancock County, Georgia

Employed: 3,147
Unemployed: 291



Minority Owned Firms of 100 or More in
Hancock County, Georgia

  • Total Black-owned firms of 100 or more, percent 2002: 0.0%
  • Total American Indian-and Alaska Native-owned firms of 100 or more, percent 2002: 0.0%
  • Total Asian-owned firms of 100 or more, percent 2002: 0.0%
  • Total Hispanic-owned firms of 100 or more, percent 2002: 0.0%
  • Total Native Hawaiian-and Other Pacific Islander-owned firms of 100 or more, percent 2002: 0.0%
  • Total women-owned firms of 100 or more, percent 2002: 0.0%
  • Other: 100%







There are 206 Farms In Hancock County, Georgia


(updated 2008)



Banks In Hancock County, Georgia

Bank Of Hancock County - 1 Branches


    Bank Assets: $84.7k
    Industry Specialization: All Other < $1 Billion
    Total Offices: 1

(updated 2014)







Airports Near Hancock County, Georgia

  • Thomson McDuffie County


    (about 33.8 miles in Thomson, Georgia; Airport Code: GA5)

  • Macon Downtown


    (about 44.2 miles in Macon, Georgia; Airport Code: MAC)

  • W H Bud Barron


    (about 48.1 miles in Dublin, Georgia; Airport Code: DBN)

  • Athens Municipal


    (about 51.0 miles in Athens, Georgia; Airport Code: AHN)

  • Athens/Ben Epps


    (about 51.0 miles in Athens, Georgia; Airport Code: AHN)

  • Middle Georgia Regional


    (about 53.9 miles in Macon, Georgia; Airport Code: MCN)

  • Robins AFB


    (about 54.7 miles in Warner Robins, Georgia; Airport Code: WRB)

  • Daniel Field


    (about 57.7 miles in Augusta, Georgia; Airport Code: DNL)

  • Bush Field


    (about 60.6 miles in Augusta, Georgia; Airport Code: AGS)

  • Augusta Regional at Bush Field


    (about 60.6 miles in Augusta, Georgia; Airport Code: AGS)

  • Barrow County


    (about 62.8 miles in Winder, Georgia; Airport Code: WDR)

  • Winder Barrow


    (about 62.8 miles in Winder, Georgia; Airport Code: WDR)

  • Jackson County


    (about 70.8 miles in Jefferson, Georgia; Airport Code: GA4)

  • Gwinnett County - Briscoe Field


    (about 74.1 miles in Lawrenceville, Georgia; Airport Code: LZU)

  • Stone Mountain Airport


    (about 74.5 miles in Stone Mountain, Georgia; Airport Code: SMT)

  • Beaver Ruin


    (about 80.6 miles in Norcross, Georgia; Airport Code: JAO)

  • Aiken Municipal


    (about 80.8 miles in Aiken, South Carolina; Airport Code: AIK)

  • Vidalia Regional


    (about 82.4 miles in Vidalia, Georgia; Airport Code: VDI)

  • Greenwood County


    (about 84.0 miles in Greenwood, South Carolina; Airport Code: GRD)

  • Gainesville Municipal


    (about 84.4 miles in Gainesville, Georgia; Airport Code: GVL)


(updated 2015)



Modes of Transportation in Hancock County, Georgia

Car, Truck, Or Van:

 

Drove Alone

62.44%

Carpooled

29.78%

Public Transportation:

 

Bus Or Trolley Bus

1.84%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.0%

Railroad

0.0%

Ferryboat

0.0%

Taxicab

0.0%

Motorcycle

0.0%

Bicycle

0.14%

Walked

1.53%

Other Means

3.40%

Worked At Home

0.87%



(updated 2010)





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