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Hancock County, IN

Migration of people and income, 20222023 filing years

At a glance (2023)

Cost of living
95
5% below the U.S. average
Median home value
$258,100
national $303,400
Home prices, 5 years
+53.4%
over the 5 years to 2023
Monthly rent
$1,121
national $1,348
Homeownership
80%
national 65%
Unemployment
2.8%
national 3.6%
Household income
$91,326
national $78,538
Median age
40.2 yrs
national 38.7

Cost of living is the metro-area price level for Indianapolis-Carmel-Greenwood, IN.

The cost of living runs about 5% below the national average. The median home is valued at $258,100 (nominal). Home prices have risen about 53% over the five years to 2023. Median rent is about $1,121 a month. Unemployment averaged 2.8% in 2023 (national 3.6%). Median household income is $91,326. These figures describe all residents, not just tax filers, come from separate sources than the migration data on this page, and do not indicate why anyone moved.

Between the 2022 and 2023 filing years, Hancock County, IN saw a net gain of 1,124 tax-filing households and a net gain of 2,420 individuals. Against a population of about 86,166, that is a net inflow of about 28 per 1,000 residents. On net, the area gained $111.2M in associated adjusted gross income (AGI, nominal dollars). The largest inflow, about 1,362 households, came from Marion County; the largest outflow, about 756 households, went to Marion County. In the prior (2022) filing year, the area saw a net gain of 1,696 individuals. These figures cover federal income tax filers only and do not indicate why people moved.

Net income (AGI)
+$111.2M
nominal dollars
Net households
+1,124
tax returns
Net people
+2,420
exemptions

+28.1 net people per 1,000 residents (population 86,166)

Income (AGI) in and out

Moved in$280.4M
Moved out$169.2M
Net +$111.2M (nominal)
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Hancock County within Indiana

Hancock County is outlined, with arrows tracing its largest moves to and from other Indiana counties. Hover any county for its figures; click to open it.

Net outNet in(AGI $)
Hover an area to trace its top 5 inbound (in) and outbound (out) moves.
Net income (AGI) that moved in minus out, in nominal dollars (not adjusted for inflation).Net tax returns (filing households) that moved in minus out.Net people per 1,000 residents, so larger and smaller areas compare fairly.
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Where movers came from

  1. 1Marion County, IN1,362$93.7M
  2. 2Hamilton County, IN559$65.9M
  3. 3Madison County, IN188$12.6M
  4. 4Henry County, IN132$6.6M
  5. 5Shelby County, IN127$7.4M
  6. 6Johnson County, IN122$7.9M
  7. 7Hendricks County, IN66$5.3M
  8. 8Delaware County, IN51$2.7M
  9. 9Rush County, IN35$1.6M
  10. 10Wayne County, IN25$2.4M
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Where movers went

  1. 1Marion County, IN756$43.3M
  2. 2Hamilton County, IN286$24.8M
  3. 3Madison County, IN203$11.8M
  4. 4Henry County, IN180$9.5M
  5. 5Shelby County, IN120$5.8M
  6. 6Johnson County, IN77$5.2M
  7. 7Delaware County, IN51$2.5M
  8. 8Hendricks County, IN49$3.3M
  9. 9Rush County, IN40$2M
  10. 10Boone County, IN29$2M
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Churn by county · both directions at once

The biggest two-way exchanges of filing households, 20222023. Moved in and moved out are gross one-way counts; net is the difference. Click a column to sort.

Marion County, IN1,362756+606+$50.4M
Hamilton County, IN559286+273+$41.1M
Madison County, IN188203-15+$888K
Henry County, IN132180-48-$2.9M
Shelby County, IN127120+7+$1.7M
Johnson County, IN12277+45+$2.7M
Hendricks County, IN6649+17+$2M
Delaware County, IN51510+$197K
Rush County, IN3540-5-$420K
Boone County, IN2129-8-$210K
Morgan County, IN2420+4-$96K
Wayne County, IN25

Counts are filing households (IRS returns), matching the lists above; income is nominal AGI. A dash means the IRS published only one direction of that exchange (small flows are suppressed), so no net is computed.

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Net migration by year

Net 2012–2023: +$447.2M (+14,901 people)
20122023
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Net AGI and net people by year (nominal dollars)
YearNet AGINet people
2012-$40.3M-448
2013+$23.4M+838
2014+$18.2M+530
2015+$15.3M+402
2016+$25.1M+1,231
2017+$55.4M+2,211
2018+$30.8M+1,295
2019+$66.7M+1,416
2020+$42.5M+1,449
2021+$76.3M+1,861
2022+$22.5M+1,696
2023+$111.2M+2,420
Migration in context

How big is this move, relative to the county?

In the 20222023 filing year, about 2,420 more people moved into Hancock County, IN than left (counting tax filers and their dependents) — a net gain of about $111.2M in income (nominal) — in a county of 86,159 people.

Population
86,159
Census 2023 estimate
Net migration rate
+28.1
net people per 1,000 residents
A town of 10,000 would net about +281 people.
Net income per resident
+$1,291
nominal dollars
+$111.2M total across 86,159 residents.

The rate lets you compare Hancock County, IN with a countyof any size: it’s the net flow divided by population. The IRS counts tax filers; population counts all residents, so read the rate as a scale indicator, not a literal share of people.

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Components of population change · 2023 (Census)

Where the county’s overall change came from. Census counts all residents; the IRS migration above is one slice of the domestic-migration component.

Births
+891
Deaths
-801
Net domestic migration
+2,911
Net international migration
+81
Total change
+3,143

Source: U.S. Census Bureau, Population Estimates Program. Figures are people, not tax filers.

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Income & cost of living

What a dollar is worth here

Prices around Hancock County, IN run about 5% below the national average. In plain terms: $100 spent here buys about what $106 buys in the average American community. The figures below apply that to income, each compared to the U.S. average of $70,002 per person.

Income per person
$65,450
what people here earn (BEA 2023, nominal)
7% below the U.S. average
Price level
94.7
100 = U.S. average prices (BEA price parity)
everyday costs about 5.3% lower than average
What that income buys
$69,149
local income restated at U.S.-average prices
1% below the U.S. average
Cheaper than U.S. avgU.S. average (100)Pricier

Cost of living shown for the Indianapolis-Carmel-Greenwood, IN metro area (BEA publishes price parities by metro, not by county).

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Where the cost comes from · price parity by category

Index where 100 = U.S. average for that category. Housing is usually what separates one place from another.

Housing & rents87.0
Goods94.8
Utilities85.6
Other services97.3

Housing is measured from rents (including an estimated rental value for owner-occupied homes), so a run-up in purchase prices shows here only as it reaches rents. Source: U.S. Bureau of Economic Analysis. Covers all residents, a separate universe from the IRS filer income above. How the data works.

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Who lives here

The people of Hancock County, IN

American Community Survey, 2019–2023 (a 5-year average of all residents, not just tax filers).

Median age
40.2
years
Median household income
$91,326
per household (ACS 2019–2023, nominal)
16% above the U.S. median
College degree
34%
adults 25+ with a bachelor's or higher
Poverty rate
4.5%
residents below the poverty line
Average commute
27 min
mean travel time to work
Broadband at home
93%
households with any broadband
Race and ethnicity (share of residents)
White 89%Hispanic 3%Black 3%Asian 1%Other 3%

White, Black, and Asian counts are people who are not Hispanic or Latino; Hispanic or Latino can be of any race. Shares are rounded and may not total 100.

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Covers all residents, a separate universe from the IRS filer data. A 5-year estimate is an average over 2019–2023; compare years at least five apart, since consecutive windows overlap. How the data works.

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Housing · what it costs to live here (ACS 2019–2023)

Median home value
$258,100
owner-occupied homes
15% below the U.S. median
Median rent
$1,121
gross rent per month
17% below the U.S. median
Homeownership
80%
of occupied homes are owner-occupied
Home-price appreciation · FHFA index, 2023
Past year
+6.9%
price change, 2022 to 2023
Past 5 years
+53%
price change, 2018 to 2023

A repeat-sales index (how much the same homes changed in price), so it tracks the market over time rather than the current level. Source: Federal Housing Finance Agency, annual all-transactions HPI; the county series is FHFA’s developmental index.

New home construction · building permits, 2023
920new housing units authorized in 2023
Single-family 48%Multifamily 52%

Units authorized by residential building permits (new supply), summed from counties for the state and U.S. Permits are authorizations, not completions. Source: U.S. Census Bureau, Building Permits Survey.

Home value is what owners estimate their homes are worth, not recent sale prices. Source: U.S. Census Bureau, American Community Survey 5-year estimates (2019–2023), nominal dollars. How the data works.

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Local economy & risk

Jobs and natural hazards

Unemployment rate
2.8%
BLS 2023 annual average
Labor force
46,308
45,009 employed
Disaster declarations
major federal, 2023

Sources: U.S. Bureau of Labor Statistics (LAUS) and FEMA. A disaster declaration marks federal assistance eligibility, not damage severity, and says nothing about why anyone moved. How the data works.

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Unemployment now
2.3%
April 2026 · ▼ 0.4 points vs April 2025
January 2024April 2026

Source: U.S. Bureau of Labor Statistics (LAUS). Monthly unemployment for this county, not seasonally adjusted. Updated every month, so it moves faster than the annual average above. How the data works.

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How Hancock County, IN has voted. Certified returns, popular vote only. This is a separate dataset from the migration figures on this page.

YearDemocraticRepublicanOtherMarginTotal
202414,31229,288850R +33.744,450
202012,89528,9961,020R +37.542,911
20168,90425,0742,203R +44.736,181
20129,31922,796728R +41.032,843
200811,87422,008371R +29.634,253
20046,91220,771184R +49.727,867
20006,50315,943504R +41.122,950

Source: MIT Election Data and Science Lab county returns (CC0). Margins are the popular-vote gap as a share of all votes cast.

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