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Hancock County, OH

Findlay

RANK #182 / 996 NAT  ·  #19 / 49 OH  ·  POP 75,072

1YR FORECAST: +2.7%

5YR OUTLOOK: +32%

Our model projects Hancock County's housing market to grow +2.7% over the next year, significantly outpacing the national average.

[01] Why Hancock County?

Findlay, the county seat, holds the distinction of being named "Flag City USA," a unique title in the country. Located in northwestern Ohio, Hancock County is approximately 45 miles south of Toledo, offering residents a manageable commute. The community maintains a suburban-rural feel, with many residents owning their homes. Outdoor recreation opportunities are available at places like Oakwoods Nature Preserve and Riverbend Park, which offer trails, fishing, and boating on the Blanchard River. Riverside Park, the county's oldest park, also provides amenities like playgrounds and walking paths.

Life in Hancock County is characterized by a family-friendly environment with above-average public schools, including the highly-rated Liberty-Benton Local School District. The county's economy is driven by sectors such as manufacturing, healthcare, and transportation. Public transportation, provided by Hancock Area Transportation Services (HATS), offers on-demand service throughout the county, with plans to enhance efficiency and access to key destinations. This blend of community amenities and economic activity attracts families and young professionals.

[02] Market Snapshot

Housing Ratio
2.4x

Undervalued relative to economy

GDP Growth
+0.3%

Well below national median

Home Prices
+1.8%

Above national median

Climate & Terrain
-2.6

Below-average climate & terrain

Price/Rent
12x

Strong rental yield

Housing looks undervalued at 2.4x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Blanchard Valley Health System Healthcare
    2,500+
  2. 2
    Whirlpool Corporation Manufacturing
    1,000+
  3. 3
    Marathon Petroleum Corporation Energy
  4. 4
    Hearthside Food Solutions Manufacturing
  5. 5
    The University of Findlay Education
  6. 6
    Cooper Tire & Rubber Company Manufacturing
  7. 7
    McLane Company Logistics
  8. 8
    Campbell's Soup Company Manufacturing
  9. 9
    Lowe's Retail
  10. 10
    Kohl's Retail

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Hancock County U.S. National

The Numbers

DEMOGRAPHICS
Population
75,072
-0.09% YoY
Median Household Income
$67,006
Median Home Value
$179,600
+1.84% 12mo
Median Rent
$877
Average Annual Pay
$65,463
+4.8% YoY
Employment
44,126
-0.4% YoY
Income-to-Home-Value
0.3731
More affordable than average
Migration Inflow
4.09%
of pop. from another state
Bachelor's Degree+
28.5%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$249,000
Days on Market
66
Slower market
Months of Supply
3.2
Balanced market
Sale-to-List Ratio
98.6%
Near asking price
Sold Above List
34.0%
Listings w/ Price Drops
25.0%
Building Permits (2024)
261
Single-Family Permits
80

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

B
SAFETY
GRADE
Homicide Rate
3.2
per 100K · nat avg 6.3
Firearm Fatalities
9.3
per 100K · nat avg 14.8
Injury Deaths
78.6
per 100K · nat avg 76.3
vs National Average
Below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Capital Investment

$495M
TOTAL
PROJECT AMOUNT STATUS
Project Hat Trick (Food preparation and distribution facility)
Undisclosed
$145M Proposed
South Branch Solar
South Branch Solar LLC
$130M Under Construction
Border Basin Solar
Border Basin I, LLC
$120M Planned
I-75 and County Road 99 Interchange and Corridor Improvement
Ohio Department of Transportation (ODOT)
$50M Under Construction
Humble Robinson Speculative Building (similar to Amazon Distribution Center)
Humble Robinson
$50M Under Construction

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[07] Score Breakdown

GDP Growth +0.3% 10 percentile
Population Growth -0.1% 25 percentile
Income Growth +10.2% 82 percentile
Vacancy Rate 1.0% 56 percentile
Home Price Change +1.8% 57 percentile
Rent Growth +9.1% 97 percentile
Price/Rent 12x 68 percentile

Bars show percentile rank among all 996 counties.

[08] Frequently Asked Questions

Is Hancock County, OH a good place to move to?

Hancock County ranks #182 out of 996 U.S. counties on the Boom Town Index with a score of 82/100, placing it in the top tier nationally. Median household income is $67,006 and the underlying growth metrics (housing, migration, income) hold up against peer counties.

Is Hancock County affordable?

By national standards, Hancock County is quite affordable. Homes here have a median value of $179,600, and the income-to-home-value ratio of 0.37 is well above the U.S. average — especially with median rent at just $877/month. Residents can generally buy a home without being cost-burdened.

Is Hancock County growing or shrinking?

Population and employment in Hancock County are both close to flat — population -0.1% YoY and jobs -0.4%. Home values shifted +1.8% over the past 12 months. A steady-state county, neither expanding quickly nor shrinking.

Are people moving to Hancock County?

There's a moderate stream of newcomers. About 4.09% of residents moved from another state, which is above average and suggests Hancock County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[09] Similar Counties by Size & Score

Stark County, OH 82 Ashtabula County, OH 82 Washington County, OH 83 Tuscarawas County, OH 80 Scioto County, OH 85 Huron County, OH 86 Harrison County, TX 82 Dickson County, TN 82