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Hancock County, OH

RANK #230 / 1001 NAT  ·  #22 / 49 OH  ·  POP 74,866

1YR FORECAST: +1.9%

5YR OUTLOOK: +33%

#47 Most Undervalued
Our model projects above-average housing market growth for Hancock County at +1.9% over the next year.

[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.

MARKET PROFILE

Heartland Steady Growth

Hancock County is one of 145 U.S. counties in this market profile — weaker than typical on the BoomTown Index. Within this cohort, its recent home-price change of +2.4% runs below the profile's typical +4.9%.

See all 145 Heartland Steady Growth counties →

[02] Market Snapshot

Housing Ratio
5.4x

Below national median (11.3x)

Home Prices
+2.4%

Above national median

Climate & Terrain
-2.6

Below-average climate & terrain

Price/Rent
13x

Below national median (15x)

Housing is fairly valued at 5.4x 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

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
74,866
-0.03% YoY
Median Household Income
$73,141
Median Home Value
$204,700
+2.37% 12mo
Median Rent
$979
Average Annual Pay
$64,823
-1.0% YoY
Employment
43,825
-0.7% YoY
Income-to-Home-Value
0.3573
More affordable than average
Migration Inflow
4.12%
of pop. from another state
Bachelor's Degree+
30.3%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$254,500
Days on Market
44
Moderate pace
Months of Supply
2.5
Seller's market
Sale-to-List Ratio
97.0%
Negotiation room for buyers
Sold Above List
27.8%
Listings w/ Price Drops
51.1%
Building Permits (2025)
361
Single-Family Permits
76

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

Population Growth -0.0% 22 percentile
Income Growth +4.9% 89 percentile
Vacancy Rate 1.5% 20 percentile
Home Price Change +2.4% 60 percentile
Rent Growth +5.3% 80 percentile
Price/Rent 13x 74 percentile

Bars show percentile rank among all 1001 counties.

[08] Frequently Asked Questions

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

With a Boom Town Index score of 77/100, Hancock County sits in the upper half of all 1001 ranked counties. and median household income stands at $73,141 — indicators that suggest solid fundamentals even if it's not among the fastest-growing counties in OH.

Is Hancock County affordable?

By national standards, Hancock County is quite affordable. Homes here have a median value of $204,700, and the income-to-home-value ratio of 0.36 is well above the U.S. average — especially with median rent at just $979/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 -0.0% YoY and jobs -0.7%. Home values shifted +2.4% 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 4.12% 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

Columbiana County, OH 78 Geauga County, OH 78 Medina County, OH 80 Lake County, OH 74 Huron County, OH 81 Miami County, OH 82 Lauderdale County, MS 77 Tehama County, CA 77