Tuesday, November 28, 2006

Demographic Profile for Hancock County, Ohio

Hancock County, Ohio has a population base that is comprised of 92.9 percent White, 1.4 percent African American, 1.5 percent Asian, and 3.3 percent Hispanic. The area can be described as having a modest amount of racial and ethnic diversity, with 6.2 percent minorities. This is less than the State of Ohio percent of 15.5. Since 2000, Hancock has increased the level of diversity when 5.5 percent of the total population were minorities.

In terms of total land area, Hancock covers a total land area of 531 square miles. The county has a medium-low population density of 138 persons per square mile, in 2005. Similar counties, in terms of density, in the US include: -- more densely populated -- Garland, AR (138 per sq. mile ), Berkeley, SC (138 per sq. mile ), Prince George, VA (138 per sq. mile ), -- less densely populated -- Calumet, WI (138 per sq. mile ), Montour, PA (138 per sq. mile ), Fond du Lac, WI (137 per sq. mile ).

Since 2000, a medium-high amount of people migrated to Hancock from another country. The international migration into Hancock accounts for 0.6 percent of the total migration into the State of Ohio. This percent of international migration is medium-high when compared to international migration per 2005 population.

The population division of the Census Bureau estimates in 2005 a median age in Hancock County, Ohio to be 37.1 years of age. The median in Hancock is less than the median in Ohio of 37.6. Since the year 2000, the area has seen an increase in this median, when at that time it was 36.1 years of age. With 23.7 percent of the population in 2005 being comprised of children and youth younger than 18, Hancock can be understood as being made up of a medium-high percent of individuals under 18. The working age population group (18-64) has a medium-high representation within the population, making up 62.9 percent of the population within the age group. People 65 and older make up 13.4 percent of the total population base. Compared to other counties throughout the nation, this represents a medium-low proportion of the population.

Hancock County, Ohio had a population that was estimated at 73,503 for the year 2005. The total population has increased, since the 2000 total population of 71,315. This growth denotes an increase of 3.1 percent. Hancock ranks 22 of 88 counties by growth in total population in Ohio and the county ranks 788 of 3,141 counties by growth in county population in the United States.

Datasource: Population Estimates Program, U.S. Bureau of the Census.

Friday, November 10, 2006

Housing Report for Hancock County, Ohio

In Hancock County, the U.S. Census Bureau, Population Division accounted for a total of 31,846 homes in 2005. The county has experienced a growth in housing units, adding a total of 1,658 residential units since 2001, or 5.5 percent.

Hancock County recorded a median home value in 2005 of $124,400, reported by the American Community Survey. This median is less than the Ohio 2005 home median value of $129,600 and less than home value of $167,500 for the United States in the same year.

Throughout the State of Ohio, Hancock County is positioned 13 of 88 by percentage growth in residential real estate. The county is positioned 754 of 3,141, compared to change in residential structure growth in counties throughout the Unities States.

It can be understood that there is a large amount affordable residential real estate in Hancock County, Ohio. In 2005, 50.4 percent of owner-occupied dwellings were valued under $125k.

Hancock County has a small, but present proportion of high-valued homes. In 2005, the American Community Survey reported that 0.8 percent owner-occupied dwelling are valued over a half a million dollars.

The owner-occupied dwellings in Hancock County, Ohio have moderate increases since the Census values accounted for in the year 2000. The values have increased by $24,000, or 23.9 percent, from their 2000 value of $100,400.

Data Source: U.S. Census Bureau

 

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