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Hancock County has Quality Workers

Every successful business knows that one of the most important elements of that success begins with having quality, hardworking employees.  Employees that know what it means to put in a day’s work for a day’s wage.  Hancock County has a quality, job-ready workforce.
Demographic Profile

  • In 2015, the population in Hancock County, Iowa was 10,835. Between 2005 and 2015, the region's population has declined at an annual average rate of 0.8%.
  • The region has a civilian labor force of 5,726 with a participation rate of 64.7%. Out of all individuals 25 to 64 in Hancock County, Iowa, 19.5% have a bachelor's degree or higher which compares to the nation which is 31.3%.
  • The median household income in Hancock County, Iowa is $52,981 and the median household value is $91,000.
Employment Trends
  • As of 2017Q1, total employment for Hancock County, Iowawas 7,722 (based on four-quarter moving average). Over the year ending 2017Q1, employment declined 1.2% in the region.
Unemployment Rate
  • The seasonally adjusted unemployment rate for Hancock County, Iowa was 2.6% as of April 2017. The regional unemployment rate in Hancock County was 2.8%.
Wage Trends
  • The average worker in Hancock County, Iowa earned annual wages of $45,507 as of 2017Q1. Average annual wages per worker increased 1.6% in the regioin during the past four quarters. For comparison purposes, annual average wages were $53,246 in the nation as of 2017Q1.
Cost of Living Index
  • The cost of living index estimates the relative price levels for consumer goods and services. When applied to wages and salaries, the result is a measure of relative purchasing power. The cost of living is 15.0% lower in Hancock County, Iowa than the nation.
Industry Snapshot
  • The largest sector in Hancock County, Iowa is Manufacturing, employing 3,513 workers. The next largest sectors in the region are Health Care and Social Assistance (668) and Agriculture, Foresty, Fishing and Hunting (556).
Occupational Snapshot
  • The largest major occupation in Hancock County, Iowa is Production Occupations employing 2,317 workers. The next largest occupational group in the region are Transportation and Material Moving Occupations (809 workers) and Office and Administrative Support Occupations (797 workers).
Industry Clusters
  • A cluster is a geographic concentration of interrelated industries or occupations. The industry cluster in Hancock County, Iowa with the highest level of concentration is Auto and Auto-related with a location quotient of 33.42. This clster employs 2,804 workers in the region with the average wage of $39,341.
Education Levels
  • Expected growth rates for occupations vary by the education and training required. While all employment in Hancock County, Iowa is projected to contract 0.5% over the next ten years, occupations typically requiring a postgraduate degree are expected to grow 0.3% per year, those requiring a bachelor's degree are forecast to contract 0.5% per year, and occupations typically needing a 2-year degree or certificate are expected to contract 0.1% per year.
Gross Domestic Product
  • Gross Domestic Product (GDP) is the total goods and services produced by a region. In 2016, nominal GDP in Hancock County, Iowa conttracted 0.5%. this follows the growth of 1.2% in 2015. As of 2016, total GDP in Hancock County, Iowa was $816,471,000. Of the sectors in Hancock County, Iowa, Manufacturing contributed the largest portion of GDP in 2016, $382,434,000. The next largest contributions came from Agriculture, Forestry, Fishing and Hunting ($130,862,000); Transportation and Warehousing (45,289,000); and Real Estate and Rental and Leasing ($36,335,000).


Economic Overview - Hancock County, Iowa »

 

Hancock County has Quality Employment Opportunities

Hancock County employers are usually looking for additional quality workers.  The latest job openings we know about can be found by clicking on this link:

Hancock County Jobs »


You may also contact the Iowa Workforce Development for more job listings in this area:

Iowa Workforce Development
1000 East Grand Avenue
Des Moines, Iowa 50319-0209
Telephone: (515) 281-5387 or 
(800) JOB-IOWA: (800) 562-4692
http://www.iowaworkforce.org/newjobs.htm

 

Hancock County Economic Development Partners

Hancock County Economic Development Corporation is a good place to start your search for opportunities in Hancock County.  However, we work with many other organizations to provide you the information YOU need to make important decisions in locating you or your business to this area. 

Britt, Garner and Forest City each have active chamber and development organizations that partner with HCEDC to better meet your needs. Our smaller communities also have resources through their city governments that can provide you with useful information.  The utility providers in the county include Prairie Energy Cooperative, MidAmerican Energy, Corwith Municipal Utility, Forest City Municipal Utility, Alliant Energy, and Corn Belt Power Cooperative for your electricity needs; Black Hills Energy and Alliant Energy, for natural gas; and COMM1 and WCTA are the local telephone and internet providers.  All of these utilities work together to create the best services needed for your home and business.  We have other resource partners that work with us on specific development projects, including, the North Central Iowa Alliance, North Iowa Area Council of Governments, Iowa Area Development Group, and Iowa Economic Development Authority.

You can learn more about these partners by clicking on their links and visiting their websites.  Specific city resources can be accessed from the CommunitiesTab on this website.

 
 

"We have some great places to live in Hancock County but we are not limited to the workforce residing here. The Laborshed Study shows that we have individuals commuting an average of 8 miles one way, but employees currently working who are willing to consider changing employment are willing to commute an average of 23 miles each way."

 
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