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Armstrong County, PA

RANK #582 / 996  ·  POP 65,538  ·  PA

PROJECTED GROWTH: +0.4%

Armstrong County shows below-average economic momentum. Growth signals are flat or softening.

[01] Why Armstrong County?

Parker, known as the "Smallest City in America," offers a unique glimpse into Armstrong County's past as an oil boomtown. Located in west-central Pennsylvania, approximately 30 minutes north of Pittsburgh, Armstrong County is characterized by its hilly terrain and the Allegheny River, which flows through the county. The community offers a rural atmosphere with access to outdoor recreation, including over 200 miles of trails, the Allegheny River, and numerous parks for hiking, biking, and fishing. The Armstrong Trail, a 36-mile pathway, connects to other regional trail systems, providing additional opportunities for outdoor activities. Life in Armstrong County often involves a mix of residents, including families and retirees, with many owning their homes. The Armstrong School District serves many of the county's boroughs and townships, with additional school districts like Apollo-Ridge and Leechburg Area School District also present. The local economy, historically rooted in manufacturing and mining, is experiencing revitalization with new investments. There is a focus on emerging sectors such as data centers and energy, including natural gas production. Efforts are also underway to redevelop former industrial sites and improve community livability through various planning and development programs.

[02] Market Snapshot

Housing Ratio
4.0x

Below national median (4.7x)

GDP Growth
+12.0%

Well above national median

Home Prices
-4.5%

Prices declining

Climate & Terrain
0.4

Moderate climate & terrain

Price/Rent
15x

Above national median (13x)

Housing is fairly valued at 4.0x relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Armstrong County U.S. National

The Numbers

DEMOGRAPHICS
Population
65,538
-0.65% YoY
Median Household Income
$61,011
Median Home Value
$135,800
-4.55% 12mo
Median Rent
$777
Average Annual Pay
$51,796
+4.2% YoY
Employment
15,650
-0.3% YoY
Income-to-Home-Value
0.4493
More affordable than average
Migration Inflow
2.04%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$113,500
Days on Market
75
Slower market
Months of Supply
4.9
Balanced market
Sale-to-List Ratio
92.2%
Negotiation room for buyers
Sold Above List
19.2%
Listings w/ Price Drops
18.1%
Building Permits (2024)
57
Single-Family Permits
37

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

[05] Capital Investment

$1,700M
TOTAL
PROJECT AMOUNT STATUS
Sunny Fields Solar and Storage Project
Vesper Energy
$1,000M Proposed
Goodnight Data Center Campus
Google, Crusoe Energy
$500M Under Construction
Armstrong Power LLC Natural Gas Plant Expansion
NRG Energy
$100M Planned
Kittanning - Rural Valley 25 kV Solar Project
Undisclosed
$50M Planned
RIDC Armstrong Innovation Park Tech Flex Building
Regional Industrial Development Corporation (RIDC), Armstrong County Industrial Development Council (ACIDC)
$50M Completed

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

[06] Score Breakdown

GDP Growth +12.0% 99 percentile
Population Growth -0.7% 8 percentile
Income Growth +7.3% 23 percentile
Vacancy Rate 1.3% 36 percentile
Home Price Change -4.5% 4 percentile
Price/Rent 15x 38 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Armstrong County, PA a good place to move to?

Armstrong County has a Boom Town Index score of 42/100, ranking #582 among 996 U.S. counties. With job growth at -0.3% and a median household income of $61,011, it faces some economic headwinds compared to faster-growing counties.

Is Armstrong County affordable?

The median home value in Armstrong County is $135,800 with median rent at $777/month. The income-to-home-value ratio is 0.4493, which is more affordable than the national average.

Is Armstrong County growing or shrinking?

Population growth: -0.7% year-over-year. Job growth: -0.3%. Home values changed -4.5% in the past 12 months.

Are people moving to Armstrong County?

Yes — 2.04% of Armstrong County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Wayne County, MI 52 Somerset County, NJ 52 Pittsylvania County, VA 52 Whatcom County, WA 52 Jackson County, AL 52 Navajo County, AZ 52 Pitt County, NC 52 Lowndes County, MS 52