73 / 100

Lackawanna County, PA

Scranton

RANK #271 / 996 NAT  ·  #9 / 44 PA  ·  POP 215,672

1YR FORECAST: +5.4%

5YR OUTLOOK: +30%

Our model projects above-average housing market growth for Lackawanna County at +5.4% over the next year.

[01] Why Lackawanna County?

Lackawanna County, Pennsylvania, is often recognized for Scranton, its largest city and county seat, known as "The Electric City" for its early adoption of electric streetcars. Located in northeastern Pennsylvania, the county is approximately 117 miles northwest of New York City and 132 miles north of Philadelphia, making it accessible via I-81, I-84, and the Pennsylvania Turnpike. The community offers a blend of urban and suburban living, with notable towns like Clarks Summit and Moosic. The landscape features rolling hills, lush forests, and the Lackawanna River, providing opportunities for hiking, fishing, and skiing. Parks like McDade Park and Lackawanna State Park offer extensive outdoor recreation, including trails, lakes, and playgrounds.

Life in Lackawanna County offers a lower cost of living compared to larger metropolitan areas, with affordable housing and shorter commute times. The area attracts a mix of families and remote workers, drawn by the quality of life and access to educational institutions, including several colleges and universities. The economy is experiencing shifts, with significant investment in sectors such as logistics, advanced manufacturing, and healthcare. Efforts are underway to strengthen downtown areas and support existing businesses, alongside attracting new ventures. The county also focuses on community revitalization through programs aimed at improving neighborhoods and services.

[02] Market Snapshot

Housing Ratio
3.6x

Undervalued relative to economy

GDP Growth
+1.2%

Well below national median

Home Prices
+6.0%

Outpacing national median

Climate & Terrain
0.2

Moderate climate & terrain

Price/Rent
11x

Strong rental yield

Housing looks undervalued at 3.6x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    State Government Government
  2. 2
    Community Medical Center Healthcare
  3. 3
    Allied Services Foundation Healthcare
  4. 4
    Amazon.com Services LLC Logistics
  5. 5
    Chewy Inc. Retail
  6. 6
    Scranton School District Education
  7. 7
    University of Scranton Education
  8. 8
    Lackawanna County Government
  9. 9
    Scranton Hospital Company LLC Healthcare
  10. 10
    Wal-Mart Associates Inc. Retail

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

[04] Home Value Growth vs National

Lackawanna County U.S. National

The Numbers

DEMOGRAPHICS
Population
215,672
+0.07% YoY
Median Household Income
$63,739
Median Home Value
$175,700
+6.02% 12mo
Median Rent
$917
Average Annual Pay
$53,720
+3.7% YoY
Employment
98,108
+1.3% YoY
Income-to-Home-Value
0.3628
More affordable than average
Migration Inflow
2.59%
of pop. from another state
Bachelor's Degree+
29.9%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$253,000
Days on Market
41
Moderate pace
Months of Supply
2.5
Seller's market
Sale-to-List Ratio
96.6%
Negotiation room for buyers
Sold Above List
23.0%
Listings w/ Price Drops
27.2%
Building Permits (2024)
250
Single-Family Permits
204

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

[05] Crime & Safety

B+
SAFETY
GRADE
Homicide Rate
2.3
per 100K · nat avg 6.3
Firearm Fatalities
10.0
per 100K · nat avg 14.8
Injury Deaths
100.7
per 100K · nat avg 76.3
vs National Average
Well 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] Air Quality

B
AIR QUALITY
GRADE
Median AQI (3yr)
42.3
Good
Good Air Days
69%
741 of 1,081 days
Unhealthy+ Days (3yr)
9
Includes 1 Very Unhealthy
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
40
2022
43
2023
44
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Capital Investment

$16,559M
TOTAL
PROJECT AMOUNT STATUS
Gouldsboro Data Center Campus
1778 Rich Pike LLC (potentially NE Edge)
$14,250M Proposed
Wildcat Ridge Data Center Campus
Cornell Realty Management
$1,600M Proposed
Project Gravity Data Center
Western Hospitality Partners / Archbald 25 Developer LLC
$500M Proposed
Century Logistics Center (Two Warehouses)
Century Development Associates
$130M Planned
Hilltop Heights Affordable Housing Community
Scranton Housing Authority
$50M Under Construction
Lackawanna County Capital Improvement Project (Roads, Bridges, Infrastructure)
Lackawanna County
$29M Planned

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

[08] Score Breakdown

GDP Growth +1.2% 20 percentile
Population Growth +0.1% 33 percentile
Income Growth +9.2% 67 percentile
Vacancy Rate 1.0% 55 percentile
Home Price Change +6.0% 94 percentile
Rent Growth +5.3% 82 percentile
Price/Rent 11x 78 percentile

Bars show percentile rank among all 996 counties.

[09] Frequently Asked Questions

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

With a Boom Town Index score of 73/100, Lackawanna County sits in the upper half of all 996 ranked counties. Employment is expanding at +1.3%, and median household income stands at $63,739 — indicators that suggest solid fundamentals even if it's not among the fastest-growing counties in PA.

Is Lackawanna County affordable?

By national standards, Lackawanna County is quite affordable. Homes here have a median value of $175,700, and the income-to-home-value ratio of 0.36 is well above the U.S. average — especially with median rent at just $917/month. Residents can generally buy a home without being cost-burdened.

Is Lackawanna County growing or shrinking?

Employers in Lackawanna County are hiring — job growth of +1.3% — but the population is close to flat (+0.1% YoY). Home values moved +6.0% over the past year. Labor demand is outpacing local population growth, which tends to tighten wages and housing.

Are people moving to Lackawanna County?

There's a moderate stream of newcomers. About 2.59% of residents moved from another state, which is above average and suggests Lackawanna County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

How is the housing market in Lackawanna County?

Home values climbed +6.0% year-over-year, which is a solid pace of appreciation. The median home in Lackawanna County is now valued at $175,700. That kind of growth typically reflects sustained demand rather than speculative frenzy.

[10] Similar Counties by Size & Score

Lebanon County, PA 72 Lancaster County, PA 72 Schuylkill County, PA 75 Bradford County, PA 71 Somerset County, PA 71 Wayne County, PA 69 Lafayette Parish, LA 73 Penobscot County, ME 73