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Lebanon County, PA

RANK #376 / 1001 NAT  ·  #20 / 44 PA  ·  POP 144,186

1YR FORECAST: +2.6%

5YR OUTLOOK: +30%

Lebanon County's housing market is projected to grow +2.6% over the next year, tracking near the national average.

[01] Why Lebanon County?

Lebanon County, Pennsylvania, is often recognized for its strong agricultural roots and its distinctive Lebanon bologna, a local delicacy. Located in south-central Pennsylvania, about 25 miles east of Harrisburg, the county offers a blend of rural landscapes and small towns like Annville and Palmyra. Commuting is primarily by car, with an average travel time of 22.1 minutes, though public transit options like Lebanon Transit and regional ride-sharing programs are available. The community maintains a small-town feel, with numerous parks and natural areas, including parts of the Appalachian Trail and Swatara State Park, providing opportunities for hiking, biking, and fishing.

Life in Lebanon County is characterized by a strong sense of community, appealing to families and retirees. The public schools in the county are generally above average, with districts like Palmyra Area and Cornwall-Lebanon ranking highly. The economy, historically agricultural, has diversified to include manufacturing, retail trade, and healthcare, with WellSpan Good Samaritan Hospital being a significant employer. Fort Indiantown Gap, a major National Guard training center, also contributes to the local economy. Recent efforts by the Lebanon Valley Economic Development Corporation aim to address housing needs, particularly for attainable homes in the $250,000-$300,000 range.

MARKET PROFILE

Heartland Steady Growth

Lebanon 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 +5.3% matches the profile's typical +4.9%.

See all 145 Heartland Steady Growth counties →

[02] Market Snapshot

Housing Ratio
11.3x

Overvalued relative to economy

Home Prices
+5.3%

Outpacing national median

Climate & Terrain
-0.7

Below-average climate & terrain

Price/Rent
15x

Below national median (15x)

Housing looks overvalued at 11.3x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Federal Government (Fort Indiantown Gap, VA Medical Center) Government
    5,000+
  2. 2
    WellSpan Health (Good Samaritan Hospital, WellSpan Philhaven) Healthcare
    2,500+
  3. 3
    Farmers Pride Inc./Bell & Evans Manufacturing
    1,000+
  4. 4
    Walmart Associates Inc. Retail
  5. 5
    Lebanon County Government Government
  6. 6
    Lebanon School District Education
    500+
  7. 7
    Cornwall-Lebanon School District Education
  8. 8
    State Government Government
  9. 9
    Lebanon Valley College Education
  10. 10
    Bayer Healthcare LLC Manufacturing

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

[04] Home Value Growth vs National

Lebanon 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
144,186
+0.41% YoY
Median Household Income
$78,425
Median Home Value
$242,000
+5.34% 12mo
Median Rent
$1,110
Average Annual Pay
$57,706
+4.1% YoY
Employment
53,568
+0.1% YoY
Income-to-Home-Value
0.3241
More affordable than average
Migration Inflow
2.46%
of pop. from another state
Bachelor's Degree+
24.3%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$310,000
Days on Market
8
Very hot — homes selling fast
Months of Supply
1.8
Seller's market
Sale-to-List Ratio
102.0%
Homes selling above asking
Sold Above List
33.6%
Listings w/ Price Drops
28.9%
Building Permits (2025)
542
Single-Family Permits
289

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

[05] Crime & Safety

B+
SAFETY
GRADE
Homicide Rate
2.4
per 100K · nat avg 6.3
Firearm Fatalities
12.5
per 100K · nat avg 14.8
Injury Deaths
77.6
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)
47.3
Good
Good Air Days
57%
625 of 1,094 days
Unhealthy+ Days (3yr)
14
Includes 2 Very Unhealthy
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
49
2022
46
2023
47
Median AQI · lower is better

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

[07] Score Breakdown

Population Growth +0.4% 40 percentile
Income Growth +2.7% 49 percentile
Vacancy Rate 0.8% 68 percentile
Home Price Change +5.3% 88 percentile
Rent Growth +3.5% 60 percentile
Price/Rent 15x 58 percentile

Bars show percentile rank among all 1001 counties.

[08] Frequently Asked Questions

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

With a Boom Town Index score of 62/100, Lebanon County sits in the upper half of all 1001 ranked counties. and median household income stands at $78,425 — indicators that suggest solid fundamentals even if it's not among the fastest-growing counties in PA.

Is Lebanon County affordable?

Housing in Lebanon County is roughly in line with national affordability norms. The median home costs $242,000 and the income-to-home-value ratio sits at 0.32, with rents averaging $1,110/month. Not a bargain, but not a stretch for most local earners either.

Is Lebanon County growing or shrinking?

Population and employment in Lebanon County are both close to flat — population +0.4% YoY and jobs +0.1%. Home values shifted +5.3% over the past 12 months. A steady-state county, neither expanding quickly nor shrinking.

Are people moving to Lebanon County?

There's a moderate stream of newcomers. About 2.46% of residents moved from another state, which is above average and suggests Lebanon County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

How is the housing market in Lebanon County?

Home values climbed +5.3% year-over-year, which is a solid pace of appreciation. The median home in Lebanon County is now valued at $242,000. That kind of growth typically reflects sustained demand rather than speculative frenzy.

[09] Similar Counties by Size & Score

Indiana County, PA 61 Columbia County, PA 64 Erie County, PA 66 Venango County, PA 58 Bradford County, PA 57 Adams County, PA 52 Livingston Parish, LA 62 Howard County, IN 62