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Mercer County, PA

RANK #515 / 1001 NAT  ·  #27 / 44 PA  ·  POP 109,257

1YR FORECAST: +0.3%

5YR OUTLOOK: +28%

Mercer County's housing market is projected to grow +0.3% over the next year, below the national average.

[01] Why Mercer County?

Mercer County, Pennsylvania, offers a blend of small-town charm and natural beauty, often highlighted by locals through its outdoor recreation opportunities. Maurice K. Goddard State Park, featuring the 1,860-acre Lake Wilhelm, provides fishing, hiking, and biking. Pymatuning State Park is another large park with extensive recreational activities. Located in northwestern Pennsylvania along the Ohio border, Mercer County is about an hour north of Pittsburgh, with Interstates 79 and 80 providing access. Towns like Grove City, Hermitage, and Sharon contribute to the community's feel, with Grove City known for its college and outlet mall.

Life in Mercer County is characterized by a lower cost of living and a community-focused atmosphere. Public schools in the county are generally above average. Commute times are manageable, and transportation options include local bus services. The economy is seeing growth, particularly in manufacturing, with local companies contributing to advanced projects. There is also ongoing development in industrial and logistics sectors, with new facilities planned. The county actively works to attract new residents, including remote workers, through relocation incentive programs in some towns.

MARKET PROFILE

Idiosyncratic Markets

Mercer County's data profile doesn't fit any single market profile cleanly — its housing, labor, and demographic signals pull in different directions (home prices +0.6% YoY, population -0.5%, wages +1.6%). About 414 U.S. counties show this kind of mixed-signal pattern.

See all 414 Idiosyncratic Markets counties →

[02] Market Snapshot

Housing Ratio
7.6x

Overvalued relative to economy

Home Prices
+0.6%

Well below national median

Climate & Terrain
-2.8

Below-average climate & terrain

Price/Rent
16x

Above national median (15x)

Housing looks overvalued at 7.6x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Wabtec US Rail Inc. Manufacturing
  2. 2
    State Government Government
  3. 3
    Wal-Mart Associates Inc. Retail
  4. 4
    Joy Cone Company Manufacturing
  5. 5
    UPMC Horizon Healthcare
  6. 6
    First National Bank of Pennsylvania Finance
  7. 7
    Steward Sharon Regional Health System Healthcare
  8. 8
    NLMK Pennsylvania Corp. Manufacturing
  9. 9
    Grove City College Education
  10. 10
    Estes Express Lines Logistics

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

[04] Home Value Growth vs National

Mercer 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
109,257
-0.54% YoY
Median Household Income
$59,976
Median Home Value
$164,000
+0.58% 12mo
Median Rent
$843
Average Annual Pay
$54,999
+1.6% YoY
Employment
42,652
-1.4% YoY
Income-to-Home-Value
0.3657
More affordable than average
Migration Inflow
2.47%
of pop. from another state
Bachelor's Degree+
25.6%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$132,000
Days on Market
66
Slower market
Months of Supply
3.9
Balanced market
Sale-to-List Ratio
92.7%
Negotiation room for buyers
Sold Above List
15.1%
Listings w/ Price Drops
21.9%
Building Permits (2025)
90
Single-Family Permits
78

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

[05] Crime & Safety

B
SAFETY
GRADE
Homicide Rate
3.2
per 100K · nat avg 6.3
Firearm Fatalities
12.2
per 100K · nat avg 14.8
Injury Deaths
111.5
per 100K · nat avg 76.3
vs National Average
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)
41.3
Good
Good Air Days
73%
802 of 1,092 days
Unhealthy+ Days (3yr)
9
Sensitive groups affected
Primary Pollutant
Ozone
Ground-level ozone
Yearly Trend
2021
40
2022
40
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

$332M
TOTAL
PROJECT AMOUNT STATUS
Project Cake (Warehousing and Distribution Center)
SunCap Property Group
$100M Proposed
Hickory Fields Development (Former Shenango Valley Mall)
Flicore LLC
$50M Under Construction
Joy Baking Group Cookie Plant Expansion
Joy Baking Group
$50M Under Construction
Wheatland Tube Automated Warehouse and Racking System
Zekelman Industries (Wheatland Tube)
$50M Completed
Community Solar Portfolio (10 projects)
Aspen Power
$42M Completed
Solar Facility on Reclaimed Mine Land
Integrated Consulting
$40M Under Construction

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

[08] Score Breakdown

Population Growth -0.5% 6 percentile
Income Growth -1.1% 3 percentile
Vacancy Rate 0.9% 54 percentile
Home Price Change +0.6% 33 percentile
Rent Growth +3.2% 55 percentile
Price/Rent 16x 47 percentile

Bars show percentile rank among all 1001 counties.

[09] Frequently Asked Questions

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

Mercer County scores 48/100 on the Boom Town Index, landing in the middle of the pack among 1001 U.S. counties (#515). Median household income is $59,976 and job growth is running at -1.4%. The data points to a county with mixed signals — some positive indicators alongside areas that lag faster-growing peers.

Is Mercer County affordable?

By national standards, Mercer County is quite affordable. Homes here have a median value of $164,000, and the income-to-home-value ratio of 0.37 is well above the U.S. average — especially with median rent at just $843/month. Residents can generally buy a home without being cost-burdened.

Is Mercer County growing or shrinking?

Both population (-0.5% YoY) and employment (-1.4%) are contracting in Mercer County, though housing tells its own story with values moving +0.6% over the past 12 months. This is a county where the trend lines are pointing in the wrong direction.

Are people moving to Mercer County?

There's a moderate stream of newcomers. About 2.47% of residents moved from another state, which is above average and suggests Mercer County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

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