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Monroe County, PA

RANK #345 / 996  ·  POP 168,128  ·  PA

PROJECTED GROWTH: +1.4%

Monroe County combines solid growth with real affordability — a rare combination.

[01] Why Monroe County?

Monroe County, Pennsylvania, known as the "Honeymoon Capital of the World," is situated in the Pocono Mountains, approximately 75 miles west of New York City and 90 miles north of Philadelphia. This eastern Pennsylvania county is characterized by its mountainous terrain, river valleys, and extensive forests, offering a blend of natural beauty and accessibility. Stroudsburg, the county seat, features historic architecture and a downtown area. Commuting options include major interstate highways like I-80 and I-380, and local bus services provided by the Pocono Pony. The region provides year-round outdoor recreation, with opportunities for hiking in the Delaware Water Gap National Recreation Area, skiing, and exploring waterfalls like Bushkill Falls.

Life in Monroe County offers a balance of natural surroundings and community amenities. The county's public schools are generally considered above average, with districts like Stroudsburg Area School District and Pleasant Valley School District serving local families. The economy is influenced by its tourism industry, drawing visitors to resorts and recreational areas. Recent economic developments include investments in commercial and residential sectors, as well as growth in data centers and energy. The county aims to diversify its economy by attracting businesses that complement its existing industries, while maintaining its quality of life and natural character.

[02] Market Snapshot

Housing Ratio
4.9x

Above national median (4.7x)

GDP Growth
+2.8%

Above national median

Home Prices
-0.4%

Prices declining

Climate & Terrain
0.9

Moderate climate & terrain

Price/Rent
10x

Strong rental yield

Housing is fairly valued at 4.9x relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Monroe County U.S. National

The Numbers

DEMOGRAPHICS
Population
168,128
0.0% YoY
Median Household Income
$80,656
Median Home Value
$221,100
-0.38% 12mo
Median Rent
$1,311
Average Annual Pay
$53,536
+2.2% YoY
Employment
56,939
+2.1% YoY
Income-to-Home-Value
0.3648
More affordable than average
Migration Inflow
2.33%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$299,000
Days on Market
74
Slower market
Months of Supply
4.0
Balanced market
Sale-to-List Ratio
97.9%
Negotiation room for buyers
Sold Above List
23.1%
Listings w/ Price Drops
16.2%
Building Permits (2024)
278
Single-Family Permits
226

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

[05] Capital Investment

$1,280M
TOTAL
PROJECT AMOUNT STATUS
Monroe County Data Center (Tobyhanna Township)
Undisclosed Developer
$500M Proposed
Monroe County Data Center (Chestnuthill Township)
Undisclosed Developer
$500M Proposed
Various Residential Developments
Multiple Homebuilders
$100M Under Construction
Swiftwater Solar Project
Apex Clean Energy
$80M Proposed
Regional Energy Access Expansion Project (Effort Loop)
Williams Natural Gas (Transcontinental Gas Pipe Line Company, LLC)
$50M Under Construction
PA 611 Corridor Study Area Improvements
PennDOT / NEPA MPO
$50M Planned

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

[06] Score Breakdown

GDP Growth +2.8% 51 percentile
Population Growth 0.0% 30 percentile
Income Growth +11.0% 90 percentile
Vacancy Rate 0.9% 66 percentile
Home Price Change -0.4% 27 percentile
Rent Growth +3.8% 64 percentile
Price/Rent 10x 90 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

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

Monroe County has a Boom Town Index score of 65/100, ranking #345 among 996 U.S. counties. With job growth at +2.1% and a median household income of $80,656, it's an above-average county on economic indicators.

Is Monroe County affordable?

The median home value in Monroe County is $221,100 with median rent at $1,311/month. The income-to-home-value ratio is 0.3648, which is more affordable than the national average.

Is Monroe County growing or shrinking?

Population growth: 0.0% year-over-year. Job growth: +2.1%. Home values changed -0.4% in the past 12 months.

Are people moving to Monroe County?

Yes — 2.33% of Monroe County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Lycoming County, PA 75 Hancock County, IN 75 Matanuska-Susitna Borough, AK 75 Granville County, NC 75 Bradford County, PA 75 Douglas County, KS 75 Albany County, NY 75 Comanche County, OK 75