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Monroe County, PA

RANK #219 / 1001 NAT  ·  #13 / 44 PA  ·  POP 167,515

1YR FORECAST: +0.1%

5YR OUTLOOK: +33%

Our model projects above-average housing market growth for Monroe County at +0.1% over the next year.

[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.

MARKET PROFILE

Idiosyncratic Markets

Monroe County's data profile doesn't fit any single market profile cleanly — its housing, labor, and demographic signals pull in different directions (home prices +0.2% YoY, population -0.2%, wages +3.5%). About 414 U.S. counties show this kind of mixed-signal pattern.

See all 414 Idiosyncratic Markets counties →

[02] Market Snapshot

Housing Ratio
14.2x

Overvalued relative to economy

Home Prices
+0.2%

Well below national median

Climate & Terrain
0.9

Moderate climate & terrain

Price/Rent
12x

Strong rental yield

Housing looks overvalued at 14.2x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Federal Government (Tobyhanna Army Depot) Military
    5,000+
  2. 2
    Sanofi Pasteur Inc. Healthcare
    1,000+
  3. 3
    Lehigh Valley Hospital - Pocono Healthcare
  4. 4
    Kalahari Resorts & Conventions Hospitality
  5. 5
    Mount Airy Casino Resort Hospitality
  6. 6
    Pocono Mountain School District Education
  7. 7
    East Stroudsburg Area School District Education
  8. 8
    Wal-Mart Associates Inc. Retail
  9. 9
    Stroudsburg Area School District Education
  10. 10
    Saint Luke's Hospital Healthcare

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

[04] Home Value Growth vs National

Monroe 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
167,515
-0.16% YoY
Median Household Income
$83,565
Median Home Value
$267,600
+0.23% 12mo
Median Rent
$1,393
Average Annual Pay
$55,423
+3.5% YoY
Employment
57,135
+0.3% YoY
Income-to-Home-Value
0.3123
More affordable than average
Migration Inflow
2.14%
of pop. from another state
Bachelor's Degree+
27.4%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$346,238
Days on Market
23
Active market
Months of Supply
3.8
Balanced market
Sale-to-List Ratio
98.4%
Near asking price
Sold Above List
24.6%
Listings w/ Price Drops
26.3%
Building Permits (2025)
257
Single-Family Permits
236

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

[05] Crime & Safety

B
SAFETY
GRADE
Homicide Rate
4.0
per 100K · nat avg 6.3
Firearm Fatalities
13.4
per 100K · nat avg 14.8
Injury Deaths
93.8
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)
36.0
Good
Good Air Days
92%
668 of 729 days
Unhealthy+ Days (3yr)
3
Sensitive groups affected
Primary Pollutant
Ozone
Ground-level ozone
Yearly Trend
2021
35
2022
39
2023
34
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

$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.

[08] Score Breakdown

Population Growth -0.2% 16 percentile
Income Growth +1.4% 21 percentile
Vacancy Rate 0.6% 88 percentile
Home Price Change +0.2% 29 percentile
Rent Growth +6.1% 87 percentile
Price/Rent 12x 89 percentile

Bars show percentile rank among all 1001 counties.

[09] Frequently Asked Questions

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

With a Boom Town Index score of 78/100, Monroe County sits in the upper half of all 1001 ranked counties. and median household income stands at $83,565 — indicators that suggest solid fundamentals even if it's not among the fastest-growing counties in PA.

Is Monroe County affordable?

Housing in Monroe County is roughly in line with national affordability norms. The median home costs $267,600 and the income-to-home-value ratio sits at 0.31, with rents averaging $1,393/month. Not a bargain, but not a stretch for most local earners either.

Is Monroe County growing or shrinking?

Population and employment in Monroe County are both close to flat — population -0.2% YoY and jobs +0.3%. Home values shifted +0.2% over the past 12 months. A steady-state county, neither expanding quickly nor shrinking.

Are people moving to Monroe County?

There's a moderate stream of newcomers. About 2.14% of residents moved from another state, which is above average and suggests Monroe County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Wayne County, PA 80 Lackawanna County, PA 76 Luzerne County, PA 76 Somerset County, PA 76 Carbon County, PA 81 Pike County, PA 75 Macon County, IL 78 Columbiana County, OH 78