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Somerset County, PA

RANK #432 / 996  ·  POP 73,802  ·  PA

PROJECTED GROWTH: +0.9%

Somerset County's economy is holding up, but population decline raises questions about long-term trajectory.

[01] Why Somerset County?

The Flight 93 National Memorial in Shanksville stands as a prominent landmark in Somerset County, Pennsylvania, drawing visitors to reflect on a significant moment in American history. Located in the Laurel Highlands, the county is about an hour east of Pittsburgh, offering a rural setting with access to major metropolitan areas like Baltimore and Washington, D.C. within a few hours' drive. The community maintains a conservative, small-town feel, characterized by scenic landscapes and abundant outdoor recreation opportunities, including skiing at resorts like Seven Springs and Hidden Valley, hiking on trails such as the Great Allegheny Passage, and various water sports on local lakes. Life in Somerset County is marked by a lower cost of living and a strong sense of community. Public transportation options, including bus services, are available within the county and for trips to nearby Johnstown. The economy is supported by manufacturing, healthcare, and state correctional institutions. The county also sees activity in energy sectors, including coal mining and wind farms, with recent investments in sustainable practices. Local public schools are generally rated above average.

[02] Market Snapshot

Housing Ratio
4.0x

Undervalued relative to economy

GDP Growth
-0.2%

Contracting economy

Home Prices
+3.0%

Outpacing national median

Climate & Terrain
0.0

Moderate climate & terrain

Price/Rent
15x

Above national median (13x)

Housing looks undervalued at 4.0x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Somerset County U.S. National

The Numbers

DEMOGRAPHICS
Population
73,802
-0.71% YoY
Median Household Income
$57,357
Median Home Value
$124,500
+3.01% 12mo
Median Rent
$704
Average Annual Pay
$50,925
+3.9% YoY
Employment
23,303
-0.6% YoY
Income-to-Home-Value
0.4607
More affordable than average
Migration Inflow
2.68%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$170,500
Days on Market
51
Moderate pace
Months of Supply
5.1
Buyer's market
Sale-to-List Ratio
96.6%
Negotiation room for buyers
Sold Above List
29.6%
Listings w/ Price Drops
12.9%
Building Permits (2024)
72
Single-Family Permits
72

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

[05] Capital Investment

$10,800M
TOTAL
PROJECT AMOUNT STATUS
Homer City Energy Campus (Data Center & Natural Gas Power Plant)
Homer City Redevelopment LLC & Kiewit Power Constructors Company
$10,000M Under Construction
Somerset County Data Center Campus (Planned)
Iron City Data
$500M Planned
Twin Ridges Wind Farm Expansion/Operations
Exus Pennsylvania Wind Holdings (formerly EverPower)
$250M Operating
Fern Mountain Residential Development
Steele Construction, Inc.
$50M Under Construction

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

[06] Score Breakdown

GDP Growth -0.2% 7 percentile
Population Growth -0.7% 6 percentile
Income Growth +5.6% 6 percentile
Vacancy Rate 0.8% 73 percentile
Home Price Change +3.0% 72 percentile
Price/Rent 15x 38 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

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

Somerset County has a Boom Town Index score of 57/100, ranking #432 among 996 U.S. counties. With job growth at -0.6% and a median household income of $57,357, it's an above-average county on economic indicators.

Is Somerset County affordable?

The median home value in Somerset County is $124,500 with median rent at $704/month. The income-to-home-value ratio is 0.4607, which is more affordable than the national average.

Is Somerset County growing or shrinking?

Population growth: -0.7% year-over-year. Job growth: -0.6%. Home values changed +3.0% in the past 12 months.

Are people moving to Somerset County?

Yes — 2.68% of Somerset County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

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