69 / 100

Wayne County, PA

Lake

RANK #305 / 996 NAT  ·  #14 / 44 PA  ·  POP 51,227

1YR FORECAST: +3.2%

5YR OUTLOOK: +29%

Our model projects above-average housing market growth for Wayne County at +3.2% over the next year.

[01] Why Wayne County?

Honesdale, the county seat of Wayne County, Pennsylvania, holds the distinction as the "Birthplace of the American Railroad," where the Stourbridge Lion, the first steam locomotive in the United States, made its maiden voyage in 1829. Located in the Pocono Mountains, Wayne County is in the northeastern corner of Pennsylvania, sharing a border with New York State. The county is approximately an hour's drive from Scranton and offers a rural community feel with small towns and extensive natural beauty. Outdoor recreation is a significant draw, with Lake Wallenpaupack providing opportunities for boating, fishing, and swimming, and the Delaware River offering kayaking and hiking.

Life in Wayne County often involves a blend of small-town living and access to outdoor activities, attracting families and retirees. The public school system is above average, with high schools like Honesdale High School ranking among the top. While public transportation options are limited, efforts are underway to expand shuttle services connecting towns within the county and to nearby cities like Scranton. The economy, historically rooted in farming, lumbering, and tourism, is seeing new investment in business and technology sectors, with initiatives focused on fostering entrepreneurship and job creation.

[02] Market Snapshot

Housing Ratio
5.3x

Above national median (4.7x)

GDP Growth
+2.1%

Below national median

Home Prices
+4.1%

Outpacing national median

Climate & Terrain
0.4

Moderate climate & terrain

Price/Rent
19x

Above national median (13x)

Housing is fairly valued at 5.3x relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    State Government Government
  2. 2
    Wayne County Memorial Hospital Association Healthcare
  3. 3
    Federal Government Government
  4. 4
    Wayne County Commissioners Government
  5. 5
    Wayne Highlands School District Education
  6. 6
    Walmart Associates Inc. Retail
  7. 7
    Western Wayne School District Education
  8. 8
    Wayne Memorial Community Health Healthcare
  9. 9
    Weis Markets Inc. Retail
  10. 10
    Human Resources Center Inc. Other

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

[04] Home Value Growth vs National

Wayne County U.S. National

The Numbers

DEMOGRAPHICS
Population
51,227
-0.03% YoY
Median Household Income
$59,240
Median Home Value
$211,000
+4.07% 12mo
Median Rent
$933
Average Annual Pay
$52,861
+4.2% YoY
Employment
15,462
+1.5% YoY
Income-to-Home-Value
0.2808
More affordable than average
Migration Inflow
3.08%
of pop. from another state
Bachelor's Degree+
20.8%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$285,060
Days on Market
62
Slower market
Months of Supply
3.2
Balanced market
Sale-to-List Ratio
97.6%
Negotiation room for buyers
Sold Above List
23.1%
Listings w/ Price Drops
9.0%
Building Permits (2024)
175
Single-Family Permits
175

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

[05] Crime & Safety

B-
SAFETY
GRADE
Homicide Rate
4.2
per 100K · nat avg 6.3
Firearm Fatalities
23.0
per 100K · nat avg 14.8
Injury Deaths
109.6
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] Capital Investment

$25,164M
TOTAL
PROJECT AMOUNT STATUS
Natural Gas Power Generation & Data Center Infrastructure (Northeast PA)
PPL and Blackstone Infrastructure
$25,000M Proposed
Waymart Wind Farm (Ongoing Operations/Potential Upgrades)
Huntsman Wind LLC (previously NextEra Energy Resources)
$64M Operating
Sterling Business & Technology Park Industrial/Logistics Building
Lehigh Valley Underground LLC
$50M Planned
Palmyra Township Solar Farm
ECA Solar
$50M Planned

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

[07] Score Breakdown

GDP Growth +2.1% 37 percentile
Population Growth -0.0% 28 percentile
Income Growth +4.4% 2 percentile
Vacancy Rate 0.3% 99 percentile
Home Price Change +4.1% 84 percentile
Price/Rent 19x 12 percentile

Bars show percentile rank among all 996 counties.

[08] Frequently Asked Questions

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

With a Boom Town Index score of 69/100, Wayne County sits in the upper half of all 996 ranked counties. Employment is expanding at +1.5%, and median household income stands at $59,240 — indicators that suggest solid fundamentals even if it's not among the fastest-growing counties in PA.

Is Wayne County affordable?

Housing in Wayne County is roughly in line with national affordability norms. The median home costs $211,000 and the income-to-home-value ratio sits at 0.28, with rents averaging $933/month. Not a bargain, but not a stretch for most local earners either.

Is Wayne County growing or shrinking?

Employers in Wayne County are hiring — job growth of +1.5% — but the population is close to flat (-0.0% YoY). Home values moved +4.1% over the past year. Labor demand is outpacing local population growth, which tends to tighten wages and housing.

Are people moving to Wayne County?

There's a moderate stream of newcomers. About 3.08% of residents moved from another state, which is above average and suggests Wayne County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[09] Similar Counties by Size & Score

Bradford County, PA 71 Somerset County, PA 71 Lebanon County, PA 72 Lancaster County, PA 72 Lackawanna County, PA 73 York County, PA 65 Madison County, ID 69 Rutland County, VT 69