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Market AnalysisUpdated March 2026

Luzerne County, PA — Market Snapshot

Real estate market data for Luzerne County, Pennsylvania. Census demographics, rental trends, and economic indicators for investors and developers.

Population

325,978

ACS 2023

Median Household Income

$65,984

ACS 2023

Renter-Occupied

32%

ACS 2023

Median Rent

$959/mo

ACS 2023

Source: U.S. Census Bureau, American Community Survey 2023

Population & Income Profile

Age Distribution

Under 19
22.8%
Ages 20–29
12.2%
Ages 30–39
12.5%
Ages 40–49
11.9%
Ages 50–59
13.8%
Ages 60–69
13.0%
Over 70
13.9%

Household Income Distribution

Under $30K
24.0%
$30K–$50K
17.0%
$50K–$75K
00.0%
$75K–$100K
00.0%
$100K–$150K
00.0%
Above $150K
00.0%

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Source: U.S. Census Bureau, American Community Survey 2023

Housing Affordability

Affordability Label

Very Affordable (<3x)

ACS 2023

Price-to-Income Ratio

3.6x

Redfin SFR ÷ FRED Per Capita Income
Very Affordable (<3x)Moderate (3–5x)Expensive (5–7x)Very Expensive (>7x)
3.6x

At 3.6x price-to-income, Luzerne County sits in the moderate affordability range.

Affordability label: U.S. Census Bureau ACS 2023. Price-to-income: Redfin median sale price (SFR, Dec 2025) ÷ FRED per capita personal income (Q4 2025).

Housing Market Overview

Median Home Value
$200,000
Median Gross Rent
$959/mo
Homeownership Rate
68%
Typical Monthly Housing Cost(owner-occupied w/ mortgage)
$997/mo
Median Annual Property Tax(ACS estimate)
$2,603
Vacancy Rate
Dashboard

Source: U.S. Census Bureau, ACS 2023. Monthly Housing Cost: ACS B25105. Property Tax: ACS B25103.

Home Price Index

Luzerne County HPI

233.6

FRED Q4 2025

Since 2020

+61.4%

vs. 2020 baseline

Luzerne County home values have appreciated 61.4% since 2020, outpacing the Pennsylvania statewide average of 57.3%.

Source: Federal Reserve Economic Data (FRED) — FHFA House Price Index. Updated Q4 2025.

Investment Analysis

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Market Tier

Bawa Score: 78 / 100

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Economic Indicators

Unemployment Rate
4.5%
Per Capita Personal Income
$55,115
Labor Force
154,683
GDP
$16B
Building Permits
325

▼ −15.6% since 2020

State Overview

State Tax Revenue (quarterly)millions USD, not seasonally adjusted
$13.1B
State Home Price Index
713.6
State GDP
$1.0T

Source: Federal Reserve Economic Data (FRED). Updated Q4 2025.

Nearby Markets

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