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Clearfield County, PA

RANK #825 / 996  ·  POP 79,707  ·  PA

PROJECTED GROWTH: -0.8%

Clearfield County is losing people and economic momentum. This metro faces significant structural headwinds.

[01] Why Clearfield County?

Clearfield County, Pennsylvania, located in the north-central part of the state, is known for its "clear fields" that early explorers found, a nod to the open areas created by bison herds and Native American cornfields. The county seat, Clearfield, is situated along the West Branch Susquehanna River and is about a 2.5-hour drive from Harrisburg and 2 hours from Pittsburgh. Interstate 80 runs directly through the county, offering access to major markets. The community offers a small-town feel with historical landmarks from the late 1800s, particularly in Clearfield's "Old Town Historic District." Outdoor recreation is a significant draw, with Curwensville Lake Recreation Area offering hiking, fishing, boating, and camping, and Parker Dam State Park providing trails and wildlife viewing opportunities.

Life in Clearfield County often appeals to those seeking a rural lifestyle. The economy, historically rooted in lumber and coal, has been transitioning. While natural resource extraction still plays a role, the area has seen recent investments in sectors like energy and advanced manufacturing. Clearfield County is served by several public school districts, including Clearfield Area, DuBois Area, and Curwensville Area School Districts. Public transportation options, including bus services, are available within the county.

[02] Market Snapshot

Housing Ratio
3.0x

Undervalued relative to economy

GDP Growth
+2.2%

Below national median

Home Prices
+1.6%

Above national median

Climate & Terrain
0.8

Moderate climate & terrain

Price/Rent
13x

Below national median (13x)

Housing looks undervalued at 3.0x — 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

Clearfield County U.S. National

The Numbers

DEMOGRAPHICS
Population
79,707
-1.19% YoY
Median Household Income
$56,982
Median Home Value
$118,300
+1.63% 12mo
Median Rent
$737
Average Annual Pay
$51,575
+4.8% YoY
Employment
29,228
-0.3% YoY
Income-to-Home-Value
0.4817
More affordable than average
Migration Inflow
2.18%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$190,000
Days on Market
143
Slower market
Months of Supply
4.8
Balanced market
Sale-to-List Ratio
91.1%
Negotiation room for buyers
Listings w/ Price Drops
17.0%
Building Permits (2024)
88
Single-Family Permits
74

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

[05] Capital Investment

$1,782M
TOTAL
PROJECT AMOUNT STATUS
Iron City No. 1 Power Generator and Compute Center (AI Data Center)
Iron City Wells, LLC
$500M Planned
Mineral Basin Solar Project
Swift Current Energy
$402M Under Development
Shallow Seam BESS (Battery Energy Storage System)
Undisclosed
$400M Planned
CPV Rogue's Wind
Competitive Power Ventures (CPV) Renewable Power
$300M Under Construction
Madera - Westover South 115 kV Wind Project
Undisclosed
$110M Planned
KeyState River Hill Fertilizers, Fuels and Chemicals
KeyState Natural Gas Synthesis
$70M Operating

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

[06] Score Breakdown

GDP Growth +2.2% 39 percentile
Population Growth -1.2% 2 percentile
Income Growth +7.9% 34 percentile
Vacancy Rate 0.8% 77 percentile
Home Price Change +1.6% 55 percentile
Price/Rent 13x 51 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

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

Clearfield County has a Boom Town Index score of 17/100, ranking #825 among 996 U.S. counties. With job growth at -0.3% and a median household income of $56,982, it faces some economic headwinds compared to faster-growing counties.

Is Clearfield County affordable?

The median home value in Clearfield County is $118,300 with median rent at $737/month. The income-to-home-value ratio is 0.4817, which is more affordable than the national average.

Is Clearfield County growing or shrinking?

Population growth: -1.2% year-over-year. Job growth: -0.3%. Home values changed +1.6% in the past 12 months.

Are people moving to Clearfield County?

Yes — 2.18% of Clearfield 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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