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Indiana County, PA

RANK #263 / 996  ·  POP 83,394  ·  PA

PROJECTED GROWTH: +1.7%

Indiana County combines solid growth with real affordability — a rare combination.

[01] Why Indiana County?

Indiana County, Pennsylvania, known as the "Christmas Tree Capital of the World," is situated in the foothills of the Allegheny Mountains, about an hour east of Pittsburgh. The county seat, also named Indiana, offers an urban-suburban feel with a strong sense of community. Commuting within the county is generally short, with an average one-way trip of 17.6 minutes. The landscape features rolling farmland and extensive outdoor recreation opportunities, including Yellow Creek State Park, which offers boating, fishing, hiking, and mountain biking on its 2,981 acres. The county also boasts over 69 miles of trails, including the Ghost Town Trail, named "PA's Trail of the Year" in 2020.

Life in Indiana County blends small-town safety with access to amenities, partly due to Indiana University of Pennsylvania, which contributes to the local economy and offers numerous cultural events. Public schools in towns like Indiana are rated above average. The economy, historically tied to coal and natural gas, has seen a rebound in these energy sectors with new technologies. There is also a focus on sustainable economic development, including new opportunities in renewable energy, agriculture, and environmental restoration.

[02] Market Snapshot

Housing Ratio
3.6x

Undervalued relative to economy

GDP Growth
-1.1%

Contracting economy

Home Prices
+2.2%

Outpacing national median

Climate & Terrain
0.4

Moderate climate & terrain

Price/Rent
15x

Above national median (13x)

Housing looks undervalued at 3.6x — 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

Indiana County U.S. National

The Numbers

DEMOGRAPHICS
Population
83,394
-0.27% YoY
Median Household Income
$57,170
Median Home Value
$140,700
+2.21% 12mo
Median Rent
$771
Average Annual Pay
$55,756
+2.2% YoY
Employment
27,793
+0.4% YoY
Income-to-Home-Value
0.4063
More affordable than average
Migration Inflow
6.97%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$189,500
Days on Market
68
Slower market
Months of Supply
3.4
Balanced market
Sale-to-List Ratio
99.1%
Near asking price
Sold Above List
31.2%
Listings w/ Price Drops
17.4%
Building Permits (2024)
41
Single-Family Permits
41

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

[05] Capital Investment

$10,260M
TOTAL
PROJECT AMOUNT STATUS
Homer City Energy Campus (Data Center & Natural Gas Plant)
Homer City Redevelopment (HCR) and Kiewit Power Constructors Co.
$10,000M Under Construction
Hoodlebug Solar Energy Center
Cleanview (developer not specified, but tracked by Cleanview)
$110M Planned
Sunny Fields Renewable Energy (Solar and Energy Storage)
Vesper Energy
$100M Proposed
Urban Outfitters Distribution Center
Urban Outfitters
$50M Operating

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

[06] Score Breakdown

GDP Growth -1.1% 4 percentile
Population Growth -0.3% 17 percentile
Income Growth +8.8% 58 percentile
Vacancy Rate 2.8% 2 percentile
Home Price Change +2.2% 62 percentile
Price/Rent 15x 33 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

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

Indiana County has a Boom Town Index score of 74/100, ranking #263 among 996 U.S. counties. With job growth at +0.4% and a median household income of $57,170, it's an above-average county on economic indicators.

Is Indiana County affordable?

The median home value in Indiana County is $140,700 with median rent at $771/month. The income-to-home-value ratio is 0.4063, which is more affordable than the national average.

Is Indiana County growing or shrinking?

Population growth: -0.3% year-over-year. Job growth: +0.4%. Home values changed +2.2% in the past 12 months.

Are people moving to Indiana County?

Yes — 6.97% of Indiana County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Cape Girardeau County, MO 84 Hawkins County, TN 84 St. Joseph County, IN 84 Medina County, OH 84 Barry County, MI 84 St. Joseph County, MI 84 St. Lawrence County, NY 84 Miami County, OH 84