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Lawrence County, PA

RANK #387 / 996  ·  POP 85,907  ·  PA

PROJECTED GROWTH: +1.2%

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

[01] Why Lawrence County?

Lawrence County, Pennsylvania, is defined by its natural landscape, particularly McConnells Mill State Park, a National Natural Landmark featuring the Slippery Rock Creek Gorge with waterfalls, hiking trails, and a historic gristmill. Located about an hour north of Pittsburgh, the county offers a blend of rural scenery and access to urban amenities. Commuting to Pittsburgh is facilitated by Park & Ride options. The county also has a notable Old Order Amish community, especially around the villages of Volant and New Wilmington. Outdoor recreation extends to fishing in Neshannock Creek and Slippery Rock Creek, biking on the Stavich Bicycle Trail, and exploring Quaker Falls Recreation Area.

Life in Lawrence County offers a mix of small-town warmth and access to outdoor activities. The public schools in the county are generally above average. While the county has experienced a population decline, particularly in its main city, New Castle, rural and suburban areas have seen some growth. The economy is seeing investment in manufacturing, with one company expanding its operations and creating new jobs. The county's economic development efforts focus on supporting businesses and enhancing services.

[02] Market Snapshot

Housing Ratio
3.5x

Undervalued relative to economy

GDP Growth
-1.6%

Contracting economy

Home Prices
+0.6%

Well below national median

Climate & Terrain
0.2

Moderate climate & terrain

Price/Rent
10x

Strong rental yield

Housing looks undervalued at 3.5x — 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

Lawrence County U.S. National

The Numbers

DEMOGRAPHICS
Population
85,907
-0.47% YoY
Median Household Income
$57,585
Median Home Value
$130,000
+0.55% 12mo
Median Rent
$787
Average Annual Pay
$52,927
+2.7% YoY
Employment
26,838
-1.0% YoY
Income-to-Home-Value
0.443
More affordable than average
Migration Inflow
2.84%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$180,000
Days on Market
93
Slower market
Months of Supply
5.9
Buyer's market
Sale-to-List Ratio
97.3%
Negotiation room for buyers
Sold Above List
27.3%
Listings w/ Price Drops
15.1%
Building Permits (2024)
60
Single-Family Permits
60

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

[05] Capital Investment

$1,675M
TOTAL
PROJECT AMOUNT STATUS
Hickory Run Energy Station
Hickory Run Energy, LLC
$1,000M Operating
Firefly Solar Project (400 MW)
Vesper Energy
$400M Planned
Tri Global Energy Solar Project (175 MW solar, 40 MW battery storage)
Tri Global Energy
$215M Planned
LS Power Solar Farm (60 MW)
LS Power
$60M Proposed

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

[06] Score Breakdown

GDP Growth -1.6% 3 percentile
Population Growth -0.5% 11 percentile
Income Growth +8.4% 48 percentile
Vacancy Rate 0.8% 71 percentile
Home Price Change +0.6% 38 percentile
Rent Growth +11.1% 98 percentile
Price/Rent 10x 94 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

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

Lawrence County has a Boom Town Index score of 61/100, ranking #387 among 996 U.S. counties. With job growth at -1.0% and a median household income of $57,585, it's an above-average county on economic indicators.

Is Lawrence County affordable?

The median home value in Lawrence County is $130,000 with median rent at $787/month. The income-to-home-value ratio is 0.443, which is more affordable than the national average.

Is Lawrence County growing or shrinking?

Population growth: -0.5% year-over-year. Job growth: -1.0%. Home values changed +0.6% in the past 12 months.

Are people moving to Lawrence County?

Yes — 2.84% of Lawrence County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Bartholomew County, IN 71 Burlington County, NJ 71 La Crosse County, WI 71 Tom Green County, TX 71 Wood County, WV 71 McLean County, IL 71 Luzerne County, PA 71 Milwaukee County, WI 71