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Centre County

Learn about the people, housing, costs and businesses in Centre County County

Median Home$344,531
Median Rent$1,144/month
Population158,576
Leading IndustriesPublic Administration · Arts, Food & Hospitality40% public administration
Home Value Growth⬆⬆+15.0% over 2 years
Young Adults42% of residentstop 1% nationally
Homeowners62% of occupied units
NotableHighly Educated25% bachelor's · 14% graduate · top 8% nationally
NotableTransit68/100 · excellent transit access
Centre County
PA

Frequently Asked Questions

What are today's mortgage rates in Centre County?

As of today, the 30-year fixed mortgage rate for Centre County is approximately 7.000% (7.026% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Centre County
What is the median home price in Centre County?

The median home value in Centre County is $345k. The median monthly rent is $1,144. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Centre County?

Home values in Centre County have increased 15.0% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Centre County?

Based on a typical all-in ownership cost of $1,272/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $55k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Centre County is $80k/year.

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What industries drive the economy in Centre County?

The largest employment sectors in Centre County are public administration (40%) and healthcare (8%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas