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Lackawanna County

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

Median Home$199,362
Median Rent$1,039/month
Population216,146
Leading IndustriesPublic Administration · Professional Services · Transportation28% public administration
Home Value Growth⬆⬆+18.4% over 2 years
Young Adults27% of residentsnear the national average
Homeowners65% of occupied units
NotableAmenity Score75/100 · highly walkable area
NotableTransit72/100 · excellent transit access
Lackawanna County
PA

Frequently Asked Questions

What are today's mortgage rates in Lackawanna County?

As of today, the 30-year fixed mortgage rate for Lackawanna County is approximately 7.200% (7.231% 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 Lackawanna County
What is the median home price in Lackawanna County?

The median home value in Lackawanna County is $199k. The median monthly rent is $1,039. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lackawanna County?

Home values in Lackawanna County have increased 18.4% 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 Lackawanna County?

Based on a typical all-in ownership cost of $1,066/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $46k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lackawanna County is $69k/year.

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What industries drive the economy in Lackawanna County?

The largest employment sectors in Lackawanna County are public administration (28%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas