Places/PA/Lackawanna County, PA
County profile

Lackawanna County, PA

United States · GDP 2024
#352 of 3,127 US counties by GDP45th-percentile growthmore diversified than 78% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$13.4B
BEA · 2024
GDP growth (YoY)
+4.0%
BEA · 2024
Jobs tracked
91,059
Census CBP · 2023
Employers
5,198
Census CBP · 2023
Avg. wage
$51.8k
BLS QCEW · 2023
Population
216,502
Census PEP · 2025
Labor, income & education
Unemployment
4.3%
Median HH income
$66.2k±$1.5k
Bachelor's degree+
30.6%±0.9%
Poverty rate
14.4%±1.0%
Business applications
2,489 · 2025
Retail establishments
809
37.4/10k pop

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1Fidelity D & D Bancorp, Inc.Financial Services2Peoples Financial Services Corp.Financial Services3Karbon Capital Partners Corp.Financial Services

HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).

Industry mix · employment
Health care34%
Retail trade18%
Manufacturing17%
Food & accommodation12%
Transportation10%
Education9%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
216,502
residents · 2025 · +0.5% since 2020
Income per capita $58.8k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration+2,228
International migration+2,987
Natural change4,153

GDP trend

20192024 · nominal
$10.4B
2019
$10.4B
2020
$11.3B
2021
$12.1B
2022
$12.9B
2023
$13.4B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$201.8k±$3.9k
Median gross rent
$1.0k/mo±$25/mo
Vacancy rate
11.9%±0.7%
Affordability
3.9× wages
Residential permits
$101.2M
277 units · 1.3/1k pop
FEMA risk score
89.9
HUD Fair Market Rent (2BR):$1.3k/mo · 2026
TOP PERILS · FEMA NRI
Winter weather 92Lightning 91Cold wave 90
FHFA HOUSE PRICE INDEX · 20162025
300
2016
302
2017
310
2018
323
2019
335
2020
371
2021
426
2022
461
2023
492
2024
516
2025
RESIDENTIAL PERMITS · 20212025
9% since 2021
254
2021
272
2022
236
2023
250
2024
277
2025

Transport access

BTS · FAA · USACE
Nearest interstate
1.2 km
I-81
Nearest freight rail
2.5 km
DL
Nearest port
133.1 km
GLOBAL CARGO NEWBURGH TERMINAL DOCK
Nearest commercial airport
14.5 km
WILKES-BARRE/SCRANTON INTL
Wage trend
BLS QCEW · 20192023
$51.8k
avg. annual pay · +20% since 2019
The read

What is the GDP of Lackawanna?

Lackawanna's economy produced $13.4B in 2024, growing 4.0% year over yearabout the middle of the pack among US counties. Its largest employment sector is health care.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.