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Economic Atlas
Places/PA/Lackawanna
County profile

Lackawanna

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
GDP growth
+4.0%
Jobs tracked
91,059
Employers
5,198
Avg. wage
$51.8k
Population
216,502
Labor & formation
Unemployment
4.3%
Median HH income
$66.2k±$1.5k
Business applications
2,489 · 2025

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1Fidelity D & D Bancorp, Inc.Financial Services———2Peoples Financial Services Corp.Financial Services———3Karbon 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 · 2020–2025
216,502
residents · 2025 · +0.5% since 2020
Income per capita $58.8k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+2,228
International migration+2,987
Natural change−4,153

GDP trend

2019–2024 · 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
277 (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 · 2016–2025
300
2016
302
2017
310
2018
323
2019
335
2020
371
2021
426
2022
461
2023
492
2024
516
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
Filing activity
SEC EDGAR

9 filings from 3 companies here in the last 90 days.

8-KPeoples Financial Services Corp.05-27
8-KPeoples Financial Services Corp.05-15
10-QKarbon Capital Partners Corp.05-12
10-QFidelity D & D Bancorp, Inc.05-08
10-QPeoples Financial Services Corp.05-08
8-KFidelity D & D Bancorp, Inc.05-06
8-KPeoples Financial Services Corp.04-30
8-KFidelity D & D Bancorp, Inc.04-27
8-KFidelity D & D Bancorp, Inc.04-22
DEF 14APeoples Financial Services Corp.04-10
Wage trend
BLS QCEW · 2019–2023
$51.8k
avg. annual pay · +20% since 2019
Similar US counties
nearest by GDP
Baldwin$13.4BBay$13.5BJackson$13.5BYakima$13.3BIredell$13.5BScott$13.3B
The read

Lackawanna's economy produced $13.4B in 2024, growing 4.0% year over year — about 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.
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