Places/PA/McKean County, PA
County profile

McKean County, PA

United States · GDP 2024
#1197 of 3,127 US counties by GDPbottom-decile growthmore diversified than 50% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$2.2B
BEA · 2024
GDP growth (YoY)
-5.7%
BEA · 2024
Jobs tracked
12,412
Census CBP · 2023
Employers
933
Census CBP · 2023
Avg. wage
$48.6k
BLS QCEW · 2023
Population
38,984
Census PEP · 2025
Labor, income & education
Unemployment
4.5%
Median HH income
$62.9k±$3.1k
Bachelor's degree+
20.8%±1.5%
Poverty rate
13.7%±1.8%
Business applications
274 · 2025
Retail establishments
143
36.4/10k pop

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1Hamlin Bank and Trust CompanyFinancial Services$27.1M56C

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
Manufacturing34%
Health care24%
Retail trade17%
Food & accommodation12%
Admin & support7%
Other services6%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
38,984
residents · 2025 · -3.5% since 2020
Income per capita $53.2k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration254
International migration+61
Natural change1,224

GDP trend

20192024 · nominal
$1.8B
2019
$1.5B
2020
$2.0B
2021
$2.2B
2022
$2.3B
2023
$2.2B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$104.5k±$4.7k
Median gross rent
$809/mo±$28/mo
Vacancy rate
15.9%±1.4%
Affordability
2.2× wages
Residential permits
$5.8M
33 units · 0.8/1k pop
FEMA risk score
53.8
HUD Fair Market Rent (2BR):$973/mo · 2026
TOP PERILS · FEMA NRI
Winter weather 82Landslide 77Lightning 74
FHFA HOUSE PRICE INDEX · 20162025
141
2016
128
2017
141
2018
141
2019
151
2020
162
2021
168
2022
198
2023
202
2024
210
2025
RESIDENTIAL PERMITS · 20212025
18% since 2021
28
2021
41
2022
24
2023
27
2024
33
2025

Transport access

BTS · FAA · USACE
Nearest interstate
31.0 km
I-86
Nearest freight rail
0.6 km
BPRR
Nearest port
99.4 km
NRG DUNKIRK POWER DOCK
Nearest commercial airport
5.9 km
BRADFORD RGNL
Wage trend
BLS QCEW · 20192023
$48.6k
avg. annual pay · +16% since 2019
The read

What is the GDP of McKean?

McKean's economy produced $2.2B in 2024, contracting 5.7% year over yearamong the slowest-growing US counties. Its largest employment sector is manufacturing.

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.