Cost of Living in State College, PA
Population: 40,669 • 2026 Data
$47,132
Median Household Income
-39% vs national
$1,229
Median Monthly Rent
-9% vs national
$414,400
Median Home Value
+22% vs national
4.5%
Unemployment Rate
Housing in State College
The median home value in State College, PA is $414,400. Monthly rent for a typical unit averages $1,229, while total monthly housing costs (including utilities and insurance) average $1,243.
Rent-to-income ratio: 31.3%. This exceeds the recommended 30% threshold, indicating housing costs may be a burden for median-income households.
Income and Employment
The median household income in State College, PA is $47,132. The unemployment rate stands at 4.5%, with a labor force of 17,475 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.