housing costs · Pennsylvania
Housing costs in Centre County
What it costs to live here: rent, home values and the share of income rent takes.
Median gross rent
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $1,207 | ± $27 | evidence → |
| 2019–2023 | $1,181 | ± $28 | evidence → |
| 2018–2022 | $1,118 | ± $25 | evidence → |
| 2017–2021 | $1,043 | ± $27 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $323,500 | ± $7,308 | evidence → |
| 2019–2023 | $308,100 | ± $8,257 | evidence → |
| 2018–2022 | $289,800 | ± $5,991 | evidence → |
| 2017–2021 | $254,500 | ± $7,802 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 34.4 % | ± 1.8 % | evidence → |
| 2019–2023 | 34.4 % | ± 2.0 % | evidence → |
| 2018–2022 | 35.7 % | ± 2.5 % | evidence → |
| 2017–2021 | 35.4 % | ± 2.1 % | evidence → |
In context
Median rent in Centre County is $1,207, above the Pennsylvania median of $901 across 67 counties (2020–2024).
American Community Survey, five-year estimates. Each release covers five years, so consecutive releases overlap by four of them — a change from one release to the next is damped, and reading them as annual values understates swings. Margins of error are at 90 % confidence and are wide in sparsely populated counties.