Economy & Jobs — State College, Pennsylvania
Income & Employment
| Median Household Income (Census) | $45,424 |
|---|
| Estimated 2026 | ~$53,700 |
|---|
| Per Capita Income | $24,675 |
|---|
| Poverty Rate | 38.1% |
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| Unemployment Rate | 5.0% |
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| In Labor Force | 17,475 |
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Top Industries
| Industry | Share |
|---|
| Education Healthcare | 43.9% |
| Arts Food | 18.1% |
| Retail | 11.1% |
Local Businesses (County)
| Type | Count |
|---|
| Fast Food | 111 |
| Full Service Restaurants | 108 |
| Physician Offices | 65 |
| Dental Offices | 53 |
| Commercial Banks | 50 |
| Insurance Agencies | 50 |
| Beauty Salons | 45 |
| Law Offices | 42 |
| Coffee Shops | 40 |
| Real Estate Offices | 39 |
| Auto Repair | 33 |
| Child Day Care | 32 |
| Gas Stations | 31 |
| Hotels Motels | 27 |
| Fitness Centers | 25 |
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.
