State College, Pennsylvania Income Statistics
State College Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
-
F
State College Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | State College | Pennsylvania Avg | US Average |
|---|---|---|---|
| Median Household Income | $45,182 | $78,249 | $80,455 |
| Median Personal Income | $56,300 | $62,573 | $60,758 |
| Average Yearly Income Growth | 4.7% | 4.4% | 4.8% |
| Six-Figure Earners | 6.7% | 13.0% | 13.9% |
| $200k+ Households | 9.2% | 11.8% | 13.2% |
The median household income in State College is about 42% lower than in Pennsylvania. Income has been growing faster in State College (4.7%/yr) than in Pennsylvania (4.4%/yr).
About 7% of adults in State College earn six figures ($100,000 or more) a year, lower than the Pennsylvania average of 13%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in State College, Pennsylvania grew by 119.1% from 2009 to 2024, reaching $45,182 in 2024. That's an average of about 4.7% per year.
Income Inequality and the Gender Pay Gap in State College
| Metric | State College | Pennsylvania Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.732 | 0.537 | 0.552 |
| Male Median Income | $62,235 | $71,585 | $69,667 |
| Female Median Income | $56,773 | $57,854 | $56,850 |
| Gender Pay Gap | 8.8% | 19.2% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In State College, it is 0.732, higher than Pennsylvania's 0.537, so income is less evenly distributed here than there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Men's income is about 10% more than women's income in State College, Pennsylvania. Over a 35-year career, a 10% wage gap accumulates to roughly $191,170 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in State College, Pennsylvania has narrowed from about 30% to 9% in 2024. Over that period the gap in 2021 women out-earned men by 3%. In dollar terms, the gap has narrowed by $7,168 since 2009.
Employment
| Metric | State College | Pennsylvania Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.0% | 5.2% | 5.2% |
| Working from Home | 15.3% | 15.6% | 15.0% |
| Commute time (minutes) | 13 | 22 | 22 |
Approximately 895 people are unemployed in State College, Pennsylvania.
The average commute time in State College is 13 minutes, shorter than the 22 minutes in Pennsylvania.
Unemployment Rate Over Time
Since 2011, the unemployment rate in State College, Pennsylvania has fallen from 9.4% to 5.0% in 2024. Over that period the rate peaked at 9.7% in 2013 and fell as low as 3.9% in 2022.
Conclusion
Considering all these factors, State College, Pennsylvania has an overall wealth index grade of F, making it worse than Pennsylvania, and worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in State College, Pennsylvania.
How Rich Is State College, Pennsylvania?
State College has a wealth index grade of F. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an F grade means residents are well below the U.S. average. The median household income is $45,182, about 42% lower than the Pennsylvania average of $78,249.
How has median household income changed in State College, Pennsylvania?
Between 2009 and 2024, the median household income in State College, Pennsylvania rose 119%, from $20,618 to $45,182. Over the same years, income here outpaced Pennsylvania as a whole: +119% against +57%.
What was the median household income in State College in 2023?
In 2023, the median household income in State College, Pennsylvania was $47,674, up 10% from $43,458 in 2022. The Pennsylvania median that year was $76,230.
What was the median household income in State College in 2020?
In 2020, the median household income in State College, Pennsylvania was $38,287. By 2024 it had risen 18% to $45,182.
What is the Gini coefficient in State College, Pennsylvania?
The Gini coefficient in State College is 0.732. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.552, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in State College, Pennsylvania?
Since 2009, the income gap between men and women in State College, Pennsylvania has narrowed from about 30% to 9% in 2024. Over that period the gap in 2021 women out-earned men by 3%. In dollar terms, the gap has narrowed by $7,168 since 2009.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →