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Market AnalysisUpdated March 2026

Lehigh County, PA — Market Snapshot

Real estate market data for Lehigh County, Pennsylvania. Census demographics, rental trends, and economic indicators for investors and developers.

Population

375,408

ACS 2023

Median Household Income

$84,462

ACS 2023

Renter-Occupied

35%

ACS 2023

Median Rent

$1,348/mo

ACS 2023

Source: U.S. Census Bureau, American Community Survey 2023

Population & Income Profile

Age Distribution

Under 19
25.1%
Ages 20–29
12.6%
Ages 30–39
13.3%
Ages 40–49
12.3%
Ages 50–59
12.8%
Ages 60–69
12.1%
Over 70
11.8%

Household Income Distribution

Under $30K
17.0%
$30K–$50K
15.0%
$50K–$75K
00.0%
$75K–$100K
00.0%
$100K–$150K
00.0%
Above $150K
00.0%

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Source: U.S. Census Bureau, American Community Survey 2023

Housing Affordability

Affordability Label

Affordable (3-4x)

ACS 2023

Price-to-Income Ratio

6.3x

Redfin SFR ÷ FRED Per Capita Income
Very Affordable (<3x)Moderate (3–5x)Expensive (5–7x)Very Expensive (>7x)
6.3x

At 6.3x price-to-income, median home prices in Lehigh County are elevated relative to income.

Affordability label: U.S. Census Bureau ACS 2023. Price-to-income: Redfin median sale price (SFR, Dec 2025) ÷ FRED per capita personal income (Q4 2025).

Housing Market Overview

Median Home Value
$422,500
Median Gross Rent
$1,348/mo
Homeownership Rate
65%
Typical Monthly Housing Cost(owner-occupied w/ mortgage)
$1,428/mo
Median Annual Property Tax(ACS estimate)
$4,750
Vacancy Rate
Dashboard

Source: U.S. Census Bureau, ACS 2023. Monthly Housing Cost: ACS B25105. Property Tax: ACS B25103.

Home Price Index

Lehigh County HPI

281.4

FRED Q4 2025

Since 2020

+62.0%

vs. 2020 baseline

Lehigh County home values have appreciated 62.0% since 2020, outpacing the Pennsylvania statewide average of 57.3%.

Source: Federal Reserve Economic Data (FRED) — FHFA House Price Index. Updated Q4 2025.

Investment Analysis

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Market Tier

Bawa Score: 85 / 100

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Economic Indicators

Unemployment Rate
3.9%
Per Capita Personal Income
$66,913
Labor Force
187,312
GDP
$25B
Building Permits
1,062

▲ +149.3% since 2020

State Overview

State Tax Revenue (quarterly)millions USD, not seasonally adjusted
$13.1B
State Home Price Index
713.6
State GDP
$1.0T

Source: Federal Reserve Economic Data (FRED). Updated Q4 2025.

Nearby Markets

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