Armstrong County, Pennsylvania: commercial real estate data.

Armstrong County

How many people live in Armstrong County

• Population64,622
• Households28,035
• Average household size2.31
• Median household income$65,008
• Median age47.2
• Median gross rent$785 per month
• Median owner-occupied home value$157,300
• Home value to household income2.4 times
• Annual rent as a share of median income14.5 percent
• Adults 25 and over with a bachelor degree or higher19.0 percent
• Adults 25 and over with a graduate degree6.6 percent
• Adults 25 and over48,205
• Population under 1812,227
• Share under 1818.9 percent
• Population 65 and over15,521
• Share 65 and over24.0 percent
• Working age population, 18 to 6436,874
• Civilian labor force30,802
• Unemployment rate4.3 percent
• Labor force participation, adults 18 and over58.8 percent
• Rank by population among Pennsylvania counties40th of 67
• Rank by population among US county-equivalents857th

Armstrong County is the 40th largest of 67 Pennsylvania counties by population. A median home costs 2.4 times median household income, which is an affordable ownership market by national standards. Residents 65 and over outnumber those under 18, at 24.0 percent against 18.9 percent, which points demand at health care, services and single storey product rather than schools.

US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.

Armstrong County

Where are people moving to Armstrong County from?

• Tax returns filed by households arriving1,142
• People arriving, from those returns1,939
• Adjusted gross income arriving$63.9 m
• Net adjusted gross income movement$0
• Average income of an arriving household$55,924
• Largest single originArmstrong County Non-migrants (26,768 households)
• Largest single destination (26,768 households)

The largest single source of arrivals is Armstrong County Non-migrants, which is the catchment a retail or multifamily study should look at first.

US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.

Armstrong County

Largest employers in Armstrong County

• Covered employment, annual average15,650
• Establishments reporting1,450
• Average annual pay$51,796
• Average weekly wage$996
• Sector 62, employment3,119
• Sector 62, average annual pay$52,467
• Sector 44-45, employment1,861
• Sector 44-45, average annual pay$32,298
• Sector 31-33, employment1,530
• Sector 31-33, average annual pay$60,055
• Sector 72, employment1,338
• Sector 72, average annual pay$15,224
• Sector 23, employment1,072
• Sector 48-49, employment802

The largest sector is the biggest private employer group at 3,119 jobs, 19.9 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.

US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.

Armstrong County

Building permits in Armstrong County

• Housing units authorised by permit, 202457
• Declared construction value permitted$15.6 m
• Single family units authorised37
• Multifamily units authorised20
• Multifamily share of units35.1 percent
• Average declared value per unit$274,433
• Units authorised per 1,000 households2.0

Multifamily is 35.1 percent of units authorised, so the pipeline is predominantly for sale product.

US Census Bureau, Building Permits Survey, 2024 annual.

Armstrong County

SBA loan default and charge-off rates in Armstrong County

Do SBA loans in Armstrong County get paid back?

• Loans with a final outcome recorded2
• Paid in full2
• Charged off0
• Status: Cancelled8
• Status: Exempt from disclosure15
• Status: Paid in full2
• Status: Committed, not yet disbursed1

Too few loans have reached a final outcome to publish a charge off rate. only 2 resolved loans, too few to publish a rate. A rate computed on a handful of loans is noise, so none is shown.

Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.

US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.

Armstrong County

How large is Armstrong County?

• Land area653 sq mi
• Rank by land area among Pennsylvania counties34th of 67
• Width, east to west25 mi
• Height, north to south44.2 mi
• Geographies sharing a boundary6
• Residents per square mile of land99
• Establishments per square mile1.97

US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.

Feasibility studies

When a Armstrong County site needs a document a lender will accept.

The same data layer behind this page is the one the studies are written from. A study for a Armstrong County site starts with the figures you are reading, carrying the same source and period into the credit file.

• Population64,622
• Households28,035
• Average household size2.31
• Median household income$65,008
• Median age47.2

How a feasibility study works →

Armstrong County

Cities and places in Armstrong.

30 Census places lie wholly or partly in Armstrong County. 30 carry enough published place level data for a page of their own and are linked. The rest are named here and not linked, because the American Community Survey and the SBA record between them do not carry enough about them to write an honest page. A place existing is itself worth knowing, so nothing in the county is left out.

A further 7 SBA approvals in Armstrong County are recorded against borrower cities that match no Census place, the largest being Ford City, Adrian. Those are postal cities and unincorporated areas rather than incorporated places, so no page claims them, and their lending is counted in this county's totals above rather than under any city.