Tunkhannock, PA

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  • Performance
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Key Performance Metrics

Market snapshot

Performance indicators for the Tunkhannock short-term rental market based on reliable data.

Listings

37 / 59

Reliable / Active

Cap Rate

13%

Middle-Earners Gross Yield

Revenue

$30,656

Middle-Earners Revenue

Occupancy

49%

Middle-Earners Occupancy

Home Value

$244,061

Median Home Sale Price

Top Earners

$85,617

Top-Earners Revenue

Tunkhannock

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Tunkhannock.

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B

Generally Investor friendly

Tunkhannock Regulations

Tunkhannock Township explicitly allows STRs with a formal permitting process that includes an application, mandatory safety inspection, annual renewal, and registration for state and county hotel taxes, with potential additional community association rules, resulting in a moderate but manageable compliance burden for investors.

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About Tunkhannock

Tunkhannock is a small borough nestled in Wyoming County in northeastern Pennsylvania, with a population of roughly 1,800 residents. As the county seat, it has the character of a quiet, historic small town, with a walkable downtown and a strong sense of local identity. The community proudly claims the title of "Ice Cream Capital of the World," hosting an annual ice cream festival that draws visitors from across the region, and it serves as a convenient gateway to the Endless Mountains and the upper Susquehanna River valley. The borough sits approximately 25 miles northwest of Scranton, the nearest major city, and is within easy reach of several state parks and outdoor destinations.

Just north of Tunkhannock in neighboring Nicholson lies the Tunkhannock Viaduct, often called the Nicholson Bridge. Completed in 1915, this massive concrete railroad bridge spans Tunkhannock Creek and was one of the largest concrete structures in the United States at the time of its construction. Roughly a ten-minute drive from downtown, it remains an impressive sight for rail enthusiasts, photographers, and anyone with an appreciation for early twentieth-century engineering, and it draws a steady stream of visitors to the area each year.

Downtown Tunkhannock itself rewards a slow stroll, with a compact main street of locally owned shops, restaurants, and historic storefronts set in nineteenth-century buildings. The Wyoming County Historical Society and Museum, housed in a former school building in the heart of downtown, offers exhibits on the area's Native American heritage, early settlers, and the lumber and railroad industries that shaped the region. Visitors can also browse the town's small antique stores and ice cream parlors, the latter of which are a fitting nod to the borough's frozen-treat identity and provide a few extra reasons to linger.

Surrounded by the rolling, forested terrain of the Endless Mountains, Tunkhannock places travelers within a short drive of multiple outdoor destinations. Moon Lake State Park lies just a few minutes outside town and offers a quiet lake for fishing, picnicking, and small-craft boating, while Lackawanna State Park, about 25 minutes to the south, adds hiking trails, a larger lake, and family-friendly recreation areas. Together with the broader network of state game lands and the Susquehanna River corridor, the area around Tunkhannock provides a wealth of options for fishing, hiking, and wildlife watching across the seasons.

Tunkhannock offers short-term rental investors a compelling combination of small-town charm, regional identity, and proximity to outdoor recreation. Its setting in the Endless Mountains and its accessibility from Scranton and the broader northeastern Pennsylvania region make it a natural base for visitors seeking a quieter alternative to busier destinations, while its unique local flavor—from ice cream heritage to the historic downtown and the nearby engineering marvel of the viaduct—gives guests a distinctive sense of place to return to year after year.

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