16240 Map

16240 Income Statistics

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Comparison to Surrounding Areas

16240 Median Household Income

The median household income ($59,722) for 16240 is less than the median household income for 15864 ($61,417), 15778 ($85,417), 16224 ($77,853), 16222 ($61,313), Armstrong County ($64,295), Clarion County ($60,668), Ringgold township ($60,625), Beaver township ($62,054), Redbank township ($65,938), and Limestone township ($71,711). But it's more than 16242 ($54,727), 15767 ($49,907), 15770 ($44,688), 15784 ($58,125), 16230 ($46,696), Jefferson County ($56,898), Redbank township ($52,841), Porter township ($46,786), and Timblin borough ($59,375).

16240$59,722
Timblin borough$59,375
Beaver township$62,054
Porter township$46,786
Ringgold township$60,625
Redbank township$52,841
Limestone township$71,711
Redbank township$65,938
Clarion County$60,668
Jefferson County$56,898
Armstrong County$64,295

16240 Average Household Income

The average household income ($70,984) for 16240 is less than the average household income for 16242 ($76,430), 15778 ($86,800), 15864 ($78,748), 16222 ($75,303), 16224 ($75,692), Armstrong County ($82,218), Clarion County ($78,579), Jefferson County ($73,117), Limestone township ($81,832), and Beaver township ($71,486). But it's more than 15767 ($69,804), 15770 ($62,494), 15784 ($65,282), 16230 ($59,480), Redbank township ($65,245), Timblin borough ($68,096), Redbank township ($66,896), Porter township ($69,507), and Ringgold township ($70,448).

16240$70,984
Timblin borough$68,096
Beaver township$71,486
Porter township$69,507
Ringgold township$70,448
Redbank township$65,245
Limestone township$81,832
Redbank township$66,896
Clarion County$78,579
Jefferson County$73,117
Armstrong County$82,218

16240 Per-Capita Income

The per-capita income for 16240 is $29,574. The per capita income ($29,574) for 16240 is less than the per capita income for 16242 ($31,254), 15767 ($30,090), 15770 ($30,117), 15784 ($38,771), 15864 ($31,944), 16224 ($32,915), Armstrong County ($35,313), Clarion County ($32,498), Jefferson County ($31,091), Redbank township ($30,205), Limestone township ($30,777), and Beaver township ($30,903). But it's more than 15778 ($19,105), 16222 ($25,219), 16230 ($23,941), Redbank township ($28,668), Timblin borough ($17,883), Porter township ($21,060), and Ringgold township ($23,086).

16240$29,574
Timblin borough$17,883
Beaver township$30,903
Porter township$21,060
Ringgold township$23,086
Redbank township$30,205
Limestone township$30,777
Redbank township$28,668
Clarion County$32,498
Jefferson County$31,091
Armstrong County$35,313

16240 High Income Households

3.4% of households make over $200,000 a year. The percent high income households (3.4%) for 16240 is less than the percent high income households for 15767 (4.9%), 15770 (4.8%), 16242 (4.5%), Armstrong County (5.0%), Clarion County (4.5%), and Jefferson County (3.9%). But it's more than 15778 (0.0%), 15784 (0.0%), 15864 (1.6%), 16222 (2.6%), 16224 (0.0%), 16230 (2.1%), Redbank township (2.5%), Timblin borough (0.0%), Limestone township (1.4%), Redbank township (0.4%), Beaver township (1.6%), Porter township (1.7%), and Ringgold township (2.5%).

162403.4%
Timblin borough0.0%
Beaver township1.6%
Porter township1.7%
Ringgold township2.5%
Redbank township2.5%
Limestone township1.4%
Redbank township0.4%
Clarion County4.5%
Jefferson County3.9%
Armstrong County5.0%

16240 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
16240$59,500$64,167$53,750$46,250
Timblin borough$-1$86,250$78,250$45,625
Beaver township$-1$60,625$77,500$56,667
Porter township$-1$108,295$-1$-1
Ringgold township$-1$68,056$59,375$43,750
Redbank township$-1$59,423$62,083$32,083
Limestone township$121,250$81,000$73,625$56,389
Redbank township$-1$94,167$61,176$60,288
Clarion County$23,322$74,453$78,125$41,409
Jefferson County$37,232$67,873$69,511$40,414
Armstrong County$52,585$78,873$78,043$45,877

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About the Data

Sources & Margins of Error

All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2023 5-year estimates. You can find this information and other demographics for 16240 on the US Census Bureau’s website. These values are in 2023 inflation-adjusted dollars and were downloaded on 12 December 2024.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars) By Age Of Householder

Margins of error for the above income data are:

Median Household Income Average Household Income Per Capita Income High Income Households Median Household Income by Age of Householder
under 25 25 to 44 45 to 64 65+
16240+/-$5,501+/-$8,341+/-$2,902+/-2.6%+/-$21,228+/-$10,127+/-$21,949+/-$13,629
Timblin borough+/-$19,446+/-$9,252+/-$4,741+/-39.9%+/-$-1+/-$4,196+/-$32,813+/-$11,490
Beaver township+/-$18,996+/-$9,782+/-$4,415+/-1.8%+/-$-1+/-$45,164+/-$19,061+/-$12,073
Porter township+/-$4,784+/-$38,225+/-$13,584+/-3.9%+/-$-1+/-$49,988+/-$-1+/-$-1
Ringgold township+/-$13,787+/-$10,418+/-$2,887+/-2.3%+/-$-1+/-$12,310+/-$43,938+/-$25,381
Redbank township+/-$6,903+/-$8,932+/-$3,061+/-3.0%+/-$-1+/-$13,401+/-$17,958+/-$18,258
Limestone township+/-$6,762+/-$4,624+/-$2,406+/-1.0%+/-$67,971+/-$23,782+/-$18,666+/-$11,316
Redbank township+/-$11,166+/-$5,885+/-$2,472+/-0.7%+/-$-1+/-$24,171+/-$7,325+/-$18,012
Clarion County+/-$2,536+/-$2,626+/-$945+/-0.7%+/-$3,656+/-$7,998+/-$4,528+/-$1,899
Jefferson County+/-$2,304+/-$2,574+/-$912+/-0.6%+/-$16,113+/-$2,694+/-$3,049+/-$2,985
Armstrong County+/-$2,808+/-$2,699+/-$1,171+/-0.8%+/-$11,373+/-$6,007+/-$4,573+/-$2,421