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16240 Map

16240 Income Statistics

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Comparison to Surrounding Areas

16240 Median Household Income

The median household income ($59,219) for 16240 is less than the median household income for 15778 ($101,250), 16224 ($73,750), 15864 ($60,577), 15784 ($73,125), Armstrong County ($61,011), Timblin borough ($75,500), Ringgold township ($60,000), Redbank township ($67,368), and Limestone township ($70,568). But it's more than 16242 ($53,523), 15767 ($49,885), 15770 ($45,000), 16222 ($57,774), 16230 ($43,929), Clarion County ($58,690), Jefferson County ($56,607), Redbank township ($51,776), Beaver township ($57,969), and Porter township ($45,179).

16240$59,219
Timblin borough$75,500
Beaver township$57,969
Porter township$45,179
Ringgold township$60,000
Redbank township$51,776
Limestone township$70,568
Redbank township$67,368
Clarion County$58,690
Jefferson County$56,607
Armstrong County$61,011

16240 Average Household Income

The average household income ($72,471) for 16240 is less than the average household income for 16224 ($80,112), 15778 ($96,396), 15784 ($110,439), 15864 ($77,243), Armstrong County ($78,221), Clarion County ($74,681), Limestone township ($80,726), and Timblin borough ($74,468). But it's more than 15767 ($69,469), 16242 ($69,966), 16230 ($56,265), 16222 ($71,927), 15770 ($57,039), Jefferson County ($72,426), Ringgold township ($69,503), Porter township ($72,375), Beaver township ($66,642), Redbank township ($71,682), and Redbank township ($66,294).

16240$72,471
Timblin borough$74,468
Beaver township$66,642
Porter township$72,375
Ringgold township$69,503
Redbank township$66,294
Limestone township$80,726
Redbank township$71,682
Clarion County$74,681
Jefferson County$72,426
Armstrong County$78,221

16240 Per-Capita Income

The per-capita income for 16240 is $29,090. The per capita income ($29,090) for 16240 is less than the per capita income for 15864 ($31,885), 15767 ($29,298), 15784 ($57,658), 16242 ($29,121), 16224 ($33,046), Armstrong County ($33,390), Clarion County ($30,444), Jefferson County ($30,280), Redbank township ($29,132), Limestone township ($30,062), and Redbank township ($30,801). But it's more than 16230 ($23,570), 15770 ($28,615), 15778 ($19,415), 16222 ($25,855), Beaver township ($28,974), Porter township ($24,061), Ringgold township ($22,128), and Timblin borough ($20,083).

16240$29,090
Timblin borough$20,083
Beaver township$28,974
Porter township$24,061
Ringgold township$22,128
Redbank township$30,801
Limestone township$30,062
Redbank township$29,132
Clarion County$30,444
Jefferson County$30,280
Armstrong County$33,390

16240 High Income Households

5.8% of households make over $200,000 a year. The percent high income households (5.8%) for 16240 is more than 15778 (3.6%), 15767 (5.3%), 15770 (0.0%), 16242 (2.7%), 16230 (2.0%), 16224 (0.9%), 16222 (1.9%), 15864 (1.4%), 15784 (3.2%), Armstrong County (4.3%), Clarion County (4.7%), Jefferson County (3.9%), Timblin borough (4.5%), Ringgold township (1.6%), Porter township (2.4%), Beaver township (0.6%), Redbank township (1.4%), Limestone township (1.2%), and Redbank township (6.0%).

162405.8%
Timblin borough4.5%
Beaver township0.6%
Porter township2.4%
Ringgold township1.6%
Redbank township6.0%
Limestone township1.2%
Redbank township1.4%
Clarion County4.7%
Jefferson County3.9%
Armstrong County4.3%

16240 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
16240$-1$68,750$61,250$44,792
Timblin borough$-1$82,188$76,250$39,063
Beaver township$-1$45,729$76,875$53,125
Porter township$-1$105,156$-1$40,417
Ringgold township$-1$68,542$58,750$45,625
Redbank township$-1$56,827$61,016$23,672
Limestone township$116,750$78,889$72,917$52,321
Redbank township$-1$98,333$62,969$65,577
Clarion County$24,394$76,250$75,438$40,055
Jefferson County$40,313$63,288$69,444$39,809
Armstrong County$42,845$77,458$76,633$42,914

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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 2022 5-year estimates. You can find this information and other demographics for 16240 on the US Census Bureau’s website. These values are in 2022 inflation-adjusted dollars and were downloaded on 7 December 2023.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2022 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+/-$7,920+/-$7,656+/-$2,576+/-3.1%+/-$-1+/-$26,559+/-$14,935+/-$13,280
Timblin borough+/-$34,551+/-$16,905+/-$6,689+/-7.8%+/-$-1+/-$18,070+/-$20,860+/-$6,603
Beaver township+/-$15,516+/-$8,887+/-$5,770+/-1.2%+/-$-1+/-$15,941+/-$28,151+/-$15,801
Porter township+/-$6,560+/-$23,142+/-$9,202+/-2.7%+/-$-1+/-$95,345+/-$-1+/-$12,790
Ringgold township+/-$20,035+/-$10,022+/-$3,115+/-1.6%+/-$-1+/-$26,891+/-$19,111+/-$22,410
Redbank township+/-$5,114+/-$8,206+/-$2,683+/-4.0%+/-$-1+/-$27,275+/-$11,018+/-$12,423
Limestone township+/-$6,344+/-$5,855+/-$2,634+/-1.0%+/-$62,562+/-$27,996+/-$23,689+/-$12,814
Redbank township+/-$7,440+/-$7,339+/-$2,436+/-1.5%+/-$-1+/-$37,087+/-$9,627+/-$14,518
Clarion County+/-$2,562+/-$2,783+/-$978+/-1.0%+/-$4,258+/-$8,841+/-$3,926+/-$1,991
Jefferson County+/-$1,932+/-$2,194+/-$848+/-0.6%+/-$13,430+/-$3,313+/-$2,848+/-$3,134
Armstrong County+/-$2,202+/-$2,118+/-$833+/-0.6%+/-$5,925+/-$3,790+/-$3,426+/-$1,679