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16362 Map

16362 Income Statistics

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Comparison to Surrounding Areas

16362 Median Household Income

The median household income ($63,750) for 16362 is less than the median household income for 16145 ($64,500), 16311 ($73,750), 16314 ($70,021), Mill Creek township ($75,556), and Frenchcreek township ($68,523). But it's more than 16323 ($62,233), 16342 ($62,227), 16317 ($55,956), Venango County ($61,626), Mercer County ($60,614), Utica borough ($54,583), and Canal township ($59,464).

16362$63,750
Mill Creek township$75,556
Canal township$59,464
Frenchcreek township$68,523
Utica borough$54,583
Mercer County$60,614
Venango County$61,626

16362 Average Household Income

The average household income ($80,000) for 16362 is less than the average household income for 16145 ($88,415), 16314 ($84,267), Mill Creek township ($97,310), and Frenchcreek township ($88,392). But it's more than 16342 ($76,357), 16311 ($78,501), 16317 ($64,129), 16323 ($79,735), Mercer County ($78,316), Venango County ($76,779), Canal township ($75,646), and Utica borough ($68,339).

16362$80,000
Mill Creek township$97,310
Canal township$75,646
Frenchcreek township$88,392
Utica borough$68,339
Mercer County$78,316
Venango County$76,779

16362 Per-Capita Income

The per-capita income for 16362 is $33,169. The per capita income ($33,169) for 16362 is less than the per capita income for 16342 ($35,301), 16311 ($39,342), 16314 ($34,633), 16323 ($34,466), 16145 ($39,027), Mercer County ($33,320), Mill Creek township ($38,652), and Frenchcreek township ($40,107). But it's more than 16317 ($27,397), Venango County ($33,044), Canal township ($31,984), and Utica borough ($31,026).

16362$33,169
Mill Creek township$38,652
Canal township$31,984
Frenchcreek township$40,107
Utica borough$31,026
Mercer County$33,320
Venango County$33,044

16362 High Income Households

2.8% of households make over $200,000 a year. The percent high income households (2.8%) for 16362 is less than the percent high income households for 16311 (3.1%), 16145 (4.1%), 16323 (3.0%), 16314 (4.6%), Mercer County (4.2%), Venango County (3.0%), Frenchcreek township (4.7%), Canal township (4.2%), and Mill Creek township (8.4%). But it's more than 16317 (0.0%), 16342 (2.6%), and Utica borough (1.4%).

163622.8%
Mill Creek township8.4%
Canal township4.2%
Frenchcreek township4.7%
Utica borough1.4%
Mercer County4.2%
Venango County3.0%

16362 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
16362$-1$100,313$77,500$45,000
Mill Creek township$250,001$96,250$81,563$53,523
Canal township$-1$101,563$79,750$40,750
Frenchcreek township$-1$76,563$76,250$53,750
Utica borough$-1$106,250$83,750$33,750
Mercer County$32,105$74,766$73,648$46,588
Venango County$53,894$71,962$72,566$49,572

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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 16362 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+
16362+/-$12,862+/-$15,559+/-$6,464+/-3.8%+/-$-1+/-$13,586+/-$6,580+/-$15,279
Mill Creek township+/-$9,743+/-$14,168+/-$6,171+/-5.4%+/-$-1+/-$19,279+/-$7,343+/-$12,809
Canal township+/-$16,790+/-$8,162+/-$3,632+/-2.8%+/-$-1+/-$6,888+/-$10,082+/-$10,562
Frenchcreek township+/-$5,786+/-$14,165+/-$6,654+/-3.5%+/-$-1+/-$40,395+/-$12,149+/-$13,720
Utica borough+/-$29,537+/-$14,201+/-$8,835+/-2.7%+/-$-1+/-$59,416+/-$36,284+/-$17,945
Mercer County+/-$2,091+/-$2,063+/-$841+/-0.6%+/-$13,533+/-$4,630+/-$2,793+/-$2,603
Venango County+/-$2,362+/-$3,141+/-$1,212+/-0.6%+/-$13,651+/-$5,874+/-$5,819+/-$2,318