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16423 Map

16423 Income Statistics

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Comparison to Surrounding Areas

16423 Median Household Income

The median household income ($73,523) for 16423 is less than the median household income for 16415 ($105,604), 16417 ($80,410), 16430 ($125,833), Girard township ($78,442), and Lake City borough ($74,909). But it's more than 16411 ($67,000) and Erie County ($61,476).

16423$73,523
Girard township$78,442
Lake City borough$74,909
Erie County$61,476

16423 Average Household Income

The average household income ($85,771) for 16423 is less than the average household income for 16415 ($136,697), 16417 ($92,090), 16430 ($143,298), Girard township ($88,968), and Lake City borough ($88,038). But it's more than 16411 ($75,508) and Erie County ($82,408).

16423$85,771
Girard township$88,968
Lake City borough$88,038
Erie County$82,408

16423 Per-Capita Income

The per-capita income for 16423 is $35,592. The per capita income ($35,592) for 16423 is less than the per capita income for 16415 ($48,641), 16417 ($41,637), 16430 ($60,719), and Girard township ($40,252). But it's more than 16411 ($30,308), Erie County ($34,285), and Lake City borough ($32,245).

16423$35,592
Girard township$40,252
Lake City borough$32,245
Erie County$34,285

16423 High Income Households

2.9% of households make over $200,000 a year. The percent high income households (2.9%) for 16423 is less than the percent high income households for 16415 (19.9%), 16417 (10.2%), 16430 (16.0%), Erie County (6.1%), Girard township (5.2%), and Lake City borough (4.4%). But it's more than 16411 (0.0%).

164232.9%
Girard township5.2%
Lake City borough4.4%
Erie County6.1%

16423 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
16423$-1$87,109$72,813$56,493
Girard township$-1$107,860$91,118$55,858
Lake City borough$-1$83,000$86,250$54,615
Erie County$30,948$67,078$76,400$47,667

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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 16423 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+
16423+/-$13,166+/-$9,342+/-$3,221+/-2.2%+/-$-1+/-$17,239+/-$36,695+/-$19,955
Girard township+/-$14,086+/-$10,739+/-$5,303+/-3.3%+/-$-1+/-$72,265+/-$23,951+/-$14,133
Lake City borough+/-$17,998+/-$11,242+/-$3,333+/-3.2%+/-$-1+/-$19,424+/-$42,192+/-$30,475
Erie County+/-$1,408+/-$1,438+/-$548+/-0.5%+/-$2,876+/-$4,602+/-$2,465+/-$1,912