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16506 Map

16506 Income Statistics

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Comparison to Surrounding Areas

16506 Median Household Income

The median household income ($84,021) for 16506 is less than the median household income for 16415 ($105,604), Fairview township ($104,375), and McKean township ($92,333). But it's more than 16509 ($68,880), 16502 ($34,649), 16505 ($71,370), 16508 ($52,361), 16426 ($79,554), Erie County ($61,476), Millcreek township ($76,910), and Summit township ($70,542).

16506$84,021
Fairview township$104,375
McKean township$92,333
Millcreek township$76,910
Summit township$70,542
Erie County$61,476

16506 Average Household Income

The average household income ($106,280) for 16506 is less than the average household income for 16415 ($136,697), Fairview township ($136,076), and McKean township ($108,329). But it's more than 16509 ($87,202), 16502 ($51,410), 16505 ($102,077), 16508 ($65,239), 16426 ($98,582), Erie County ($82,408), Millcreek township ($101,197), and Summit township ($88,869).

16506$106,280
Fairview township$136,076
McKean township$108,329
Millcreek township$101,197
Summit township$88,869
Erie County$82,408

16506 Per-Capita Income

The per-capita income for 16506 is $44,224. The per capita income ($44,224) for 16506 is less than the per capita income for 16415 ($48,641), 16505 ($49,088), and Fairview township ($49,094). But it's more than 16509 ($38,566), 16426 ($41,514), 16502 ($23,450), 16508 ($30,455), Erie County ($34,285), McKean township ($43,199), Millcreek township ($43,477), and Summit township ($42,333).

16506$44,224
Fairview township$49,094
McKean township$43,199
Millcreek township$43,477
Summit township$42,333
Erie County$34,285

16506 High Income Households

10.7% of households make over $200,000 a year. The percent high income households (10.7%) for 16506 is less than the percent high income households for 16415 (19.9%) and Fairview township (22.6%). But it's more than 16509 (6.6%), 16426 (6.8%), 16502 (1.9%), 16505 (9.9%), 16508 (2.1%), Erie County (6.1%), McKean township (7.8%), Millcreek township (9.2%), and Summit township (8.4%).

1650610.7%
Fairview township22.6%
McKean township7.8%
Millcreek township9.2%
Summit township8.4%
Erie County6.1%

16506 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
16506$48,103$102,806$108,931$54,844
Fairview township$-1$131,053$99,730$70,833
McKean township$-1$80,795$118,385$69,276
Millcreek township$43,663$91,989$101,430$52,199
Summit township$-1$90,101$74,167$65,203
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 16506 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+
16506+/-$6,198+/-$5,495+/-$2,302+/-1.9%+/-$9,218+/-$9,207+/-$10,020+/-$8,478
Fairview township+/-$11,482+/-$12,068+/-$4,497+/-5.0%+/-$-1+/-$35,156+/-$29,859+/-$14,799
McKean township+/-$22,647+/-$11,894+/-$4,704+/-3.2%+/-$-1+/-$45,868+/-$18,283+/-$26,493
Millcreek township+/-$4,572+/-$3,898+/-$1,625+/-1.5%+/-$6,054+/-$7,311+/-$9,221+/-$6,883
Summit township+/-$4,949+/-$11,292+/-$5,039+/-3.1%+/-$-1+/-$38,467+/-$8,019+/-$11,395
Erie County+/-$1,408+/-$1,438+/-$548+/-0.5%+/-$2,876+/-$4,602+/-$2,465+/-$1,912