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16720 Income Statistics

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Comparison to Surrounding Areas

16720 Median Household Income

The median household income ($49,009) for 16720 is less than the median household income for 16743 ($56,307), 15861 ($74,286), 16915 ($60,000), 16749 ($62,917), 16746 ($60,313), McKean County ($57,861), Potter County ($56,491), Portage township ($70,250), Summit township ($70,417), Sylvania township ($56,250), Keating township ($50,833), Norwich township ($61,250), Shippen township ($56,984), Portage township ($53,000), and Grove township ($80,625). But it's more than 15832 ($37,857), 15834 ($46,209), 17729 ($48,750), 17764 ($40,990), Cameron County ($46,186), Austin borough ($42,708), and Wharton township ($43,125).

16720$49,009
Wharton township$43,125
Portage township$70,250
Summit township$70,417
Sylvania township$56,250
Grove township$80,625
Portage township$53,000
Shippen township$56,984
Norwich township$61,250
Austin borough$42,708
Keating township$50,833
McKean County$57,861
Potter County$56,491
Cameron County$46,186

16720 Average Household Income

The average household income ($63,451) for 16720 is less than the average household income for 16743 ($77,434), 15861 ($106,867), 16915 ($78,373), 16749 ($86,213), 16746 ($68,112), McKean County ($74,725), Potter County ($70,333), Portage township ($72,068), Summit township ($205,469), Wharton township ($67,787), Keating township ($75,251), Norwich township ($68,170), Shippen township ($66,171), Portage township ($64,922), and Grove township ($119,406). But it's more than 15832 ($50,005), 15834 ($56,612), 17729 ($50,115), 17764 ($54,369), Cameron County ($57,495), Austin borough ($60,859), and Sylvania township ($54,474).

16720$63,451
Wharton township$67,787
Portage township$72,068
Summit township$205,469
Sylvania township$54,474
Grove township$119,406
Portage township$64,922
Shippen township$66,171
Norwich township$68,170
Austin borough$60,859
Keating township$75,251
McKean County$74,725
Potter County$70,333
Cameron County$57,495

16720 Per-Capita Income

The per-capita income for 16720 is $27,377. The per capita income ($27,377) for 16720 is less than the per capita income for 16746 ($30,337), 16743 ($30,416), 15861 ($54,178), 17729 ($27,570), 16915 ($32,647), 16749 ($34,927), Cameron County ($27,426), McKean County ($30,278), Potter County ($29,629), Sylvania township ($27,574), Wharton township ($35,170), Summit township ($91,331), Portage township ($32,273), Keating township ($34,539), Shippen township ($28,141), Portage township ($32,140), and Grove township ($60,643). But it's more than 15832 ($27,049), 15834 ($26,734), 17764 ($26,279), Norwich township ($27,207), and Austin borough ($24,278).

16720$27,377
Wharton township$35,170
Portage township$32,273
Summit township$91,331
Sylvania township$27,574
Grove township$60,643
Portage township$32,140
Shippen township$28,141
Norwich township$27,207
Austin borough$24,278
Keating township$34,539
McKean County$30,278
Potter County$29,629
Cameron County$27,426

16720 High Income Households

2.6% of households make over $200,000 a year. The percent high income households (2.6%) for 16720 is more than 15861 (8.3%), 15834 (1.7%), 15832 (0.8%), 17764 (2.5%), 17729 (0.0%), 16915 (3.5%), 16749 (4.3%), 16746 (0.8%), 16743 (3.1%), Cameron County (1.9%), McKean County (3.9%), Potter County (2.9%), Wharton township (8.5%), Sylvania township (0.0%), Summit township (23.5%), Portage township (2.1%), Keating township (7.8%), Austin borough (2.2%), Norwich township (0.0%), Shippen township (0.2%), Portage township (0.0%), and Grove township (10.2%).

167202.6%
Wharton township8.5%
Portage township2.1%
Summit township23.5%
Sylvania township0.0%
Grove township10.2%
Portage township0.0%
Shippen township0.2%
Norwich township0.0%
Austin borough2.2%
Keating township7.8%
McKean County3.9%
Potter County2.9%
Cameron County1.9%

16720 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
16720$-1$54,750$51,250$41,000
Wharton township$-1$-1$86,875$-1
Portage township$-1$62,500$75,208$51,875
Summit township$-1$-1$155,000$36,875
Sylvania township$-1$-1$74,375$57,083
Grove township$-1$-1$81,250$73,750
Portage township$-1$85,833$68,750$39,219
Shippen township$-1$56,250$85,662$50,326
Norwich township$-1$109,375$73,542$40,000
Austin borough$-1$53,333$38,750$40,893
Keating township$-1$80,625$51,250$31,250
McKean County$51,250$65,020$71,454$42,633
Potter County$44,250$68,405$65,779$42,830
Cameron County$30,750$46,886$56,094$40,875

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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 16720 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+
16720+/-$4,938+/-$7,875+/-$3,190+/-2.1%+/-$-1+/-$16,708+/-$22,947+/-$9,557
Wharton township+/-$15,518+/-$15,176+/-$9,074+/-7.3%+/-$-1+/-$-1+/-$41,113+/-$-1
Portage township+/-$7,980+/-$11,563+/-$7,152+/-5.6%+/-$-1+/-$42,343+/-$11,229+/-$47,374
Summit township+/-$24,845+/-$60,607+/-$29,558+/-9.2%+/-$-1+/-$-1+/-$147,939+/-$20,722
Sylvania township+/-$22,285+/-$9,372+/-$4,111+/-45.6%+/-$-1+/-$-1+/-$21,254+/-$18,484
Grove township+/-$13,912+/-$69,707+/-$41,779+/-11.2%+/-$-1+/-$-1+/-$60,819+/-$44,482
Portage township+/-$14,772+/-$11,226+/-$5,884+/-31.4%+/-$-1+/-$24,043+/-$41,274+/-$5,991
Shippen township+/-$6,996+/-$5,512+/-$2,358+/-0.4%+/-$-1+/-$15,669+/-$16,101+/-$8,160
Norwich township+/-$27,182+/-$8,118+/-$3,223+/-13.4%+/-$-1+/-$25,938+/-$53,778+/-$14,874
Austin borough+/-$9,867+/-$8,228+/-$3,259+/-2.2%+/-$-1+/-$22,374+/-$8,247+/-$10,711
Keating township+/-$11,079+/-$19,045+/-$8,736+/-7.2%+/-$-1+/-$61,481+/-$40,434+/-$21,905
McKean County+/-$2,748+/-$3,246+/-$1,347+/-0.7%+/-$7,948+/-$6,772+/-$4,745+/-$3,452
Potter County+/-$2,495+/-$2,495+/-$911+/-0.5%+/-$9,521+/-$1,995+/-$4,159+/-$2,780
Cameron County+/-$2,605+/-$4,671+/-$1,998+/-1.4%+/-$21,253+/-$3,734+/-$13,860+/-$5,562