16720 Map

16720 Income Statistics

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Comparison to Surrounding Areas

16720 Median Household Income

The median household income ($50,938) for 16720 is less than the median household income for 16743 ($53,846), 15861 ($76,563), 16915 ($65,677), 16749 ($70,114), 16746 ($60,606), McKean County ($61,705), Potter County ($59,840), Portage township ($57,361), Summit township ($84,375), Keating township ($55,000), Norwich township ($68,125), Shippen township ($61,250), Portage township ($57,083), and Grove township ($86,563). But it's more than 17764 ($40,847), 15832 ($40,139), 15834 ($47,880), 17729 ($44,375), Cameron County ($47,681), Austin borough ($47,386), Sylvania township ($48,125), and Wharton township ($47,500).

16720$50,938
Wharton township$47,500
Portage township$57,361
Summit township$84,375
Sylvania township$48,125
Grove township$86,563
Portage township$57,083
Shippen township$61,250
Norwich township$68,125
Austin borough$47,386
Keating township$55,000
McKean County$61,705
Potter County$59,840
Cameron County$47,681

16720 Average Household Income

The average household income ($66,489) for 16720 is less than the average household income for 16743 ($75,847), 15861 ($102,660), 16915 ($83,912), 16749 ($89,955), 16746 ($68,173), McKean County ($79,327), Potter County ($74,947), Summit township ($261,067), Wharton township ($70,309), Portage township ($71,503), Keating township ($74,225), Norwich township ($71,501), Shippen township ($67,891), and Grove township ($116,495). But it's more than 17764 ($54,434), 15832 ($54,291), 15834 ($58,859), 17729 ($49,789), Cameron County ($59,531), Portage township ($66,441), Austin borough ($65,174), and Sylvania township ($54,459).

16720$66,489
Wharton township$70,309
Portage township$71,503
Summit township$261,067
Sylvania township$54,459
Grove township$116,495
Portage township$66,441
Shippen township$67,891
Norwich township$71,501
Austin borough$65,174
Keating township$74,225
McKean County$79,327
Potter County$74,947
Cameron County$59,531

16720 Per-Capita Income

The per-capita income for 16720 is $29,511. The per capita income ($29,511) for 16720 is less than the per capita income for 15861 ($51,592), 15832 ($30,116), 17729 ($30,267), 16915 ($34,778), 16749 ($38,027), 16746 ($32,414), 16743 ($29,841), McKean County ($32,353), Potter County ($31,841), Wharton township ($35,916), Summit township ($107,674), Portage township ($32,743), Keating township ($34,687), Shippen township ($30,528), Portage township ($33,516), and Grove township ($57,953). But it's more than 15834 ($28,624), 17764 ($26,756), Cameron County ($29,242), Norwich township ($28,194), Austin borough ($26,309), and Sylvania township ($28,653).

16720$29,511
Wharton township$35,916
Portage township$32,743
Summit township$107,674
Sylvania township$28,653
Grove township$57,953
Portage township$33,516
Shippen township$30,528
Norwich township$28,194
Austin borough$26,309
Keating township$34,687
McKean County$32,353
Potter County$31,841
Cameron County$29,242

16720 High Income Households

1.9% of households make over $200,000 a year. The percent high income households (1.9%) for 16720 is less than the percent high income households for 16743 (2.6%), 15834 (2.1%), 15861 (7.3%), 17764 (2.8%), 16915 (4.5%), 16749 (4.5%), Cameron County (2.2%), McKean County (4.7%), Potter County (3.4%), Wharton township (5.4%), Summit township (30.2%), Keating township (3.0%), and Grove township (9.3%). But it's more than 15832 (1.3%), 16746 (0.6%), 17729 (1.1%), Austin borough (1.7%), Portage township (0.0%), Sylvania township (0.0%), Portage township (0.0%), Shippen township (1.1%), and Norwich township (0.0%).

167201.9%
Wharton township5.4%
Portage township0.0%
Summit township30.2%
Sylvania township0.0%
Grove township9.3%
Portage township0.0%
Shippen township1.1%
Norwich township0.0%
Austin borough1.7%
Keating township3.0%
McKean County4.7%
Potter County3.4%
Cameron County2.2%

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$56,563$53,214$42,188
Wharton township$-1$34,750$73,750$41,250
Portage township$-1$101,250$73,750$39,375
Summit township$-1$-1$216,250$29,792
Sylvania township$-1$-1$76,250$58,125
Grove township$-1$-1$115,750$75,000
Portage township$-1$95,417$70,625$43,750
Shippen township$-1$55,750$87,938$49,038
Norwich township$-1$114,688$65,000$45,000
Austin borough$-1$52,031$46,477$43,906
Keating township$-1$114,583$54,375$28,750
McKean County$54,837$70,870$74,438$45,843
Potter County$46,053$75,833$69,363$44,947
Cameron County$26,406$37,460$69,208$40,078

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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 16720 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+
16720+/-$4,670+/-$5,190+/-$2,202+/-1.0%+/-$-1+/-$14,631+/-$20,153+/-$6,362
Wharton township+/-$16,466+/-$13,914+/-$7,642+/-5.0%+/-$-1+/-$30,684+/-$49,616+/-$15,600
Portage township+/-$30,651+/-$12,338+/-$6,581+/-31.1%+/-$-1+/-$99,284+/-$21,571+/-$23,453
Summit township+/-$34,582+/-$108,001+/-$42,129+/-15.4%+/-$-1+/-$-1+/-$197,153+/-$21,859
Sylvania township+/-$28,209+/-$11,152+/-$4,240+/-45.6%+/-$-1+/-$-1+/-$22,979+/-$22,509
Grove township+/-$18,856+/-$74,289+/-$40,953+/-12.8%+/-$-1+/-$-1+/-$61,685+/-$42,006
Portage township+/-$13,120+/-$12,067+/-$6,005+/-35.6%+/-$-1+/-$43,625+/-$18,753+/-$12,129
Shippen township+/-$6,850+/-$5,520+/-$2,283+/-1.2%+/-$-1+/-$27,548+/-$10,936+/-$9,711
Norwich township+/-$27,020+/-$11,348+/-$4,006+/-15.7%+/-$-1+/-$21,405+/-$54,006+/-$29,689
Austin borough+/-$7,503+/-$6,767+/-$3,042+/-1.5%+/-$-1+/-$12,588+/-$5,959+/-$13,547
Keating township+/-$10,220+/-$13,135+/-$5,280+/-2.9%+/-$-1+/-$30,265+/-$53,756+/-$18,110
McKean County+/-$3,002+/-$3,723+/-$1,500+/-0.9%+/-$7,486+/-$5,101+/-$4,644+/-$2,710
Potter County+/-$2,455+/-$2,355+/-$922+/-0.6%+/-$5,354+/-$10,881+/-$4,580+/-$2,577
Cameron County+/-$4,326+/-$4,730+/-$1,974+/-1.5%+/-$14,146+/-$22,161+/-$11,342+/-$4,448