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16724 Map

16724 Income Statistics

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Comparison to Surrounding Areas

16724 Median Household Income

The median household income ($69,375) for 16724 is more than 16749 ($62,917), McKean County ($57,861), and Norwich township ($61,250).

16724$69,375
Norwich township$61,250
McKean County$57,861

16724 Average Household Income

The average household income ($64,484) for 16724 is less than 16749 ($86,213), McKean County ($74,725), and Norwich township ($68,170).

16724$64,484
Norwich township$68,170
McKean County$74,725

16724 Per-Capita Income

The per-capita income for 16724 is $28,300. The per capita income ($28,300) for 16724 is less than the per capita income for 16749 ($34,927) and McKean County ($30,278). But it's more than Norwich township ($27,207).

16724$28,300
Norwich township$27,207
McKean County$30,278

16724 High Income Households

0.0% of households make over $200,000 a year. The percent high income households (0.0%) for 16724 is less than 16749 (4.3%) and McKean County (3.9%). And it's the same as Norwich township (0.0%).

167240.0%
Norwich township0.0%
McKean County3.9%

16724 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
16724$-1$-1$84,167$38,393
Norwich township$-1$109,375$73,542$40,000
McKean County$51,250$65,020$71,454$42,633

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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 16724 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+
16724+/-$42,393+/-$15,360+/-$6,122+/-51.2%+/-$-1+/-$-1+/-$4,463+/-$6,244
Norwich township+/-$27,182+/-$8,118+/-$3,223+/-13.4%+/-$-1+/-$25,938+/-$53,778+/-$14,874
McKean County+/-$2,748+/-$3,246+/-$1,347+/-0.7%+/-$7,948+/-$6,772+/-$4,745+/-$3,452