16240 Income Statistics

Comparison to Surrounding Areas

16240 Median Household Income

The median household income ($58,281) for 16240 is less than the median household income for 15864 ($65,859), 15784 ($82,500), 15778 ($72,500), 16224 ($74,643), 16222 ($64,688), Armstrong County ($65,008), Clarion County ($62,649), Jefferson County ($58,686), Ringgold township ($62,000), Beaver township ($70,000), Redbank township ($63,571), and Limestone township ($74,485). But it's more than 15767 ($50,589), 15770 ($43,250), 16230 ($46,932), 16242 ($55,677), Porter township ($46,406), Timblin borough ($57,500), and Redbank township ($51,667).

16240$58,281
Timblin borough$57,500
Beaver township$70,000
Porter township$46,406
Ringgold township$62,000
Redbank township$51,667
Limestone township$74,485
Redbank township$63,571
Clarion County$62,649
Jefferson County$58,686
Armstrong County$65,008

Get Median Household Income for all Zip Codes in Pennsylvania.

16240 Average Household Income

The average household income ($72,720) for 16240 is less than the average household income for 16242 ($80,265), 15778 ($87,221), 15784 ($72,780), 15864 ($83,070), 16222 ($78,578), 16224 ($79,596), Armstrong County ($83,098), Clarion County ($78,991), Jefferson County ($76,614), Limestone township ($86,838), Porter township ($89,728), and Ringgold township ($73,252). But it's more than 15767 ($72,508), 15770 ($61,247), 16230 ($61,298), Redbank township ($66,118), Timblin borough ($67,131), Redbank township ($67,487), and Beaver township ($72,682).

16240$72,720
Timblin borough$67,131
Beaver township$72,682
Porter township$89,728
Ringgold township$73,252
Redbank township$66,118
Limestone township$86,838
Redbank township$67,487
Clarion County$78,991
Jefferson County$76,614
Armstrong County$83,098

Get Average Household Income for all Zip Codes in Pennsylvania.

16240 Per-Capita Income

The per-capita income for 16240 is $29,813. The per capita income ($29,813) for 16240 is less than the per capita income for 15864 ($33,399), 15784 ($43,351), 15767 ($31,533), 16242 ($33,025), 16224 ($36,525), Armstrong County ($35,893), Clarion County ($32,832), Jefferson County ($32,564), Porter township ($32,777), Redbank township ($30,240), Limestone township ($32,621), and Redbank township ($30,263). But it's more than 15770 ($27,781), 15778 ($19,768), 16222 ($25,275), 16230 ($24,040), Ringgold township ($24,347), Timblin borough ($19,622), and Beaver township ($29,402).

16240$29,813
Timblin borough$19,622
Beaver township$29,402
Porter township$32,777
Ringgold township$24,347
Redbank township$30,263
Limestone township$32,621
Redbank township$30,240
Clarion County$32,832
Jefferson County$32,564
Armstrong County$35,893

Get Per-Capita Income for all Zip Codes in Pennsylvania.

16240 High Income Households

3.1% of households make over $200,000 a year. The percent high income households (3.1%) for 16240 is less than the percent high income households for 16242 (5.1%), 15767 (5.3%), 15770 (3.5%), 16224 (3.2%), 16230 (4.1%), Clarion County (4.5%), Jefferson County (4.1%), Armstrong County (4.7%), and Porter township (3.5%). But it's more than 15778 (0.0%), 15784 (0.0%), 15864 (2.6%), 16222 (1.7%), Redbank township (1.5%), Timblin borough (0.0%), Limestone township (2.7%), Redbank township (2.0%), and Beaver township (1.5%). And it's the same as Ringgold township (3.1%).

162403.1%
Timblin borough0.0%
Beaver township1.5%
Porter township3.5%
Ringgold township3.1%
Redbank township1.5%
Limestone township2.7%
Redbank township2.0%
Clarion County4.5%
Jefferson County4.1%
Armstrong County4.7%

Get High Income Households for all Zip Codes in Pennsylvania.

16240 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
16240$59,167$83,393$53,839$46,750
Timblin borough$48,750$85,625$76,250$48,333
Beaver township$-1$74,375$75,938$55,000
Porter township$-1$114,444$48,750$26,250
Ringgold township$-1$56,500$91,250$44,500
Redbank township$115,625$80,417$52,813$29,167
Limestone township$-1$84,375$91,250$57,321
Redbank township$-1$96,563$62,188$55,000
Clarion County$35,338$78,443$74,864$44,144
Jefferson County$43,068$71,374$72,776$42,065
Armstrong County$49,592$78,165$81,557$47,679

Get Median Household Income by Age of Householder for all Zip Codes in Pennsylvania.

16240 Map

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About the Data

Data Sources

All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2024 5-year estimates. You can find this information and other demographics for 16240 on the US Census Bureau’s website. These values are in 2024 inflation-adjusted dollars and were downloaded on 29 January 2026.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2024 inflation-adjusted dollars) By Age Of Householder

Margins of Error

Margins of error for the 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+
16240+/-$9,045+/-$8,947+/-$3,056+/-2.0%+/-$31,377+/-$34,550+/-$13,119+/-$9,363
Timblin borough+/-$14,999+/-$8,903+/-$5,426+/-40.4%+/-$18,862+/-$35,941+/-$29,993+/-$11,080
Beaver township+/-$14,300+/-$11,969+/-$4,964+/-1.8%+/-$-1+/-$19,644+/-$20,608+/-$16,890
Porter township+/-$20,728+/-$32,654+/-$13,710+/-5.4%+/-$-1+/-$7,032+/-$45,136+/-$8,750
Ringgold township+/-$15,791+/-$11,678+/-$3,214+/-2.4%+/-$-1+/-$30,482+/-$31,652+/-$24,806
Redbank township+/-$4,897+/-$10,456+/-$3,548+/-2.1%+/-$69,551+/-$62,046+/-$8,391+/-$11,908
Limestone township+/-$9,782+/-$6,428+/-$2,843+/-1.3%+/-$-1+/-$21,433+/-$25,298+/-$16,595
Redbank township+/-$7,817+/-$7,783+/-$3,486+/-1.7%+/-$-1+/-$28,266+/-$12,478+/-$14,362
Clarion County+/-$2,439+/-$2,245+/-$870+/-0.6%+/-$15,533+/-$7,740+/-$4,490+/-$2,449
Jefferson County+/-$2,154+/-$2,801+/-$1,028+/-0.7%+/-$17,948+/-$4,148+/-$3,842+/-$3,260
Armstrong County+/-$1,881+/-$2,482+/-$976+/-0.6%+/-$12,584+/-$6,039+/-$2,752+/-$2,906