What is the median household income in Hamilton Township (McKean County), PA?
The median household income in Hamilton Township (McKean County), PA is $46,250 (±$14,079) a year (2020–2024 American Community Survey).
In Hamilton Township (McKean County), the median household income went from $56,250 in 2015–2019 to $46,250 in 2020–2024 (−17.8%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $46,250 (±$14,079)
- Median renter income
- $21,000 (±$8,539)
Income in Hamilton Township (McKean County) against McKean County, its state and the nation
| Hamilton Township (McKean County) | McKean County | Pennsylvania | United States | |
|---|---|---|---|---|
| Median household income | $46,250 (±$14,079) | $62,905 (±$3,125) | $77,971 (±$342) | $80,734 |
| Median renter household income | $21,000 (±$8,539) | $38,542 (±$3,697) | $47,506 (±$425) | $52,966 |
| Median owner household income | $50,208 (±$10,324) | $72,986 (±$3,242) | $95,990 (±$362) | $100,009 |
| Median gross rent | — | $809 (±$28) | $1,209 (±$5) | $1,413 |
In Hamilton Township (McKean County), median household income is lower than in McKean County ($62,905).
It is also lower than in Pennsylvania ($77,971).
It is lower than the national figure ($80,734).
In McKean County, Hamilton Township (McKean County) ranks 21 of 22 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 2408 of 2,545.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $56,250 (±$27,262) | $46,250 (±$14,079) | −17.8% | No measurable change after inflation |
| Median home value | $64,600 (±$8,750) | $97,500 (±$27,772) | +50.9% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Hamilton Township (McKean County)
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Hamilton Township (McKean County) | — | $46,250 (±$14,079) | — |
| Mead Township | 6.9 mi | $54,076 (±$5,371) | Not measurably different |
| Wetmore Township | 8.8 mi | $82,988 (±$3,674) | Higher |
| Kane | 9.8 mi | $52,353 (±$5,173) | Not measurably different |
| Sheffield Township | 9.8 mi | $58,042 (±$14,413) | Not measurably different |
| Corydon Township | 10.0 mi | $68,750 (±$10,820) | Higher |
| Glade Township | 10 mi | $73,388 (±$14,887) | Higher |
| Lafayette Township | 10 mi | $66,700 (±$10,445) | Higher |
| Hamlin Township | 11 mi | $51,000 (±$4,714) | Not measurably different |
Nearby places with a measurably higher figure: Wetmore Township, PA ($82,988), Corydon Township, PA ($68,750), Glade Township, PA ($73,388).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across McKean County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 15 | Otto Township | $53,214 (±$11,044) |
| 16 | Mount Jewett | $53,125 (±$7,977) |
| 17 | Kane | $52,353 (±$5,173) |
| 18 | Hamlin Township | $51,000 (±$4,714) |
| 19 | Liberty Township (McKean County) | $50,361 (±$3,926) |
| 20 | Eldred | $49,063 (±$12,508) |
| 21 | Hamilton Township (McKean County) | $46,250 (±$14,079) |
| 22 | Sergeant Township | $38,333 (±$18,275) |
Showing 8 of 22 places in McKean County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Hamilton Township (McKean County)
What is the median household income in Hamilton Township (McKean County)?
The median household income in Hamilton Township (McKean County) is $46,250 (±$14,079) a year (2020–2024 American Community Survey).
Have incomes in Hamilton Township (McKean County) kept up with inflation?
In Hamilton Township (McKean County), the median household income went from $56,250 in 2015–2019 to $46,250 in 2020–2024 (−17.8%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Hamilton Township (McKean County)?
The median renting household in Hamilton Township (McKean County), PA earns $21,000 (±$8,539) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Hamilton township, McKean County, Pennsylvania
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Hamilton township, McKean County, Pennsylvania
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Hamilton township, McKean County, Pennsylvania
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Hamilton township, McKean County, Pennsylvania
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Hamilton township, McKean County, Pennsylvania
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Hamilton township, McKean County, Pennsylvania
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Hamilton township, McKean County, Pennsylvania (county subdivision:32168, in state:42 county:083).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Hamilton Township (McKean County) at a glance
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- Homeowner costs in Hamilton Township (McKean County)
- Property taxes in Hamilton Township (McKean County)
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- Pennsylvania landlord and tenant rules
- Housing across McKean County
- Pennsylvania places ranked by median household income
- Housing data for every place in Pennsylvania