What is the median household income in Venango Township (Erie County), PA?
The median household income in Venango Township (Erie County), PA is $80,500 (±$13,981) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,327 a month would take about $53,100 a year at the common guideline of spending no more than 30% of income on rent.
In Venango Township (Erie County), the median household income went from $67,745 in 2015–2019 to $80,500 in 2020–2024 (+18.8%).
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
- $80,500 (±$13,981)
- Median renter income
- $43,083 (±$28,007)
- Income to afford median rent
- about $53,100
Income in Venango Township (Erie County) against Erie County, its state and the nation
| Venango Township (Erie County) | Erie County | Pennsylvania | United States | |
|---|---|---|---|---|
| Median household income | $80,500 (±$13,981) | $63,354 (±$1,812) | $77,971 (±$342) | $80,734 |
| Median renter household income | $43,083 (±$28,007) | $34,870 (±$1,692) | $47,506 (±$425) | $52,966 |
| Median owner household income | $81,679 (±$11,897) | $80,306 (±$2,381) | $95,990 (±$362) | $100,009 |
| Median gross rent | $1,327 (±$291) | $904 (±$20) | $1,209 (±$5) | $1,413 |
In Venango Township (Erie County), median household income is higher than in Erie County ($63,354).
It is not measurably different from Pennsylvania ($77,971).
It is not measurably different from the national figure ($80,734).
In Erie County, Venango Township (Erie County) ranks 12 of 38 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 868 of 2,545.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Venango Township (Erie County)
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $1,327 a month ($15,924 a year) needs an income of about $53,100 a year.
The median renting household in Venango Township (Erie County) earns $43,083 a year, less than that.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $67,745 (±$4,322) | $80,500 (±$13,981) | +18.8% | No measurable change after inflation |
| Median home value | $156,600 (±$14,004) | $203,300 (±$25,484) | +29.8% | 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 Venango Township (Erie County)
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Venango Township (Erie County) | — | $80,500 (±$13,981) | — |
| Wattsburg | 3.3 mi | $53,516 (±$8,816) | Lower |
| Amity Township (Erie County) | 5.1 mi | $79,063 (±$14,831) | Not measurably different |
| Greenfield Township (Erie County) | 5.3 mi | $83,343 (±$4,708) | Not measurably different |
| Greene Township (Erie County) | 6.0 mi | $85,750 (±$7,609) | Not measurably different |
| Town of French Creek | 6.2 mi | $85,577 (±$21,337) | Not measurably different |
| Town of Mina | 8.7 mi | $75,000 (±$11,953) | Not measurably different |
| Wayne Township (Erie County) | 9.8 mi | $73,281 (±$7,795) | Not measurably different |
| Harborcreek Township | 9.8 mi | $87,329 (±$7,794) | Not measurably different |
Nearby places with a measurably lower figure: Wattsburg, PA ($53,516).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Erie County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 6 | Harborcreek Township | $87,329 (±$7,794) |
| 7 | Elk Creek Township | $86,250 (±$13,380) |
| 8 | Greene Township (Erie County) | $85,750 (±$7,609) |
| 9 | McKean Township | $83,736 (±$8,719) |
| 10 | Greenfield Township (Erie County) | $83,343 (±$4,708) |
| 11 | Union Township (Erie County) | $81,326 (±$11,650) |
| 12 | Venango Township (Erie County) | $80,500 (±$13,981) |
| 13 | North East Township | $80,198 (±$6,040) |
| 14 | Amity Township (Erie County) | $79,063 (±$14,831) |
| 15 | Waterford Township | $77,286 (±$10,566) |
| 16 | Millcreek Township (Erie County) | $76,390 (±$4,146) |
| 17 | Springfield Township (Erie County) | $76,296 (±$8,526) |
| 18 | Cranesville | $76,167 (±$16,331) |
Showing 13 of 38 places in Erie 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 Venango Township (Erie County)
What is the median household income in Venango Township (Erie County)?
The median household income in Venango Township (Erie County) is $80,500 (±$13,981) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Venango Township (Erie County)?
About $53,100 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,327 a month.
Have incomes in Venango Township (Erie County) kept up with inflation?
In Venango Township (Erie County), the median household income went from $67,745 in 2015–2019 to $80,500 in 2020–2024 (+18.8%).
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 Venango Township (Erie County)?
The median renting household in Venango Township (Erie County), PA earns $43,083 (±$28,007) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Venango township, Erie County, Pennsylvania
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Venango township, Erie County, Pennsylvania
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Venango township, Erie County, Pennsylvania
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Venango township, Erie County, Pennsylvania
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Venango township, Erie County, Pennsylvania
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Venango township, Erie 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 Venango township, Erie County, Pennsylvania (county subdivision:79928, in state:42 county:049).
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 Venango Township (Erie County) at a glance
- Home values in Venango Township (Erie County)
- Homeowner costs in Venango Township (Erie County)
- Property taxes in Venango Township (Erie County)
- Types of homes in Venango Township (Erie County)
- Age of homes in Venango Township (Erie County)
- Heating fuel in Venango Township (Erie County)
- Commute and cars in Venango Township (Erie County)
- Population growth in Venango Township (Erie County)
- Pennsylvania landlord and tenant rules
- Housing across Erie County
- Pennsylvania places ranked by median household income
- Housing data for every place in Pennsylvania