McKean County PA - Demographics Bradford PA 16701

McKean County
|
Household |
16701 |
Pennsylvania |
|
Number of Households |
5,510 |
4,836,935 |
|
Average Household Size |
2.31 |
2.48 |
|
Household: With Children |
1,773 |
1,553,674 |
|
Household: With no Children |
3,738 |
3,283,261 |
|
Household: Family |
3,390 |
3,220,607 |
|
Household: Non-Family |
2,120 |
1,616,328 |
|
Total Dwelling Units |
6,335 |
5,450,054 |
| Housing |
16701 |
Pennsylvania |
|
Median Home Price |
50,000 |
27% |
|
In Current Residence 5+ Years |
45% |
42% |
|
Annual Residential Turnover |
17% |
17% |
|
Median Years in Residence |
4.34 |
3.99 |
|
Median Dwelling Age |
60 |
43 |
|
Income |
16701 |
Pennsylvania |
|
Median Household Income |
$33,475 |
$45,389 |
|
Average Household Income |
$43,187 |
$58,718 |
|
Average Income Change (since 2000) |
11% |
13% |
|
Per Capita Income |
$18,872 |
$23,603 |
|
Sales Tax Rate |
6% |
6% |
|
Sales Tax Type |
CO |
ST |
|
Median Disposable Income |
$29,668 |
$39,194 |
|
Net Worth |
16701 |
Pennsylvania |
|
Median Household Net Worth |
$36,663 |
$42,528 |
|
Average Household Net Worth |
$126,279 |
$140,489 |
|
Median Home Price |
$50,000 |
$205,500 |
|
Cost of Living |
16701 |
Pennsylvania |
|
Average Total Household Expenditure |
$39,705 |
$48,250 |
|
Household Expenditure Index (100=National Average) |
78 |
95 |
Cost of Living Index (100=National Average)
Employment by Industry Local

Top 10 Employers
1 - ZIPPO MANUFACTURING COMPANY
2 - BRADFORD HOSPITAL
3 - FEDERAL GOVERNMENT
4 - BRADFORD AREA SCHOOL DISTRICT
5 - MCKEAN COUNTY
6 - W R CASE & SONS CUTLERY COMPANY
7 - WAL-MART ASSOCIATES INC
8 - SAINT-GOBAIN CONTAINERS INC
9 - ETHAN ALLEN INC
10 - UNIVERSITY OF PITTSBURGH
RE Comparables:
Range: $1.6 million to $19,000
Sample Size: 381 in 20 mile radius
200K+: 68
199K-100K: 65
99K-50K: 150
49K-19K: 98
Overall average house price for 20 mile radius: $205,500.00
Most significant changes in area economy over last 5 years: Oil and Gas well drilling permits up by 181 new applications and Deep oil vain geological find 2007. Seneca Allegany Casino opened with completed construction in 2007 & Median household income up 15% from 1997 to 2007. Average high end housing price up from 200K to 500K over last 10 years.
Local Amenities:
5 Golf courses within a 25 mile area
Seneca Allegany Casino (Concert hall opened Jan. 2008)
Hamlin Lake
(Large playground, picnic area, Skateboard Park, Tennis courts, fishing)
Allegany National Forest & Kinzu reservoir
(Boating, Camping, ATV Trails, & Fishing)
3 Ski Resorts within a 50 mile radius (Denton Hill, Peak & Peak, Holiday Valley)
Chautauqua Lake
Chautauqua Institute
ZIPPO/Case Visitors center
Arms & Armor Museum
Eldred WWII History Museum
Malls & Shopping centers in Bradford, Salamanca, and Olean within 25 mile radius.

Hamlin Lake Smethport

Kinzua Reservoir