16046 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Butler County
Centroid: Latitude 40.698, Longitude -80.066
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 16046 has segments in 2 Counties (Allegheny, Butler).

Businesses Addresses: 479
PO Box Addresses: 718
Residential Addresses: 6,504

Multi-Family Addresses: 118
Single Family Addresses: 6,386

The ZIP Code maps and database are updated 4 times per year.
Database updated: April 1, 2020, Maps updated: May 1, 2020.

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Mars, PA 16046 Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX
Mars, PA 16046 Housing Affordability Index is 159 State of Pennsylvania Housing Affordability Index is 131
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX
Mars, PA 16046 Wealth Index is 210 State of Pennsylvania Wealth Index is 99
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

POPULATION
Total Population	17,320 (100%)
Population in Households	17,008 (98.2%)
Population in Families	14,651 (84.6%)
Population in Group Quarters¹	312 ( 1.8%)
Population Density	799
Diversity Index²	17

INCOME
Median Household Income	$115,577
Average Household Income	$151,606
Per Capita Income	$58,908
Wealth Index⁴	210

HOUSING
Total Housing Units	7,017 (100%)
Owner Occupied HU	5,177 (73.8%)
Renter Occupied HU	1,548 (22.1%)
Vacant Housing Units	292 ( 4.2%)
Median Home Value	$376,527
Housing Affordability Index³	159

HOUSEHOLDS
Total Households	6,725
Average Household Size	2.53
Family Households	4,825
Average Family Size	3

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Mars, PA 16046 - Peer Comparisons by Rank and Percentile

The table below compares 16046 to the other 1,684 ZIP Codes in Pennsylvania by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2010-2019	2019-2024
Population	2.22%	1.38%
Households	2.35%	1.49%
Families	2.25%	1.38%
Median Household Income		2.07%
Per Capita Income		1.99%

Variable Description	Rank	Percentile
Total Population	# 239	86th
Population Density	# 503	70th
Diversity Index	# 623	64th
Median Household Income	# 47	97th
Per Capita Income	# 57	97th

Mars, PA 16046 ZIP Code Profile

ZIP Code 16046: Basic Data & USPS Preferred City Name

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Mars, PA 16046 Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

WEALTH INDEX

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Mars, PA 16046 - Peer Comparisons by Rank and Percentile

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