16059 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Butler County
Centroid: Latitude 40.704, Longitude -79.918
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 16059 has segments in 2 Counties (Allegheny, Butler).

Businesses Addresses: 191
PO Box Addresses: 97
Residential Addresses: 3,749

Multi-Family Addresses: 0
Single Family Addresses: 3,749

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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Valencia, PA 16059 Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX
Valencia, PA 16059 Housing Affordability Index is 136 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
Valencia, PA 16059 Wealth Index is 163 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	8,744 (100%)
Population in Households	8,679 (99.3%)
Population in Families	7,326 (83.8%)
Population in Group Quarters¹	65 ( 0.7%)
Population Density	329
Diversity Index²	7

INCOME
Median Household Income	$77,802
Average Household Income	$106,029
Per Capita Income	$43,861
Wealth Index⁴	163

HOUSING
Total Housing Units	3,796 (100%)
Owner Occupied HU	3,020 (79.6%)
Renter Occupied HU	596 (15.7%)
Vacant Housing Units	180 ( 4.7%)
Median Home Value	$292,203
Housing Affordability Index³	136

HOUSEHOLDS
Total Households	3,616
Average Household Size	2.4
Family Households	2,548
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.

Valencia, PA 16059 - Peer Comparisons by Rank and Percentile

The table below compares 16059 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	1.11%	0.89%
Households	1.3%	1.05%
Families	1.07%	0.88%
Median Household Income		2.24%
Per Capita Income		2.2%

Variable Description	Rank	Percentile
Total Population	# 462	73rd
Population Density	# 748	56th
Diversity Index	# 1160	31st
Median Household Income	# 221	87th
Per Capita Income	# 158	91st

Valencia, PA 16059 ZIP Code Profile

ZIP Code 16059: Basic Data & USPS Preferred City Name

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Valencia, PA 16059 Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

WEALTH INDEX

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Valencia, PA 16059 - Peer Comparisons by Rank and Percentile

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