16123 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: Beaver County
Centroid: Latitude 40.813, Longitude -80.198
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 16123 has segments in 2 Counties (Beaver, Lawrence).

Businesses Addresses: 24
PO Box Addresses: 0
Residential Addresses: 923

Multi-Family Addresses: 0
Single Family Addresses: 923

The ZIP Code maps and database are updated 4 times per year.
Database updated: July 1, 2023, Maps updated: May 3, 2023.

Fombell, PA 16123 Data & Demographics (As of July 1, 2023)

POPULATION
Total Population	2,097 (100%)
Population in Households	2,097 (100.0%)
Population in Families	1,785 (85.1%)
Population in Group Quarters¹	0
Population Density	96
Diversity Index²	11


INCOME
Median Household Income	$86,378
Average Household Income	$109,590
% of Income for Mortgage⁴	21%
Per Capita Income	$46,094
Wealth Index⁵	106
Socioeconomic Status Index⁶	Moderate (60.7)

HOUSING
Total HU (Housing Units)	978 (100%)
Owner Occupied HU	650 (66.5%)
Renter Occupied HU	232 (23.7%)
Vacant Housing Units	96 ( 9.8%)
Median Home Value	$307,527
Average Home Value	$367,308
Housing Affordability Index³	103

HOUSEHOLDS
Total Households	882
Average Household Size	2.38
Family Households	616
Average Family Size	3.00

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 races 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 % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
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.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Fombell, PA 16123 - Peer Comparisons by Rank and Percentile

The table below compares 16123 to the other 1,685 ZIP Codes in Pennsylvania by rank and percentile using July 1, 2023 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	2020-2023	2023-2028
Population	-0.64%	-0.34%
Households	-0.14%	-0.07%
Families		-0.07%
Median Household Income		2.08%
Per Capita Income		3.38%
Owner Occupied HU		0.31%

Variable Description	Rank	Percentile
Total Population	# 938	44th
Population Density	# 1127	33rd
Median Household Income	# 313	81st
Housing Affordability Index	# 604	36th
Per Capita Income	# 313	81st
Diversity Index	# 1263	25th

16123 ZIP Code Profile, Map, Data & Demographics

ZIP Code 16123: Basic Data & USPS Preferred City Name

Fombell, PA 16123 Data & Demographics (As of July 1, 2023)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Fombell, PA 16123 - Peer Comparisons by Rank and Percentile

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