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Demographics
Population
Median Income
Racial Distributions
The zip code 16426 in McKean, Pennsylvania, is classified as a "Low Diversity" area with a "White Majority" as of 2022. The racial composition shows 97% of the population identifying as white and 2% identifying as two or more races. The median income for 2022 was $76,144, exceeding the national median income. This indicates a homogeneous, predominantly white community with above-average economic status.
Over the past decade, McKean has maintained its "Low Diversity" status with a strong "White Majority". From 2013 to 2022, the white population remained above 95%, showing minor fluctuations. A slight increase in diversity occurred, with the percentage of residents identifying as two or more races growing from 0% in 2013 to 2% in 2022. This change is not significant enough to alter the community's overall diversity classification.
The area has not experienced major transitions between diversity categories over the observed period. The stability in racial composition indicates a community without significant demographic changes or influxes of new racial groups.
The median income in McKean has shown an upward trend over the past decade, increasing from $61,360 in 2013 to $76,144 in 2022, a rise of about 24%. This growth suggests improving economic conditions for residents.
A notable increase in median income occurred between 2017 and 2019, rising from $63,923 to $79,386. This period coincides with a slight increase in racial diversity, as the percentage of residents identifying as two or more races grew from 1% to 3%. The correlation between increased diversity and economic growth is noted, though causation is not implied.
The population has remained relatively stable, fluctuating between about 3,100 and 3,400 residents over the decade. This stability, combined with the increasing median income, suggests economic growth without significant demographic change or population influx.
McKean's demographic stability contrasts with national trends toward increasing diversity in many areas of the United States. The area's persistent "Low Diversity" classification and strong "White Majority" suggest it has not experienced the demographic shifts seen in many other parts of the country.
The steady increase in median income aligns with broader national trends of economic recovery and growth following the 2008 recession. The significant jump in median income between 2017 and 2019 outpaces national averages, indicating strong local economic conditions during this period.
McKean presents a stable, predominantly white community that has experienced considerable economic growth over the past decade. Minor increases in racial diversity have not significantly altered the area's overall demographic classification. The community's economic growth, particularly in the latter half of the decade, suggests a thriving local economy.