16323 ZIP Code – Franklin, Pennsylvania
Located in Franklin, Pennsylvania, ZIP code 16323 is a mid-sized ZIP code within Venango County with a population of approximately 14,934 residents. At $59,274, the median household income here runs below the Pennsylvania average and below the U.S. average. The median home value of $115,400 is well below the national average, with 71.2% owner-occupied housing (increasing). ; median rent of $711 is similarly below the national average. Housing consists of 80% single-family (increasing), 8% apartments (increasing), 6% duplex/multi-family.
The unemployment rate is 6.9%, above the national average. The poverty rate is 11.0%, below the national average. About 22.6% of residents have completed a four-year degree, below the national rate. The population has a median age of 47.1, near the national median. ZIP codes in the surrounding area include 16343, 16362, 16342.
ZIP Code 16323 Data
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ZIP 16323 vs. Pennsylvania vs. U.S.
| Metric | ZIP 16323 | PA Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 14k | 7,172 | 10k |
| Median Household Income | $59k | $73k | $73k |
| Median Home Value | $115k | $200k | $258k |
| Median Rent | $711 | $994 | $1,088 |
| Median Age | 47.1 | 44.6 | 43.2 |
| Unemployment Rate | 6.9% | 4.9% | 5.0% |
| Poverty Rate | 11.0% | 10.9% | 13.3% |
| Bachelor's Degree or Higher | 22.6% | 25.2% | 26.9% |
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Nearby ZIP Codes
- 16343 – Reno
- 16362 – Utica
- 16342 – Polk
- 16317 – Cooperstown
- 16346 – Seneca
- 16344 – Rouseville
- 16301 – Oil City
- 16374 – Kennerdell
- 16311 – Carlton
- 16319 – Cranberry
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 16343 | RENO | 550 | $69,375 |
| 16362 | UTICA | 951 | $64,063 |
| 16342 | POLK | 2,359 | $67,946 |
| 16317 | COOPERSTOWN | 1,404 | $55,417 |
| 16346 | SENECA | 3,138 | $61,161 |