Venango County, Pennsylvania
Income Data
At a Glance
How Venango County Compares
Detailed Income Statistics
Data Story
About Household Income in Venango County, Pennsylvania
Venango trails national income median
Venango County's median household income of $61,626 falls 17.5% below the national median of $74,755, a gap of $13,129. This significant shortfall reflects Venango's economic structure centered on oil and gas legacy industries facing long-term decline.
Among Pennsylvania's lower-earning counties
Venango's $61,626 lags the state average of $69,614 by $7,988—one of the largest gaps in this eight-county survey. Per capita income of $33,044 also trails the state average of $37,407, indicating below-average earning across all population segments.
Second-lowest income in regional cluster
Venango's $61,626 ranks near the bottom of the eight counties, slightly ahead only of Warren ($59,013) and below all others except Tioga and Wayne. This positioning underscores Venango's economic struggles relative to neighbors like Union ($72,894) and Susquehanna ($66,930).
Low housing costs ease affordability burden
A 15.1% rent-to-income ratio keeps housing costs manageable despite modest household earnings, well below the 30% affordability threshold. Venango's median home value of $114,500—lowest in the group—means homeownership and rental options remain accessible.
Build wealth on limited income foundation
Venango residents can leverage the county's exceptionally low housing costs to prioritize emergency savings, debt reduction, and retirement contributions. Focus on accessing vocational training, remote work opportunities, and value-based investments to gradually narrow the income gap with state and national benchmarks.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Venango County median
County median: $61,626 per year
vs. County Median
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vs. State Average
-11%
vs. National Median
-18%
Income Adequacy
Your monthly income ($5,136) vs. median rent ($774/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.