Venango County, Pennsylvania Income Statistics

Venango County Wealth Score

The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.

  • C
    Venango County Below average
    Less wealthy than 70% of counties in Pennsylvania

Source: Map AI Methodology

Venango County
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Wealth grade

Income Statistics Overview

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Metric Venango County Pennsylvania Avg US Average
Median Household Income $61,779 $78,249 $80,455
Median Personal Income $47,524 $62,573 $60,758
Average Yearly Income Growth 4.4% 4.4% 4.8%
Six-Figure Earners 5.4% 13.0% 13.9%
$200k+ Households 3.2% 11.8% 13.2%

The median household income in Venango County is about 21% lower than in Pennsylvania. Income has been growing slower in Venango County (4.4%/yr) than in Pennsylvania (4.4%/yr).

About 5% of adults in Venango County earn six figures ($100,000 or more) a year, lower than the Pennsylvania average of 13%.

Median Household Income 2009–2024 Trend

Median Household Income Over Time

Venango County
United States

Median household income in Venango County, Pennsylvania grew by 61.4% from 2009 to 2024, reaching $61,779 in 2024. That's an average of about 4.4% per year.

Year Venango County United States

Income Inequality and the Gender Pay Gap in Venango County

Metric Venango County Pennsylvania Avg US Average
Gini Coefficient 0.493 0.537 0.552
Male Median Income $54,116 $71,585 $69,667
Female Median Income $43,019 $57,854 $56,850
Gender Pay Gap 20.5% 19.2% 18.4%

The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Venango County, it is 0.493, lower than Pennsylvania's 0.537, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.

Men's income is about 26% more than women's income in Venango County, Pennsylvania. Over a 35-year career, a 26% wage gap accumulates to roughly $388,395 in unearned income for female workers in the area.

Income by Sex Over Time

Male
Female

Since 2009, the income gap between men and women in Venango County, Pennsylvania has narrowed from about 31% to 21% in 2024. Over that period the gap was narrowest at 19% in 2020. In dollar terms, the gap has narrowed by $1,225 since 2009.

Year Male Income Female Income Gap %

Employment

Metric Venango County Pennsylvania Avg US Average
Unemployment Rate 5.6% 5.2% 5.2%
Working from Home 8.8% 15.6% 15.0%
Commute time (minutes) 18 22 22

Approximately 1,281 people are unemployed in Venango County, Pennsylvania.

The average commute time in Venango County is 18 minutes, shorter than the 22 minutes in Pennsylvania.

Unemployment Rate Over Time

Venango County
United States

Since 2011, the unemployment rate in Venango County, Pennsylvania has fallen from 7.9% to 5.6% in 2024. Over that period the rate peaked at 8.5% in 2013.

Year Venango County United States

Venango County, PA Wealth Compared With Nearby Counties

Venango County, PA is the 4th largest of the 6 counties compared here, 49,798 residents against a local median of 82,709. There is no headline here. Every measure below sits within 15% of the median across the nearest counties, which makes Venango County, PA an unremarkable member of its own neighbourhood rather than an outlier in it.

The largest of those small differences is unemployment, 12% above the local median at 5.6% against 5.0%. Venango County, PA has the 6th lowest unemployment of the 6 areas compared here.

Area Population Median household income Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. Unemployment Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here.
Venango County, PA 49,798 $61,779 #3/6 4.4%/yr #3/6 5.6% #6/6 0.493 #1/6
Clarion County, PA 37,179 $62,370 4.8%/yr 5.1% 0.532
Crawford County, PA 82,709 $60,428 3.6%/yr 5.0% 0.524
Mercer County, PA 109,257 $59,980 3.5%/yr 5.3% 0.533
Butler County, PA 197,141 $89,210 4.3%/yr 4.4% 0.527
Forest County, PA 6,715 $53,381 4.9%/yr 2.5% 0.635

Conclusion

Considering all these factors, Venango County, Pennsylvania has an overall wealth index grade of C, making it somewhat worse than Pennsylvania, and about on par with the country as a whole.

Frequently Asked Questions

Common questions about income and wealth in Venango County, Pennsylvania.

How Rich Is Venango County, Pennsylvania?

Venango County has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $61,779, about 21% lower than the Pennsylvania average of $78,249.

How has median household income changed in Venango County, Pennsylvania?

Between 2009 and 2024, the median household income in Venango County, Pennsylvania rose 61%, from $38,284 to $61,779. Over the same years, income here outpaced Pennsylvania as a whole: +61% against +57%.

What was the median household income in Venango County in 2023?

In 2023, the median household income in Venango County, Pennsylvania was $61,772, up 4% from $59,210 in 2022. The Pennsylvania median that year was $76,230.

What was the median household income in Venango County in 2020?

In 2020, the median household income in Venango County, Pennsylvania was $51,644. By 2024 it had risen 20% to $61,779.

What is the Gini coefficient in Venango County, Pennsylvania?

The Gini coefficient in Venango County is 0.493. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.

How has the income gap between men and women changed in Venango County, Pennsylvania?

Since 2009, the income gap between men and women in Venango County, Pennsylvania has narrowed from about 31% to 21% in 2024. Over that period the gap was narrowest at 19% in 2020. In dollar terms, the gap has narrowed by $1,225 since 2009.

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