PlainZIP

Franklin, PA · standard

ZIP Code 16323

Venango County, Pennsylvania - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

16,372
63/sq mi
$62,562
Median income
$131,200
Median home value
21.9%
Bachelor's or higher

The verdict

Franklin pairs a below-median household income with among the most affordable home values nationally, in a rural, homeowner-dominated area.

34th pct
household income, US ZIPs
20th pct
home value, US ZIPs
63
people per sq mi
71%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 16323 against every reporting US ZIP.

ZIP code 16323 is a mid-sized community (a standard USPS delivery area) in Franklin, Venango County, Pennsylvania, home to 16,372 residents across 260.7 square miles, a density of 63 people per square mile, in the New York time zone.

ZIP 16323 reports a modest median household income of $62,562 (20% below the Pennsylvania average), while per-capita income is $35,174. The poverty rate stands at 11.3% and the unemployment rate at 7.1%. On housing, the median home value is $131,200 (42% below the state average) with median rent at $773 per month, and 71.2% of occupied units are owner-occupied.

Educational attainment sits below the national norm: 21.9% of adults hold a bachelor's degree or higher, the median age is 48.6, and the average commute is 20 minutes. To put 16323 in local context, 5 ZIP codes within roughly 10 miles appear further down this page alongside 6 additional ZIPs in Venango County, for a geography-aware comparison.

Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →

Top industries in ZIP 16323

Top 5 sectors by establishment count in Franklin, PA

Which industries have the most business establishments in ZIP 16323.

establishments

What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.

Source U.S. Census Bureau · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 16323, Franklin, PA · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.

Quick Facts

16,372

Population

260.7

Area (sq mi)

63

People / sq mi

New York

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 16323?

48.6

Median Age

47.6%

Male

52.4%

Female

0.5%

Foreign-Born

White 92.3%
African American 3.1%
Asian 0.0%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 3.4%
Hispanic or Latino 1.1%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$62,562

Median Household Income

-20% vs state

$35,174

Per Capita Income

11.3%

Poverty Rate

7.1%

Unemployment Rate

19.9 min

Mean Commute Time

How ZIP 16323 ranks nationally

Franklin, PA household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$62,562 34th percentile higher than 34% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). This entry sits in this band. $80,000–$100,000: 5,778 US ZIPs (19%). Above this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 62.9%
Bachelor's Degree or Higher 21.9%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

7,268

Total Housing Units

6,241

Occupied Units

1,027

Vacant Units

2.22

Avg Household Size

Occupancy Type

Owner 71.2%
Renter 28.8%

$131,200

Median Home Value

-42% vs state

$773

Median Rent

1956

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How have home values changed over time?

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+4.7%

YoY Change (2024)

166

HPI Index (2000 = 100)

+66%

Total Change Since 2000

Home values in ZIP 16323 have increased 4.7% over the past year (2024). Since 2000, this ZIP has seen +66% cumulative appreciation.

Year Annual Change HPI Index
2020 +9.5% 138
2021 +1.9% 141
2022 -0.9% 140
2023 +13.2% 158
2024 +4.7% 166

Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 412 business establishments in ZIP 16323, employing approximately 5,848 people with a combined annual payroll of $245,729,000.

412

Businesses

5,848

Employees

$245.7M

Annual Payroll

14

Industry Sectors

Industry Establishments % of Total
Other services (except public administration) 72 17.5%
Health care and social assistance 66 16.0%
Retail trade 65 15.8%
Accommodation and food services 35 8.5%
Manufacturing 34 8.3%
Construction 27 6.5%
Professional, scientific, and technical services 23 5.6%
Finance and insurance 18 4.4%
Administrative and support and waste management and remediation services 16 3.9%
Wholesale trade 13 3.2%
Transportation and warehousing 10 2.4%
Information 10 2.4%
Arts, entertainment, and recreation 9 2.2%
Real estate and rental and leasing 8 1.9%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

Nearby ZIP Codes

Want a side-by-side? Compare 16323 vs 16343 →

ZIP 16323 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 16323 ranks the most populous - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 16323 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 16323 ranks #4 of 6 neighboring ZIPs, local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
16343 Reno, PA 449 4.0 mi
16317 Cooperstown, PA 1,456 8.4 mi
16362 Utica, PA 1,102 7.4 mi
16342 Polk, PA 2,281 8.2 mi
16344 Rouseville, PA 523 8.5 mi

More ZIP Codes in Venango County

16301 standard
Oil City, PA
Pop: 16,321
16373 standard
Emlenton, PA
Pop: 3,510
16346 standard
Seneca, PA
Pop: 3,247
16342 standard
Polk, PA
Pop: 2,281
16341 standard
Pleasantville, PA
Pop: 2,030
16374 standard
Kennerdell, PA
Pop: 1,968

Related Areas

Venango County Franklin, PA Pennsylvania

Frequently Asked Questions

What county is ZIP code 16323 in? ▼
ZIP code 16323 (Franklin) is located in Venango County, Pennsylvania. Venango County contains multiple ZIP codes, see the full list at /counties/venango-pa.
What is the population of ZIP code 16323? ▼
ZIP code 16323 in Franklin, PA has a population of 16,372 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 16323? ▼
The median household income in ZIP 16323 is $62,562, which is 18% below the national average of $76,288.
What is the average home value in ZIP 16323? ▼
The median home value in ZIP 16323 is $131,200, which is 53% below the national average of $278,155.
What is the demographic makeup of ZIP 16323? ▼
The largest racial group in ZIP 16323 is White at 92.3%. Hispanic or Latino residents make up 1.1% of the population.
How many businesses are in ZIP code 16323? ▼
ZIP code 16323 has 412 business establishments employing approximately 5,848 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 16323? ▼
The top industries by establishment count in ZIP 16323 are: Other services (except public administration) (72), Health care and social assistance (66), Retail trade (65). There are 14 industry sectors represented in total.
How have home values changed in ZIP code 16323? ▼
According to the FHFA House Price Index, home values in ZIP 16323 increased by 4.7% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 66%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 16323? ▼
In ZIP code 16323, 62.9% of residents aged 25+ have a high school diploma or higher, and 21.9% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 16323? ▼
The mean commute time for workers in ZIP code 16323 is 19.9 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 16323? ▼
In ZIP code 16323, approximately 71.2% of occupied housing units are owner-occupied and 28.8% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 16323? ▼
The poverty rate in ZIP code 16323 is 11.3% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

Read our methodology to see how this data is sourced, computed, and verified.