The population of McKean, Pennsylvania is composed of White and Two Or More races. This city is less likely than nearby Chautauqua and Edinboro to have poverty levels below the federal poverty level. The median gross rent in McKean is $657 per month. In contrast, the state's average is 9.29%. For every hundred thousand residents, only 5% of residents earn less than that amount.
The median income in McKean, PA is $64,219, which is less than the national average of $65,712. In 2018, it was $60,156, a 6.75% increase from the previous year. Compared to neighboring and parent geographies, McKean, PA has a higher median income than the national average. It is also higher than the Pennsylvania median wage. And, it's not hard to see why.
The median property value in McKean, PA is $136,800, 0.569 times lower than the national average. Its homeownership rate is 49.1%, lower than the national average of 64.1%. The median number of cars per household is two. In the city of McKean, PA, most residents drive alone to work. Despite the low number of people, the median income in McKean is still relatively high at $64,219 (about $40,000).