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Fredonia borough, PA
ZIP 16124 — Economy & Jobs
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
Working ClassLow Snow Area
Income, employment, industries, and economic trends
Income & Economy in Fredonia borough, PA (16124)
Median Income
$56,597
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+75
Wealth inflow
Population
1,656
Unemployment
4.1%
0.4pp above US avg
IRS migration statistics show a net inflow of about 75 for ZIP 16124 (Fredonia borough, PA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 16124 (2020–Present)
Since 2020, population declined 2.0%, median income fell 4.0% (inflation-adjusted), home values increased 4.8%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $56,597 |
| Unemployment | 4.1% |
| Establishments | 21 |
| Employees | 141 |