Results are presented from a statistical analysis of ~200 stars with Hα emission in the cluster IC 348. The sample of emission objects extends to R ≤ 20.0. The optical radius of the cluster is ~11'. The percentage of emission stars increases from bright to fainter objects and reaches 80% for objects within the interval 13.0 ≤ R − A R ≤ 19.0. The fraction of WTTS and CTTS is 64% and 36%, respectively. 70% of the x-ray sources are WTTS objects. The age of the WTTS and CTTS is ~2·10 6 yr. The nonemission stars with masses lower than that of the sun also have an age of ~2·10 6 yr, while the age of the brighter objects is ~7·10 6 yr. The most massive stars with a low level of activity are concentrated in a small dense central core of the cluster with a radius of ~1' and appear to have been generated in an earlier wave of star formation.