| ZIP Code | 16423 |
|---|---|
| City | Lake City |
| State | Pennsylvania (PA) |
| County | Erie County |
| Area Code | 582/814 |
| Elevation | 716 ft |
| Latitude | 42.021099 |
|---|---|
| Longitude | -80.340132 |
| Timezone | New York (DST) |
| FIPS | 42049 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 45.2 yrs ↑ 9% since 2019 |
|---|---|
| Avg Household Size | 2.39 |
| Below Poverty | 9.3% ≈ Avg |
| College Grads | 38.5% ≈ Avg |
| Unemployment | 3.4% ▼ 31% below avg |
| No HS Diploma | 17 (0.7%) |
| HS Graduate | 987 (39.5%) |
| Some College | 365 (14.6%) |
| Associates | 169 (6.8%) |
| Bachelors | 256 (10.2%) |
| Graduate Degree | 706 (28.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $73,523 ≈ Avg ↑ 43% since 2019 |
|---|---|
| Median Home Value | $157,800 ▼ 43% below avg ↑ 36% since 2019 |
| Home/Income Ratio | 2.1x (nat avg ~3.5x) |
| Median Rent | $806/mo ↑ 18% since 2019 |
| Total Units | 1,836 |
| Vacant Units | 217 |
| Avg HH Size | 2.39 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 1,836 |
|---|---|
| Vacant | 217 |
| Owner Occupied | 91.4% |
| Renter Occupied | 8.7% |
| Avg HH Size | 2.39 |
ZIP code 16423 is located in Lake City, Pennsylvania, within Erie County. With a population of 3,880, this is a sparsely populated ZIP code with a mature community — the median age is 45.2 years. Economically, 16423 is a solidly middle-class ZIP code: the median household income of $73,523 is near the national average.
Real estate in ZIP code 16423 represents an affordable housing market. The median home value of $157,800 is below the national average. Renters can expect to pay around $806 per month in median rent. Homeownership is strong here — 91.4% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 36% since 2019.
The population of 16423 is primarily White (89.48%). Residents are moderately educated — 38.5% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 9.3%. Household income has grown by 43% since 2019.
The unemployment rate in 16423 stands at 3.4%, which is below the national average. As in most parts of the country, driving alone is the dominant commute mode at 84%.
Overall, ZIP code 16423 in Lake City, PA is characterized as solidly middle-class, moderately educated, a mature community, and predominantly owner-occupied. With 3,880 residents, a median household income of $73,523, and a median home value of $157,800, it offers a clear picture of life in this part of Pennsylvania.