| ZIP Code | 16502 |
|---|---|
| City | Erie |
| State | Pennsylvania (PA) |
| County | Erie County |
| Area Code | 582/814 |
| Elevation | 705 ft |
| Latitude | 42.110735 |
|---|---|
| Longitude | -80.101294 |
| Timezone | New York (DST) |
| FIPS | 42049 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 32.7 yrs ↓ 3% since 2019 |
|---|---|
| Avg Household Size | 2.22 |
| Below Poverty | 32.3% ▲ 223% above avg |
| College Grads | 31.0% ▼ 20% below avg |
| Unemployment | 8.2% ▲ 68% above avg |
| No HS Diploma | 44 (0.5%) |
| HS Graduate | 3,329 (35.5%) |
| Some College | 1,840 (19.6%) |
| Associates | 1,257 (13.4%) |
| Bachelors | 1,147 (12.2%) |
| Graduate Degree | 1,765 (18.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $34,649 ▼ 55% below avg ↑ 2% since 2019 |
|---|---|
| Median Home Value | $90,100 ▼ 68% below avg ↑ 19% since 2019 |
| Home/Income Ratio | 2.6x (nat avg ~3.5x) |
| Median Rent | $831/mo ↑ 14% since 2019 |
| Total Units | 7,811 |
| Vacant Units | 919 |
| Avg HH Size | 2.22 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 7,811 |
|---|---|
| Vacant | 919 |
| Owner Occupied | 34.1% |
| Renter Occupied | 65.9% |
| Avg HH Size | 2.22 |
ZIP code 16502 is located in Erie, Pennsylvania, within Erie County. With a population of 15,815, this is a moderately populated ZIP code with a relatively young community — the median age is 32.7 years. Economically, 16502 is a lower-income ZIP code: the median household income of $34,649 is well below the national average.
Real estate in ZIP code 16502 represents one of the more affordable housing markets in the country. The median home value of $90,100 is well below the national average. Renters can expect to pay around $831 per month in median rent. This is predominantly a renter community, with 65.9% of occupied units rented — typical of urban and transitional neighborhoods. Median home values have increased by 19% since 2019.
The population of 16502 is majority White (65.63%). Residents are moderately educated — 31.0% hold a bachelor's degree or higher, which is below the national average. Poverty affects a significant share of residents at 32.3%. Household income has grown by 2% since 2019.
The unemployment rate in 16502 stands at 8.2%, which is significantly above the national average. As in most parts of the country, driving alone is the dominant commute mode at 61%.
Overall, ZIP code 16502 in Erie, PA is characterized as lower-income, moderately educated, and a relatively young community. With 15,815 residents, a median household income of $34,649, and a median home value of $90,100, it offers a clear picture of life in this part of Pennsylvania.