| ZIP Code | 16507 |
|---|---|
| City | Erie |
| State | Pennsylvania (PA) |
| County | Erie County |
| Area Code | 582/814 |
| Elevation | 626 ft |
| Latitude | 42.139495 |
|---|---|
| Longitude | -80.084963 |
| Timezone | New York (DST) |
| FIPS | 42049 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 29.4 yrs ↓ 5% since 2019 |
|---|---|
| Avg Household Size | 2.13 |
| Below Poverty | 23.0% ▲ 130% above avg |
| College Grads | 28.6% ▼ 26% below avg |
| Unemployment | 4.8% ≈ Avg |
| No HS Diploma | 203 (4.2%) |
| HS Graduate | 2,026 (41.9%) |
| Some College | 683 (14.1%) |
| Associates | 541 (11.2%) |
| Bachelors | 379 (7.8%) |
| Graduate Degree | 1,007 (20.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $34,474 ▼ 55% below avg ↓ 5% since 2019 |
|---|---|
| Median Home Value | $66,300 ▼ 76% below avg ↑ 26% since 2019 |
| Home/Income Ratio | 1.9x (nat avg ~3.5x) |
| Median Rent | $1,016/mo ↑ 39% since 2019 |
| Total Units | 4,149 |
| Vacant Units | 737 |
| Avg HH Size | 2.13 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 4,149 |
|---|---|
| Vacant | 737 |
| Owner Occupied | 33.2% |
| Renter Occupied | 66.9% |
| Avg HH Size | 2.13 |
ZIP code 16507 is located in Erie, Pennsylvania, within Erie County. With a population of 8,653, this is a lightly populated ZIP code with a young community — the median age is 29.4 years. Economically, 16507 is a lower-income ZIP code: the median household income of $34,474 is well below the national average.
Real estate in ZIP code 16507 represents one of the more affordable housing markets in the country. The median home value of $66,300 is well below the national average. Renters can expect to pay around $1,016 per month in median rent. This is predominantly a renter community, with 66.9% of occupied units rented — typical of urban and transitional neighborhoods. Median home values have increased by 26% since 2019.
The population of 16507 is majority White (58.16%). Residents are moderately educated — 28.6% hold a bachelor's degree or higher, which is below the national average. Poverty affects a significant share of residents at 23.0%. Household income has declined by 5% since 2019.
The unemployment rate in 16507 stands at 4.8%, which is near the national average. As in most parts of the country, driving alone is the dominant commute mode at 72%.
Overall, ZIP code 16507 in Erie, PA is characterized as lower-income, moderately educated, and a young community. With 8,653 residents, a median household income of $34,474, and a median home value of $66,300, it offers a clear picture of life in this part of Pennsylvania.