16503 Zip Code

April 23, 2024

Zip Code:	16503
City/Town:	Erie
State:	Pennsylvania

Population:	16,850
Per Capita Income:	$12,852
Mean Household Income:	$32,181

Total Housing Units:	5,884
Median Home Value:	$33,700
Median Year Homes Built:	1940

Land Area:	2.4 sq miles 6.3 sq kilometers
Water Area:	0.0 sq miles 0.0 sq kilometers

Population Information (16503 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

16,850

Male:

8,506

50.5%

49.2%

Female:

8,344

49.5%

50.8%

Median Age:

29.4 yrs

37.2 yrs

Under 5 years:

1,658

9.8%

6.5%

5 to 9 years:

1,429

8.7%

6.6%

10 to 19 years:

2,834

16.8%

13.8%

20 to 29 years:

2,666

15.8%

13.8%

30 to 39 years:

2,288

13.6%

13.0%

40 to 49 years:

2,050

12.2%

14.2%

50 to 59 years:

1,981

11.8%

13.6%

60 to 69 years:

1,072

6.4%

9.4%

70 to 79 years:

540

3.2%

5.4%

80 years and over:

332

2.0%

3.7%

Housing Information (16503 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$33,700

$119,600

Median year homes build:

1940

1971

Median real estate taxes:

$886 / yr.

$1,334 / yr.

Median rent:

$321 / mo.

$519 / mo.

Total households:

5,884

Family households:

3,640

61.9%

66.4%

Nonfamily households:

2,244

38.1%

33.6%

Households with individuals under 18 years:

2,393

40.7%

33.4%

Households with individuals 65 years and over:

1,042

17.7%

24.9%

Average household size:

2.7

Average family size:

3.4

Total housing units:

6,980

Occupied housing units:

5,884

84.3%

88.6%

Vacant housing units:

1,096

15.7%

11.4%

For rent:

394

5.6%

3.1%

Rented, not occupied:

0.3%

0.2%

For sale only:

1.3%

1.4%

Sold, not occupied:

0.7%

0.3%

For seasonal, recreational, or occasional use:

0.2%

3.5%

All other vacants:

529

7.6%

2.8%

Homeowner vacancy rate:

4.1%

2.4%

Rental vacancy rate:

9.5%

9.2%

Owner-occupied housing units:

2,136

Population in owner-occupied housing units:

5,684

Average household size of owner-occupied units:

2.7

2.65

Renter-occupied housing units:

3,748

Population in renter-occupied housing units:

10,270

Average household size of renter-occupied units:

2.7

2.44

Educational Attainment (16503 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

9,977

Less than 9th grade:

905

9.1%

6.2%

9th to 12th grade, no diploma:

2,515

25.2%

8.7%

High school graduate (includes equivalency):

4,495

45.1%

29.0%

Some college, no degree:

1,330

13.3%

20.6%

Associate degree:

298

3.0%

7.5%

Bachelor's degree:

281

2.8%

17.6%

Graduate or professional degree:

153

1.5%

10.3%

Percent high school graduate or higher:

65.7%

85.0%

Percent bachelor's degree or higher:

4.4%

27.9%

Income Information (16503 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

5,314

31.5%

50.4%

Median income:

$16,092 / yr.

$27,932 / yr.

Full-time, year-round workers:

2,039

12.1%

59.7%

Median income:

$25,009 / yr.

$38,349 / yr.

Females 15 years and over with income:

6,001

35.6%

49.6%

Median income:

$10,496 / yr.

$16,327 / yr.

Full-time, year-round workers:

1,786

10.6%

40.3%

Median income:

$18,615 / yr.

$28,135 / yr.

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