Erie, PA — Demographics & Statistics
ZIP code 16501 serves a portion of Erie, Pennsylvania, within Erie County. This community is home to approximately 31,872 residents, with a median age of 28.5 years. The median household income of $59,518 sits below the national median of $67,521, while median home values of $238,072 are below the national average of $301,500. The area has a renter-majority housing profile, with 39% owner-occupied and 61% renter-occupied units. Cost of living in this part of Erie is lower than the national baseline, with an index of 92 (100 = national average). With a college-education rate of 37% and an unemployment rate of 5.5%, 16501 reflects the economic character of Erie County in Pennsylvania.
| Category | Statistic | Value | vs. National Avg |
|---|---|---|---|
| Population | Total Population | 31,872 | — |
| Population | Density (per sq mi) | 12,640 | — |
| Economics | Median Household Income | $59,518 | ↓ 12% vs nat'l avg |
| Economics | Median Home Value | $238,072 | ↓ 21% vs nat'l avg |
| Economics | Cost of Living Index | 92 | ↓ Lower than avg |
| Economics | Unemployment Rate | 5.5% | ↑ 41% vs nat'l avg |
| Economics | Below Poverty Line | 19.2% | ↑ 68% vs nat'l avg |
| Education | College Educated (25+) | 37% | ↑ 6% vs nat'l avg |
| Demographics | Median Age | 28.5 yrs | ↓ 26% vs nat'l avg |
| Housing | Owner-Occupied | 39% | — |
| Housing | Renter-Occupied | 61% | — |
| Housing | Total Housing Units | 15,298 | — |