Zip Code
16503
City
Erie, PA
Population & Migration
What is the forecasted population for Zip code 16503 Erie, PA?
- Population census 2020
- 15,855
- Forecasted population 2025
- 15,284
- -0.04% vs. 2020
- Forecasted population 2030
- 15,375
- -0.03% vs. 2020
Zip code 16503 Erie, PA population is forecasted to decrease -0.04% by 2025 (-8.3 points below the 4.7% national average).
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Housing and Affordability
With a forecasted population of 15,284 people for 2025 zip code 16503 Erie, PA will generate a good demand for housing, which is expected to have an excess of -204 houses for 2030. Vacancy rate is 1.5 points above national US average.
- Total homes available 2020
- 6,763
- Estimated total home demand in 2030
- 6,558
- Total homes balance inventory
- -204
Average Household Income in zip code 16503 Erie, PA
from Internal Revenue Service
- Average household income in 2021
- $41,356
Affordability
- Affordability Index
- 1
Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5
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Climate Resiliency
Drinking water violations
How is the quality of drinking water in Zip code 16503 Erie, PA?
County total number of drinking water violations
2221
+810%
244
County total number of drinking water contaminations
81
+238%
24
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