Zip Code

16508

City

Erie, PA

Population & Migration

What is the forecasted population for Zip code 16508 Erie, PA?

Population census 2020
16,021
Forecasted population 2025
15,454
-0.04% vs. 2020
Forecasted population 2030
15,458
-0.04% vs. 2020

Zip code 16508 Erie, PA population is forecasted to decrease -0.04% by 2025 (-8.2 points below the 4.7% national average).

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Housing and Affordability

With a forecasted population of 15,454 people for 2025 zip code 16508 Erie, PA will generate a good demand for housing, which is expected to have an excess of -261 houses for 2030. Vacancy rate is 4.0 points below national US average.

Total homes available 2020
7,464
Estimated total home demand in 2030
7,202
Total homes balance inventory
-261

Average Household Income in zip code 16508 Erie, PA
from Internal Revenue Service

Average household income in 2021
$65,844

Affordability

Affordability Index
2

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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Drinking water violations

How is the quality of drinking water in Zip code 16508 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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