About Zip Code 16503

16503 is a zip code in the Erie Metropolitan area. It has a population of 16,065 and a population density of 6,494, which is 99% above the national average. It has a median age of 31, which is 9 years below the Erie Metro median age and 8 years below the national average.


Zip code 16503 has a median home value of $48,575, which is 74% below the Metro average.The average rent of $715 is 29% below the metro average rent and 66% below the national average rent The average household income in zip code 16503 is $29,240 , which is 48% below the Metro average household income and 61% below the national average of household income.

$48,575Median Home Value
$185,767 Erie Metro Area
$715Median Rent
$1,001 Erie Metro Area

Towns of Zip Code 16503

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Zip code 16503's population is made up of 25% married, 58% single, 13% divorced and 4% widowed. Millennials make up the largest percentage of the population at 32%, while Gen Z have the second largest segment at 30%. Homeowners make up 40% of the population in zip code 16503.

16,065Population
267,571 Erie Metro Area
6,494Population Density
  • 52% Male
  • 48% Female
31 Median Age
40 Erie Metro Area
See Detailed Demographics Data for Zip Code 16503

The Per Capita income in zip code 16503 is $17,910. The Median Household Income is $29,240

$17,910Income Per Capita
$33,614 Erie Metro Area
$29,240Median Household Income
$60,663 Erie Metro Area
37% Poverty Rate
15% Erie Metro Area
10% Unemployment Rate
4% Erie Metro Area
See Detailed Employment Data for Zip Code 16503
Amenities in Zip Code 16503
See Detailed Amenities Data for Zip Code 16503
$48,575Median Home Value
$185,767 Erie Metro Area
$715Median Rent
$1,001 Erie Metro Area
2Average Household Size
2 Erie Metro Area

Occupancy Type

Renters
60%
Home Owners
40%
See Detailed Real Estate Data for Zip Code 16503
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