About Zip Code 16506

16506 is a zip code in the Erie Metropolitan area. It has a population of 24,201 and a population density of 1,717, which is 95% above the national average. It has a median age of 44, which is 4 years above the Erie Metro median age and 5 years above the national average.


Zip code 16506 has a median home value of $249,767, which is 26% above the Metro average.The average rent of $936 is 6% below the metro average rent and 55% below the national average rent The average household income in zip code 16506 is $83,782 , which is 33% above the Metro average household income and 11% above the national average of household income.

$249,767Median Home Value
$185,767 Erie Metro Area
$936Median Rent
$1,001 Erie Metro Area

Towns of Zip Code 16506

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Zip code 16506's population is made up of 57% married, 27% single, 9% divorced and 7% widowed. Baby Boomers make up the largest percentage of the population at 43%, while Millennials have the second largest segment at 23%. Homeowners make up 72% of the population in zip code 16506.

24,201Population
267,571 Erie Metro Area
1,717Population Density
  • 52% Male
  • 48% Female
44 Median Age
40 Erie Metro Area
See Detailed Demographics Data for Zip Code 16506

The Per Capita income in zip code 16506 is $43,944. The Median Household Income is $83,782

$43,944Income Per Capita
$33,614 Erie Metro Area
$83,782Median Household Income
$60,663 Erie Metro Area
7% Poverty Rate
15% Erie Metro Area
2% Unemployment Rate
4% Erie Metro Area
See Detailed Employment Data for Zip Code 16506
Amenities in Zip Code 16506
See Detailed Amenities Data for Zip Code 16506
$249,767Median Home Value
$185,767 Erie Metro Area
$936Median Rent
$1,001 Erie Metro Area
2Average Household Size
2 Erie Metro Area

Occupancy Type

Renters
28%
Home Owners
72%
See Detailed Real Estate Data for Zip Code 16506
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