Zip Code

16502

City

Erie, PA

Population & Migration

What is the forecasted population for Zip code 16502 Erie, PA?

Population census 2020
15,818
Forecasted population 2025
15,669
-0.9% vs. 2020
Forecasted population 2030
15,228
-3.7% vs. 2020

Zip code 16502 Erie, PA population is forecasted to decrease -0.9% by 2025 (-5.6 points below the 4.7% national average).

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Housing and Affordability

With a forecasted population of 15,669 people for 2025 zip code 16502 Erie, PA will generate a good demand for housing, which is expected to have an excess of -301 houses for 2030. Vacancy rate is 3.4 points above national US average.

Total homes available 2020
8,070
Estimated total home demand in 2030
7,768
Total homes balance inventory
-301

Average Household Income in zip code 16502 Erie, PA
from Internal Revenue Service

Average household income in 2021
$45,301

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 16502 Erie, PA?

County total number of drinking water violations

2116

+836%

226

County total number of drinking water contaminations

81

+252%

23

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