Erie, PA · standard
ZIP Code 16505
Erie County, Pennsylvania - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 17,168
- 564/sq mi
- $72,938
- Median income
- $211,700
- Median home value
- 45.9%
- Bachelor's or higher
The verdict
Erie pairs an above-median household income with below-median home values, in a low-density, homeowner-dominated area.
- Top 49%
- household income, US ZIPs
- 47th pct
- home value, US ZIPs
- 564
- people per sq mi
- 71%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 16505 against every reporting US ZIP.
ZIP code 16505 is a mid-sized community (a standard USPS delivery area) in Erie, Erie County, Pennsylvania, home to 17,168 residents across 30.4 square miles, a density of 564 people per square mile, in the New York time zone.
ZIP 16505 lands in the middle-income range, with a median household income of $72,938 (6% below the Pennsylvania average), while per-capita income is $50,524. 10.6% of residents live below the poverty line, and the unemployment rate reads 5.0%. On housing, the median home value is $211,700 (7% below the state average) with median rent at $881 per month, and 70.7% of occupied units are owner-occupied.
A solid share of residents have a four-year degree: 45.9% of adults hold a bachelor's degree or higher, the median age is 50.9, and the average commute is 18 minutes. A geography-based comparison follows: 10 ZIP codes within about 10 miles of 16505, plus 6 more within Erie County, give a clearer read than the national average alone.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 16505
Top 5 sectors by establishment count in Erie, PA
Which industries have the most business establishments in ZIP 16505.
- Health care and social assistance
Health care and social assistance
108 establishments
- Retail trade
Retail trade
103 establishments
- Accommodation and food services
Accommodation and food services
78 establishments
- Other services (except public administration)
Other services (except public administration)
69 establishments
- Manufacturing
Manufacturing
47 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 16505, Erie, PA · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.
Quick Facts
17,168
Population
30.4
Area (sq mi)
564
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 16505?
50.9
Median Age
47.7%
Male
52.3%
Female
3.0%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$72,938
Median Household Income
-6% vs state
$50,524
Per Capita Income
10.6%
Poverty Rate
5.0%
Unemployment Rate
17.5 min
Mean Commute Time
How ZIP 16505 ranks nationally
Erie, PA household income vs. every US ZIP code
Median household income, the full national distribution, with this ZIP marked
$72,938 Top 49% higher than 51% of 30,318 US ZIPs
Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
8,311
Total Housing Units
7,345
Occupied Units
966
Vacant Units
2.05
Avg Household Size
Occupancy Type
$211,700
Median Home Value
-7% vs state
$881
Median Rent
1958
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+3.7%
YoY Change (2024)
220
HPI Index (2000 = 100)
+120%
Total Change Since 2000
Home values in ZIP 16505 have increased 3.7% over the past year (2024). Since 2000, this ZIP has seen +120% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +5.8% | 151 |
| 2021 | +9.7% | 165 |
| 2022 | +14.3% | 189 |
| 2023 | +12.4% | 213 |
| 2024 | +3.7% | 220 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 680 business establishments in ZIP 16505, employing approximately 9,547 people with a combined annual payroll of $388,858,000.
680
Businesses
9,547
Employees
$388.9M
Annual Payroll
16
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Health care and social assistance | 108 | 15.9% |
| Retail trade | 103 | 15.2% |
| Accommodation and food services | 78 | 11.5% |
| Other services (except public administration) | 69 | 10.2% |
| Manufacturing | 47 | 6.9% |
| Construction | 45 | 6.6% |
| Professional, scientific, and technical services | 42 | 6.2% |
| Finance and insurance | 41 | 6.0% |
| Real estate and rental and leasing | 39 | 5.7% |
| Wholesale trade | 28 | 4.1% |
| Administrative and support and waste management and remediation services | 24 | 3.5% |
| Transportation and warehousing | 14 | 2.1% |
| Arts, entertainment, and recreation | 14 | 2.1% |
| Educational services | 13 | 1.9% |
| Management of companies and enterprises | 9 | 1.3% |
| Information | 6 | 0.9% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 16505 vs 16502 →
ZIP 16505 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 16509
Erie (16509)
26,810 residents
- 16506
Erie (16506)
23,720 residents
- 16504
Erie (16504)
17,322 residents
- 16505
Erie (16505)
17,168 residents
- 16503
Erie (16503)
16,850 residents
- 16502
Erie (16502)
16,664 residents
- 16508
Erie (16508)
16,050 residents
- 16507
Erie (16507)
11,088 residents
- 16426 3,730
Mc Kean (16426)
3,730 residents
What this shows Among its immediate neighbors, ZIP 16505 ranks #4 by population - useful context the national average alone can't give.
ZIP 16505 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 16506
Erie (16506)
$81,060 median income
- 16426
Mc Kean (16426)
$80,135 median income
- 16505
Erie (16505)
$72,938 median income
- 16509
Erie (16509)
$68,846 median income
- 16504
Erie (16504)
$56,622 median income
- 16508
Erie (16508)
$56,391 median income
- 16502
Erie (16502)
$38,566 median income
- 16507
Erie (16507)
$33,361 median income
- 16503 $32,340
Erie (16503)
$32,340 median income
What this shows By household income, ZIP 16505 ranks #3 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 16502 | Erie, PA | 16,664 | 2.4 mi |
| 16506 | Erie, PA | 23,720 | 3.5 mi |
| 16501 | Erie, PA | 2,044 | 3.1 mi |
| 16508 | Erie, PA | 16,050 | 3.1 mi |
| 16507 | Erie, PA | 11,088 | 3.5 mi |
| 16503 | Erie, PA | 16,850 | 4.5 mi |
| 16546 | Erie, PA | 1,154 | 4.9 mi |
| 16504 | Erie, PA | 17,322 | 5.1 mi |
| 16426 | Mc Kean, PA | 3,730 | 9.3 mi |
| 16509 | Erie, PA | 26,810 | 6.6 mi |
More ZIP Codes in Erie County
Related Areas
Frequently Asked Questions
What county is ZIP code 16505 in? ▼
What is the population of ZIP code 16505? ▼
What is the median household income in ZIP 16505? ▼
What is the average home value in ZIP 16505? ▼
What is the demographic makeup of ZIP 16505? ▼
How many businesses are in ZIP code 16505? ▼
What are the main industries in ZIP code 16505? ▼
How have home values changed in ZIP code 16505? ▼
What is the education level in ZIP code 16505? ▼
What is the average commute time in ZIP 16505? ▼
What percentage of residents own vs. rent in ZIP 16505? ▼
What is the poverty rate in ZIP code 16505? ▼
Read our methodology to see how this data is sourced, computed, and verified.