PlainZIP

Erie, PA · standard

ZIP Code 16506

Erie County, Pennsylvania - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

23,720
651/sq mi
$81,060
Median income
$237,300
Median home value
39.4%
Bachelor's or higher

The verdict

Erie pairs an above-median household income with above-median home values, in a low-density, homeowner-dominated area.

Top 37%
household income, US ZIPs
Top 46%
home value, US ZIPs
651
people per sq mi
69%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 16506 against every reporting US ZIP.

ZIP code 16506 is a densely settled ZIP (a standard USPS delivery area) in Erie, Erie County, Pennsylvania, with 23,720 residents across 36.5 square miles, a density of 651 people per square mile, in the New York time zone.

ZIP 16506 lands in the middle-income range, with a median household income of $81,060 (4% above the Pennsylvania average), while per-capita income is $45,911. Poverty here runs at 8.8%, with unemployment measured at 2.9%. On housing, the median home value is $237,300 (4% above the state average) with median rent at $1,216 per month, and 68.5% of occupied units are owner-occupied.

A solid share of residents have a four-year degree: 39.4% of adults hold a bachelor's degree or higher, the median age is 44.5, and the average commute is 17 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Erie County, so you can benchmark 16506 against its immediate geography rather than a 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 16506

Top 5 sectors by establishment count in Erie, PA

Which industries have the most business establishments in ZIP 16506.

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 · ZIP Code Business Patterns (ZBP) As of 2023

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 16506, 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

23,720

Population

36.5

Area (sq mi)

651

People / sq mi

New York

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 16506?

44.5

Median Age

53.0%

Male

47.0%

Female

5.3%

Foreign-Born

White 87.8%
African American 1.8%
Asian 4.8%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 5.2%
Hispanic or Latino 2.4%

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?

$81,060

Median Household Income

+4% vs state

$45,911

Per Capita Income

8.8%

Poverty Rate

2.9%

Unemployment Rate

17.4 min

Mean Commute Time

How ZIP 16506 ranks nationally

Erie, PA household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$81,060 Top 37% higher than 63% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). Below this entry. $80,000–$100,000: 5,778 US ZIPs (19%). This entry sits in this band. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

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?

High School Graduate or Higher 69.2%
Bachelor's Degree or Higher 39.4%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

10,568

Total Housing Units

10,144

Occupied Units

424

Vacant Units

2.34

Avg Household Size

Occupancy Type

Owner 68.5%
Renter 31.5%

$237,300

Median Home Value

+4% vs state

$1,216

Median Rent

1979

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

+7.0%

YoY Change (2024)

218

HPI Index (2000 = 100)

+118%

Total Change Since 2000

Home values in ZIP 16506 have increased 7.0% over the past year (2024). Since 2000, this ZIP has seen +118% cumulative appreciation.

Year Annual Change HPI Index
2020 +4.4% 149
2021 +12.6% 168
2022 +13.6% 191
2023 +7.0% 204
2024 +7.0% 218

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 622 business establishments in ZIP 16506, employing approximately 10,383 people with a combined annual payroll of $496,393,000.

622

Businesses

10,383

Employees

$496.4M

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Health care and social assistance 98 15.8%
Retail trade 69 11.1%
Other services (except public administration) 68 10.9%
Professional, scientific, and technical services 65 10.4%
Manufacturing 56 9.0%
Finance and insurance 46 7.4%
Construction 44 7.1%
Accommodation and food services 36 5.8%
Real estate and rental and leasing 32 5.1%
Wholesale trade 31 5.0%
Administrative and support and waste management and remediation services 29 4.7%
Transportation and warehousing 12 1.9%
Educational services 11 1.8%
Arts, entertainment, and recreation 10 1.6%
Information 7 1.1%
Management of companies and enterprises 6 1.0%

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 16506 vs 16505 →

ZIP 16506 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 16506 ranks #2 by population - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 16506 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 16506 ranks #2 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
16505 Erie, PA 17,168 3.5 mi
16508 Erie, PA 16,050 3.8 mi
16426 Mc Kean, PA 3,730 5.8 mi
16502 Erie, PA 16,664 4.2 mi
16415 Fairview, PA 8,916 4.6 mi
16509 Erie, PA 26,810 5.7 mi
16501 Erie, PA 2,044 5.1 mi
16507 Erie, PA 11,088 6.0 mi
16546 Erie, PA 1,154 5.8 mi
16504 Erie, PA 17,322 6.2 mi

More ZIP Codes in Erie County

16509 standard
Erie, PA
Pop: 26,810
16510 standard
Erie, PA
Pop: 25,625
16504 standard
Erie, PA
Pop: 17,322
16505 standard
Erie, PA
Pop: 17,168
16503 standard
Erie, PA
Pop: 16,850
16502 standard
Erie, PA
Pop: 16,664

Related Areas

Erie County Erie, PA Pennsylvania

Frequently Asked Questions

What county is ZIP code 16506 in? ▼
ZIP code 16506 (Erie) is located in Erie County, Pennsylvania. Erie County contains multiple ZIP codes, see the full list at /counties/erie-pa.
What is the population of ZIP code 16506? ▼
ZIP code 16506 in Erie, PA has a population of 23,720 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 16506? ▼
The median household income in ZIP 16506 is $81,060, which is 6% above the national average of $76,288.
What is the average home value in ZIP 16506? ▼
The median home value in ZIP 16506 is $237,300, which is 15% below the national average of $278,155.
What is the demographic makeup of ZIP 16506? ▼
The largest racial group in ZIP 16506 is White at 87.8%. Hispanic or Latino residents make up 2.4% of the population.
How many businesses are in ZIP code 16506? ▼
ZIP code 16506 has 622 business establishments employing approximately 10,383 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 16506? ▼
The top industries by establishment count in ZIP 16506 are: Health care and social assistance (98), Retail trade (69), Other services (except public administration) (68). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 16506? ▼
According to the FHFA House Price Index, home values in ZIP 16506 increased by 7.0% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 118%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 16506? ▼
In ZIP code 16506, 69.2% of residents aged 25+ have a high school diploma or higher, and 39.4% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 16506? ▼
The mean commute time for workers in ZIP code 16506 is 17.4 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 16506? ▼
In ZIP code 16506, approximately 68.5% of occupied housing units are owner-occupied and 31.5% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 16506? ▼
The poverty rate in ZIP code 16506 is 8.8% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

Read our methodology to see how this data is sourced, computed, and verified.