Erie, PA · standard
ZIP Code 16508
Erie County, Pennsylvania - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 16,050
- 2,192/sq mi High-density area
- $56,391
- Median income Below-median income area
- $132,500
- Median home value Below-median home value
- 30.0%
- Bachelor's or higher Near-average bachelor's attainment
National ZIP placement
Erie pairs one of the lowest household incomes in the country with among the most affordable home values nationally, in a suburban-density, homeowner-dominated area.
- 23rd pct
- household income, US ZIPs
- 20th pct
- home value, US ZIPs
- 2,192
- people per sq mi
- 69%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 16508 against every reporting US ZIP.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 16508 (Erie, PA) rose +5.0% from 2023 to 2024. The all-transactions index moved from 195.2 in 2023 to 205.0 in 2024 (2000 = 100).
ZIP code 16508 is a mid-sized community (a standard USPS delivery area) in Erie, Erie County, Pennsylvania, home to 16,050 residents across 7.3 square miles, a density of 2,192 people per square mile, in the New York time zone.
ZIP 16508 reports a modest median household income of $56,391 (28% below the average Pennsylvania ZIP), while per-capita income is $32,389. The poverty rate is 12.1%, with unemployment at 5.3%; those measures add context to the income figure. Home values sit below the statewide ZIP benchmark: the median is $132,500 (42% below the average Pennsylvania ZIP), and median rent is $880; owner occupancy is 68.6%.
A solid share of residents have a four-year degree: 30.0% of adults hold a bachelor's degree or higher, the median age is 37.6, and the average commute is 18 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Erie County, so 16508 can be compared with both its immediate and county-level context.
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 16508
Top 5 sectors by establishment count in Erie, PA
Which industries have the most business establishments in ZIP 16508.
- Health care and social assistance
Health care and social assistance
75 establishments
- Other services (except public administration)
Other services (except public administration)
64 establishments
- Retail trade
Retail trade
51 establishments
- Accommodation and food services
Accommodation and food services
34 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
32 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 16508, 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
16,050
Population
7.3
Area (sq mi)
2,192
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 16508?
37.6
Median Age
46.6%
Male
53.4%
Female
3.5%
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?
$56,391
Median Household Income
-28% vs state ZIP avg
$32,389
Per Capita Income
12.1%
Poverty Rate
5.3%
Unemployment Rate
17.9 min
Mean Commute Time
How ZIP 16508 ranks among Pennsylvania ZIPs
Erie, PA household income vs. every Pennsylvania ZIP code
Median household income among 1,642 reporting Pennsylvania ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$56,391 18th percentile higher than 18% of 1,642 Pennsylvania ZIPs
Each bar is a $20K-wide band; taller bars hold more Pennsylvania 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?
Housing stock: occupied vs vacant
7,285housing units
7,285
Total Housing Units
6,791
Occupied Units
494
Vacant Units
2.17
Avg Household Size
Occupancy Type
$132,500
Median Home Value
-42% vs state ZIP avg
$880
Median Rent
1949
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
+5.0%
YoY Change (2024)
205
HPI Index (2000 = 100)
+105%
Total Change Since 2000
Home values in ZIP 16508 have increased 5.0% over the past year (2024). Since 2000, this ZIP has seen +105% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +3.8% | 132 |
| 2021 | +14.2% | 150 |
| 2022 | +13.4% | 171 |
| 2023 | +14.4% | 195 |
| 2024 | +5.0% | 205 |
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 370 business establishments in ZIP 16508, employing approximately 4,340 people with a combined annual payroll of $153,492,000.
370
Businesses
4,340
Employees
$153.5M
Annual Payroll
15
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Health care and social assistance | 75 | 20.3% |
| Other services (except public administration) | 64 | 17.3% |
| Retail trade | 51 | 13.8% |
| Accommodation and food services | 34 | 9.2% |
| Professional, scientific, and technical services | 32 | 8.7% |
| Finance and insurance | 28 | 7.6% |
| Construction | 24 | 6.5% |
| Administrative and support and waste management and remediation services | 12 | 3.2% |
| Wholesale trade | 10 | 2.7% |
| Manufacturing | 8 | 2.2% |
| Real estate and rental and leasing | 8 | 2.2% |
| Information | 7 | 1.9% |
| Arts, entertainment, and recreation | 6 | 1.6% |
| Transportation and warehousing | 5 | 1.4% |
| Educational services | 4 | 1.1% |
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 16508 vs 16502 →
ZIP 16508 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
- 16501 2,044
Erie (16501)
2,044 residents
What this shows Among its immediate neighbors, ZIP 16508 ranks #7 by population - useful context the national average alone can't give.
ZIP 16508 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
- 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
- 16501 $16,394
Erie (16501)
$16,394 median income
What this shows By household income, ZIP 16508 ranks #5 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 | 1.1 mi |
| 16501 | Erie, PA | 2,044 | 1.7 mi |
| 16507 | Erie, PA | 11,088 | 2.8 mi |
| 16546 | Erie, PA | 1,154 | 2.1 mi |
| 16504 | Erie, PA | 17,322 | 2.4 mi |
| 16503 | Erie, PA | 16,850 | 2.7 mi |
| 16505 | Erie, PA | 17,168 | 3.1 mi |
| 16509 | Erie, PA | 26,810 | 3.7 mi |
| 16506 | Erie, PA | 23,720 | 3.8 mi |
| 16563 | Erie, PA | 1,621 | 5.7 mi |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 16508, both outside PA so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (16,050 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Erie County
Related Areas
Frequently Asked Questions
What county is ZIP code 16508 in?
ZIP code 16508 (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 16508?
ZIP code 16508 in Erie, PA has a population of 16,050 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 16508?
The median household income in ZIP 16508 is $56,391, which is 26% below the national average of $76,288.
What is the average home value in ZIP 16508?
The median home value in ZIP 16508 is $132,500, which is 52% below the national average of $278,155.
What is the demographic makeup of ZIP 16508?
The largest racial group in ZIP 16508 is White at 83.2%. Hispanic or Latino residents make up 4.1% of the population.
How many businesses are in ZIP code 16508?
ZIP code 16508 has 370 business establishments employing approximately 4,340 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 16508?
The top industries by establishment count in ZIP 16508 are: Health care and social assistance (75), Other services (except public administration) (64), Retail trade (51). There are 15 industry sectors represented in total.
How have home values changed in ZIP code 16508?
According to the FHFA House Price Index, home values in ZIP 16508 increased by 5.0% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 105%. 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 16508?
In ZIP code 16508, 66.2% of residents aged 25+ have a high school diploma or higher, and 30.0% 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 16508?
The mean commute time for workers in ZIP code 16508 is 17.9 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 16508?
In ZIP code 16508, approximately 68.6% of occupied housing units are owner-occupied and 31.4% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 16508?
The poverty rate in ZIP code 16508 is 12.1% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 16508's numbers, next.
- See how ZIP 16508 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Erie, PA ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
- Save this ZIP to your shortlist to track alongside others you're considering View your shortlist
ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.