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Area data

Erie, PA — ZIP 16507

Population: 8,597 (Census ACS)

The typical home value in ZIP 16507 (Erie, PA) is $103,745 — up 5.9% over the past year. Homes sell for a median $140,000 after a median 11 days on market. Typical rent runs $1,162/month. 1 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Moderate, with lightning, strong wind, winter weather the top-rated hazards. Cost of living is 2.4% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$103,745

Typical home value

+5.9%

1-year change

11

Median days on market

Relatively Moderate

Hazard risk (county)

Home values & appreciation

Typical home value
$103,745
1-year appreciation
+5.9%
3-year appreciation
+21.2%
5-year appreciation
+43.1%
10-year appreciation
+86.9%
Peak value since 2000 (Jul 2026)
$104,226
House Price Index (state)
384.9 (+3.9% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$140,000
Median list price
$120,000
Median price per sqft
$85
1-year sale-price change
+8.1%
Median days on market
11 days
Homes sold (recent period)
15
For-sale inventory
13
Sale-to-list ratio
91.7%
Active listings
13
1-year forecast
+2.8%
New listings (monthly)
6

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$1,162/mo
1-year rent change
+4.7%
Studio fair-market rent
$753/mo
1BR fair-market rent
$851/mo
2BR fair-market rent
$1,091/mo
3BR fair-market rent
$1,350/mo
4BR fair-market rent
$1,564/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Average)
97.6 (100 = US avg)
Electricity rate (state-level)
19.3¢/kWh
Natural gas rate (state-level)
$15.00/MCF
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
1
Elementary schools
1
Middle schools
0
High schools
0
Charter schools
1
Avg student-teacher ratio
14.1 : 1
Schools include
Robert Benjamin Wiley Community CS

Source: NCES school directory, 2024-25 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Moderate
Top hazards (county)
lightning, strong wind, winter weather, ice storm, inland flooding
Notable hazard ratings (county)
lightning: Relatively High · strong wind: Relatively High · winter weather: Relatively High · tornado: Relatively Moderate · ice storm: Relatively Moderate · inland flooding: Relatively Moderate
Most common flood zone among NFIP claims
Zone AE
NFIP flood claims on record
6
Wildfire risk to homes (county)
Higher than 23% of US counties
Buildings in wildfire direct-exposure zone
36.9%
Radon potential (county)
Moderate radon potential — EPA Zone 2 of 3
EPA Superfund (NPL) sites within 5 mi
1
Nearest Superfund site
Mill Creek Dump (4.7 mi)
Flood zones vary by property. Look up a specific address on the FEMA Flood Map Service Center.
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA NFIP flood-insurance claims (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
48.0°F
Average high
57.0°F
Average low
38.0°F
Annual precipitation
48.2 in
Annual snowfall
111.0 in
USDA plant hardiness zone
7a (extreme annual low 0 to 5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
34
Days with Good air quality
280
Days with Moderate air quality
84
Highest AQI recorded (year)
149

Source: EPA annual air quality index (county-level)

Walkability & transit

Walkability index
11.8 / 20
Transit service frequency
0
Jobs reachable by car (30 min)
29,483
Jobs reachable by transit (45 min)
22,271

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

Airports within 30 mi
16
Nearest airport
Erie International Tom Ridge Field (ERI) (6 mi)
Nearest major airport
Erie International Tom Ridge Field (ERI) (6 mi)
Hospitals in or near this ZIP
10
Hospitals include
WESTFIELD MEMORIAL HOSPITAL, INC, WESTFIELD MEMORIAL HOSPITAL, INC, UNIVERSITY HOSPITALS CONNEAUT MEDICAL CENTER
Avg hospital rating (CMS)
3.0 / 5
Best hospital rating nearby (CMS)
4.0 / 5
Solar radiation rating
Fair (3.6 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data (same ZIP, else within ~40 mi) · DOE/NREL (proximity-based)

Migration

Net migration (county)
-512 tax filers

Source: IRS SOI county-to-county migration (county-level; published with a multi-year lag)

Housing stock

Median year housing built
1938
Housing built before 1970
75.8%
Housing built 2000 or later
7.0%
Median annual property tax
$1,361
Mean commute to work
16 min
Households with broadband internet
72.8%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
105,213
Average weekly wage
$1,054
Top industries (by employment)
Health Care, Accommodation & Food, Finance & Insurance
Annual residential building permits (county)
243

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 16507State medianUS median
Typical home value$103,745$237,223$288,527
Median sale price$140,000$254,900$325,000
Median days on market11 days43 days51 days
Typical rent$1,162/mo$1,560/mo$1,809/mo
Median annual property tax$1,361$2,326$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the typical home value in ZIP 16507?
$103,745.
What is the median sale price in ZIP 16507?
$140,000.
How long do homes take to sell in ZIP 16507?
Median days on market: 11 days.
What is typical rent in ZIP 16507?
Typical rent: $1,162/month.
What is the natural-hazard risk in ZIP 16507?
Overall risk: Relatively Moderate (FEMA NRI, county-level). Top hazards: lightning, strong wind, winter weather, ice storm, inland flooding.
Is ZIP 16507 in a flood zone?
Flood zones vary by property within ZIP 16507. 6 FEMA flood-insurance (NFIP) claims are on record; the most common zone among them is AE. Check a specific address on the FEMA Flood Map Service Center.
What is the wildfire risk in ZIP 16507?
Risk to homes is higher than 23% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 16507?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 16507?
1 current or proposed National Priorities List site within 5 miles (EPA). Nearest site: Mill Creek Dump, 4.7 mi.
How many schools serve ZIP 16507?
1 schools (1 elementary) (NCES, 2024-25).
Is ZIP 16507 walkable?
Walkability index: 11.8/20 (EPA Smart Location Database).
What is the air quality in ZIP 16507?
Good. Median AQI: 34. (EPA AQI).
What is the cost of living in ZIP 16507?
Regional Price Parity: 97.6 (100 = US average) (Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Oct 2026. See all data sources →

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