Interested in purchasing investment houses in the 16509 zip code in Erie, PA?
The zip code 16509 is in Erie county with a latitude of -80.042560000000 and longitude of 42.058760000000, is in the state of Pennsylvania. The average asking price of houses and condos is $189,917.00 and the average sale price was $143,304.00. this regions is classified as the Erie metro area and is in the 814 area code. The location in degrees is 42° 3' 31.536" N, 80° 2' 33.216" W. The county F.I.P.S. is 42049. The total land area is 38.1 square miles and the water area is 0.0 square miles. The elevation in this area is 840 - 1335 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 16509 is in county number 049 and is L. Sector 10, L. Segment , H. Sector , and H. Segment . The population was 27,156 in 2019 and 26,810 in 2010. Of this, the break down in 2019 was 22,875 urban and 4,280 rural. This further breaks down to 13,106 males (48.3%) and 14,050 females (51.7%). The median age of residents is 44.0 years. The population of the greater Erie, PA area is 279,906. The population density (people per square mile) is 712. This zip code has a combined total of 13,025 houses and condos. There are 3,881 rented appartments. 32% of residents rent versus the 32% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $57,953 and the average salary is $48,801. The median household income of individuals is $53,797.00 and the average is $63,540.00. This zip code has a mean commute time to work of 17.4 minutes. The unemployment rate is 3.1%. Income earners by percent breakdown as 46.00% (Under $50,000), 36.10% ($50,000-$100,000), and 17.80% earn over $100,000. 7.2% of residents live below poverty line versus the 12.0% in the state that are below this line. The cost of living index is 92.7. The educational breakdown is 97.2% have a high school education or higher, 36.9% have a bachelor's degree or higher, and 13.8% have some kind of profesional degree.
This area has 11,539 households and the average size is 2.2 people. Individuals who are single and have never been married are 31.3%, 48.9% are now married, 1.6% are separated, 7.7% are widowed, and 10.5% are divorced. The average yearly contribution amount given by people to charity was $3,716 versus the state average of $4,025. The percent of residents who gave to charity was 22.0%.
The estimated median value of houses and condos is $175,482. The median monthly owner costs of mortgage holders was $1,368, where as the costs for those who don't have a mortgage are $544. The median number of rooms in houses and condos are 6.8 versus apartments which had a median number of 4.0.
The real estate tax percent rate is 1.7% which equated to an average real estate tax amount payment of $3,028. In comparision, the average real estate tax percent rate in the state is 1.5% which equated to an average real estate tax amount payment in the state of $2,887. The median housing property tax percent for residents with mortgages was 1.7% which amounted to an average tax amount of $3,239. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.7% which amounted to an average tax amount of $2,738. Reported taxable interest for persons was $1,395, dividends $7,403, capital gains +$9,537, and itemized deductions $21,044. The average earned income tax credit is $1,936. The percent of individuals that use a tax preparer is 51.7%. The total average income taxes paid by individuals was $8,435. Businesses reported an average profit of $16,514.
Texas Roadhouse
7475 Peach St, Erie, PA 16509
O'Charley's
2077 Interchange Rd, Erie, PA 16509
Quaker Steak & Lube
7851 Peach St, Erie, PA 16509
Fuhrman's Cider Bakery
8270 Peach St, Erie, PA 16509
Torero's Mexican Restaurant
1940 Douglas Pkwy, Erie, PA 16509
China Buffet
5138 Peach St, Erie, PA 16509
Boston's
8091 Peach St, Erie, PA 16509
Country Superette
9633 Wattsburg Rd, Erie, PA 16509
Beechwood Inn
9866 Wattsburg Rd, Erie, PA 16509
Lucky Louie's Beer Wieners
8238 Perry Hwy, Erie, PA 16509
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