Area data
Erie, PA — ZIP 16503
Population: 15,753 (Census ACS)
Home values & appreciation
- Median home value
- $71,458
- 1-year appreciation
- +3.5%
- 3-year appreciation
- +25.7%
- 5-year appreciation
- +37.8%
- 10-year appreciation
- +104.4%
- All-time peak (2026-06)
- $71,594
- House Price Index
- 370.8 (+4.0% YoY)
Market activity
- Median sale price
- $95,000
- Median list price
- $87,500
- Median days on market
- 32 days
- Sale-to-list ratio
- 93.9%
- Active listings
- 5
- 1-year forecast
- +1.7%
- New listings (monthly)
- 7
Rents
- Typical rent
- $800/mo
- 1BR fair-market rent
- $1,083/mo
- 3BR fair-market rent
- $1,740/mo
Affordability
- Cost of living index (Average)
- 97.5 (100 = US avg)
- Electricity rate (state-level)
- 19.3¢/kWh
- Natural gas rate (state-level)
- $15.00/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Schools
- Total schools
- 3
- Elementary schools
- 2
- Middle schools
- 1
- High schools
- 0
Natural hazards & flood risk
- Overall hazard risk
- Relatively Moderate
- Top hazards
- lightning, strongWind, winterWeather, iceStorm, inlandFlooding
- FEMA flood zone
- C
- Flood risk level
- Minimal
Climate (30-year normals)
- Average annual temperature
- 51.0°F
- Average high
- 59.0°F
- Average low
- 43.0°F
- Annual precipitation
- 45.0 in
- Annual snowfall
- 101.6 in
Air quality
- Air quality rating
- Good
- Median AQI (annual)
- 42
- Days with Good air quality
- 240
- Days with Unhealthy air quality
- 3
Walkability & transit
- Walkability index
- 11.5 / 20
- Transit service frequency
- 400
Amenities
- Nearest airport
- Erie International Tom Ridge Field (ERI) (7 mi)
- Nearest major airport
- Erie International Tom Ridge Field (ERI) (7 mi)
- Hospitals nearby (~15 mi)
- 2
- Avg hospital rating
- 2.0 / 5
- Solar radiation rating
- Fair (3.6 kWh/m²/day)
Migration
- Net migration
- -512 tax filers
Housing stock
- Median year housing built
- 1,938
- Median annual property tax
- $1,426
- Mean commute to work
- 20 min
- Households with broadband internet
- 60.4%
Employment & development
- Total county employment
- 103,916
- Average weekly wage
- $964
- Top industries (by employment)
- Health Care, Accommodation & Food, Finance & Insurance
- Annual residential building permits (county)
- 139
Area data compiled from public government, academic, and industry research feeds. Data sources →
Data last updated
Most recent source refresh: Aug 2026. See all data sources →