ZIP 16510 - 860Z200US16510 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 16510 for your next home, investment, or business venture, understanding the local demographics and housing landscape is essential. Located in Erie County, Pennsylvania, this area offers a blend of suburban appeal and economic opportunity. With a population of over 25,000 and a median household income of nearly $65,000, ZIP 16510 presents a stable community for homebuyers, real estate investors, small-business owners, and analysts alike. This snapshot, based on 2023 data, breaks down the key metrics to help you make informed decisions about living, investing, or operating in this region.

Population & Households

ZIP 16510 is home to 25,152 residents, making it a moderately sized community with a strong residential base. These individuals are distributed across 10,054 households, reflecting a mix of family and individual living arrangements. The total number of housing units stands at 10,354, indicating a slight surplus of available properties relative to occupied households. This small gap could signal opportunities for buyers or investors looking to enter the market, as well as potential for rental demand among new residents.

Income & Housing Costs

The median household income in ZIP 16510 is $64,938, which suggests a solid economic foundation for many residents. This income level supports a comfortable lifestyle in an area where housing costs remain relatively accessible. The median house value is $158,700, positioning this ZIP code as an affordable option compared to national averages, especially for first-time homebuyers or those seeking value in their real estate investments. For renters, the median monthly rent is $796, offering a cost-effective alternative to homeownership. These figures highlight ZIP 16510 as a balanced market for both owning and renting, catering to diverse financial situations.

Race & Ethnicity

The demographic makeup of ZIP 16510 reflects a predominantly white population at 80.22%, with smaller but notable representation from other groups. Black residents account for 5.65% of the population, while Asian residents make up 4.43%. Additionally, 5.98% of the population identifies as Hispanic. This diversity, though not extensive, adds a layer of cultural richness to the community, which can be a draw for businesses aiming to serve varied customer bases or families seeking inclusive environments.

Key Facts

• Total population: 25,152 residents in ZIP 16510 as of 2023.
• Total households: 10,054, supporting a mix of family and solo living.
• Total housing units: 10,354, with a slight surplus over occupied homes.
• Median household income: $64,938, indicating economic stability.
• Median house value: $158,700, an accessible entry point for buyers.
• Median rent: $796 per month, appealing to cost-conscious renters.
• Racial composition: 80.22% white, 5.65% Black, 4.43% Asian, 5.98% Hispanic.

What This Means for You

For homebuyers, ZIP 16510 offers an attractive combination of affordability and community size. With a median home value of $158,700, this area is within reach for many budgets, while the population of over 25,000 ensures access to local amenities and a sense of neighborhood. Investors and real estate agents will note the slight surplus of housing units (10,354 total vs. 10,054 households), which could indicate room for rental properties or future sales as demand grows. Small-business owners can benefit from the stable median income of $64,938, suggesting residents have disposable income to support local goods and services, especially in a community with some cultural diversity to cater to. Analysts studying market trends will find ZIP 16510’s balanced housing costs and demographic profile useful for forecasting growth or identifying underserved niches. Whether you’re settling down, investing, or launching a venture, this ZIP code provides a practical foundation to build on.

Run This Study Yourself

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