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16503 Income Statistics

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Comparison to Surrounding Areas

16503 Median Household Income

The median household income ($29,240) for 16503 is less than the median household income for 16511 ($62,420), 16508 ($53,197), 16510 ($59,949), 16502 ($35,508), 16504 ($47,146), 16507 ($34,016), Erie County ($59,396), and Erie city ($43,135). But it's more than 16501 ($14,319).

16503$29,240
Erie city$43,135
Erie County$59,396

16503 Average Household Income

The average household income ($46,708) for 16503 is less than the average household income for 16511 ($81,027), 16508 ($65,645), 16510 ($74,568), 16502 ($48,003), 16504 ($61,467), 16507 ($48,634), Erie County ($79,353), and Erie city ($58,187). But it's more than 16501 ($26,257).

16503$46,708
Erie city$58,187
Erie County$79,353

16503 Per-Capita Income

The per-capita income for 16503 is $17,910. The per capita income ($17,910) for 16503 is less than 16511 ($32,516), 16508 ($30,594), 16510 ($29,473), 16501 ($18,875), 16502 ($21,906), 16504 ($26,659), 16507 ($21,335), Erie County ($32,858), and Erie city ($25,090).

16503$17,910
Erie city$25,090
Erie County$32,858

16503 High Income Households

1.3% of households make over $200,000 a year. The percent high income households (1.3%) for 16503 is more than 16511 (3.4%), 16508 (2.3%), 16510 (4.5%), 16501 (1.8%), 16502 (1.2%), 16504 (1.9%), 16507 (1.7%), Erie County (5.5%), and Erie city (2.2%).

165031.3%
Erie city2.2%
Erie County5.5%

16503 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
16503$27,467$27,250$38,317$27,338
Erie city$27,642$45,255$53,452$34,994
Erie County$28,569$65,432$74,410$46,897

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About the Data

Sources & Margins of Error

All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2022 5-year estimates. You can find this information and other demographics for 16503 on the US Census Bureau’s website. These values are in 2022 inflation-adjusted dollars and were downloaded on 7 December 2023.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars) By Age Of Householder

Margins of error for the above income data are:

Median Household Income Average Household Income Per Capita Income High Income Households Median Household Income by Age of Householder
under 25 25 to 44 45 to 64 65+
16503+/-$3,128+/-$5,999+/-$2,138+/-0.9%+/-$11,714+/-$4,686+/-$11,263+/-$4,440
Erie city+/-$2,142+/-$2,247+/-$843+/-0.5%+/-$5,714+/-$2,446+/-$3,922+/-$2,563
Erie County+/-$1,515+/-$1,561+/-$677+/-0.4%+/-$1,453+/-$3,986+/-$2,137+/-$1,917