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16505 Income Statistics

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Comparison to Surrounding Areas

16505 Median Household Income

The median household income ($69,884) for 16505 is less than the median household income for 16415 ($100,867), 16506 ($83,782), Fairview township ($100,013), and Millcreek township ($77,400). But it's more than 16501 ($14,319), 16502 ($35,508), 16507 ($34,016), 16511 ($62,420), Erie County ($59,396), and Erie city ($43,135).

16505$69,884
Erie city$43,135
Fairview township$100,013
Millcreek township$77,400
Erie County$59,396

16505 Average Household Income

The average household income ($103,692) for 16505 is less than the average household income for 16415 ($125,467), 16506 ($105,765), and Fairview township ($129,900). But it's more than 16501 ($26,257), 16502 ($48,003), 16507 ($48,634), 16511 ($81,027), Erie County ($79,353), Erie city ($58,187), and Millcreek township ($98,741).

16505$103,692
Erie city$58,187
Fairview township$129,900
Millcreek township$98,741
Erie County$79,353

16505 Per-Capita Income

The per-capita income for 16505 is $49,519. The per capita income ($49,519) for 16505 is more than 16511 ($32,516), 16501 ($18,875), 16502 ($21,906), 16506 ($43,944), 16507 ($21,335), 16415 ($44,279), Erie County ($32,858), Erie city ($25,090), Fairview township ($46,644), and Millcreek township ($42,617).

16505$49,519
Erie city$25,090
Fairview township$46,644
Millcreek township$42,617
Erie County$32,858

16505 High Income Households

11.0% of households make over $200,000 a year. The percent high income households (11.0%) for 16505 is more than 16511 (3.4%), 16501 (1.8%), 16502 (1.2%), 16506 (10.7%), 16507 (1.7%), 16415 (17.9%), Erie County (5.5%), Erie city (2.2%), Fairview township (20.2%), and Millcreek township (9.2%).

1650511.0%
Erie city2.2%
Fairview township20.2%
Millcreek township9.2%
Erie County5.5%

16505 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
16505$32,757$77,468$87,075$55,100
Erie city$27,642$45,255$53,452$34,994
Fairview township$-1$124,853$96,901$77,083
Millcreek township$34,579$89,987$97,417$55,635
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 16505 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+
16505+/-$8,745+/-$9,421+/-$4,527+/-3.2%+/-$22,662+/-$27,186+/-$9,844+/-$8,911
Erie city+/-$2,142+/-$2,247+/-$843+/-0.5%+/-$5,714+/-$2,446+/-$3,922+/-$2,563
Fairview township+/-$10,651+/-$11,589+/-$4,512+/-5.1%+/-$-1+/-$54,058+/-$18,630+/-$14,848
Millcreek township+/-$4,316+/-$4,553+/-$1,891+/-1.4%+/-$8,687+/-$6,362+/-$7,493+/-$6,008
Erie County+/-$1,515+/-$1,561+/-$677+/-0.4%+/-$1,453+/-$3,986+/-$2,137+/-$1,917