16505 Income Statistics

Comparison to Surrounding Areas

16505 Median Household Income

The median household income ($72,938) for 16505 is less than the median household income for 16415 ($108,214), 16506 ($81,060), 16511 ($74,102), Fairview township ($112,306), and Millcreek township ($76,390). But it's more than 16501 ($16,394), 16502 ($38,566), 16507 ($33,361), Erie County ($63,354), and Erie city ($46,113).

16505$72,938
Erie city$46,113
Fairview township$112,306
Millcreek township$76,390
Erie County$63,354

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16505 Average Household Income

The average household income ($103,558) for 16505 is less than the average household income for 16415 ($149,013), 16506 ($107,303), and Fairview township ($147,903). But it's more than 16501 ($27,418), 16502 ($56,819), 16507 ($47,277), 16511 ($91,607), Erie County ($85,573), Erie city ($62,166), and Millcreek township ($102,772).

16505$103,558
Erie city$62,166
Fairview township$147,903
Millcreek township$102,772
Erie County$85,573

Get Average Household Income for all Zip Codes in Pennsylvania.

16505 Per-Capita Income

The per-capita income for 16505 is $50,524. The per capita income ($50,524) for 16505 is less than the per capita income for 16415 ($52,813) and Fairview township ($53,633). But it's more than 16511 ($37,393), 16502 ($26,082), 16506 ($45,911), 16507 ($21,277), 16501 ($18,958), Erie County ($35,812), Erie city ($27,339), and Millcreek township ($44,617).

16505$50,524
Erie city$27,339
Fairview township$53,633
Millcreek township$44,617
Erie County$35,812

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16505 High Income Households

11% of households make over $200,000 a year. The percent high income households (11.0%) for 16505 is less than the percent high income households for 16415 (23.7%) and Fairview township (26.8%). But it's more than 16511 (6.1%), 16502 (2.0%), 16506 (10.9%), 16507 (1.7%), 16501 (1.2%), Erie County (6.8%), Erie city (2.6%), and Millcreek township (9.9%).

1650511.0%
Erie city2.6%
Fairview township26.8%
Millcreek township9.9%
Erie County6.8%

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16505 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
16505$33,594$90,125$93,622$48,254
Erie city$27,383$51,377$53,976$37,676
Fairview township$-1$165,847$128,864$74,766
Millcreek township$-1$91,636$104,480$51,278
Erie County$27,500$69,930$79,520$47,768

Get Median Household Income by Age of Householder for all Zip Codes in Pennsylvania.

16505 Map

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About the Data

Data Sources

All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2024 5-year estimates. You can find this information and other demographics for 16505 on the US Census Bureau’s website. These values are in 2024 inflation-adjusted dollars and were downloaded on 29 January 2026.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2024 inflation-adjusted dollars) By Age Of Householder

Margins of Error

Margins of error for the 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+/-$11,639+/-$10,794+/-$5,602+/-3.7%+/-$32,162+/-$26,032+/-$7,132+/-$8,559
Erie city+/-$2,036+/-$2,339+/-$1,025+/-0.6%+/-$5,407+/-$2,015+/-$5,367+/-$2,263
Fairview township+/-$18,043+/-$12,652+/-$4,846+/-4.9%+/-$-1+/-$40,075+/-$41,479+/-$23,046
Millcreek township+/-$4,146+/-$4,870+/-$2,229+/-1.6%+/-$-1+/-$8,195+/-$6,369+/-$6,010
Erie County+/-$1,812+/-$1,939+/-$791+/-0.6%+/-$3,964+/-$3,508+/-$2,888+/-$2,034