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ZIP Code 16506

Erie, Pennsylvania

FIPS 16506

Juniper

ZIP Code 16506 is in the top 6% nationally for appreciation 1yr %. It also sits in the top 14% nationally for HPI growth 5yr %. And it sits in the top 26% nationally for FEMA risk score.

Median Home Value

$237,300

Higher than 58% of U.S. ZIP codes

HPI Growth 5yr %

60%

Higher than 86% of U.S. ZIP codes

FEMA Risk Score

43.4

Lower than 74% of U.S. ZIP codes

The basics

Total Population

24,070

Median Age

44.5

Home values & property tax

Ranked against U.S. ZIP codes.

Median Home Value

$237,300

Higher than 58%

Median Property Tax

$3,776

Effective Tax Rate

2%

Cost of living & affordability

Ranked against U.S. ZIP codes.

Price-to-Income Ratio

2.93

Near median

Median Rent

$1,216

Higher than 73%

Home prices & appreciation

Ranked against U.S. ZIP codes.

HPI Growth 5yr %

60%

Higher than 86%

Appreciation 1yr %

9.8%

Higher than 94%

Pandemic Gain %

45%

Recession Drop %

0.56%

Climate & weather

Ranked against U.S. ZIP codes.

Summer Avg High (°F)

79.4

Winter Avg Low (°F)

23.6

Avg Temperature (°F)

50.8

Hot Days/yr (>90°F)

4.7

Freezing Days/yr (<32°F)

111.4

Annual Precipitation (in)

43

Annual Snowfall (in)

104.3

Flood & disaster risk

Ranked against U.S. ZIP codes.

FEMA Risk Score

43.4

Lower than 74%

EAL Flood/Coastal per $1K

0

The full report

Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.

  • People

  • Work & Money

  • Housing

  • Amenities

  • Environment & Risk

ZIP Code 16506: frequently asked questions

What is the median home value in ZIP Code 16506?
The median home value in ZIP Code 16506 is $237,300, higher than 58% of U.S. ZIP codes.
How much is property tax in ZIP Code 16506?
The median annual property tax in ZIP Code 16506 is $3,776, an effective rate of 2% of home value.
Is ZIP Code 16506 expensive to live in?
Homes in ZIP Code 16506 cost about 2.93× the median household income, near the U.S. ZIP codes median.
What is the average rent in ZIP Code 16506?
The median gross rent in ZIP Code 16506 is $1,216 a month, higher than 73% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 16506?
Home prices in ZIP Code 16506 have moved 60% over the past five years (9.8% in the past year), per the FHFA House Price Index.
What is the weather like in ZIP Code 16506?
ZIP Code 16506 averages 50.8°F year-round, summer highs near 79.4°F, winter lows around 23.6°F (NOAA 1991–2020 normals). It sees about 104.3 inches of snow a year.
Is ZIP Code 16506 at risk of flooding or natural disasters?
ZIP Code 16506's FEMA National Risk Index score is 43.4 (lower than 74% of U.S. ZIP codes). Its greatest modeled natural hazard is strong_wind. Modeled coastal-flood loss is negligible.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap, EPA. Explore the map →