ZIP comparison · Erie, PA
16502 vs 16507
Side-by-side comparison of two ZIP codes — typical home value, rent, yield, taxes, schools, and demographics. The greener number on each row signals which ZIP comes out ahead on that metric.
| Metric | ZIP16502Erie, PA | ZIP16507Erie, PA |
|---|---|---|
| Home value | ||
| Typical home value | Better: $128,191 | $105,529 |
| 1-year appreciation | Better: +4.2% | +3.1% |
| 5-year CAGR | Better: +8.3% | +7.1% |
| 10-year CAGR | Better: +7.0% | +6.3% |
| Rent & investment | ||
| Monthly rent | Better: $975 | $1,053 |
| Gross yield | 9.1% | Better: 12.0% |
| Cap rate | 5.5% | Better: 7.2% |
| Property tax | ||
| Effective tax rate | 2.1% | Better: 1.8% |
| Typical annual tax | $2,751 | Better: $1,903 |
| Demographics | ||
| Population | 15,995 | 8,597 |
| Median household income | Better: $38,566 | $33,361 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Moderate | Relatively Moderate |
| Net migration | -746 | -746 |
| Schools | ||
| Public schools | 1 | 1 |
| Students enrolled | 722 | 542 |