Erie city, PA

ZIP 16508 — Economy & Jobs

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Income, employment, industries, and economic trends

Income & Economy in Erie city, PA (16508)

Median Income

$52,361

*Adjusted for inflation (2023 dollars)

IRS Net Migration

+690

Wealth inflow

Population

15,156

Unemployment

5.8%

2.1pp above US avg

IRS migration statistics show a net inflow of about 690 for ZIP 16508 (Erie city, PA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.

Economic Indicators

Unemployment

5.8%+57% vs US avg

Self-Employed

4.2%-32% vs US avg

SNAP Benefits

20.8%+78% vs US avg

370

Establishments

4,340

Employees

~12 per establishment — small businesses dominate

Healthcare

Top Industry

Economic Distributions

Census ACS 5-Year (P0): occupation, industry, household income brackets.

Occupation

Industry

Agriculture, forestry, mining0.5%
Construction5.7%
Manufacturing13.1%
Wholesale trade2.0%
Retail trade10.4%
Transportation, utilities3.1%
Information1.0%
Finance, insurance, real estate7.1%
Professional, scientific, management6.7%
Education, health care, social30.2%
Arts, entertainment, food services11.8%
Other services4.4%
Public administration4.2%

Household Income

Historical Trends in 16508 (2020–Present)

Since 2020, population declined 5.4%, median income fell 12.4% (inflation-adjusted), home values increased 3.9%.

Median Income

$52,361

-30% vs US avg

Unemployment Rate