ZIP 16503 — Business Opportunities

Top business opportunities in 16503

The highest-scored business categories to consider opening in Erie, PA, based on demand (population, income, demographic fit) versus existing supply.

1. 1. Dancing School 100/100
   ~1.4 businesses underserved · confidence: high
2. 2. Toys & Games 100/100
   ~1.3 businesses underserved · confidence: high
3. 3. Driving School 100/100
   ~1.5 businesses underserved · confidence: high
4. 4. Music School 100/100
   ~1.8 businesses underserved · confidence: high
5. 5. Prep School 87/100
   ~0.9 businesses underserved · confidence: low
6. 6. Cafes & Coffee Shops 75/100
   ~2.6 businesses underserved · confidence: high
7. 7. Chemist 58/100
   ~1.2 businesses underserved · confidence: high
8. 8. Department Store 58/100
   ~1.2 businesses underserved · confidence: high
9. 9. Doityourself 58/100
   ~1.2 businesses underserved · confidence: high
10. 10. Truck 58/100
    ~1.9 businesses underserved · confidence: high

What's already here — existing business mix

The most common business categories currently operating in ZIP 16503.

• Religious — 30 businesses
• Auto Repair — 23 businesses
• Park — 18 businesses
• Grocery & Supermarkets — 16 businesses
• Convenience Stores — 14 businesses
• Auto Sales — 8 businesses
• Restaurants — 8 businesses
• Association — 8 businesses
• Bars & Nightlife — 7 businesses
• Playground — 6 businesses
• Gas Stations — 5 businesses
• Schools — 5 businesses
• Hair Salons — 5 businesses
• Social Facility — 5 businesses
• Fast Food — 4 businesses

Full demographic profile

Population	16,065
Households	5,782
Median household income	$29,240
Per capita income	$17,910
Median age	31.0
% bachelor's degree or higher	11.199%
% age 18–34	27.339%
% age 65+	6.1%
% renter-occupied	53.009%
Median home value	$52,100
Median gross rent	$815
Unemployment rate	10.265%

Nearby ZIPs in PA

16117 Ellwood City · 16116 Edinburg · 16114 Clarks Mills · 16113 Clark · 16112 Bessemer · 16111 Atlantic