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ZIP 16505 — Business Opportunities

Erie, PA · Local economy intelligence
Population
16,136
Median income
$69,884
Median age
49.1
Households
7,612

Top business opportunities in 16505

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

  1. 1. Parking Space 100/100
    ~1.6 businesses underserved · confidence: high
  2. 2. Bicycle Parking 100/100
    ~2.1 businesses underserved · confidence: high
  3. 3. Parking Entrance 100/100
    ~1.2 businesses underserved · confidence: high
  4. 4. Auto Sales 94/100
    ~3.2 businesses underserved · confidence: high
  5. 5. Pharmacies 89/100
    ~1.1 businesses underserved · confidence: high
  6. 6. Common 87/100
    ~1.1 businesses underserved · confidence: high
  7. 7. Watches 87/100
    ~0.9 businesses underserved · confidence: high
  8. 8. Model 87/100
    ~0.8 businesses underserved · confidence: high
  9. 9. Occupational Therapist 87/100
    ~1.0 businesses underserved · confidence: high
  10. 10. Cabinet Maker 87/100
    ~1.1 businesses underserved · confidence: high

What's already here — existing business mix

The most common business categories currently operating in ZIP 16505.

Full demographic profile

Population16,136
Households7,612
Median household income$69,884
Per capita income$49,519
Median age49.1
% bachelor's degree or higher45.666%
% age 18–3413.863%
% age 65+20.78%
% renter-occupied20.749%
Median home value$187,500
Median gross rent$831
Unemployment rate5.783%

Nearby ZIPs in PA

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

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