Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in ZCTA5 16401, Pennsylvania?
ZIP code · Census ACS 5-Year estimates
The median gross rent in ZCTA5 16401, Pennsylvania (ZIP 16401) is $666/month (±$59), based on Census ACS 5-Year estimates (2024). The median home value is $162,600 (±$11,536), and the median household income is $70,052/year. The unemployment rate in Erie County, Pennsylvania was 3.8% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for ZIP 16401
| Metric | Value |
|---|---|
| Median Gross Rent | $666 |
| Median Home Value | $162,600 |
| Median Household Income | $70,052 |
| Total Housing Units | 1,647 |
| Renter-Occupied Units | 298 |
| Renter-Occupied Share | 18% |
| Households Paying 50%+ Income | 61 households |
| Unemployment Rate(April 2026) | 3.8% |
How does ZIP 16401 compare?
Median gross rent ranked against all ZIP codes in Pennsylvania.
Higher rent than 5% of ZIP codes in Pennsylvania · 1300th of 1373
| # | ZIP code | Value |
|---|---|---|
| 1 | ZCTA5 19436 | $3,501 |
| 1 | ZCTA5 19035 | $3,501 |
| 3 | ZCTA5 19041 | $3,388 |
| … 1296 more … | ||
| 1300 | ZCTA5 16401(you are here) | $666 |
| … 70 more … | ||
| 1371 | ZCTA5 15716 | $440 |
| 1372 | ZCTA5 15952 | $329 |
| 1373 | ZCTA5 15771 | $233 |
Geography
ZIP 16401 is in Erie County, Pennsylvania.
It covers part of Albion borough city, Pennsylvania.
More data for ZCTA5 16401
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Frequently asked questions
What is the average rent in ZCTA5 16401, Pennsylvania?
The median gross rent in ZCTA5 16401, Pennsylvania (ZIP 16401) is $666/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in ZCTA5 16401, Pennsylvania?
The median rent for a 2-bedroom in ZCTA5 16401, Pennsylvania is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in ZCTA5 16401, Pennsylvania?
The median home value in ZCTA5 16401, Pennsylvania (ZIP 16401) is $162,600 according to Census ACS 5-Year estimates (2024).
What percentage of renters in ZCTA5 16401 are rent-burdened?
In ZCTA5 16401, Pennsylvania, 61 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in ZCTA5 16401, Pennsylvania?
The median household income in ZCTA5 16401, Pennsylvania is $70,052/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $666 has a margin of error of ±$59. In very small areas, MOEs can be large relative to the estimate.
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