16505 Erie, Pennsylvania is an ideal destination for those looking for a balance between affordable cost of living and access to amenities. According to recent data, the two bedroom rent in 16505 Erie is just $940, which is 35% less than the US average cost of $1,430. Furthermore, the grocery cost index in 16505 Erie is 97 versus 100 in the US, meaning groceries are even more affordable there. Not only can you find great value while living in 16505 Erie; local businesses such as Performance Foodservice-Erie North and EastSide Foods provide quality goods and services to residents. All in all, 16505 Erie offers a great balance between affordability and convenience.
Erie (zip 16505) has an unemployment rate of 7.6%. The US average is 6.0%.
Erie (zip 16505) has seen the job market decrease by -7.1% over the last year. Future job growth over the next ten years is predicted to be 17.0%, which is lower than the US average of 33.5%.
Tax Rates for Erie (zip 16505)
- The Sales Tax Rate for Erie (zip 16505) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Erie (zip 16505) is 4.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Erie (zip 16505)
- The average income of a Erie (zip 16505) resident is $46,185 a year. The US average is $37,638 a year.
- The Median household income of a Erie (zip 16505) resident is $65,767 a year. The US average is $69,021 a year.