ZIP 16502 Property Distress & Foreclosure Data

Composite property distress in 16502 (Erie County, Pennsylvania) lands at 25/100 — low on DLRadar's public-record scoring. Structural risk reads 56/100 against active distress of 2/100. The sharpest non-environmental signals are construction/permit lag (80/100), structural risk (56/100), institutional ownership (14/100). By contrast, institutional ownership (14/100) and mortgage stress (6/100) register low. It additionally carries heavy environmental risk: climate & FEMA risk (83/100).

The market reads expansion — home values rose 9.4% year on year, and 42% higher over three years, at 59/100 phase confidence. Appreciation rarely lifts every parcel — the laggards are the opportunity.

About 15,815 people live here, median age 33. On demographic stress specifically, 16502 scores 39/100. Vacancy runs 11.8%, above the national norm and a classic distress-and-opportunity signal. About 18% have a four-year degree. There are about 7,963 housing units across 16502. Households earn a median $34,649 — below the roughly $78,000 national figure. A median home runs $93,000 here, or 2.6 times local income. Roughly 33.0% live below the poverty line, elevated and often tied to deferred-maintenance inventory. The tenure split is 34% owner-occupied to 66% rented. Rent burden reaches 54% of tenant households.

Net-net, 16502 is a working-distress ZIP — the kind that rewards current, parcel-level intelligence. Every signal above traces to a verifiable public dataset, refreshed continuously and scored the same way in every ZIP nationwide.