ZIP 16506 Property Distress & Foreclosure Data

DLRadar grades ZIP 16506 (Erie County, Pennsylvania) at a low 25/100 for overall property distress. Structural risk reads 56/100 against active distress of 2/100. Property-level stress concentrates in construction/permit lag (80/100), structural risk (56/100), institutional ownership (14/100). On the quiet end sit institutional ownership (14/100) and mortgage stress (6/100). Environmental exposure also runs high (climate & FEMA risk (83/100)).

The expansion-phase market in 16506 posted values that rose 9.4% over the year, and 25% higher over three years, at 59/100 phase confidence. Rising prices can mask pockets of distress, where per-parcel scoring earns its keep.

Population is roughly 24,190 with a median age of 44. The typical home is worth about $237,300 (2.7× income, relatively affordable). There are about 10,568 housing units across 16506. The demographic-stress sub-score lands at 25/100. 70% of housing is owner-occupied. Vacancy runs 4.4%. Rent burden reaches 39% of tenant households. Around 39% of adults hold a bachelor's degree or higher. At $84,021, median income runs near typical U.S. levels. The poverty rate is 7.8%.

On balance 16506 is mixed, rewarding parcel-by-parcel screening over broad assumptions. Every signal above traces to a verifiable public dataset, refreshed continuously and scored the same way in every ZIP nationwide.