ZIP 16508 Property Distress & Foreclosure Data

Erie County, Pennsylvania's ZIP 16508 registers 25/100 composite distress, which DLRadar reads as low. Structural exposure scores 56 and live distress 2 on the 0–100 scale. It additionally carries heavy environmental risk: climate & FEMA risk (83/100). The most distinctive pressure shows up in 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.

The market reads expansion — home values rose 9.4% year on year, and 28% higher over three years, at 59/100 phase confidence. Appreciation rarely lifts every parcel — the laggards are the opportunity.

About 15,156 people live here, median age 38. On demographic stress specifically, 16508 scores 26/100. A median home runs $132,500 here, or 2.3 times local income. Rent burden reaches 34% of tenant households. The tenure split is 66% owner-occupied to 34% rented. About 28% have a four-year degree. There are about 7,285 housing units across 16508. Households earn a median $52,361 — below the roughly $78,000 national figure. Vacancy runs 6.1%. Roughly 14.3% live below the poverty line.

Net-net, 16508 is middle-of-the-pack, where the deals are specific addresses rather than the whole ZIP. Every signal above traces to a verifiable public dataset, refreshed continuously and scored the same way in every ZIP nationwide.