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A tight-supply market with no rental pool to price against. Demand is visible here; the rent math is not.
What would change this read: the median listing price is +2.0% YoY. inventory, +34.2% YoY, is the number to watch.
The median listing price is up 2.0% YoY while the median home got down 3.4% bigger, so value per square foot is down 10.4%.
U.S. Census ACS characteristics for ZIP 14218 itself, not its parent county.
Renters hold 43.8% of this ZIP's 8,613 occupied households, on a median household income of $55K.
| Measure | ZIP 14218 | Erie County | Difference |
|---|---|---|---|
| Median Household Income | $55K | $73K | -$18K |
| Below Poverty Level | 22.2% | 13.9% | +8.3% |
| Median Age | 38.30 | 40.40 | -2.10 |
| Total Population | 20,312 | 950,622 | -- |
| Avg Household Size | 2.33 | 2.26 | +0.07 |
| Owner-Occupied | 56.2% | 65.8% | -9.6% |
| Worked From Home | 8.0% | 12.9% | -4.9% |
| Mean Commute | 20.30 | 21.30 | -1.00 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is up 0.1% to 950,622: residents under 18 are down 0.6% and those 65 and over are up 2.6%.
County median household income is $73K, 13.9% of residents are below the poverty level, 12.9% work from home.