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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 +9.6% YoY. inventory, +51.9% YoY, is the number to watch.
The median listing price is up 9.6% YoY while the median home got up 12.2% bigger, so value per square foot is up 8.7%.
U.S. Census ACS characteristics for ZIP 14227 itself, not its parent county.
Renters hold 33.1% of this ZIP's 9,979 occupied households, on a median household income of $69K.
| Measure | ZIP 14227 | Erie County | Difference |
|---|---|---|---|
| Median Household Income | $69K | $73K | -$4K |
| Below Poverty Level | 6.3% | 13.9% | -7.6% |
| Median Age | 48.40 | 40.40 | +8.00 |
| Total Population | 20,621 | 950,622 | -- |
| Avg Household Size | 2.03 | 2.26 | -0.23 |
| Owner-Occupied | 66.9% | 65.8% | +1.1% |
| Worked From Home | 9.7% | 12.9% | -3.2% |
| Mean Commute | 19.90 | 21.30 | -1.40 |
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.