Housing
Prudential rated Erie as the 24th city with the most affordable housing in a study of 150 cities. The average mortgage for owner-occupied homes is $889 monthly. Owner-occupied homes have an estimated median value of $84,744. No wonder the ownership rate is at 69.2 percent.
Renters also benefit from the low cost of housing, and pay an average of only $433 a month.
There are 114,322 housing units in Erie with average of five or more rooms each. For 97.7 percent of these units there’s an average of one person per room. Sixty two point two percent of the homes are between $50,000 to $99,999. The average home costs $65,900 even though the median value is $84,744.
Erie is currently is the process of building and renovating more city-center apartments at Lovell Place.
Numerous cottages are available for rental for the four million visitors that come to Erie every year.
- Four of America’s Top 50 plastic companies are located in Erie.
- Erie is the home to the oldest lighthouse on the Great Lakes.
- The character Alice from the Brady Bunch was born in Erie.
- Erie is covered in 167,634 acres of farmland.
- Average summer temperature in Erie is 76.4°F.
- Average winter temperature is a low of 20°F and a high of 35°F.
- Erie is 19.3 square miles.
- The total area of Erie is 21.54 percent water.
- Birthplace of 2005 NFL player Bob Sanders