HousingHandbookReference data

U.S. ZIP Code · PA15116

Allegheny County · Pittsburgh, PA

Typical home value

$306,266[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+1.4%
5-year / yr
+3.1%
10-year / yr
+5.1%

Relative price

vs U.S.
+7.8%
vs metro
+70.0%
vs state
+31.2%
ZIP 15116 location in PA
Location of ZIP 15116 in PA

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 15116 is worth $306,266 — 70.0% above the Pittsburgh, PA median. Over the past year, values have risen 1.4%. The effective property tax rate is 1.4%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
1.4%[3]
Typical annual tax
$4,148[3]

#Climate risk

FEMA National Risk Index ratings for Allegheny County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively High[4]
Riverine flood
Very High
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
No Rating
Heat wave
Relatively Moderate
Hurricane
Relatively Low
Tornado
Relatively High
Earthquake
Relatively Low
Winter weather
Relatively High

#Who lives here

Population
14,461[3]
Median household income
$94,352[3]

#Migration

Household moves in and out of Allegheny County over a year, from IRS tax-return data.

Net migration
-2,833[5]
Moved in
23,015
Moved out
25,848

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
3
Elementary
1
Middle
2
High
0
  • Shaler Area El Sch

    Middle · Grades 4–6 · Shaler Area SD

    877 students

  • Shaler Area MS

    Middle · Grades 7–8 · Shaler Area SD

    581 students

  • Scott Primary Sch

    Elementary · Grades K–3 · Shaler Area SD

    378 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,549
Loan principal$245,013
Down payment$61,253
Total interest paid$312,501

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$2,148
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
60th percentile[1]
Rental yield
[2]
Property tax
69th percentile[3]

Frequently asked

How much is a home worth in ZIP code 15116?
The typical home in 15116 is worth $306,266, based on the Zillow Home Value Index.
Are home values rising in 15116?
Home values in 15116 are up 1.4% over the past year, and up 3.1% a year over five years.
What is the property tax rate in 15116?
The effective property tax rate in 15116 is 1.4% — roughly $4,148 a year on a typical home.
Who lives in 15116?
ZIP code 15116 has a population of 14,461 and a median household income of $94,352.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Carnot-Moon CDP, PA

    Typical home
    $305,814
    Gross yield
    5.8%
  • Bethel Park, PA

    Typical home
    $303,882
    Gross yield
    6.1%
  • Bakerstown CDP, PA

    Typical home
    $299,091
    Gross yield
  • Pittsburgh, PA

    Typical home
    $298,809
    Gross yield
    8.0%
  • Bridgeville, PA

    Typical home
    $298,537
    Gross yield
    6.4%
  • Imperial CDP, PA

    Typical home
    $298,436
    Gross yield

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