How much is a home worth in ZIP code 16801?

The typical home in 16801 is worth $411,606, based on the Zillow Home Value Index.

Are home values rising in 16801?

Home values in 16801 are up 1.2% over the past year, and up 3.8% a year over five years.

What is the typical rent in 16801?

A typical home in 16801 rents for about $1,813 a month, a gross rental yield of 5.3%.

What is the property tax rate in 16801?

The effective property tax rate in 16801 is 1.1% — roughly $4,496 a year on a typical home.

ZIP code 16801 has a population of 40,774 and a median household income of $61,836.

HousingHandbookReference data

…

U.S. ZIP Code · PA16801

Centre County · State College, PA

Typical home value

$411,606^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +1.2%
5-year / yr: +3.8%
10-year / yr: +4.7%

Relative price

vs U.S.: +44.9%
vs metro: +48.3%
vs state: +76.3%

Price history

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

The typical home in 16801 is worth $411,606 — 48.3% above the State College, PA median. Over the past year, values have risen 1.2%. Homes here rent for a typical $1,813 a month — a 5.3% gross rental yield. The effective property tax rate is 1.1%.

#Rent & investment

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

Monthly rent: $1,813^[2]
Gross yield: 5.3%^[2]
Cap rate: 3.2%^[2]

#Property tax

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

Effective tax rate: 1.1%^[3]
Typical annual tax: $4,496^[3]

#Climate risk

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

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

#Who lives here

Population: 40,774^[3]
Median household income: $61,836^[3]

#Migration

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

Net migration: -744^[5]
Moved in: 3,265
Moved out: 4,009

Schools

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

Public schools: 9
Elementary: 6
Middle: 2
High: 1

State College Area HS
High · Grades 8–12 · State College Area SD
2,347 students
Mount Nittany MS
Middle · Grades 6–8 · State College Area SD
712 students
Mount Nittany El Sch
Elementary · Grades K–5 · State College Area SD
424 students
Spring Creek El Sch
Elementary · Grades K–5 · State College Area SD
381 students
Young Scholars of Central PA CS
Elementary · Grades K–8 · Young Scholars of Central PA CS
344 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.

Home value$Monthly rent$

Gross yield5.3%

Net yield (after ~40% expenses)3.2%

Annual rent$21,753

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.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$2,081

Loan principal$329,285

Down payment$82,321

Total interest paid$419,985

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.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.54

Monthly cost to own$2,798

Monthly rent$1,813

Renting is meaningfully cheaper month-to-month.

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: 46th percentile^[1]
Rental yield: 50th percentile^[2]
Property tax: 80th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 16801?: The typical home in 16801 is worth $411,606, based on the Zillow Home Value Index.
Are home values rising in 16801?: Home values in 16801 are up 1.2% over the past year, and up 3.8% a year over five years.
What is the typical rent in 16801?: A typical home in 16801 rents for about $1,813 a month, a gross rental yield of 5.3%.
What is the property tax rate in 16801?: The effective property tax rate in 16801 is 1.1% — roughly $4,496 a year on a typical home.
Who lives in 16801?: ZIP code 16801 has a population of 40,774 and a median household income of $61,836.

#Comparable ZIPs

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

16803 vs 16801 →
Park Forest Village CDP, PA
Typical home
$420,335
Gross yield
5.4%
16827 vs 16801 →
Boalsburg CDP, PA
Typical home
$432,163
Gross yield
—
16870
Stormstown CDP, PA
Typical home
$435,128
Gross yield
—
16851
Lemont CDP, PA
Typical home
$375,187
Gross yield
—
16875
Potters Mills CDP, PA
Typical home
$355,308
Gross yield
—
16865
Ramblewood CDP, PA
Typical home
$351,295
Gross yield
—

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#Jump to section

U.S. ZIP Code · PA16801

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