U.S. ZIP Code · PA16803
Centre County · State College, PA
Appreciation
- 1-year
- +1.1%
- 5-year / yr
- +3.9%
- 10-year / yr
- +4.5%
Relative price
- vs U.S.
- +48.0%
- vs metro
- +51.4%
- vs state
- +80.0%
Price history
Zillow Home Value Index — monthly, smoothed and seasonally adjusted.
The typical home in 16803 is worth $420,335 — 51.4% above the State College, PA median. Over the past year, values have risen 1.1%. Homes here rent for a typical $1,898 a month — a 5.4% 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.
#Property tax
Effective rate — total real estate taxes paid relative to total home value.
#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
#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
- 3
- Elementary
- 2
- Middle
- 1
- High
- 0
Park Forest MS
Middle · Grades 6–8 · State College Area SD
808 students
Radio Park El Sch
Elementary · Grades K–5 · State College Area SD
432 students
Park Forest El Sch
Elementary · Grades K–5 · State College Area SD
413 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 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.
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.
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.
Frequently asked
- How much is a home worth in ZIP code 16803?
- The typical home in 16803 is worth $420,335, based on the Zillow Home Value Index.
- Are home values rising in 16803?
- Home values in 16803 are up 1.1% over the past year, and up 3.9% a year over five years.
- What is the typical rent in 16803?
- A typical home in 16803 rents for about $1,898 a month, a gross rental yield of 5.4%.
- What is the property tax rate in 16803?
- The effective property tax rate in 16803 is 1.1% — roughly $4,765 a year on a typical home.
- Who lives in 16803?
- ZIP code 16803 has a population of 23,977 and a median household income of $73,532.
#Comparable ZIPs
Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.
State College, PA
- Typical home
- $411,606
- Gross yield
- 5.3%
Boalsburg CDP, PA
- Typical home
- $432,163
- Gross yield
- —
Stormstown CDP, PA
- Typical home
- $435,128
- Gross yield
- —
Lemont CDP, PA
- Typical home
- $375,187
- Gross yield
- —
Potters Mills CDP, PA
- Typical home
- $355,308
- Gross yield
- —
Ramblewood CDP, PA
- Typical home
- $351,295
- Gross yield
- —
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