16123 Property Tax Rate

Property owners in ZIP code 16123 (Fombell, Pennsylvania) pay a median of $3,043/year in property taxes on homes valued at $236,600. This translates to an effective tax rate of 1.29%, which is 4% below the Pennsylvania state average of 1.34%.

The monthly property tax burden for a median-valued home in 16123 is approximately $254, which factors into escrow payments on mortgages. This ZIP code is located within Beaver County. This is $239 more than the Pennsylvania average of $2,804/year.

Compared to similar ZIP codes in Pennsylvania, 16123 has lower property taxes. ZIP codes with similar effective rates include 18848 (1.29%) and 17073 (1.29%).

In Fombell, property taxes represent approximately 2.9% of the median household income of $104,750, providing context for the relative tax burden on homeowners in this area.

Pennsylvania property taxes are assessed by individual school districts, and Beaver County has no countywide cap on annual increases — your assessment can rise unlimited amounts each year until you file a homestead exemption. The Homestead Exclusion program reduces your school district taxable value by an amount set by each district (typically $15,000–$50,000); file with your school district assessor by August 1 of the year after purchase. If you earn under $35,000, also apply for the Property Tax/Rent Rebate Program with the Pennsylvania Department of Revenue by June 30 annually.