16124 Property Tax Rate

Property owners in ZIP code 16124 (Fredonia, Pennsylvania) pay a median of $1,722/year in property taxes on homes valued at $165,200. This translates to an effective tax rate of 1.04%, which is 22% below the Pennsylvania state average of 1.34%.

The monthly property tax burden for a median-valued home in 16124 is approximately $144, which factors into escrow payments on mortgages. This ZIP code is located within Mercer County. This is $1,082 less than the Pennsylvania average of $2,804/year.

Compared to similar ZIP codes in Pennsylvania, 16124 has higher property taxes. ZIP codes with similar effective rates include 15233 (1.04%) and 19129 (1.04%).

In Fredonia, property taxes represent approximately 3.0% of the median household income of $56,597, providing context for the relative tax burden on homeowners in this area.

Pennsylvania has no statewide property tax cap; Mercer County Assessor conducts local assessments, and reassessment can raise your tax bill substantially at any time. Seniors (65+), widows/widowers, and disabled persons earning ≤$35,000 should apply for Pennsylvania's Property Tax/Rent Rebate Program through the Department of Revenue — eligible residents receive annual rebates of $250–$1,000+. Within 30 days of purchase, file with the Mercer County Assessor to confirm your assessed value and apply for homestead exclusions available through your school district.