16362 Property Tax Rate

Property owners in ZIP code 16362 (Utica, Pennsylvania) pay a median of $1,894/year in property taxes on homes valued at $161,300. This translates to an effective tax rate of 1.17%, which is 13% below the Pennsylvania state average of 1.34%.

The monthly property tax burden for a median-valued home in 16362 is approximately $158, which factors into escrow payments on mortgages. This ZIP code is located within Venango County. This is $910 less than the Pennsylvania average of $2,804/year.

Compared to similar ZIP codes in Pennsylvania, 16362 has higher property taxes. ZIP codes with similar effective rates include 18834 (1.17%) and 18425 (1.17%).

In Utica, property taxes represent approximately 3.0% of the median household income of $63,750, providing context for the relative tax burden on homeowners in this area.

Pennsylvania has no statewide property tax cap; Venango County Assessor sets assessments locally, and reassessment may occur at any time, increasing your property tax burden. Seniors (65+), widows/widowers, and disabled homeowners with income ≤$35,000 qualify for Pennsylvania's Property Tax/Rent Rebate Program, which returns $250–$1,000+ annually — apply through the Department of Revenue. Contact the Venango County Assessor within 30 days of closing to confirm your base assessment and request applicable school district homestead exclusions.