State College, PA · Pennsylvania

Centre County

ZIP 16882

158,041 residents295 permits TTM$72,748 median HHI31 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$308,100

ACS 5-Year

Cap rate proxy

4.6%

FMR × 0.65 ÷ Home Value

Rent-to-income

19.5%

HUD FMR ÷ ACS HHI

Net migration

+0.80%

IRS SOI

Permits (TTM)

295

Census BPS

Climate risk

68.0

FEMA NRI (0–100)

ZIP 16882

Median home value

Gross yield

Buy Box score

Section 8 gap

Affordability

P/I: 3.9R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown31 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
168660.6
168740.5
168540.4
168200.3
168720.3
168410.3
168440.3
168770.2
168280.2
168230.2
168650.2
168750.2
168030.2
168010.1
168270.1
168700.1
16677
16802
16826
16829
16832
16835
16845
16851
16852
16853
16856
16859
16864
16868
16882

Sort by any column. Click a ZIP for detail.

Demographics

Owner-occupied

61.8%

Census ACS

Vacancy rate

10.6%

Census ACS

Bachelor's degree +

46.5%

Census ACS

Rent burdened

52.4%

Census ACS (>30% income)

Median age

33.8

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026