ZIP Code 12020 — Ballston Spa, New York

The median home in 12020 is valued at $299,600 against a median household income of $101,727, a price-to-income ratio of 2.9. That is in line with the 2.9 median across the 1,572 New York ZIP codes with published housing data, and near the 3.0 ratio that marks an attainable market nationally. Within Saratoga County, 12020 ranks 5 of 21 ZIPs on affordability (1 = lowest ratio); the county median ratio is 3.1. Renting takes 18.4% of median household income (median rent $1,562 a month), under the 30% cost-burden threshold.

12020 ranks 440 of 1,572 statewide on median household income and 623 of 1,572 on median home value; its income is above the $94,189 Saratoga County median. 70% of households own their home, below the 80% statewide ZIP median, making this a majority-owner ZIP. 43% of adults hold a bachelor's degree or higher, above the 31% median, and the poverty rate is 6.3%, below the 9.9% statewide ZIP median. Unemployment stands at 3.4%.

With 452 residents per square mile across 75.6 square miles of land, 12020 is far denser than the statewide ZIP median of 197 (rank 622 of 1,572). This is a low-density pattern of large lots, small towns or scattered subdivisions.