ZIP Code 12023 — Berne, New York

The median home in 12023 is valued at $261,900 against a median household income of $115,658, a price-to-income ratio of 2.3. That is below 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 Albany County, 12023 ranks 3 of 32 ZIPs on affordability (1 = lowest ratio); the county median ratio is 3.0. Renting takes 12.0% of median household income (median rent $1,154 a month), under the 30% cost-burden threshold.

12023 ranks 318 of 1,572 statewide on median household income and 702 of 1,572 on median home value; its income is above the $89,360 Albany County median. 83% of households own their home, in line with the 80% statewide ZIP median, making this a majority-owner ZIP. 29% of adults hold a bachelor's degree or higher, in line with the 31% median, and the poverty rate is 3.8%, far below the 9.9% statewide ZIP median and among the lowest in the state. Unemployment stands at 5.5%.

With 40 residents per square mile across 59.1 square miles of land, 12023 is far less dense than the statewide ZIP median of 197 (rank 1,267 of 1,572). This is rural or open territory where most of the land is agricultural, forest, desert or public land.