ZIP Code 12029 — Canaan, New York

The median home in 12029 is valued at $374,700 against a median household income of $104,167, a price-to-income ratio of 3.6. That is above the 2.9 median across the 1,572 New York ZIP codes with published housing data, and past the 3.0 ratio that marks an attainable market nationally. Within Columbia County, 12029 ranks 11 of 22 ZIPs on affordability (1 = lowest ratio); the county median ratio is 3.6. Renting takes 16.5% of median household income (median rent $1,431 a month), under the 30% cost-burden threshold.

12029 ranks 417 of 1,572 statewide on median household income and 498 of 1,572 on median home value; its income is above the $84,396 Columbia County median. 85% of households own their home, above the 80% statewide ZIP median, making this a majority-owner ZIP. 47% of adults hold a bachelor's degree or higher, far above the 31% median, and the poverty rate is 6.1%, below the 9.9% statewide ZIP median. Unemployment stands at 5.7%.

With 49 residents per square mile across 20.8 square miles of land, 12029 is far less dense than the statewide ZIP median of 197 (rank 1,189 of 1,572). This is rural or open territory where most of the land is agricultural, forest, desert or public land.