ZIP Code 12047 — Cohoes, New York

The median home in 12047 is valued at $237,200 against a median household income of $66,970, a price-to-income ratio of 3.5. 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 Albany County, 12047 ranks 26 of 32 ZIPs on affordability (1 = lowest ratio); the county median ratio is 3.0. Renting takes 21.7% of median household income (median rent $1,213 a month), under the 30% cost-burden threshold.

12047 ranks 1,123 of 1,572 statewide on median household income and 765 of 1,572 on median home value; its income is below the $89,360 Albany County median. 47% of households own their home, below the 80% statewide ZIP median, so most residents rent. 33% of adults hold a bachelor's degree or higher, above the 31% median, and the poverty rate is 20.5%, far above the 9.9% statewide ZIP median. Unemployment stands at 4.8%.

With 2,660 residents per square mile across 8.8 square miles of land, 12047 is far denser than the statewide ZIP median of 197 (rank 364 of 1,572). This is predominantly single-family residential with suburban street patterns.