ZIP Code 12118 — Mechanicville, New York

The median home in 12118 is valued at $315,100 against a median household income of $91,182, 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 near the 3.0 ratio that marks an attainable market nationally. Within Saratoga County, 12118 ranks 18 of 21 ZIPs on affordability (1 = lowest ratio); the county median ratio is 3.1. Renting takes 14.5% of median household income (median rent $1,105 a month), under the 30% cost-burden threshold.

12118 ranks 572 of 1,572 statewide on median household income and 592 of 1,572 on median home value; its income is in line with the $94,189 Saratoga County median. 69% of households own their home, below the 80% statewide ZIP median, making this a majority-owner ZIP. 33% of adults hold a bachelor's degree or higher, above the 31% median, and the poverty rate is 8.3%, below the 9.9% statewide ZIP median. Unemployment stands at 3.7%.

With 483 residents per square mile across 35.3 square miles of land, 12118 is far denser than the statewide ZIP median of 197 (rank 610 of 1,572). This is a low-density pattern of large lots, small towns or scattered subdivisions.