ZIP Code 12204 — Albany, New York

The median home in 12204 is valued at $226,300 against a median household income of $75,197, a price-to-income ratio of 3.0. 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 Albany County, 12204 ranks 17 of 32 ZIPs on affordability (1 = lowest ratio); the county median ratio is 3.0. Renting takes 20.6% of median household income (median rent $1,294 a month), under the 30% cost-burden threshold.

12204 ranks 907 of 1,572 statewide on median household income and 803 of 1,572 on median home value; its income is below the $89,360 Albany County median. 30% of households own their home, far below the 80% statewide ZIP median, so most residents rent. 39% of adults hold a bachelor's degree or higher, above the 31% median, and the poverty rate is 14.1%, above the 9.9% statewide ZIP median. Unemployment stands at 5.5%.

With 2,054 residents per square mile across 4.1 square miles of land, 12204 is far denser than the statewide ZIP median of 197 (rank 408 of 1,572). This is a low-density pattern of large lots, small towns or scattered subdivisions.