ZIP Code 12206 — Albany, New York

The median home in 12206 is valued at $162,300 against a median household income of $38,931, a price-to-income ratio of 4.2. 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, though it is among the more attainable ratios in the state. Within Albany County, 12206 ranks 31 of 32 ZIPs on affordability (1 = lowest ratio); the county median ratio is 3.0. Renting takes 36.6% of median household income (median rent $1,189 a month), above the 30% cost-burden threshold.

12206 ranks 1,537 of 1,572 statewide on median household income and 1,134 of 1,572 on median home value; its income is far below the $89,360 Albany County median. 26% of households own their home, far below the 80% statewide ZIP median, so most residents rent. 26% of adults hold a bachelor's degree or higher, below the 31% median, and the poverty rate is 37.8%, far above the 9.9% statewide ZIP median and among the highest in the state. Unemployment stands at 13.7%.

With 6,949 residents per square mile across 2.1 square miles of land, 12206 is far denser than the statewide ZIP median of 197 (rank 229 of 1,572). This is predominantly single-family residential with suburban street patterns.