ZIP Code 12302 — Schenectady, New York

The median home in 12302 is valued at $240,700 against a median household income of $94,156, a price-to-income ratio of 2.6. That is below 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 Schenectady County, 12302 ranks 4 of 13 ZIPs on affordability (1 = lowest ratio); the county median ratio is 2.7. Renting takes 15.4% of median household income (median rent $1,207 a month), under the 30% cost-burden threshold.

12302 ranks 529 of 1,572 statewide on median household income and 755 of 1,572 on median home value; its income is above the $80,583 Schenectady County median. 75% of households own their home, below the 80% statewide ZIP median, making this a majority-owner ZIP. 42% of adults hold a bachelor's degree or higher, above the 31% median, and the poverty rate is 4.3%, far below the 9.9% statewide ZIP median and among the lowest in the state. Unemployment stands at 4.7%.

With 633 residents per square mile across 43.4 square miles of land, 12302 is far denser than the statewide ZIP median of 197 (rank 565 of 1,572). This is a low-density pattern of large lots, small towns or scattered subdivisions.