ZIP Code 12304 — Schenectady, New York

The median home in 12304 is valued at $171,500 against a median household income of $67,688, a price-to-income ratio of 2.5. 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, 12304 ranks 3 of 13 ZIPs on affordability (1 = lowest ratio); the county median ratio is 2.7. Renting takes 18.6% of median household income (median rent $1,049 a month), under the 30% cost-burden threshold.

12304 ranks 1,095 of 1,572 statewide on median household income and 1,075 of 1,572 on median home value; its income is below the $80,583 Schenectady County median. 60% of households own their home, below the 80% statewide ZIP median, making this a majority-owner ZIP. 25% of adults hold a bachelor's degree or higher, below the 31% median, and the poverty rate is 20.4%, far above the 9.9% statewide ZIP median. Unemployment stands at 7.9%.

With 3,288 residents per square mile across 6.7 square miles of land, 12304 is far denser than the statewide ZIP median of 197 (rank 326 of 1,572). This is predominantly single-family residential with suburban street patterns.