ZIP Code 12306 — Schenectady, New York

The median home in 12306 is valued at $212,700 against a median household income of $80,583, 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, 12306 ranks 6 of 13 ZIPs on affordability (1 = lowest ratio); the county median ratio is 2.7. Renting takes 18.2% of median household income (median rent $1,221 a month), under the 30% cost-burden threshold.

12306 ranks 763 of 1,572 statewide on median household income and 871 of 1,572 on median home value; its income is in line with the $80,583 Schenectady County median. 70% of households own their home, below the 80% statewide ZIP median, making this a majority-owner ZIP. 29% of adults hold a bachelor's degree or higher, below the 31% median, and the poverty rate is 7.8%, below the 9.9% statewide ZIP median. Unemployment stands at 4.5%.

With 628 residents per square mile across 43.9 square miles of land, 12306 is far denser than the statewide ZIP median of 197 (rank 566 of 1,572). This is a low-density pattern of large lots, small towns or scattered subdivisions.