ZIP Code 12308 — Schenectady, New York

The median home in 12308 is valued at $180,100 against a median household income of $59,789, 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 Schenectady County, 12308 ranks 12 of 13 ZIPs on affordability (1 = lowest ratio); the county median ratio is 2.7. Renting takes 23.3% of median household income (median rent $1,159 a month), under the 30% cost-burden threshold.

12308 ranks 1,308 of 1,572 statewide on median household income and 1,024 of 1,572 on median home value; its income is below the $80,583 Schenectady County median. 44% of households own their home, below the 80% statewide ZIP median, so most residents rent. 30% of adults hold a bachelor's degree or higher, in line with the 31% median, and the poverty rate is 17.8%, far above the 9.9% statewide ZIP median. Unemployment stands at 5.6%.

With 6,080 residents per square mile across 2.3 square miles of land, 12308 is far denser than the statewide ZIP median of 197 (rank 248 of 1,572). This is predominantly single-family residential with suburban street patterns.