ZIP Code 12309 — Schenectady, New York

The median home in 12309 is valued at $301,100 against a median household income of $119,830, 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, 12309 ranks 2 of 13 ZIPs on affordability (1 = lowest ratio); the county median ratio is 2.7. Renting takes 14.7% of median household income (median rent $1,472 a month), under the 30% cost-burden threshold.

12309 ranks 287 of 1,572 statewide on median household income and 619 of 1,572 on median home value; its income is above the $80,583 Schenectady County median. 83% of households own their home, in line with the 80% statewide ZIP median, making this a majority-owner ZIP. 59% of adults hold a bachelor's degree or higher, far 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 3.7%.

With 1,875 residents per square mile across 17.6 square miles of land, 12309 is far denser than the statewide ZIP median of 197 (rank 425 of 1,572). This is a low-density pattern of large lots, small towns or scattered subdivisions.