ZIP Code 12434 — Grand Gorge, New York

The median home in 12434 is valued at $167,500 against a median household income of $48,558, a price-to-income ratio of 3.4. That is above 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 Delaware County, 12434 ranks 23 of 30 ZIPs on affordability (1 = lowest ratio); the county median ratio is 2.9. Renting takes 22.7% of median household income (median rent $920 a month), under the 30% cost-burden threshold.

12434 ranks 1,484 of 1,572 statewide on median household income and 1,104 of 1,572 on median home value; its income is below the $66,140 Delaware County median. 81% of households own their home, in line with the 80% statewide ZIP median, making this a majority-owner ZIP. 15% of adults hold a bachelor's degree or higher, far below the 31% median, and the poverty rate is 5.7%, below the 9.9% statewide ZIP median and among the lowest in the state. Unemployment stands at 2.1%.

With 82 residents per square mile across 10.9 square miles of land, 12434 is far less dense than the statewide ZIP median of 197 (rank 1,004 of 1,572). This is rural or open territory where most of the land is agricultural, forest, desert or public land.