ZIP Code 12463 — Palenville, New York

The median home in 12463 is valued at $246,900 against a median household income of $45,993, a price-to-income ratio of 5.4. That is far above the 2.9 median across the 1,572 New York ZIP codes with published housing data, and well past the 3.0 ratio that marks an attainable market nationally, though it is among the more attainable ratios in the state. Within Greene County, 12463 ranks 29 of 31 ZIPs on affordability (1 = lowest ratio); the county median ratio is 3.2. Renting takes 26.1% of median household income (median rent $1,002 a month), under the 30% cost-burden threshold.

12463 ranks 1,503 of 1,572 statewide on median household income and 736 of 1,572 on median home value; its income is below the $83,409 Greene County median. 77% of households own their home, in line with the 80% statewide ZIP median, making this a majority-owner ZIP. 27% of adults hold a bachelor's degree or higher, below the 31% median, and the poverty rate is 30.7%, far above the 9.9% statewide ZIP median and among the highest in the state. Unemployment stands at 6.5%.

With 204 residents per square mile across 7.5 square miles of land, 12463 is in line with the statewide ZIP median of 197 (rank 772 of 1,572). This is rural or open territory where most of the land is agricultural, forest, desert or public land.