ZIP Code 12831 — Gansevoort, New York

The median home in 12831 is valued at $308,700 against a median household income of $100,833, a price-to-income ratio of 3.1. 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 Saratoga County, 12831 ranks 8 of 21 ZIPs on affordability (1 = lowest ratio); the county median ratio is 3.1. Renting takes 16.2% of median household income (median rent $1,361 a month), under the 30% cost-burden threshold.

12831 ranks 451 of 1,572 statewide on median household income and 601 of 1,572 on median home value; its income is above the $94,189 Saratoga County median. 77% of households own their home, in line with the 80% statewide ZIP median, making this a majority-owner ZIP. 44% of adults hold a bachelor's degree or higher, above the 31% median, and the poverty rate is 4.9%, far below the 9.9% statewide ZIP median and among the lowest in the state. Unemployment stands at 3.6%.

With 274 residents per square mile across 65.2 square miles of land, 12831 is denser than the statewide ZIP median of 197 (rank 709 of 1,572). This is rural or open territory where most of the land is agricultural, forest, desert or public land.