ZIP Code 12842 — Indian Lake, New York

The median home in 12842 is valued at $227,400 against a median household income of $60,592, a price-to-income ratio of 3.8. That is above the 2.9 median across the 1,572 New York ZIP codes with published housing data, and past the 3.0 ratio that marks an attainable market nationally. Within Hamilton County, 12842 ranks 9 of 10 ZIPs on affordability (1 = lowest ratio); the county median ratio is 3.4. Renting takes 14.2% of median household income (median rent $717 a month), under the 30% cost-burden threshold.

12842 ranks 1,292 of 1,572 statewide on median household income and 799 of 1,572 on median home value; its income is below the $75,477 Hamilton County median. 79% of households own their home, in line with the 80% statewide ZIP median, making this a majority-owner ZIP. 26% of adults hold a bachelor's degree or higher, below the 31% median, and the poverty rate is 5.3%, below the 9.9% statewide ZIP median and among the lowest in the state. Unemployment stands at 2.9%.

With 6 residents per square mile across 164.6 square miles of land, 12842 is far less dense than the statewide ZIP median of 197 (rank 1,538 of 1,572). This is rural or open territory where most of the land is agricultural, forest, desert or public land.