ZIP Code 12983 — Saranac Lake, New York

The median home in 12983 is valued at $207,800 against a median household income of $64,604, a price-to-income ratio of 3.2. 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 Franklin County, 12983 ranks 17 of 20 ZIPs on affordability (1 = lowest ratio); the county median ratio is 2.1. Renting takes 15.7% of median household income (median rent $845 a month), under the 30% cost-burden threshold.

12983 ranks 1,178 of 1,572 statewide on median household income and 891 of 1,572 on median home value; its income is in line with the $64,639 Franklin County median. 57% of households own their home, below the 80% statewide ZIP median, making this a majority-owner ZIP. 43% of adults hold a bachelor's degree or higher, above the 31% median, and the poverty rate is 14.4%, above the 9.9% statewide ZIP median. Unemployment stands at 2.8%.

With 64 residents per square mile across 115.8 square miles of land, 12983 is far less dense than the statewide ZIP median of 197 (rank 1,080 of 1,572). This is rural or open territory where most of the land is agricultural, forest, desert or public land.