ZIP Code 13407 — Mohawk, New York

The median home in 13407 is valued at $134,200 against a median household income of $72,700, a price-to-income ratio of 1.8. That is below 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 Herkimer County, 13407 ranks 5 of 15 ZIPs on affordability (1 = lowest ratio); the county median ratio is 2.0. Renting takes 12.0% of median household income (median rent $724 a month), under the 30% cost-burden threshold.

13407 ranks 968 of 1,572 statewide on median household income and 1,313 of 1,572 on median home value; its income is in line with the $72,700 Herkimer County median. 80% of households own their home, in line with the 80% statewide ZIP median, making this a majority-owner ZIP. 23% of adults hold a bachelor's degree or higher, below the 31% median, and the poverty rate is 13.6%, above the 9.9% statewide ZIP median. Unemployment stands at 2.0%.

With 91 residents per square mile across 56.4 square miles of land, 13407 is far less dense than the statewide ZIP median of 197 (rank 965 of 1,572). This is rural or open territory where most of the land is agricultural, forest, desert or public land.