ZIP Code 14803 — Alfred Station, New York

The median home in 14803 is valued at $138,900 against a median household income of $58,537, a price-to-income ratio of 2.4. 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 Allegany County, 14803 ranks 22 of 24 ZIPs on affordability (1 = lowest ratio); the county median ratio is 1.5. Renting takes 17.0% of median household income (median rent $830 a month), under the 30% cost-burden threshold.

14803 ranks 1,337 of 1,572 statewide on median household income and 1,285 of 1,572 on median home value; its income is below the $61,634 Allegany County median. 80% of households own their home, in line with the 80% statewide ZIP median, making this a majority-owner ZIP. 45% of adults hold a bachelor's degree or higher, above the 31% median, and the poverty rate is 28.7%, far above the 9.9% statewide ZIP median and among the highest in the state. Unemployment stands at 15.0%.

With 53 residents per square mile across 28.1 square miles of land, 14803 is far less dense than the statewide ZIP median of 197 (rank 1,162 of 1,572). This is rural or open territory where most of the land is agricultural, forest, desert or public land.