Interested in purchasing investment houses in the 12304 zip code in Schenectady, NY?
The zip code 12304 is in both Schenectady and Albany counties with a latitude of -73.897250000000 and longitude of 42.774070000000, is in the state of New York. The average asking price of houses and condos is $125,328.00 and the average sale price was $111,688.00. this regions is classified as the Albany - Schenectady - Troy metro area and is in the 518 area code. The location in degrees is 42° 46' 26.652" N, 73° 53' 50.1" W. The county F.I.P.S. is 36093. This zip code contains two cities including Schenectady, NY (47.58%), and Rotterdam, NY (3.45%) The total land area is 6.8 square miles and the water area is 0.0 square miles. The elevation in this area is 312 - 374 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 12304 is in county number 001 and is L. Sector 25, L. Segment 03, H. Sector 03, and H. Segment 03. The population was 22,472 in 2019 and 21,482 in 2010. Of this, the break down in 2019 was 22,226 urban and 245 rural. This further breaks down to 11,040 males (49.1%) and 11,432 females (50.9%). The median age of residents is 40.5 years. The population of the greater Albany-Schenectady-Troy, NY area is 860,803. The population density (people per square mile) is 3,297. This zip code has a combined total of 10,143 houses and condos. There are 3,453 rented appartments. 42% of residents rent versus the 42% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $40,027 and the average salary is $36,869. The median household income of individuals is $43,880.00 and the average is $45,910.00. This zip code has a mean commute time to work of 21.5 minutes. The unemployment rate is 5.0%. Income earners by percent breakdown as 56.20% (Under $50,000), 34.10% ($50,000-$100,000), and 9.70% earn over $100,000. 12.9% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 105.9. The educational breakdown is 84.8% have a high school education or higher, 22.1% have a bachelor's degree or higher, and 7.1% have some kind of profesional degree.
This area has 8,627 households and the average size is 2.6 people. Individuals who are single and have never been married are 37.5%, 39.7% are now married, 2.6% are separated, 10.0% are widowed, and 10.1% are divorced. The average yearly contribution amount given by people to charity was $2,109 versus the state average of $5,572. The percent of residents who gave to charity was 20.5%.
The estimated median value of houses and condos is $139,103. The median monthly owner costs of mortgage holders was $1,393, where as the costs for those who don't have a mortgage are $573. The median number of rooms in houses and condos are 6.1 versus apartments which had a median number of 4.3.
The real estate tax percent rate is 3.0% which equated to an average real estate tax amount payment of $4,222. In comparision, the average real estate tax percent rate in the state is 1.7% which equated to an average real estate tax amount payment in the state of $5,732. The median housing property tax percent for residents with mortgages was 3.0% which amounted to an average tax amount of $4,549. Conversely, the median housing property tax percent for residents who don't have mortgages was 3.0% which amounted to an average tax amount of $3,861. Reported taxable interest for persons was $601, dividends $2,865, capital gains +$2,454, and itemized deductions $17,345. The average earned income tax credit is $2,274. The percent of individuals that use a tax preparer is 52.6%. The total average income taxes paid by individuals was $8,195. Businesses reported an average profit of $7,313.
Ruby Tuesday
416 Balltown Rd, Schenectady, NY 12304
Anker's Fish House
420 Altamont Ave, Schenectady, NY 12303 (1.8 miles away)
Newest Lunch
715 Albany St, Schenectady, NY 12307 (2 miles away)
Mari's Japanese Cuisine
2049 Van Vranken Ave, Schenectady, NY 12308 (2.4 miles away)
Mezzaluna Trattoria
1705 Union St, Schenectady, NY 12309 (2.7 miles away)
Cornell's Restaurant
39 N Jay St, Schenectady, NY 12305 (2.7 miles away)
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