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A tight-supply market with no rental pool to price against. Demand is visible here; the rent math is not.
What would change this read: the median listing price is +9.3% YoY. inventory, −2.1% YoY, is the number to watch.
The median listing price is up 9.3% YoY while the median home got up 9.8% bigger, so value per square foot is up 3.1%.
U.S. Census ACS characteristics for ZIP 12208 itself, not its parent county.
Renters hold 54.9% of this ZIP's 10,584 occupied households, on a median household income of $70K.
| Measure | ZIP 12208 | Albany County | Difference |
|---|---|---|---|
| Median Household Income | $70K | $85K | -$15K |
| Below Poverty Level | 22.2% | 13.0% | +9.2% |
| Median Age | 33.10 | 38.40 | -5.30 |
| Total Population | 23,289 | 317,018 | -- |
| Avg Household Size | 2.01 | 2.21 | -0.20 |
| Owner-Occupied | 45.1% | 56.6% | -11.5% |
| Worked From Home | 11.7% | 15.2% | -3.5% |
| Mean Commute | 18.50 | 21.40 | -2.90 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is up 0.5% to 317,018: residents under 18 are down 0.5% and those 65 and over are up 2.6%.
County median household income is $85K, 13.0% of residents are below the poverty level, 15.2% work from home.