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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 +8.2% YoY. inventory, −19.0% YoY, is the number to watch.
The median listing price is up 8.2% YoY while the median home got up 2.8% bigger, so value per square foot is up 4.9%.
U.S. Census ACS characteristics for ZIP 12303 itself, not its parent county.
Renters hold 25.9% of this ZIP's 11,910 occupied households, on a median household income of $84K.
| Measure | ZIP 12303 | Schenectady County | Difference |
|---|---|---|---|
| Median Household Income | $84K | $80K | +$5K |
| Below Poverty Level | 14.2% | 13.3% | +0.9% |
| Median Age | 41.30 | 39.60 | +1.70 |
| Total Population | 29,360 | 160,369 | -- |
| Avg Household Size | 2.43 | 2.32 | +0.11 |
| Owner-Occupied | 74.1% | 64.0% | +10.1% |
| Worked From Home | 15.9% | 14.3% | +1.6% |
| Mean Commute | 22.20 | 22.80 | -0.60 |
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 160,369: residents under 18 are down 0.1% and those 65 and over are up 1.9%.
County median household income is $80K, 13.3% of residents are below the poverty level, 14.3% work from home.