Interested in purchasing investment houses in the 12202 zip code in Albany, NY?
The zip code 12202 is in Albany county with a latitude of -73.763230000000 and longitude of 42.633790000000, is in the state of New York. The average asking price of houses and condos is $121,596.00 and the average sale price was $82,167.00. this regions is classified as the Albany - Schenectady - Troy metro area and is in the 518 area code. The location in degrees is 42° 38' 1.644" N, 73° 45' 47.628" W. The county F.I.P.S. is 36001. The total land area is 2.0 square miles and the water area is 0.2 square miles. The elevation in this area is 59 - 98 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 12202 is in county number 001 and is L. Sector 10, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 8,432 in 2019 and 9,628 in 2010. This further breaks down to 4,051 males (48.0%) and 4,381 females (52.0%). The median age of residents is 35.6 years. The population of the greater Albany-Schenectady-Troy, NY area is 860,803. The population density (people per square mile) is 4,116. This zip code has a combined total of 5,456 houses and condos. There are 3,173 rented appartments. 76% of residents rent versus the 76% 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 $26,973 and the average salary is $25,314. The median household income of individuals is $26,137.00 and the average is $30,920.00. This zip code has a mean commute time to work of 26.5 minutes. The unemployment rate is 5.7%. Income earners by percent breakdown as 77.80% (Under $50,000), 17.00% ($50,000-$100,000), and 5.20% earn over $100,000. 30.3% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 106.6. The educational breakdown is 82.2% have a high school education or higher, 27.0% have a bachelor's degree or higher, and 13.9% have some kind of profesional degree.
This area has 4,322 households and the average size is 2.0 people. Individuals who are single and have never been married are 55.0%, 21.5% are now married, 2.5% are separated, 6.4% are widowed, and 14.6% are divorced. The average yearly contribution amount given by people to charity was $2,444 versus the state average of $5,572. The percent of residents who gave to charity was 8.1%.
The estimated median value of houses and condos is $102,613. The median monthly owner costs of mortgage holders was $1,171, where as the costs for those who don't have a mortgage are $371. The median number of rooms in houses and condos are 6.1 versus apartments which had a median number of 4.1.
The real estate tax percent rate is 2.5% which equated to an average real estate tax amount payment of $2,551. 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 2.8% which amounted to an average tax amount of $2,797. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.2% which amounted to an average tax amount of $1,350. Reported taxable interest for persons was $302, dividends $1,400, capital gains +$345, and itemized deductions $14,322. The average earned income tax credit is $2,274. The percent of individuals that use a tax preparer is 47.4%. The total average income taxes paid by individuals was $5,844. Businesses reported an average profit of $5,500.
Lombardo's Restaurant
121 Madison Ave, Albany, NY 12202
New World Bistro Bar
300 Delaware Ave, Albany, NY 12209 (1.1 miles away)
Jack's Oyster House
42 State St # 44, Albany, NY 12207 (1.2 miles away)
Grappa '72 Ristorante
818 Central Ave Ste 11, Albany, NY 12206 (1.9 miles away)
Steak-Out
1750 4th St, Rensselaer, NY 12144 (2.2 miles away)
A Little Bit of Italy
397 Feura Bush Rd, Glenmont, NY 12077 (3.5 miles away)