Interested in purchasing investment houses in the 12204 zip code in Albany, NY?
The zip code 12204 is in Albany county with a latitude of -73.728520000000 and longitude of 42.688020000000, is in the state of New York. The average asking price of houses and condos is $368,306.00 and the average sale price was $200,022.00. this regions is classified as the Albany - Schenectady - Troy metro area and is in the 518 area code. The location in degrees is 42° 41' 16.872" N, 73° 43' 42.672" W. The county F.I.P.S. is 36001. This zip code contains two cities including Menands, NY (74.92%), and Albany, NY (19.68%) The total land area is 4.1 square miles and the water area is 0.3 square miles. The elevation in this area is 46 - 161 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 12204 is in county number 001 and is L. Sector 00, L. Segment 01, H. Sector 94, and H. Segment 94. The population was 8,408 in 2019 and 7,349 in 2010. This further breaks down to 4,292 males (51.0%) and 4,116 females (49.0%). The median age of residents is 35.0 years. The population of the greater Albany-Schenectady-Troy, NY area is 860,803. The population density (people per square mile) is 2,067. This zip code has a combined total of 4,232 houses and condos. There are 3,062 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 middle class. The average individual gross adjusted income is $70,551 and the average salary is $51,830. The median household income of individuals is $50,293.00 and the average is $73,050.00. This zip code has a mean commute time to work of 19.8 minutes. The unemployment rate is 7.2%. Income earners by percent breakdown as 49.70% (Under $50,000), 34.10% ($50,000-$100,000), and 16.20% earn over $100,000. 19.2% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 107.6. The educational breakdown is 90.3% have a high school education or higher, 53.6% have a bachelor's degree or higher, and 22.8% have some kind of profesional degree.
This area has 3,445 households and the average size is 2.1 people. Individuals who are single and have never been married are 42.9%, 34.4% are now married, 3.3% are separated, 4.2% are widowed, and 15.2% are divorced. The average yearly contribution amount given by people to charity was $7,070 versus the state average of $5,572. The percent of residents who gave to charity was 19.2%.
The estimated median value of houses and condos is $211,308. The median monthly owner costs of mortgage holders was $1,826, where as the costs for those who don't have a mortgage are $648. The median number of rooms in houses and condos are 7.1 versus apartments which had a median number of 4.0.
The real estate tax percent rate is 2.2% which equated to an average real estate tax amount payment of $4,590. 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 1.9% which amounted to an average tax amount of $4,092. Conversely, the median housing property tax percent for residents who don't have mortgages was 3.2% which amounted to an average tax amount of $6,179. Reported taxable interest for persons was $2,833, dividends $11,049, capital gains +$12,096, and itemized deductions $35,646. The average earned income tax credit is $2,070. The percent of individuals that use a tax preparer is 49.1%. The total average income taxes paid by individuals was $18,777. Businesses reported an average profit of $29,865.
Jack's Oyster House
42 State St # 44, Albany, NY 12207 (2.1 miles away)
Grappa '72 Ristorante
818 Central Ave Ste 11, Albany, NY 12206 (2.3 miles away)
D'raymonds Restaurant
269 Osborne Rd, Albany, NY 12211 (2.8 miles away)
Papa Joe's
16 Cohoes Rd, Watervliet, NY 12189 (3.3 miles away)
Lombardo's Restaurant
121 Madison Ave, Albany, NY 12202 (3.3 miles away)
Steak-Out
1750 4th St, Rensselaer, NY 12144 (3.4 miles away)
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