Interested in purchasing investment houses in the 12206 zip code in Albany, NY?
The zip code 12206 is in Albany county with a latitude of -73.782750000000 and longitude of 42.674530000000, is in the state of New York. The average asking price of houses and condos is $105,630.00 and the average sale price was $82,363.00. this regions is classified as the Albany - Schenectady - Troy metro area and is in the 518 area code. The location in degrees is 42° 40' 28.308" N, 73° 46' 57.9" W. The county F.I.P.S. is 36001. The total land area is 2.1 square miles and the water area is 0.0 square miles. The elevation in this area is 236 - 236 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 12206 is in county number 001 and is L. Sector 00, L. Segment 01, H. Sector 20, and H. Segment 20. The population was 16,659 in 2019 and 16,395 in 2010. This further breaks down to 7,435 males (44.6%) and 9,224 females (55.4%). The median age of residents is 30.6 years. The population of the greater Albany-Schenectady-Troy, NY area is 860,803. The population density (people per square mile) is 7,826. This zip code has a combined total of 7,968 houses and condos. There are 4,602 rented appartments. 73% of residents rent versus the 73% 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 $31,108 and the average salary is $28,695. The median household income of individuals is $29,885.00 and the average is $34,630.00. This zip code has a mean commute time to work of 21.7 minutes. The unemployment rate is 13.5%. Income earners by percent breakdown as 70.20% (Under $50,000), 22.40% ($50,000-$100,000), and 7.40% earn over $100,000. 30.7% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 107.1. The educational breakdown is 78.8% have a high school education or higher, 19.3% have a bachelor's degree or higher, and 9.3% have some kind of profesional degree.
This area has 6,814 households and the average size is 2.6 people. Individuals who are single and have never been married are 56.7%, 28.0% are now married, 1.9% are separated, 3.9% are widowed, and 9.5% are divorced. The average yearly contribution amount given by people to charity was $2,877 versus the state average of $5,572. The percent of residents who gave to charity was 10.4%.
The estimated median value of houses and condos is $130,257. The median monthly owner costs of mortgage holders was $1,376, where as the costs for those who don't have a mortgage are $535. The median number of rooms in houses and condos are 6.5 versus apartments which had a median number of 4.8.
The real estate tax percent rate is 2.3% which equated to an average real estate tax amount payment of $3,056. 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 2.7% which amounted to an average tax amount of $3,705. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.9% which amounted to an average tax amount of $2,399. Reported taxable interest for persons was $583, dividends $2,850, capital gains +$465, and itemized deductions $17,339. The average earned income tax credit is $2,292. The percent of individuals that use a tax preparer is 51.5%. The total average income taxes paid by individuals was $7,959. Businesses reported an average profit of $9,039.
Grappa '72 Ristorante
818 Central Ave Ste 11, Albany, NY 12206
Ristorante Paradiso
198 Central Ave Ste 1, Albany, NY 12206
Caffe Italia
662 Central Ave, Albany, NY 12206
Hokkaido
820 Central Ave, Albany, NY 12206
Orchard Tavern
68 N Manning Blvd, Albany, NY 12206
Salsa Latina
315 Central Ave, Albany, NY 12206