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These days, finding an affordable place to live in the 12516 area can be challenging. Home prices in 12516 are now at a median cost of $313,040, lower than the New York average of $610,895.
The average cost of rent is $1,199/mo in 12516, primarily driven by the current value of real estate in the 12516 area. In 12516, 6.21% of households rent, and 49.00% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 12516 is $11,240 per month. Households that rent pay about 10.67% of their income on rent here. 12516’s most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 12517, NY: equally priced homes
- 12503, NY: higher priced homes
- 12502, NY: higher priced homes
- 12521, NY: higher priced homes
- 12529, NY: higher priced homes
- 01258, MA: higher priced homes
- 12530, NY: less expensive homes
- 12565, NY: less expensive homes
- 01257, MA: higher priced homes
- 06068, CT: higher priced homes
Zip Codes with Similar Populations
- 36053, AL: less expensive homes
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- 47260, IN: less expensive homes
- 52248, IA: less expensive homes
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