ZIP Code 12307

ZIP code 12307, in Schenectady, sits firmly in working-class territory, with a median household income of $24,758 and per-capita income of $20,990. Homes here carry a median value of $104,600, and the county-level effective property tax rate of 2.36% means owners pay a noticeable share of that value each year in taxes. Add an 8.00% combined sales tax on purchases, and the cost of living carries real weight against these earnings. Households in this ZIP stretch limited dollars across both income and consumption taxes, a squeeze that shapes daily financial decisions more than any single rate alone.