How much is a home worth in ZIP code 12304?

The typical home in 12304 is worth $254,262, based on the Zillow Home Value Index.

Are home values rising in 12304?

Home values in 12304 are up 5.2% over the past year, and up 7.6% a year over five years.

What is the property tax rate in 12304?

The effective property tax rate in 12304 is 2.0% — roughly $5,137 a year on a typical home.

ZIP code 12304 has a population of 22,403 and a median household income of $69,235.

HousingHandbookReference data

…

U.S. ZIP Code · NY12304

Schenectady County · Albany-Schenectady-Troy, NY

Typical home value

$254,262^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +5.2%
5-year / yr: +7.6%
10-year / yr: +7.7%

Relative price

vs U.S.: -10.5%
vs metro: -20.3%
vs state: -20.2%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 12304 is worth $254,262 — 20.3% below the Albany-Schenectady-Troy, NY median. Over the past year, values have risen 5.2%. The effective property tax rate is 2.0%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: —^[2]
Gross yield: —^[2]
Cap rate: —^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 2.0%^[3]
Typical annual tax: $5,137^[3]

#Climate risk

FEMA National Risk Index ratings for Schenectady County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Low^[4]
Riverine flood: Relatively Moderate
Coastal flood: Not Applicable
Wildfire: Very Low
Drought: No Rating
Heat wave: Relatively Low
Hurricane: Relatively Low
Tornado: Relatively Moderate
Earthquake: Relatively Low
Winter weather: Relatively Low

#Who lives here

Population: 22,403^[3]
Median household income: $69,235^[3]

#Migration

Household moves in and out of Schenectady County over a year, from IRS tax-return data.

Net migration: +61^[5]
Moved in: 4,349
Moved out: 4,288

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 5
Elementary: 4
Middle: 1
High: 0

CENTRAL PARK MIDDLE SCHOOL
Middle · Grades 6–8 · SCHENECTADY CITY SCHOOL DISTRICT
584 students
WOODLAWN ELEMENTARY SCHOOL
Elementary · Grades PK–5 · SCHENECTADY CITY SCHOOL DISTRICT
478 students
PAIGE ELEMENTARY SCHOOL
Elementary · Grades PK–5 · SCHENECTADY CITY SCHOOL DISTRICT
454 students
LINCOLN ELEMENTARY SCHOOL
Elementary · Grades PK–5 · SCHENECTADY CITY SCHOOL DISTRICT
310 students
WILLIAM C KEANE ELEMENTARY SCHOOL
Elementary · Grades PK–5 · SCHENECTADY CITY SCHOOL DISTRICT
257 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield—

Net yield (after ~40% expenses)—

Annual rent—

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,286

Loan principal$203,410

Down payment$50,852

Total interest paid$259,438

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio—

Monthly cost to own$1,926

Monthly rent—

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 90th percentile^[1]
Rental yield: —^[2]
Property tax: 77th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 12304?: The typical home in 12304 is worth $254,262, based on the Zillow Home Value Index.
Are home values rising in 12304?: Home values in 12304 are up 5.2% over the past year, and up 7.6% a year over five years.
What is the property tax rate in 12304?: The effective property tax rate in 12304 is 2.0% — roughly $5,137 a year on a typical home.
Who lives in 12304?: ZIP code 12304 has a population of 22,403 and a median household income of $69,235.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

12093 vs 12304 →
Jefferson CDP, NY
Typical home
$253,417
Gross yield
—
12210 vs 12304 →
Albany, NY
Typical home
$252,546
Gross yield
7.1%
12043
Cobleskill, NY
Typical home
$251,884
Gross yield
—
12022
NY
Typical home
$250,376
Gross yield
—
12182
Troy, NY
Typical home
$258,266
Gross yield
—
12308
Schenectady, NY
Typical home
$259,364
Gross yield
6.7%

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#Jump to section

U.S. ZIP Code · NY12304

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