Housing market/New York/ZIP 12828

ACS 2023 · FY2027 SAFMR

ZIP 12828 Fort Edward, New York

Glens Falls, NY MSA · New York. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
9,775
Households
3,745
Median HH income
$77,776
Renter share
16.7%
Median gross rent
$1,147
Vacancy
5.8%
Pop. change
+14.4%
2BR SAFMR
$1,540
SAFMR / rent
1.343×
2–49 unit stock
452
LIHTC proj / units
1 / 40
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 12828 · NY — sent to you.

ZIP 12828 · NY

ACS median rent$1,147
2BR SAFMR$1,540
90% floor$1,386
110% ceiling$1,694

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 12828

  • 1-unit detached2,83671.4%
  • 1-unit attached872.2%
  • 2–4 units3137.9%
  • 5–49 units1393.5%
  • 50+ units481.2%
  • Mobile55113.9%
TypeUnitsShare
1-unit detached2,83671.4%
1-unit attached872.2%
2 units (duplex)1924.8%
3–4 units1213.0%
5–9 units1012.5%
10–19 units190.5%
20–49 units190.5%
50+ units481.2%
Mobile55113.9%

2–4 unit share 7.9% · 5–49 unit share 3.5% · combined 2–49 11.4%.

Units by bedrooms

Studio
54
1BR
294
2BR
700
3BR
2,223
4BR
550
5+
153

Rent burden

Rent ≥30% of income42.1%
Rent ≥50% of income19.1%
  • ACS median gross rent $1,147 (all bedrooms, occupied rentals).
  • Median contract rent $936.
  • Renters paying ≥30% of income 42.1%; ≥50% 19.1%.
  • FY2027 2BR SAFMR $1,540 (1.343× ACS median gross rent).

Population

9,775 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +14.4%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 1 projects, 40 units.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 24 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 12828 16.7% of occupied households are renters; vacancy is 5.8%; ACS median gross rent is $1,147; population increased +14.4% between the 2018 and 2023 ACS vintages; the housing stock includes 313 units in 2–4-unit structures and 139 units in 5–49-unit structures; 1 LIHTC projects totaling 40 units; FY2027 2BR SAFMR is $1,540 versus ACS median gross rent of $1,147. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

New York research

ZIP 12828 is a Census / HUD profile for Glens Falls, NY. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is New York research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 12828?

ZIP 12828 (Glens Falls, NY MSA) has 9,775 residents, 3,745 households, a renter share of 16.7%, median household income of $77,776, and ACS 2023 median gross rent of $1,147. Vacancy is 5.8%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 12828?

ACS counts 192 units in 2-unit buildings, 121 in 3–4 unit buildings, 101 in 5–9, 19 in 10–19, and 19 in 20–49. Combined 2–49 unit stock is 452 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 12828?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,540. See the full schedule and 90–110% payment-standard band on the ZIP 12828 — Fort Edward, NY HUD Section 8 Payment Standards / SAFMR.

Does this New York ZIP profile include Georgia listings?

No. ZIP 12828 is Census / HUD research for Glens Falls, NY MSA. Jeff Crowe CRE does not list New York property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.