B

Ballston Lake, NY

Source:

Affordability Score: 71/100

Population: 14,740 · 1 ZIP codes

The affordability dashboard for Ballston Lake, NY aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 14,740 residents, then layers in county-level federal data to produce an overall grade of B (71/100). The headline inputs are median household income of $112,420, median home value of $400,400, median rent of $1,242 per month, and 53.2% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,702 per month (studio $1,217, 1BR $1,417, 3BR $2,041, 4BR $2,253). Department of Labor data lists infant center-based childcare at $14,820 per year, consuming 13% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for Ballston Lake, NY include income, education, rent. Unemployment currently reads 0.8% and poverty 3.6% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income A-
$112,420
Median household income
Education A
53.2%
Bachelor's degree or higher
Housing D
3.6x
Home value $400,400 vs income
Commute C-
25 min
Average commute time
Rent A-
$1,702/mo
2BR fair market rent (18% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare C
$14,820/yr
Center-based infant care (13% of income)

Income & Employment

Median Income
$112,420
▲ 81% vs national
Per Capita Income
$64,799
Unemployment Rate
0.8%
Poverty Rate
3.6%

Housing

Median Home Value
$400,400
▲ 46% vs national
Median Rent
$1,242/mo
Owner Occupied
81.3%
2BR Fair Market Rent
$1,702/mo
▲ 42% vs national

Fair Market Rents by Bedroom

Studio
$1,217
1BR
$1,417
2BR
$1,702
3BR
$2,041
4BR
$2,253

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
53.2%
▲ 23 ppt vs national
High School+
72.7%
Median Age
46.7
Avg. Commute
25 min
▼ 1 min vs national

Childcare Costs

Infant (Center)
$14,820/yr
13% of income
Toddler (Center)
$14,300/yr
Preschool (Center)
$13,208/yr
School-Age (Center)
$11,700/yr

What This Means

Ballston Lake, NY receives an overall affordability grade of B (71/100), aggregated from 1 ZIP codes with a total population of 14,740. This area performs well in income and education and rent. Data was unavailable for safety — these dimensions were excluded from the overall score.

Nearby City Dashboards

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What are common questions about this dashboard?

Is Ballston Lake, NY affordable?
Ballston Lake, NY receives an overall affordability grade of B (71/100) based on Census, HUD, FBI, and DOL data. Median household income is $112,420. Median home value is $400,400.
What is the cost of living in Ballston Lake?
Key cost metrics: Median rent $1,242/mo. 2BR fair market rent $1,702/mo. Infant childcare $14,820/yr. Median home value $400,400.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →