Albany, NY — income, home value, property tax, and sales tax.
Households in ZIP code 12007, near Albany, report a median income of $200,078, placing the area well into affluent territory, while per-capita income sits at $53,753. Homes here carry a median value of $386,700, and the county-level property tax rate of 1.76% applies against that valuation. Combined with an 8.00% sales tax, the overall tax load is substantial, though the income base here absorbs it more easily than in most places. This is a high-earning enclave where property and sales taxes both run above what many New Yorkers pay.
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