ZIP Code 12041

In ZIP code 12041, near Albany, homes carry a median value of $250,400, and the county-level effective property tax rate of 1.76% translates into roughly $4,407 in annual property taxes on that median home. With median household income at $122,143 and per-capita income at $55,842, that tax bill amounts to about 3.6% of household earnings, a share many homeowners can absorb. A combined sales tax rate of 8.00% applies to purchases in the area. The relationship between earnings and housing costs here reflects a community where income levels support the prevailing property tax load.