ZIP Code 12045

In ZIP code 12045, part of the Albany area, households earn an average of $74,796 per person. The county's effective property tax rate of 1.76% shapes what owning a home costs here: on a $300,000 house, that rate would generate an annual bill near $5,280, though actual bills track each property's assessed value. Combined with an 8.00% sales tax on purchases, housing and everyday spending both draw on local incomes. Buyers weighing Albany-area listings should compare their expected tax bill against earnings, since the rate applies to the full assessed value rather than income.