Albany, NY — income, home value, property tax, and sales tax.
In ZIP code 12085, near Albany, homes carry a median value of $232,800, and the county-level effective property tax rate of 1.76% translates to roughly $4,097 in annual taxes on a home at that price. With per-capita income at $30,349, that tax bill equals about 13.5% of a single resident's yearly earnings — a heavy share by most standards. The combined sales tax rate of 8.00% adds further cost to everyday purchases, trimming what's left after housing. Together, these figures show that owning a home here demands a substantial portion of income.