Albany, NY — income, home value, property tax, and sales tax.
Homes in ZIP code 12205 near Albany carry a median value of $276,600, and the county-level effective property tax rate of 1.76% works out to roughly $4,870 a year for a house at that price. With median household income at $91,020 and per-capita income at $46,560, that tax bill equals about 5.4% of a typical household's annual earnings. The combined sales tax rate of 8.00% adds to everyday costs, though it applies only to purchases rather than property. Buyers weighing a move here should factor both the yearly tax obligation and the sales tax into their overall housing math.
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