Albany, NY — income, home value, property tax, and sales tax.
ZIP code 12211, near Albany, ranks among the more affluent areas in the region, with a median household income of $156,605 and per-capita income of $70,717. Homes here carry a median value of $398,500, and the county-level effective property tax rate of 1.76% applies to that valuation. Combined with an 8.00% sales tax rate, the overall tax environment runs higher than many parts of the state. Households in this bracket generally absorb those costs without much strain, though the property tax alone adds a meaningful annual expense on top of an already premium housing market.
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