Albany, NY — income, home value, property tax, and sales tax.
Households in ZIP code 12460, near Albany, report a median income of $109,750, with per-capita income at $70,641. A median home value of $342,500 pairs with a county effective property tax rate of 1.76%, which works out to meaningful annual carrying costs on top of a mortgage. Shoppers also pay an 8.00% combined sales tax on taxable purchases. Together, the income level, home prices, and both tax rates sketch a market where earnings are solid but housing and consumption costs both take a real bite.