ZIP Code 97345

In ZIP code 97345, near Albany, homes carry a median value of $585,600, and the county-level property tax rate of 0.87% works out to roughly $5,095 a year on such a home. Against per-capita income of $35,905, that tax bill equals about 14% of one person's annual earnings — a heavy share for a single earner. The combined sales tax rate of 0.00% offers some relief on everyday purchases, but the gap between local incomes and home prices keeps ownership out of reach for many.