Albany, New York's state capital, has a stable government and healthcare-driven economy. Albany County's effective property tax rate is slightly below the statewide average for upstate metros, but remains elevated relative to most national markets.
Recommended for incomes above $80k/yr (28% DTI rule)
Albany housing market
The 2.47% property tax rate reflects the county-level effective rate for Albany and is used to calculate your monthly tax escrow above. This rate may differ from the statewide New York average — county-level data produces more accurate monthly payment estimates for Albany buyers. Many Albany properties also carry HOA fees — the area average is approximately $50/month, which is not included in the calculator above.
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