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New York · County property tax · ACS 2024

Albany County Property Taxes

The median homeowner in Albany County pays $5,200 a year, an effective rate of 1.77%, far above the U.S. average.

$5,200
Median tax / yr · Highest-decile bill
1.77%
Effective rate · Highest-decile rate
+161%
vs U.S. average
#42 of 62
rank in NY

The verdict

Homeowners in Albany County pay a median $5,200 a year in property tax, an effective rate of 1.77%, more affordable than 5% of U.S. counties (Census ACS 2024).

$5,200
Median annual tax bill, 2024
1.77%
Effective rate on median home
#2978 of 3135
U.S. counties by tax burden
+161%
vs the national average bill

Effective rate is the median property tax bill divided by the median home value ($294,600). U.S. Census Bureau, ACS 5-Year Estimates · 2024.

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Census Bureau ACS property tax data for New York. Population: 317,018. Owner-occupied homes: 76,213.

The median annual property tax in Albany County is $5,200, which is 21% lower than the New York state average and 161% above the national average. The effective tax rate is 1.77% on a median home value of $294,600. Property taxes represent 6.1% of the median household income in this county.

Why Albany County's ACS bill runs high vs the U.S.

Primary signal

The bill sits well above the national median

Homeowners in Albany County pay a median annual property tax of $5,200, far above the national median and notably lower than the New York state median. On a $294,600 median home, that works out to an effective rate of 1.77% once the local assessment base and millage are combined.

Decision signal 2

Income carries a heavy tax share

Property taxes in Albany County run well above the commonly cited 2%-4% national benchmark, at about 6.1% of the $85,333 median household income.

Decision signal 3

The effective rate is a national headwind

Albany County's 1.77% effective rate is among the highest of 3,135 tracked counties: only about 95% pay more.

Decision signal 4

Near the middle of New York counties by effective rate

Albany County ranks #42 of 62 counties in New York by effective rate (32% of in-state counties pay a lower rate).

Informational notice

Figures describe the median homeowner household in Albany County as reported to the Census Bureau; your parcel can differ. Not tax, legal, or financial advice: check the county assessor or a qualified professional before decisions that depend on these numbers.

A falling rate took the edge off

Albany County's effective rate fell 14.0% across the 4-year span while its median home value rose 27.9%, leaving the median bill 10.0% higher at $5,200. That rate move is larger than the one in 59% of counties, so a good deal of the market's rise never reached the bill.

Effective rate is the published median bill divided by the published median home value, so the two multiply back to the bill exactly; the rate's movement here is derived from those two figures rather than read from the rounded published rate. Both are ACS 5-year survey estimates for the median owner-occupied household, compared across non-overlapping releases. They describe what the Census published, not a local policy, assessment, or exemption change.

Median Annual Tax
$5,200
Highest-decile bill
-21% vs State +161% vs US
Median Home Value
$294,600
-30% vs State +29% vs US
Effective Tax Rate
1.77%
Highest-decile rate
+14% vs State +92% vs US

How to read this county's bill

Bills rose across 2020-2024, from $4,726 to $5,200, a gain of 10%. This is a comparison of published ACS medians, not an explanation of a particular property's assessment or tax bill.

The heaviest band is also the fullest one here: 55,227 of 76,213 owner-occupied homes (72.5%) report annual real-estate taxes above $3,000. That band has no upper edge in the source, so the county median understates the burden carried by the plurality rather than describing it.

Both figures are in the national top quarter, and the median bill still equals only 6.1% of median household income. A high rate on high earnings produces a large dollar figure, and only the dollar figure tends to get quoted; the ratio above is the other half.

The share above is the median annual bill divided by median household income, a ratio of two county-level medians rather than a household-by-household figure.

What Albany County Homeowners Actually Pay

The single largest group of Albany County homeowners, 55,227 of 76,213 owner-occupied homes (72.5%), pays $3,000 or more a year. The median is one point in this spread, not a typical bill.

  • Less than $800 2.2% (1,680)
  • $800 to $1,499 6.1% (4,629)
  • $1,500 to $1,999 5.6% (4,277)
  • $2,000 to $2,999 9.9% (7,538)
  • $3,000 or more 72.5% (55,227)

Census ACS 2024, table B25102. Bands and the no-tax share sum to 100%.

2,862 homes here (3.8%) report no real estate tax at all. Exemptions are set by state: how New York handles assessments and appeals.

With vs Without Mortgage

With Mortgage
$5,540
$462/mo
Without Mortgage
$4,657
$388/mo

In Albany County, mortgaged homeowners pay 19% more than those without a mortgage, a gap that typically tracks higher home values rather than a different tax rate.

Albany County's bill vs state & U.S. medians

Median annual bill bars around Albany County's SPIKE ACS 2024 figure.

Albany County $5,200
New York median $6,582
U.S. median $1,993

Albany County's median bill is 21% below the New York median and 161% above the U.S. median.

Among the highest-taxed counties in the country

At 1.77%, Albany County sits in the top 5% of all U.S. counties by effective property-tax rate. That is the rate, not the bill: a high rate on a modest home can still produce a smaller cheque than a low rate on an expensive one, which is why the $5,200 median bill is the number to compare against another county.

Albany County vs Benchmarks

Metric Albany County New York Avg U.S. Avg
Median Annual Tax Highest-decile bill $5,200 $6,582 $1,993
Effective Tax Rate Highest-decile rate 1.77% 1.55% 0.92%
Median Home Value $294,600 $423,800 $227,791
Tax as % of income Highest-decile income burden 6.1% - -

Source: U.S. Census Bureau, ACS 5-Year Estimates. Tax-burden differences across rows reflect millage decisions, assessment-ratio practices, and the residential-vs-commercial mix of each tax base.

Is Albany County's $5,200 median bill appeal-worthy?

At Albany County's $5,200 ACS median (SPIKE), a 10% assessment cut is worth about $520/yr before exemptions. Appeal Savings Estimator · appeal guide for New York.

Albany County bill trail · SPIKE

$4,600$4,800$5,000$5,200$5,400 20202021202220232024 $5,200
Albany County ACS median tax 2020–2024: +10% ($4,726 → $5,200).
Year Median Tax (vs prior release) Effective Rate
2024 $5,200 -1.0% 1.77%
2023 $5,253 +2.7% 1.89%
2022 $5,114 +5.8% 1.94%
2021 $4,835 +2.3% 2.06%
2020 $4,726 2.05%

Each row is a separate ACS 5-year release, and consecutive releases share four of their five survey years. The percentage beside each bill is therefore movement in the published estimate against the previous release, not a single year's tax change. The two releases largely describe the same households. For change over time, compare releases that do not overlap.

Albany County: tax takes 6.1% of income

Tax-to-Income Ratio
6.1%
of median household income
Median Income
$85,333
per year
Monthly Tax
$433
per month

Counties near Albany County's median bill

On effective rate, Albany County sits nearest Hudson County (NJ), Logan County (IL), Lynn County (TX).

On published median-tax change, the nearest matches are Grand Isle County (VT), Terrell County (GA), Hawkins County (TN).

How peers are chosen

These are the nearest cross-state matches in the published Census data, not neighboring counties or recommendations. Peers are rebuilt with each data release; see the calculation method.

Albany County: only 7% of returns show Schedule A real-estate tax

Tax year 2022: 10,130 of 154,650 returns from Albany County reported real estate taxes, averaging $10,165 - 33% of those reporters sat in the $100-200k AGI band.

What this IRS county file does not say

Amounts are reported before the SALT cap, not deducted; the share is of filers, not homeowners. Source: IRS SOI county data, tax year 2022.

Other Counties in New York

View all counties in New York →

Albany County bill FAQs

How does Albany County property tax compare to the national average?
Property taxes in Albany County run far above the national median of $1,993, an effective rate of 1.77% versus 0.92% nationally.
What percentage of income goes to property taxes in Albany County?
Property taxes in Albany County run well above the commonly cited 2%-4% national benchmark, at about 6.1% of the $85,333 median household income.
What is the average property tax in Albany County, New York?
The median annual property tax in Albany County is $5,200, an effective rate of 1.77% on a $294,600 median home (Census ACS, 2024).
What is the tax affordability score for Albany County?
Albany County, New York scores F (6/100) on PlainPropertyTax's tax affordability composite across 5 Census ACS dimensions (effective rate, bill size, income share, mortgage gap, and home-value/income). Its strongest scored dimension here is housing pressure at F (3.45×). The score compares published county medians to U.S. percentiles, it is not a personal bill and not advice to buy, sell, appeal, or relocate.
Are property taxes increasing in Albany County?
The ACS median property-tax bill for Albany County climbed 10.0% between the 2020 and 2024 5-year releases, from $4,726 to $5,200, a 4-year span. These are survey estimates covering five years each, so this compares the two releases furthest apart rather than consecutive ones, which overlap and would mostly measure the same households twice.

What to do with Albany County's SPIKE bill

Albany County's $5,200 median bill sits well above the U.S. median - size a personal estimate before treating the county headline as your budget. Estimate your bill →

Income burden is elevated here: about 6.1% of Albany County's $85,333 median household income goes to the property-tax bill.

Nationwide peers by median bill (then rate)

Bill-first peers for Albany County's SPIKE median, then a disjoint out-of-state rate set, not the same-state geography lattice.

Read with Albany County

Nearest ABS(median_tax) ACS peers for Albany County (STEEP · SPIKE), replacing the old fixed Keep exploring strip.

STEEP SPIKE

Data vintage and method

Data as of 2024. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates.

Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.

Source: U.S. Census Bureau American Community Survey 5-Year Estimates, county median real-estate taxes · 2024 Albany County (STEEP · SPIKE) - ACS medians, not a parcel bill.