Albany County Property Taxes
Albany County, New York
Effective Tax Rate
0.00%
11.6% above state avgMedian Annual Tax
$0
$438/mo escrow
Estimate Your Tax
Annual Tax
$0
Monthly
$0
Eff. Rate
1.89%
At a Glance
Median Home Value
$277,400
State avg ▲ $267,155
Tax w/ Mortgage/yr
$5,608
$467/mo escrow
Tax w/o Mortgage/yr
$4,604
$384/mo
State Tax Rate Rank
#21
of 62 counties (1 = lowest)
Similar tax rates
Data Story
About Property Taxes in Albany County, New York
Albany taxes slightly below national median
Albany County's effective tax rate of 1.894% sits below the New York state average of 2.046%, putting homeowners in a moderate position nationally. The county's median property tax of $5,253 exceeds the national median of $2,690, though this reflects Albany's higher median home value of $277,400 compared to the national median of $281,900.
Middle of the pack in New York
Among New York's 62 counties, Albany ranks in the middle tier for effective tax rates, neither among the highest nor lowest. The county collects $5,253 in median annual property taxes, about $544 more than the state average of $4,709.
Competitive with nearby upstate counties
Albany's 1.894% effective rate is lower than Broome County's 2.635% and Cayuga County's 2.282%, making it relatively competitive for the region. However, Albany's median home values ($277,400) are substantially higher than rural neighbors like Allegany County ($97,900), driving up absolute tax bills.
Expect roughly $5,253 annually
On a median-valued Albany home of $277,400, you'll pay approximately $5,253 in annual property taxes at the current effective rate. With a mortgage, the bill rises to $5,608; without one, it drops to $4,604.
Many Albany homeowners overpay annually
Studies show 15–25% of homeowners statewide are overassessed on their properties, meaning you could owe thousands less. Filing a formal assessment appeal costs nothing and takes roughly 30 days—worth exploring if your home has lost value or been inflated by the assessor.
How Albany County Compares
Median Annual Property Tax
Albany County
1.89%
Effective rate
New York Avg
1.76%
Effective rate
National Avg
0.91%
Effective rate
Frequently Asked Questions
What is the property tax rate in Albany County, New York?
How much are property taxes in Albany County?
How does Albany County compare to the New York average?
What is the median home value in Albany County, New York?
Why is Albany County property tax rate higher than the New York average?
How does Albany County rank for property taxes in New York?
Counties with Similar Tax Rates
Nearby Counties
Other Counties in New York
Data updated: March 2026
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates. Effective tax rate is calculated as median property tax divided by median home value.