see also
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FAQs
Albany's housing costs are half as much as the state of Georgia and the national average . Albany also has lower grocery and transportation costs. There are more renters than homeowners in Albany (60% to 40%), and median rent in Albany is lower than the national average ($738 in Albany versus $1,062).
Why are houses so cheap in Albany? ›
The property tax in upstate New York is extremely high . That the tax is so high explains why the house prices are low compared with other parts of the country. A home buyer faces four costs: • purchase price; • property tax; • maintenance cost; • utility cost.
Is Albany GA a low income area? ›
Poverty & Diversity 29.6% of the population for whom poverty status is determined in Albany, GA (19.4k out of 65.5k people) live below the poverty line , a number that is higher than the national average of 12.5%.
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