Juneau, Alaska Property Taxes
The median property tax rate in Juneau, AK is 1.02%, slightly above the national median of 0.99% but lower than the Alaska state median of 1.37%. With the median home value in Juneau at $445,200, the typical annual property tax bill reaches $4,123, significantly more than the national median of $2,690. Property taxes in Juneau are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence exemption. Understanding Juneau's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Juneau or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Juneau, Alaska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.02%
Estimate Property Tax Bill
$4,541
Ownwell’s Juneau Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Juneau with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Juneau to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Juneau, Alaska
Property taxes in Juneau, Alaska, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Juneau is 1.02%, higher than the U.S. national median of 0.99%. Local government entities within Juneau set these rates annually, and they can vary significantly across different neighborhoods. Each year, Juneau estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Juneau's effective property tax rate to other counties in Alaska and the national median. For comparison, the 99801 zip code has the highest median property tax rate of 1.02%, while the same zip code also has the lowest median tax rate of 1.02%. Understanding how these areas compare with Juneau provides valuable insights into the varying tax landscape across Juneau, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Juneau Tax Rate
1.02%
Average Juneau County Tax Rate
1.02%
Average Alaska Tax Rate
1.37%
Average United States Tax Rate
0.99%
Property Tax Rates Across Juneau, Alaska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99801 | 0.66% | 0.81% | 1.02% | 1.02% | 1.02% |
Source: Ownwell
Property Tax Assessment Values Across Juneau, Alaska
In Juneau, Alaska, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Juneau County Assessor for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Juneau, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Juneau helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Juneau is $445,200, with the median tax bill at the 25th percentile being $2,242 and at the 75th percentile being $5,317. The highest and lowest median tax bills are both $4,123 in the 99801 zip code.
Average Juneau Assessed Value
$445,200
Average Juneau County Assessed Value
$441,350
Average Alaska Assessed Value
$289,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Juneau, Alaska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99801 | $55,200 | $265,100 | $445,200 | $558,925 | $693,000 |
Source: Ownwell
Property Tax Bills Across Juneau, Alaska
In Juneau, property tax bills are calculated based on the assessed value of a property and the local tax rate. The median home price in Juneau is $445,200, and property taxes are levied using the city's specific tax rate. Homeowners in Juneau can expect their tax bills to vary significantly, with the 25th percentile tax bill at $2,242 and the 75th percentile reaching $5,317. At the higher end, the 90th percentile tax bill can go up to $6,675. Several factors influence these tax bills, including property size, location, and any applicable exemptions. Homeowners in zip code 99801 experience a median tax bill of $4,123, which is consistent across the board. Compared to the national median property tax rate of 0.99%, Juneau's property tax rates can be relatively high, impacting homeowners' annual expenses significantly. Understanding these factors is crucial for homeowners as they plan their finances and consider the long-term costs of owning property in Juneau.
Average Juneau Tax Bill
$4,123
Average Juneau County Tax Bill
$4,081
Average Alaska Tax Bill
$3,874
Average United States Tax Bill
$2,690
Property Tax Bills Across Juneau, Alaska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99801 | $605 | $2,242 | $4,123 | $5,317 | $6,675 |
Source: Ownwell