Property Taxes in Alaska
Median Alaska property tax rate: 1.37%, significantly higher than the national median of 1.02%. Median Alaska home value: $289,400. Median annual Alaska tax bill: $3,874, $1,474 higher than the national median property tax bill of $2,400. How are property taxes in Alaska calculated? Property taxes in Alaska are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption. Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you are in Alaska, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Alaska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.37%
Estimate Property Tax Bill
$3,965
$3,679
Ownwell’s Alaska Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Alaska with just two data points. By entering your property's estimated assessed value, our calculator applies Alaska's median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing homeownership costs in Alaska. For those interested in more localized information, please scroll down to explore county and city-level trends!
Property Tax Rates Across Alaska
Local government entities in Alaska set tax rates, which can vary widely within the state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare an Alaska county’s effective property tax rate to other counties in Alaska or the U.S. median property tax rate. For instance, North Slope County has the highest effective property tax rate in Alaska, at 1.80%, while Skagway County has the lowest, at 0.50%.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Alaska Tax Rate
1.37%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Alaska
| County | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Anchorage | 1.50% | 1.67% | 1.70% | 1.70% | 1.70% |
| Bristol Bay | 0.37% | 0.83% | 1.10% | 1.12% | 1.15% |
| Fairbanks North Star | 1.17% | 1.26% | 1.40% | 1.55% | 1.66% |
| Haines | 0.43% | 0.65% | 0.68% | 0.98% | 0.98% |
| Juneau | 0.66% | 0.81% | 1.02% | 1.02% | 1.02% |
| Ketchikan Gateway | 0.44% | 0.60% | 0.79% | 1.18% | 1.18% |
| Kodiak Island | 0.74% | 1.03% | 1.22% | 1.32% | 1.34% |
| Matanuska-Susitna | 0.47% | 1.03% | 1.21% | 1.29% | 1.47% |
| Nome | 1.05% | 1.05% | 1.05% | 1.05% | 1.05% |
| North Slope | 0.60% | 1.09% | 1.80% | 1.80% | 1.80% |
| Skagway | 0.44% | 0.47% | 0.50% | 0.50% | 0.51% |
| Valdez-Cordova | 0.10% | 0.69% | 1.15% | 1.15% | 1.15% |
| Wrangell | 0.77% | 1.27% | 1.27% | 1.28% | 1.28% |
| Aleutians East | N/A | N/A | N/A | N/A | N/A |
| Aleutians West | N/A | N/A | N/A | N/A | N/A |
| Bethel | N/A | N/A | N/A | N/A | N/A |
| Denali | N/A | N/A | N/A | N/A | N/A |
| Dillingham | N/A | N/A | N/A | N/A | N/A |
| Hoonah-Angoon | N/A | N/A | N/A | N/A | N/A |
| Kenai Peninsula | N/A | N/A | N/A | N/A | N/A |
| Lake and Peninsula | N/A | N/A | N/A | N/A | N/A |
| Northwest Arctic | N/A | N/A | N/A | N/A | N/A |
| Petersburg | N/A | N/A | N/A | N/A | N/A |
| Prince of Wales-Hyder | N/A | N/A | N/A | N/A | N/A |
| Sitka | N/A | N/A | N/A | N/A | N/A |
| Southeast Fairbanks | N/A | N/A | N/A | N/A | N/A |
| Yakutat | N/A | N/A | N/A | N/A | N/A |
| Yukon-Koyukuk | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Alaska
Understanding the distinction between "market value" and "assessed value" is crucial when examining property taxes in Alaska. The market value is what a willing buyer would pay to a willing seller in an open and competitive market. Location, property condition, and economic market trends often influence it. Each Alaska county assessor estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill. Assessment notices: In Alaska, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the end of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Alaska. For example, Juneau has the highest median home price at $441,350.
Median Alaska Market Value
$289,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Alaska
| County | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Anchorage | $165,000 | $255,500 | $340,300 | $436,800 | $573,200 |
| Bristol Bay | $70,180 | $111,900 | $163,100 | $212,300 | $277,860 |
| Fairbanks North Star | $53,812 | $155,553 | $255,766 | $333,418 | $415,550 |
| Haines | $70,120 | $128,700 | $202,400 | $307,200 | $423,540 |
| Juneau | $59,450 | $258,000 | $441,350 | $557,575 | $691,600 |
| Ketchikan Gateway | $46,500 | $159,450 | $263,900 | $355,300 | $462,900 |
| Kodiak Island | $52,900 | $173,900 | $309,800 | $383,650 | $456,500 |
| Matanuska-Susitna | $40,100 | $124,975 | $277,600 | $385,400 | $506,750 |
| Nome | $70,560 | $205,950 | $295,200 | $388,950 | $515,580 |
| North Slope | $57,300 | $90,200 | $130,000 | $222,300 | $298,500 |
| Skagway | $137,700 | $165,450 | $280,550 | $391,125 | $519,700 |
| Valdez-Cordova | $6,200 | $21,300 | $157,850 | $276,400 | $356,360 |
| Wrangell | $3,160 | $6,450 | $14,200 | $75,400 | $175,260 |
| Aleutians East | N/A | N/A | N/A | N/A | N/A |
| Aleutians West | N/A | N/A | N/A | N/A | N/A |
| Bethel | N/A | N/A | N/A | N/A | N/A |
| Denali | N/A | N/A | N/A | N/A | N/A |
| Dillingham | N/A | N/A | N/A | N/A | N/A |
| Hoonah-Angoon | N/A | N/A | N/A | N/A | N/A |
| Kenai Peninsula | N/A | N/A | N/A | N/A | N/A |
| Lake and Peninsula | N/A | N/A | N/A | N/A | N/A |
| Northwest Arctic | N/A | N/A | N/A | N/A | N/A |
| Petersburg | N/A | N/A | N/A | N/A | N/A |
| Prince of Wales-Hyder | N/A | N/A | N/A | N/A | N/A |
| Sitka | N/A | N/A | N/A | N/A | N/A |
| Southeast Fairbanks | N/A | N/A | N/A | N/A | N/A |
| Yakutat | N/A | N/A | N/A | N/A | N/A |
| Yukon-Koyukuk | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Alaska
In Alaska, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The tax bill is influenced by the local tax rate and the assessed value of the property. Factors such as location, property size, and improvements can affect the assessed value. Homeowners in Anchorage experience the highest median tax bill at $5,656, while those in Wrangell see the lowest at $194. The 25th percentile tax bill is $1,778, and the 75th percentile is $5,761, with the 90th percentile reaching $7,619. Compared to the national median tax bill of $2,400, many Alaskan homeowners face varying tax burdens depending on their location and property value.
Median Alaska Tax Bill
$3,874
Median United States Tax Bill
$2,400
Property Tax Bills Across Alaska
| County | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Anchorage | $2,757 | $4,264 | $5,656 | $7,183 | $9,222 |
| Bristol Bay | $490 | $861 | $1,573 | $2,020 | $2,774 |
| Fairbanks North Star | $788 | $2,204 | $3,655 | $4,933 | $6,331 |
| Haines | $397 | $795 | $1,521 | $2,512 | $3,699 |
| Juneau | $626 | $2,141 | $4,081 | $5,294 | $6,666 |
| Ketchikan Gateway | $415 | $1,016 | $2,276 | $3,259 | $4,223 |
| Kodiak Island | $619 | $1,952 | $3,451 | $4,727 | $5,630 |
| Matanuska-Susitna | $375 | $991 | $2,908 | $4,367 | $5,856 |
| Nome | $627 | $1,358 | $2,883 | $4,580 | $5,418 |
| North Slope | $599 | $1,162 | $2,211 | $3,558 | $5,317 |
| Skagway | $739 | $921 | $1,417 | $1,966 | $2,608 |
| Valdez-Cordova | $16 | $233 | $1,838 | $3,192 | $4,124 |
| Wrangell | $38 | $79 | $194 | $878 | $1,864 |
| Aleutians East | N/A | N/A | N/A | N/A | N/A |
| Aleutians West | N/A | N/A | N/A | N/A | N/A |
| Bethel | N/A | N/A | N/A | N/A | N/A |
| Denali | N/A | N/A | N/A | N/A | N/A |
| Dillingham | N/A | N/A | N/A | N/A | N/A |
| Hoonah-Angoon | N/A | N/A | N/A | N/A | N/A |
| Kenai Peninsula | N/A | N/A | N/A | N/A | N/A |
| Lake and Peninsula | N/A | N/A | N/A | N/A | N/A |
| Northwest Arctic | N/A | N/A | N/A | N/A | N/A |
| Petersburg | N/A | N/A | N/A | N/A | N/A |
| Prince of Wales-Hyder | N/A | N/A | N/A | N/A | N/A |
| Sitka | N/A | N/A | N/A | N/A | N/A |
| Southeast Fairbanks | N/A | N/A | N/A | N/A | N/A |
| Yakutat | N/A | N/A | N/A | N/A | N/A |
| Yukon-Koyukuk | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell