Property Taxes in Alaska

Ownwell’s Alaska Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Alaska with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Alaska to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a county or city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.

Property Tax Assessment Values Across Alaska

When examining property taxes in Alaska, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by factors such as location, property condition, and economic market trends. Market value is estimated by each Alaska county assessor for tax purposes. The assessed value is then 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 are sent in the spring each year. They should reach your mailbox typically 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 values 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. Anchorage County has the highest median tax bill at $5,656, while Wrangell County has the lowest median tax bill at $194.

Property Tax Assessment Values Across Alaska

Source: Ownwell

$14,200

$227,775

$441,350

Average Alaska Assessed Value

$289,400

Average United States Assessed Value

$244,900