Anchorage County, Alaska Property Taxes

Name: Property Tax Bills Across Anchorage County, Alaska
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Anchorage County effective property tax rate: 1.70%, significantly higher than the national median of 1.02%.
Median Anchorage County home value: $340,300
Median annual Anchorage County tax bill: $5,656, $3,256 higher than the national median property tax bill of $2,400.

How are property taxes in Anchorage County calculated?

Property taxes in Anchorage County 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. Whether you live in Anchorage or another part of Anchorage County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Anchorage County, Alaska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.7%

Estimate Property Tax Bill

$5,785

$5,368

Ownwell’s Anchorage County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Anchorage County with just two data points.

By entering your property's estimated assessed value, our calculator applies Anchorage County’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 property taxes in Anchorage County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Anchorage County, Alaska

Local government entities set tax rates, which can vary widely within a state. Each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is the annual process.

In Anchorage County, the effective property tax rate stands out as it is significantly higher than the national median property tax rate of 1.02%. Anchorage boasts the highest median property tax rate in the state at 1.70%, while nearby Bird Creek has the lowest at 0.74%. This contrast illustrates the diversity in property tax rates even within a single state. Understanding these variations is crucial for property owners, as it directly impacts their annual tax bills. Comparing Anchorage County's rate to the national median can offer valuable insights into how local property taxes are assessed and how they might influence property ownership costs.

Property Tax Rates Across Anchorage County, Alaska

Source: Ownwell

0.74%

1.22%

1.70%

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 Anchorage County Tax Rate

1.70%

Median Effective Alaska Tax Rate

1.37%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Anchorage County, Alaska

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Anchorage	1.61%	1.70%	1.70%	1.70%	1.70%
Bird Creek	0.74%	0.74%	0.74%	0.74%	0.74%
Chugiak	1.50%	1.50%	1.50%	1.50%	1.52%
Eagle River	1.49%	1.52%	1.65%	1.66%	1.67%
Girdwood	1.26%	1.26%	1.26%	1.26%	1.26%
Indian	0.74%	0.74%	0.74%	0.74%	0.74%

Source: Ownwell

Property Tax Assessment Values Across Anchorage County, Alaska

When examining property taxes in Anchorage County, 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 location, property condition, and economic market trends. The Anchorage County appraisal district 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 Anchorage County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Anchorage County. For example, the median tax bill in Anchorage County is $5955, with tax bills ranging significantly across the county. Indian has the highest median home price at $483,400.

Property Tax Assessment Values Across Anchorage County, Alaska

Source: Ownwell

$269,600

$386,900

$504,200

Median Anchorage County Market Value

$340,300

Median Alaska Market Value

$289,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Anchorage County, Alaska

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Anchorage	$163,500	$249,000	$333,300	$428,500	$566,300
Bird Creek	$179,440	$344,675	$463,850	$541,375	$793,470
Chugiak	$191,930	$297,175	$372,850	$454,725	$550,950
Eagle River	$258,080	$313,250	$369,200	$470,700	$584,100
Girdwood	$193,600	$335,325	$445,350	$621,550	$768,450
Indian	$197,260	$362,850	$483,400	$631,400	$737,360

Source: Ownwell

Property Tax Bills Across Anchorage County, Alaska

In Anchorage, AK, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The median home price in Anchorage is $340,300. Homeowners in this area experience property tax bills that vary significantly, with the 25th percentile at $4,264 and the 75th percentile at $7,183. The 90th percentile of tax bills can reach up to $9,222, reflecting the diversity in property values and tax rates within the county. The city of Eagle River has the highest median tax bill at $5,955, while Bird Creek records the lowest at $3,437. These values highlight the impact of location and property assessments on tax obligations. Compared to the national median property tax rate of 1.02% and a typical tax bill of $2,400, Anchorage's property taxes are notably higher. This can place a significant financial burden on homeowners, influencing decisions about home ownership and affordability in the region.

Property Tax Bills Across Anchorage County, Alaska

Source: Ownwell

$3,437

$5,724

$8,010

Median Anchorage County Tax Bill

$5,656

Median Alaska Tax Bill

$3,874

Median United States Tax Bill

$2,400

Property Tax Bills Across Anchorage County, Alaska

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Anchorage	$2,691	$4,186	$5,627	$7,161	$9,266
Bird Creek	$1,330	$2,554	$3,437	$3,957	$5,862
Chugiak	$2,473	$4,385	$5,573	$6,795	$8,258
Eagle River	$4,068	$5,047	$5,955	$7,474	$9,286
Girdwood	$2,424	$3,922	$5,545	$7,780	$9,678
Indian	$1,254	$2,605	$3,525	$4,645	$5,421

Source: Ownwell