King Salmon, Bristol Bay County, Alaska Property Taxes

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

Median King Salmon, AK effective property tax rate: 1.11%, significantly higher than the national median of 1.02%, but lower than the Alaska state median of 1.37%.
Median King Salmon, AK home value: $206,700
Median annual King Salmon, AK tax bill: $2,291, $109 lower than the national median property tax bill of $2,400.

How are property taxes in Bristol Bay calculated?

Property taxes in King Salmon, AK 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 King Salmon’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in King Salmon, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

King Salmon, Bristol Bay County, Alaska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.11%

Estimate Property Tax Bill

$2,294

$2,129

Ownwell’s King Salmon Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in King Salmon with just two data points. By entering your property's estimated assessed value, our calculator applies King Salmon’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 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 Bristol Bay. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across King Salmon, Bristol Bay County, Alaska

Local government entities set tax rates, which can vary widely within a 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. This calculation results 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 King Salmon’s effective property tax rate to other cities in Alaska and the median property tax rates in Alaska and the U.S.

Property Tax Rates Across King Salmon, Bristol Bay County, Alaska

Source: Ownwell

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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 King Salmon Tax Rate

1.11%

Median Effective Bristol Bay County Tax Rate

1.10%

Median Effective Alaska Tax Rate

1.37%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across King Salmon, Bristol Bay County, Alaska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
99613	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across King Salmon, Bristol Bay County, Alaska

When examining property taxes in King Salmon, AK, 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 Bristol Bay 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.

In Bristol Bay County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle 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 King Salmon. For example, the median home price in King Salmon is $206,700, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across King Salmon, Bristol Bay County, Alaska

Source: Ownwell

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Median King Salmon Market Value

$206,700

Median Bristol Bay County Market Value

$163,100

Median Alaska Market Value

$289,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across King Salmon, Bristol Bay County, Alaska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
99613	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across King Salmon, Bristol Bay County, Alaska

In King Salmon, Bristol Bay, AK, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local tax rate to calculate the annual tax bill. Homeowners in King Salmon typically see a tax bill ranging from $2,039 at the 25th percentile to $2,693 at the 90th percentile, reflecting variations in home values and tax rates. The median home price in the area is $206,700, which influences the tax bill. Compared to the national median property tax bill of $2,400, King Salmon's property tax bills are relatively comparable.

For homeowners, these property taxes can represent a significant financial obligation. Ownwell offers valuable assistance by reviewing your property tax assessment and identifying potential savings. Our team of experts can help ensure you're not overpaying by filing appeals or exemptions if applicable. With Ownwell's expertise, homeowners in King Salmon can potentially reduce their tax burden, keeping more money in their pockets.

Property Tax Bills Across King Salmon, Bristol Bay County, Alaska

Source: Ownwell

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Median King Salmon Tax Bill

$2,291

Median Bristol Bay County Tax Bill

$1,573

Median Alaska Tax Bill

$3,874

Median United States Tax Bill

$2,400

Property Tax Bills Across King Salmon, Bristol Bay County, Alaska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
99613	N/A	N/A	N/A	N/A	N/A

Source: Ownwell