Juneau County Property Taxes
The median property tax rate in Juneau is 1.02%, which is slightly higher than the national median of 0.99% but lower than the Alaska state median of 1.37%. With the median home value in Juneau at $441,350, the typical annual property tax bill amounts to $4,081, surpassing the national median of $2,690. Property taxes in Juneau are calculated based on the tax assessed value, which is often less than the actual market value due to various property tax exemptions, such as those for primary residences. Understanding Juneau's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can lead to substantial annual savings. Whether you reside in the city of Juneau or elsewhere in the county, gaining a thorough understanding of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Juneau County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.02%
Estimate Property Tax Bill
$4,502
Ownwell’s Juneau Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Juneau with just 2 data points. Enter your property's estimated assessed value, and our 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’d like to see trends on a 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 Rates Across Juneau County, Alaska
Property taxes in Juneau play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Juneau is 1.02%, which is higher than the U.S. national median of 0.99%. Local government entities within Juneau set these rates annually, and they can vary significantly between different areas within the county. Each year, Juneau estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Juneau's effective property tax rate with other regions and the national median. For comparison, the city of Douglas has one of the higher property tax rates in Alaska at 1.02%, while the city of Juneau boasts the same rate. Analyzing how Juneau's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Juneau County Tax Rate
1.02%
Average Alaska Tax Rate
1.37%
Average United States Tax Rate
0.99%
Property Tax Assessment Values Across Juneau County, Alaska
In Juneau, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Juneau Appraisal District. The assessed value, however, 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. Assessment notices in Juneau are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Juneau will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. Juneau has a median home price of $441,350, with the highest median tax bill in the city being $4,123 and the lowest in Douglas at $3,421. By understanding these factors, property owners can make informed decisions about their property tax obligations.
Average Juneau County Assessed Value
$441,350
Average Alaska Assessed Value
$289,400
Average United States Assessed Value
$244,900
Property Tax Bills Across Juneau County, Alaska
Property tax bills in Juneau, AK are calculated based on the assessed value of a property, which is determined by the local tax assessor. The assessed value is a percentage of the property’s market value. Homeowners in Juneau face varying tax bills, influenced by factors such as property size, location, and market conditions. For instance, the median home price in Juneau is $441,350, and property tax bills can range significantly. At the 25th percentile, homeowners might pay around $2,141, while those at the 75th percentile could see bills as high as $5,294. The highest median tax bill in the city of Juneau is $4,123, whereas in Douglas, it is $3,421. These tax bills impact homeowners by contributing to the overall cost of owning property. Higher property taxes can affect affordability and household budgets. Comparing these figures to the national median property tax rate of 0.99%, it's evident that property taxes in Juneau can be relatively high, reflecting the area's unique market conditions and property values.
Average Juneau County Tax Bill
$4,081
Average Alaska Tax Bill
$3,874
Average United States Tax Bill
$2,690