Douglas, Alaska Property Taxes
The median property tax rate in Douglas, AK is 1.02%, slightly higher than the national median of 0.99% but lower than the Alaska state median of 1.37%. With a median home value of $360,250 in Douglas, the typical annual property tax bill reaches $3,421, surpassing the national median of $2,690. Property taxes in Douglas are determined based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence exemption. Understanding Douglas's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Douglas or another part of Juneau County, familiarizing yourself with the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Douglas, Alaska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.02%
Estimate Property Tax Bill
$3,675
$3,410
Ownwell’s Douglas Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Douglas using just two data points. By inputting your property's estimated assessed value, the calculator utilizes the median tax rate in Douglas to provide an accurate estimate of your property tax bill. This valuable tool offers clarity on potential tax obligations. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property’s assessed value is determined by the county for tax purposes, taking into account any applicable exemptions.
Property Tax Rates Across Douglas, Alaska
Property taxes in Douglas, Alaska, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Douglas is 1.02%, higher than the U.S. national median of 0.99%. Local government entities within Douglas set these rates annually, and they can vary significantly across different neighborhoods. Each year, Douglas estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Douglas's effective property tax rate to other counties in Alaska and the national median. For comparison, the zip code 99824 has the highest median property tax rate of 1.02%, while the same zip code also has the lowest median tax rate of 1.02%. Understanding how these cities compare with Douglas provides valuable insights into the varying tax landscape across Juneau, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Douglas Tax Rate
1.02%
Average Juneau County Tax Rate
1.02%
Average Alaska Tax Rate
1.37%
Average United States Tax Rate
0.99%
Property Tax Rates Across Douglas, Alaska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99824 | 0.57% | 0.94% | 1.02% | 1.02% | 1.02% |
Source: Ownwell
Property Tax Assessment Values Across Douglas, Alaska
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Douglas, Alaska. The market value represents the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by local authorities for tax purposes. In contrast, the assessed value 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. In Douglas, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Douglas helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $3,421, found in zip code 99824.
Average Douglas Assessed Value
$360,250
Average Juneau County Assessed Value
$441,350
Average Alaska Assessed Value
$289,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Douglas, Alaska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99824 | $161,200 | $195,600 | $360,250 | $532,125 | $676,340 |
Source: Ownwell
Property Tax Bills Across Douglas, Alaska
In Douglas, located in Juneau County, AK, property tax bills are calculated based on the assessed value of a home. The median home price in Douglas is $360,250. Tax authorities determine the assessed value, which is then multiplied by the local tax rate to produce the annual tax bill. Factors considered in the assessment include the property's size, location, and condition. For homeowners in Douglas, the 25th percentile tax bill is $1,876, while those in the 75th percentile pay around $4,902. The 90th percentile of tax bills can reach up to $6,576. Interestingly, the highest and lowest median tax bills in Douglas are identical, both at $3,421 in the 99824 zip code. Compared to the national median property tax rate of 0.99%, Douglas homeowners experience a range of tax bills that reflect the diversity in property values and assessments within the area. This variability can significantly impact homeowners' finances, making it crucial to understand how these factors influence their annual tax obligations.
Average Douglas Tax Bill
$3,421
Average Juneau County Tax Bill
$4,081
Average Alaska Tax Bill
$3,874
Average United States Tax Bill
$2,690
Property Tax Bills Across Douglas, Alaska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99824 | $1,442 | $1,876 | $3,421 | $4,902 | $6,576 |
Source: Ownwell