Understanding Alaska Property Taxes
Overview of Alaska Taxes
Alaska collects a total of $11,625,812,000 in revenue every year. Of that, $1,568,444,000 comes from property taxes, or 13.5% of total revenue. As a result, Alaska has the 22nd highest property tax rate in the country, which is 0.8% less than the national average of 1.06%. Generally speaking, states where property taxes make up a higher percentage of total state revenue have higher property tax rates, and states where property taxes make up a smaller percentage of state revenue have lower property tax rates.
How does this translate to what homeowners actually pay? The average home value across Alaska is $258,184, meaning the average Alaska homeowner pays 1.06% of their home value every year in property taxes, or $10.56 for every $1,000 in home value.
Property Tax Calendar
Alaska's property tax system is governed by state statute, which means that despite significant variation in what homeowners in different parts of Alaska, there are important constants. Alaska's assessment date, which is both the point in time when the owner of a property is liable for property tax and the point in time at the property's value is determined, is January 1. Alaska property tax appeals, which allow homeowners to contest the assessment, starts 30 days after notice is mailed. The date which property tax bills become due on is Varies.
Property Tax Calculator
If you are are a current homeowner in Alaska or are looking at buying a specific property in Alaska, check out our Alaska Property Tax Calculator to determine if you should consider appealing your property tax assessment.
Property Tax Tool
If you are planning to buy a home in Alaska and want to understand the size of your property tax bill, check out our Alaska Property Tax Tool to see what your bill would be.
Property Tax Information for Alaska Counties
The table below will help provide more information about how property taxes work in each county in Alaska.
|County||Average Home Value||Average Tax Bill||Bill per $1,000|
|Aleutians West Census Area||$223,487||$1,334||$6.00|
|Bristol Bay Borough||$204,944||$870||$4.20|
|Dillingham Census Area||$207,245||$896||$4.30|
|Fairbanks North Star Borough||$221,624||$2,640||$11.90|
|Juneau City and Borough||$324,940||$2,850||$8.80|
|Kenai Peninsula Borough||$228,134||$1,503||$6.60|
|Ketchikan Gateway Borough||$274,289||$2,105||$7.70|
|Kodiak Island Borough||$244,693||$2,292||$9.40|
|Nome Census Area||$149,041||$579||$3.90|
|North Slope Borough||$140,132||$678||$4.80|
|Prince of Wales-Hyder Census Area||$192,225||$245||$1.30|
|Sitka City and Borough||$341,967||$1,686||$4.90|
|Valdez-Cordova Census Area||$195,929||$1,313||$6.70|
|Wrangell City and Borough||$180,875||$926||$5.10|
|Yakutat City and Borough||$155,106||$1,074||$6.90|
Want to learn more about Alaska property taxes? Check out out our county-specific property tax pages linked below: