What is the property tax rate in Alaska?

Alaska has an effective property tax rate of 1.11%, ranking it #16 out of 50 states. The median homeowner pays $3,901 per year.

How are property taxes calculated in Alaska?

Property taxes in Alaska are calculated by multiplying the assessed value of your property by the local tax rate (millage rate). The effective rate shown here (1.11%) represents the median taxes paid as a percentage of median home value across the state.

Which county in Alaska has the lowest property taxes?

Among Alaska's 28 counties, Yukon-Koyukuk Census Area has one of the lowest effective property tax rates.

Does Alaska have a homestead exemption?

Yes, Alaska offers several property tax exemptions including: General Homestead, Senior/Disabled, Disabled Veteran. See the exemptions section above for details.

Alaska Property Tax Rate

28 Counties

1.11%effective rate

Alaska has an effective property tax rate of 1.11%, ranking it #16 among all 50 states. The median homeowner in Alaska pays $3,901 per year in property taxes on a home valued at $352,900. This rate is 21% higher than the national average of 0.92%.

Effective Tax Rate📊

1.11%

#16 of 50 states

Median Tax Paid🏠

$3,901

Per year

Median Home Value💰

$352,900

2024 estimate

Total Counties📍

Population: 735,706

Property Tax Rates by County in Alaska

Rank ▲	County	Effective Rate	Median Tax	Median Value
#1	Dillingham Census Area	1.72%	$2,738	$159,000
#2	Nome Census Area	1.55%	$3,264	$211,200
#3	Anchorage Municipality	1.26%	$4,982	$395,900
#4	Fairbanks North Star Borough	1.19%	$3,550	$298,200
#5	Southeast Fairbanks Census Area	1.19%	$3,350	$282,000
#6	Yukon-Koyukuk Census Area	1.13%	$1,109	$98,500
#7	Matanuska-Susitna Borough	1.06%	$3,685	$346,600
#8	North Slope Borough	1.06%	$2,305	$218,300
#9	Chugach Census Area	0.98%	$3,379	$346,200
#10	Juneau City and Borough	0.95%	$4,251	$449,300
#11	Kodiak Island Borough	0.87%	$3,569	$412,300
#12	Bristol Bay Borough	0.83%	$2,045	$245,800
#13	Haines Borough	0.83%	$2,445	$293,300
#14	Aleutians West Census Area	0.71%	$3,090	$434,700
#15	Ketchikan Gateway Borough	0.67%	$2,619	$393,300
#16	Yakutat City and Borough	0.67%	$1,463	$219,400
#17	Kenai Peninsula Borough	0.63%	$2,049	$323,200
#18	Petersburg Borough	0.60%	$1,896	$315,100
#19	Wrangell City and Borough	0.56%	$1,673	$296,400
#20	Prince of Wales-Hyder Census Area	0.51%	$1,139	$225,300

How Alaska Compares

Alaska

1.11%

National Average

0.92%

Calculate Your Property Tax in Alaska

Property Tax Calculator

Estimate your annual property tax based on your location and home value

State

County

Home Value

$50k$2M

Apply homestead exemption ($100,000 reduction)

Estimated Annual Property Tax

$3,330

$278/month · Rate: 1.11%

Home Value

$300,000

Taxable Value

$300,000

Effective Rate

1.11%

Alaska Property Tax Exemptions

✓

General Homestead

Up to $150,000 of assessed value

Primary residence owners who are Alaska residents

✓

Senior/Disabled

Up to $150,000 of assessed value (may vary by municipality)

Homeowners age 65+ or disabled; must meet income requirements

✓

Disabled Veteran

Up to $150,000 of assessed value; first $50,000 for 50%+ disability

Veterans with 50% or greater service-connected disability

Frequently Asked Questions

Data Source: U.S. Census Bureau, 2024 American Community Survey 5-Year Estimates (the latest available). Effective tax rates are calculated by dividing median real estate taxes paid by median home value. Actual property tax rates may vary based on local taxing jurisdictions, exemptions, and assessment practices. This information is for general reference only and should not be used as a substitute for professional tax advice.