Anchorage Municipality Property Tax Rate

Alaska

1.26%effective rate

Anchorage Municipality, Alaska has an effective property tax rate of 1.26%, which is 37% higher than the national average of 0.92%. On a home valued at $395,900, homeowners pay approximately $4,982 per year in property taxes. Anchorage Municipality ranks #3 out of 28 counties in Alaska for property tax rates.

Median Tax Paid🏠

$4,982

Per year

Median Home Value📊

$395,900

2024 estimate

Tax as % of Income💰

4.82%

Median income: $103,284

State Rank📍

#3

of 28 counties in AK

Tax Breakdown

With Mortgage

$5,082

median annual tax

Without Mortgage

$4,726

median annual tax

Homeowners with a mortgage in Anchorage Municipality pay on average $356 more per year than those without. This difference often reflects how property tax escrow accounts in mortgaged homes capture the full tax obligation.

How Anchorage Municipality Compares

Anchorage Municipality
1.26%
Alaska Average
1.11%
National Average
0.92%

Top Counties in Alaska

Dillingham Census Area
1.72%
Nome Census Area
1.55%
Anchorage Municipality
1.26%
Fairbanks North Star Borough
1.19%
Southeast Fairbanks Census Area
1.19%
Yukon-Koyukuk Census Area
1.13%
Matanuska-Susitna Borough
1.06%
North Slope Borough
1.06%

Historical Property Tax Trends

YearMedian TaxMedian Home ValueEffective Rate
2020$4,266$320,1001.33%
2021$4,407$327,5001.35%
2022$4,760$363,8001.31%
2023$4,865$375,9001.29%
2024$4,982$395,9001.26%

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates

Alaska Property Tax Exemptions

Available to Anchorage Municipality homeowners

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

Property Tax Calculator

Estimate your annual property tax in Anchorage Municipality

$
$50k$2M

Estimated Annual Property Tax

$3,780

$315/month · Rate: 1.26%

Quick Facts

Population288,976
Owner-Occupied57.7%
National Rank#668 of 3,135
Median Income$103,284

Think your property tax is too high?

Homeowners save an average of $1,148/year by appealing their assessment.

Learn How to Appeal →

Frequently Asked Questions

Data Source: U.S. Census Bureau, 2024 American Community Survey 5-Year Estimates. 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.