2026 effective rate · 1.12% · above the US average (0.99%)
Alaska Property Tax Calculator
Estimate annual and monthly property tax in Alaska. The state's effective property tax rate is 1.12% (close to the national average, vs the US average of about 0.99%). On a $318,200 median-value home, that works out to about $3,680 per year or $297 per month.
Alaska median home property tax
$3,564 per year
$297 per month at the median home value of $318,200
Effective rate 1.12% times $318,200 = $3,564
Alaska property tax at common home values
| Home value | Annual property tax | Monthly | % of value |
|---|---|---|---|
| $150,000 | $1,680 | $140 | 1.12% |
| $250,000 | $2,800 | $233 | 1.12% |
| $318,200 (median) | $3,564 | $297 | 1.12% |
| $350,000 | $3,920 | $327 | 1.12% |
| $500,000 | $5,600 | $467 | 1.12% |
| $750,000 | $8,400 | $700 | 1.12% |
Uses Alaska's 2026 effective rate (1.12%). Actual taxes vary by county and exemptions. For full PITI mortgage estimate including taxes + insurance, use the Alaska mortgage calculator.
Alaska property tax overview
Alaska has no state property tax — all property tax is collected at the municipal level. Some municipalities (e.g., Anchorage) exempt the first $150,000 of value for owner-occupied homes. No state income tax means more after-tax dollars for the mortgage.
Alaska's effective rate of 1.12% ranks close to the national average nationally. Median annual property tax: $3,680. Median home value: $318,200.
FAQs about Alaska property tax
What is the property tax rate in Alaska?
Alaska's effective property tax rate is 1.12% (close to the national average, vs national average of ~0.99%). On a $318,200 median-value home, that's about $3,680 per year, or roughly $297 per month added to your housing cost.
How is property tax calculated in Alaska?
Property tax = assessed value times the local mill rate (millage). The effective rate (1.12%) is what you actually pay as a percentage of market value, accounting for assessment ratios, exemptions, and millage. For a home valued at X, multiply X by 1.12% for an annual estimate.
When are property taxes due in Alaska?
Property tax due dates vary by county within Alaska. Most counties bill annually with either a single payment or two installments. Common payment deadlines fall in late summer (1st half) and late winter (2nd half). Check with your county tax assessor for exact dates and any escrow arrangements through your mortgage lender.
Does Alaska have a homestead exemption?
Alaska offers various property tax relief programs. Alaska has no state property tax — all property tax is collected at the municipal level. Some municipalities (e.g., Anchorage) exempt the first $150,000 of value for owner-occupied homes. No state income tax means more after-tax dollars for the mortgage. Check with your county assessor for primary-residence exemptions and senior or disabled programs that may reduce your annual property tax bill.
How does Alaska property tax compare to neighboring states?
Alaska property tax rate is 1.12%. Compare with other states using our national property tax calculator.
Can I appeal my property tax assessment in Alaska?
Yes. Every US state including Alaska provides a formal property tax appeal process. Steps: (1) request your property's assessment record from the county assessor, (2) gather comparable sales from your neighborhood, (3) file a formal appeal within the deadline (usually 30-60 days after assessment notice). Successful appeals typically save 5-15% on annual tax bills.
How can I lower my Alaska property taxes?
Common strategies: apply for homestead exemption (primary residence), senior or disabled exemptions if eligible, veteran's exemptions, and appeal over-assessment. Track your county's assessment notices carefully and verify the appraisal matches recent comparable home sales. Avoid major visible upgrades right before reassessment dates.