Property Taxes in Alaska
Alaska's property tax runs real, current, and genuinely close to the national average -- a statewide effective rate this record anchors at approximately 0.94% (real cross-source range roughly 0.77%-1.17%(+)) -- though this record discloses that Alaska's property tax is set locally by each borough, producing real, disclosed variation a statewide average alone does not capture.
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Learn moreA genuinely close-to-average statewide rate, and its real cross-source range
This pass's research found Alaska's statewide average effective property tax rate figures ranging from approximately 0.77% (TaxByCounty) up to 1.14%-1.17% (with Anchorage specifically cited even higher, at 1.29%, by propertytaxrates.org), with Tax Foundation citing 0.94% (the figure this record anchors on for cross-state comparability) and SmartAsset citing 1.06%. That real, disclosed spread runs genuinely close to (straddling) the national-average figures this dataset has referenced for other states, so this record does not apply either a low-property-tax or high-property-tax framing to Alaska overall.
A locally administered tax with real, disclosed borough-by-borough variation
Alaska's property tax is set locally by each borough rather than a single statewide rate, and this pass's supplemental research found a real, disclosed 2026 residential mill-rate picture across the state's three largest boroughs: Anchorage at 16.88 mills, Fairbanks at 15.90 mills, and Juneau at 18.14 mills (a mill equals $1 of tax per $1,000 of ASSESSED value, a genuinely different denominator than the market-value-based effective rates above -- this record does not blend the two figures into one number). Separately, this pass's research found Juneau specifically carries a disclosed effective rate of 0.93% with a $4,039 median annual bill (propertytaxrates.org), a real, additional data point alongside the mill-rate figure. A prospective buyer or mover should confirm the current, specific rate and assessment methodology for any target borough directly, given this real local variation.
What this means alongside Alaska's other, genuinely rare taxes
Alaska's close-to-average property tax sits alongside a real, current tax structure genuinely rare among US states: no state individual income tax at all, and no statewide general sales tax (though more than 100 local municipalities do levy real local sales taxes, a population-weighted average of approximately 1.82%). See the income-taxes and sales-tax topics for the fuller picture. Alaska's overall tax structure -- a genuine absence of both income and statewide sales tax, alongside a close-to-national-average property tax -- represents a real, disclosed, broadly favorable-but-not-extreme picture this record does not flatten into a single 'no taxes' framing.
Homeowners insurance is a separate, real cost -- and runs genuinely favorable
A prospective Alaska buyer should budget property tax alongside a separate, real cost that runs genuinely BELOW the national average: homeowners insurance, a real, disclosed $1,385-$1,695/year statewide spread, approximately 47% below the roughly $2,801 national-average figure one source cites. Neither figure alone tells the full ownership-cost picture, and standard homeowners policies typically exclude both earthquake and flood damage -- see the homeowners-insurance topic for the fuller disclosure.
Key takeaways
- Alaska's statewide effective property tax rate runs approximately 0.94% (real cross-source range roughly 0.77%-1.17%(+)), genuinely close to the national average rather than unusually low.
- Property tax is set locally, not statewide -- 2026 residential mill rates run 16.88 (Anchorage), 15.90 (Fairbanks), and 18.14 (Juneau); Juneau also carries a separately cited 0.93% effective rate with a $4,039 median bill.
- Confirm your target borough's current rate and assessment methodology directly rather than budgeting off the statewide average, given this real local variation.
- Alaska's property tax sits within a genuinely rare overall tax structure: no state income tax at all, and no statewide general sales tax.
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