Anchorage, Anchorage County, Alaska Property Taxes
Property Taxes in Anchorage, Alaska
Median Anchorage, Alaska effective property tax rate: 1.32%, significantly higher than the national median of 1.02%, and higher than the Alaska state median of 1.16%.
Median Anchorage, Alaska home value: $364,490
Median annual Anchorage, Alaska tax bill: $4,558, $2,158 higher than the national median property tax bill of $2,400.
How are property taxes in Anchorage calculated?
Property taxes in Anchorage, Alaska are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Anchorage's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Anchorage, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Anchorage, Anchorage County, Alaska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.32%
Estimate Property Tax Bill
$4,811
$4,465
How Does the Anchorage Property Tax Calculator Work?
Use this Anchorage property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Anchorage's median effective tax rate of 1.32% — based on actual property records in Anchorage County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Anchorage's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Anchorage: rates range from $3,494.00 in 99518 to $6,989.00 in 99516, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Anchorage.
About Anchorage Property Taxes
About Property Taxes in Anchorage, Anchorage, AK
Anchorage’s median effective property tax rate of 1.32% is higher than the Alaska state median of 1.16% and higher than the national median of 1.02%. This rate reflects the Anchorage County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Anchorage. Homeowners in the 99501 ZIP code carry a median effective rate of 1.61%, while those in 99504 pay 1.29%. This spread — 0.32 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Anchorage County. Understanding which part of Anchorage you live in can make a meaningful difference to your annual tax bill.
Anchorage homeowners who believe their assessed value is too high can file a formal appeal with the local tax assessor before the February 11, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Anchorage, Anchorage County, Alaska
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Anchorage's effective property tax rate to other cities in Alaska and the median property tax rates in Alaska and the U.S.
Our median effective property tax rate (tax bill Ă· assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Anchorage Tax Rate
1.32%
Our median effective property tax rate (tax bill Ă· assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Anchorage County Tax Rate
1.31%
Median Effective Alaska Tax Rate
1.16%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Anchorage, Anchorage County, Alaska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99501 | 0.69% | 1.10% | 1.61% | 1.61% | 1.61% |
| 99502 | 0.65% | 1.03% | 1.32% | 1.61% | 1.61% |
| 99503 | 0.57% | 1.06% | 1.61% | 1.61% | 1.61% |
| 99504 | 0.56% | 0.97% | 1.29% | 1.61% | 1.61% |
| 99507 | 0.70% | 1.10% | 1.31% | 1.61% | 1.61% |
| 99508 | 0.59% | 0.97% | 1.32% | 1.61% | 1.61% |
| 99515 | 0.72% | 1.07% | 1.33% | 1.61% | 1.61% |
| 99516 | 0.81% | 1.02% | 1.31% | 1.41% | 1.61% |
| 99517 | 0.64% | 1.03% | 1.33% | 1.61% | 1.61% |
| 99518 | 0.55% | 1.11% | 1.32% | 1.61% | 1.61% |
Source: Ownwell
Property Tax Assessment Values Across Anchorage, Anchorage County, Alaska
When examining property taxes in Anchorage, Alaska, understanding the distinction between “market value” and “assessed value” is crucial.
The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Anchorage County appraisal district estimates the market value for tax purposes.
The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices are sent in the spring each year and typically reach your mailbox by the middle of January.
Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. In Anchorage, the median home price is $364,490, with tax bills ranging significantly across the county. ZIP code 99516 has the highest median home price at $554,000. The median property tax bill is $4,558, compared with the national median property tax bill of $2,400.
Property Tax Assessment Values Across Anchorage, Anchorage County, Alaska
Source: Ownwell
$289,700
$421,850
$554,000
Median Anchorage Market Value
$364,490
Median Anchorage County Market Value
$372,700
Median Alaska Market Value
$291,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Anchorage, Anchorage County, Alaska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99501 | $138,200 | $196,450 | $326,000 | $499,040 | $665,844 |
| 99502 | $218,500 | $304,650 | $383,300 | $476,700 | $623,620 |
| 99503 | $141,800 | $218,900 | $309,600 | $375,900 | $451,200 |
| 99504 | $201,700 | $255,850 | $329,500 | $383,000 | $447,360 |
| 99507 | $195,100 | $268,600 | $367,700 | $465,100 | $635,700 |
| 99508 | $109,691 | $219,650 | $311,500 | $394,600 | $480,640 |
| 99515 | $225,200 | $308,750 | $407,500 | $488,850 | $626,940 |
| 99516 | $396,580 | $461,600 | $554,000 | $695,800 | $873,220 |
| 99517 | $198,500 | $279,025 | $355,600 | $459,400 | $603,740 |
| 99518 | $167,700 | $214,650 | $289,700 | $358,475 | $421,420 |
Source: Ownwell
Property Tax Bills Across Anchorage, Anchorage County, Alaska
Property tax bills in Anchorage are based on the assessed value of a home and the local tax rate set for the area. For a home with a median market value of $364,490, the tax bill can vary widely depending on the property’s assessed value and the specific neighborhood within Anchorage.
The median tax bill is $6,989 in ZIP code 99516 and $3,494 in ZIP code 99518, showing how location can affect what homeowners pay. Across Anchorage, the 25th percentile tax bill is $2,893, while the 75th percentile is $6,326 and the 90th percentile reaches $8,546. These differences mean homeowners with similar homes may still pay very different amounts.
For homeowners, a higher assessed value usually means a higher tax bill, which can increase annual housing costs.
Median Anchorage Tax Bill
$4,558
Median Anchorage County Tax Bill
$4,640
Median Alaska Tax Bill
$3,021
Median United States Tax Bill
$2,400
Property Tax Bills Across Anchorage, Anchorage County, Alaska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99501 | $1,561 | $2,365 | $4,460 | $6,848 | $9,474 |
| 99502 | $1,978 | $3,163 | $4,896 | $6,575 | $8,931 |
| 99503 | $1,514 | $2,272 | $3,707 | $5,320 | $6,628 |
| 99504 | $1,641 | $2,547 | $3,938 | $5,216 | $6,309 |
| 99507 | $1,981 | $3,074 | $4,572 | $6,263 | $8,492 |
| 99508 | $1,275 | $2,146 | $3,678 | $5,262 | $6,700 |
| 99515 | $2,259 | $3,415 | $5,099 | $6,759 | $8,801 |
| 99516 | $3,533 | $5,217 | $6,989 | $9,017 | $11,763 |
| 99517 | $1,713 | $2,846 | $4,474 | $6,198 | $8,395 |
| 99518 | $1,557 | $2,497 | $3,494 | $4,750 | $6,041 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | February 11 |
Links | |
|---|---|
| Anchorage Tax Assessor | |
| Website | property.muni.org |