North Pole, Fairbanks North Star County, Alaska Property Taxes

Name: Property Tax Bills Across North Pole, Fairbanks North Star County, Alaska
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median North Pole, AK effective property tax rate: 1.33%, significantly higher than the national median of 1.02%, but lower than the Alaska state median of 1.37%.
Median North Pole, AK home value: $278,391
Median annual North Pole, AK tax bill: $3,679, $1,279 higher than the national median property tax bill of $2,400.

How are property taxes in Fairbanks North Star calculated?

Property taxes in North Pole, AK 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 North Pole’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in North Pole, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

North Pole, Fairbanks North Star County, Alaska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.33%

Estimate Property Tax Bill

$3,703

$3,436

Ownwell’s North Pole Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in North Pole with just two data points. By entering your property's estimated assessed value, our calculator applies North Pole’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Fairbanks North Star. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across North Pole, Fairbanks North Star County, Alaska

Local government entities are responsible for setting property tax rates, which can significantly vary within a state. This variation occurs because each county annually estimates its budgetary needs to provide essential services and divides this by the total assessed value of all taxable property within its boundaries, resulting in the property tax rate. Although votes and legislation play a role in determining tax rates and budgets, this is the core process followed each year.

In North Pole, located in Fairbanks North Star County, the effective property tax rate is a reflection of these calculations and decisions. When compared to other cities in Alaska, North Pole's rate offers a unique perspective on local tax burdens. The median property tax rate in Alaska stands at 1.33%, which is above the national median of 1.02%. This comparison highlights the distinct property tax landscape in North Pole and provides valuable insight for property owners. Understanding these rates is crucial for homeowners seeking to manage their property tax liabilities effectively.

Property Tax Rates Across North Pole, Fairbanks North Star County, Alaska

Source: Ownwell

1.26%

1.39%

1.51%

Our median effective property tax rate (tax bill ÷ 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 North Pole Tax Rate

1.33%

Median Effective Fairbanks North Star County Tax Rate

1.40%

Median Effective Alaska Tax Rate

1.37%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across North Pole, Fairbanks North Star County, Alaska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
99705	1.15%	1.23%	1.33%	1.40%	1.53%

Source: Ownwell

Property Tax Assessment Values Across North Pole, Fairbanks North Star County, Alaska

When examining property taxes in North Pole, AK, 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 Fairbanks North Star County 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.

In Fairbanks North Star County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in North Pole.

For example, the median home price in North Pole is $278,391, with tax bills ranging significantly across the county. Zip code 99705 has the highest median home price at $278,391.

Property Tax Assessment Values Across North Pole, Fairbanks North Star County, Alaska

Source: Ownwell

$142,391

$210,391

$278,391

Median North Pole Market Value

$278,391

Median Fairbanks North Star County Market Value

$255,766

Median Alaska Market Value

$289,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across North Pole, Fairbanks North Star County, Alaska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
99705	$63,153	$201,634	$278,391	$338,850	$405,713

Source: Ownwell

Property Tax Bills Across North Pole, Fairbanks North Star County, Alaska

In North Pole, located in Fairbanks North Star, AK, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local tax rate to calculate the annual property tax bill. With a median home price of $278,391, homeowners in North Pole can expect varying tax bills. The 25th percentile tax bill is $2,549, while the 75th percentile reaches $4,586, and the 90th percentile is as high as $5,552. Compared to the national median property tax bill of $2,400, North Pole's tax bills are relatively higher. This can significantly impact homeowners, as higher tax bills can affect overall affordability and financial planning. Ownwell can assist homeowners in North Pole by offering property tax appeal services, potentially lowering their tax bills. By analyzing property assessments and identifying discrepancies, Ownwell helps ensure homeowners are not overpaying, ultimately providing financial relief and helping them save on their property taxes.

Property Tax Bills Across North Pole, Fairbanks North Star County, Alaska

Source: Ownwell

$1,764

$2,905

$4,045

Median North Pole Tax Bill

$3,679

Median Fairbanks North Star County Tax Bill

$3,655

Median Alaska Tax Bill

$3,874

Median United States Tax Bill

$2,400

Property Tax Bills Across North Pole, Fairbanks North Star County, Alaska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
99705	$862	$2,549	$3,679	$4,586	$5,552

Source: Ownwell