Kodiak Island County, Alaska Property Taxes

Name: Property Tax Bills Across Kodiak Island County, Alaska
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Kodiak Island County effective property tax rate: 1.22%, significantly higher than the national median of 1.02%.
Median Kodiak Island County home value: $309,800
Median annual Kodiak Island County tax bill: $3,451, $1,051 higher than the national median property tax bill of $2,400.

How are property taxes in Kodiak Island County calculated?

Property taxes in Kodiak Island County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Kodiak or another part of Kodiak Island County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Kodiak Island County, Alaska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.13%

Estimate Property Tax Bill

$3,832

$3,556

Ownwell’s Kodiak Island County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Kodiak Island County with just two data points. By entering your property's estimated assessed value, our calculator applies Kodiak Island County’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 more 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 Kodiak Island County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Kodiak Island County, Alaska

Local government entities in Alaska set tax rates, which can vary widely within the state. Each year, Kodiak Island County, like others, estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell. Kodiak Island County's effective property tax rate is 1.22%, slightly above the national median property tax rate of 1.02%. This means residents in Kodiak Island County pay more compared to the national average. Within the county, the city of Kodiak has the highest median tax rate of 1.23%, while Ouzinkie boasts the lowest at 1.03%. Comparing these rates to the national median property tax bill of $2400, property owners in Kodiak Island County may experience higher annual tax bills. Understanding these rates can help property owners better navigate their tax responsibilities and explore potential savings through appeals or exemptions.

Property Tax Rates Across Kodiak Island County, Alaska

Source: Ownwell

0.92%

1.02%

1.13%

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 Kodiak Island County Tax Rate

1.13%

Median Effective Alaska Tax Rate

1.16%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Kodiak Island County, Alaska

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Akhiok	0.92%	0.92%	0.93%	0.93%	0.93%
Karluk	0.92%	0.92%	0.93%	0.93%	0.93%
Kodiak	0.71%	0.93%	1.13%	1.23%	1.24%
Larsen Bay	0.92%	0.92%	0.92%	0.93%	0.93%
Old Harbor	0.92%	0.92%	0.93%	0.93%	0.93%
Ouzinkie	0.92%	0.92%	0.93%	0.93%	0.93%
Port Lions	0.92%	0.92%	0.92%	0.93%	0.93%
Chiniak	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Kodiak Island County, Alaska

When examining property taxes in Kodiak Island County, 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 Kodiak Island County Assessor's Office 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: Assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Kodiak Island County. For example, the median tax bill in Kodiak Island County is $3,693, with tax bills ranging significantly across the county. Kodiak has the highest median home price at $327,650.

Property Tax Assessment Values Across Kodiak Island County, Alaska

Source: Ownwell

$24,500

$197,350

$370,200

Median Kodiak Island County Market Value

$339,100

Median Alaska Market Value

$291,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Kodiak Island County, Alaska

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Akhiok	$1,760	$3,100	$24,500	$30,250	$39,500
Karluk	$30,240	$30,300	$33,300	$37,700	$44,240
Kodiak	$115,540	$252,400	$370,000	$445,700	$534,740
Larsen Bay	$12,360	$28,850	$53,850	$77,600	$100,920
Old Harbor	$16,120	$43,700	$53,500	$61,200	$85,640
Ouzinkie	$5,000	$31,900	$48,300	$63,100	$93,720
Port Lions	$35,950	$66,475	$81,450	$111,850	$153,510
Chiniak	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Kodiak Island County, Alaska

In Kodiak Island County, AK, property tax bills are calculated based on the assessed value of the property, which is determined by the local tax assessor. The tax rate is then applied to this assessed value to calculate the annual tax bill. Factors such as location, property size, and market conditions can influence the assessed value. Homeowners in Kodiak Island County experience a range of tax bills, with the median home price at $309,800. The tax bill at the 25th percentile is $1,952, while at the 75th percentile, it rises to $4,727, and at the 90th percentile, it reaches $5,630. This variance reflects the diverse property values and tax rates within the county. Notably, the city of Kodiak has the highest median tax bill at $3,693, while Ouzinkie has the lowest at $554. Compared to the national median property tax bill of $2,400, Kodiak Island County's tax bills can be relatively high, impacting homeowners' financial planning and budgeting.

Property Tax Bills Across Kodiak Island County, Alaska

Source: Ownwell

$263

$2,051

$3,839

Median Kodiak Island County Tax Bill

$3,546

Median Alaska Tax Bill

$3,021

Median United States Tax Bill

$2,400

Property Tax Bills Across Kodiak Island County, Alaska

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Akhiok	$158	$228	$263	$299	$408
Karluk	$280	$280	$304	$388	$413
Kodiak	$1,100	$2,494	$3,839	$5,103	$6,120
Larsen Bay	$141	$259	$477	$694	$1,102
Old Harbor	$427	$469	$535	$629	$876
Ouzinkie	$307	$418	$491	$579	$859
Port Lions	$172	$515	$675	$987	$1,322
Chiniak	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Don't miss the deadline to appeal!

Dates
Appeal Deadline	February 28