Nuiqsut, North Slope County, Alaska Property Taxes
Median NUIQSUT, AK effective property tax rate: 0.92%, significantly lower than the national median of 1.02%, but lower than the Alaska state median of 1.37%. Median NUIQSUT, AK home value: $109,150. Median annual NUIQSUT, AK tax bill: $1,036, $1,364 lower than the national median property tax bill of $2,400.
How are property taxes in North Slope calculated?
Property taxes in NUIQSUT, 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 NUIQSUT’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in NUIQSUT, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Nuiqsut, North Slope County, Alaska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.92%
Estimate Property Tax Bill
$1,004
$932
Property Tax Rates Across Nuiqsut, North Slope County, Alaska
Local government entities set tax rates, which can vary widely within a state. 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 NUIQSUT’s effective property tax rate to other cities in Alaska and the median property tax rates in Alaska and the U.S.
NUIQSUT, located in North Slope County, has a median property tax rate of 0.92%, which is below the national median property tax rate of 1.02%. This can be an appealing factor for homeowners considering this area. Compared to other regions within Alaska, NUIQSUT maintains a consistent tax rate, which can offer predictability for budget planning. The median property tax bill here is also likely to be lower than the national median of $2,400, offering potential savings for property owners. This makes NUIQSUT a potentially attractive option for those looking to manage their property tax expenses effectively.
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 Nuiqsut Tax Rate
0.92%
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 Slope County Tax Rate
1.80%
Median Effective Alaska Tax Rate
1.37%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Nuiqsut, North Slope County, Alaska
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
99789 | 0.55% | 0.64% | 0.92% | 1.80% | 1.80% |
Source: Ownwell
Property Tax Assessment Values Across Nuiqsut, North Slope County, Alaska
When examining property taxes in NUIQSUT, 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 North Slope 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.
In North Slope County, 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 NUIQSUT. For example, the median home price in NUIQSUT is $109,150, with tax bills ranging significantly across the county. 99789 has the highest median home price at $109,150.
Property Tax Assessment Values Across Nuiqsut, North Slope County, Alaska
Source: Ownwell
$91,700
$146,750
$201,800
Median Nuiqsut Market Value
$109,150
Median North Slope County Market Value
$130,000
Median Alaska Market Value
$289,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Nuiqsut, North Slope County, Alaska
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
99789 | $73,570 | $93,275 | $109,150 | $124,975 | $143,240 |
Source: Ownwell
Property Tax Bills Across Nuiqsut, North Slope County, Alaska
Median Nuiqsut Tax Bill
$1,036
Median North Slope County Tax Bill
$2,211
Median Alaska Tax Bill
$3,874
Median United States Tax Bill
$2,400
Property Tax Bills Across Nuiqsut, North Slope County, Alaska
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
99789 | $592 | $738 | $1,036 | $2,007 | $2,247 |
Source: Ownwell