Cordova, Valdez-cordova County, Alaska Property Taxes
Median Cordova, AK effective property tax rate: 1.15%, significantly higher than the national median of 1.02%, but lower than the Alaska state median of 1.37%.
Median Cordova, AK home value: $295,100
Median annual Cordova, AK tax bill: $3,167, $767 higher than the national median property tax bill of $2,400.
How are property taxes in Valdez-Cordova calculated?
Property taxes in Cordova, 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 Cordova’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Cordova, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Cordova, Valdez-cordova County, Alaska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.15%
Estimate Property Tax Bill
$3,394
$3,149
Ownwell’s Cordova Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Cordova with just two data points.
By entering your property's estimated assessed value, our calculator applies Cordova’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 Valdez-Cordova.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Cordova, Valdez-cordova County, Alaska
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 Cordova Tax Rate
1.15%
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 Valdez-cordova County Tax Rate
1.15%
Median Effective Alaska Tax Rate
1.37%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Cordova, Valdez-cordova County, Alaska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99574 | 0.73% | 1.15% | 1.15% | 1.15% | 1.15% |
Source: Ownwell
Property Tax Assessment Values Across Cordova, Valdez-cordova County, Alaska
When examining property taxes in Cordova, 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 Valdez-Cordova 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 Valdez-Cordova 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 Cordova.
For example, the median home price in Cordova is $295,100, with tax bills ranging significantly across the county. 99574 has the highest median home price at $295,100.
Property Tax Assessment Values Across Cordova, Valdez-cordova County, Alaska
Source: Ownwell
$295,100
$295,100
$295,100
Median Cordova Market Value
$295,100
Median Valdez-cordova County Market Value
$157,850
Median Alaska Market Value
$289,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Cordova, Valdez-cordova County, Alaska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99574 | $176,840 | $231,700 | $295,100 | $355,000 | $415,480 |
Source: Ownwell
Property Tax Bills Across Cordova, Valdez-cordova County, Alaska
In Cordova, located in Valdez-Cordova, AK, property tax bills are calculated based on the assessed value of a home. The median home price in this region is $295,100, which significantly influences the property tax bill. Homeowners in Cordova can expect a median property tax bill of $3,167, which is notably higher than the national median of $2,400. The tax bill can range from the 25th percentile at $2,218 to the 90th percentile at $4,790, indicating a variance based on property values and assessment rates.
The property tax rate and assessed value are crucial factors in determining the annual tax bill. Higher property values typically result in higher tax bills, impacting homeowners' financial planning. Ownwell offers valuable services to homeowners in Cordova by providing expert property tax appeal and exemption services. By reviewing assessments and identifying potential discrepancies, Ownwell helps homeowners potentially reduce their tax liabilities, ensuring they pay only their fair share. This assistance can lead to significant savings, making homeownership more affordable in the long run.
Median Cordova Tax Bill
$3,167
Median Valdez-cordova County Tax Bill
$1,838
Median Alaska Tax Bill
$3,874
Median United States Tax Bill
$2,400
Property Tax Bills Across Cordova, Valdez-cordova County, Alaska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99574 | $1,619 | $2,218 | $3,167 | $4,083 | $4,790 |
Source: Ownwell