Anchorage Municipality Property Taxes

Anchorage Municipality, Alaska

Effective Tax Rate

0.00%

122.5% above state avg

Median Annual Tax

$0

$405/mo escrow

#24 of 26 counties in Alaska

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

1.29%

vs. Alaska Avg122.5% above
vs. National Avg80.9% above

At a Glance

Median Home Value

$375,900

State avg $283,581

Tax w/ Mortgage/yr

$4,964

$414/mo escrow

Tax w/o Mortgage/yr

$4,452

$371/mo

State Tax Rate Rank

#24

of 26 counties (1 = lowest)

Data Story

About Property Taxes in Anchorage Municipality, Alaska

Anchorage taxes hit state's highest rate

Anchorage Municipality's 1.294% effective tax rate is 68% above Alaska's state average of 0.772%, placing it among the nation's highest-taxing jurisdictions for its property values. With a median annual tax of $4,865, Anchorage residents pay 81% more than the national median of $2,690.

Alaska's most expensive tax burden

Anchorage's 1.294% effective rate far exceeds any other Alaska jurisdiction—making it the highest-taxing borough or census area in the state. This rate applies to a median home value of $375,900, generating Alaska's highest median annual property tax bill.

Double Chugach's rate, triple Copper River's

Anchorage's 1.294% rate nearly doubles Chugach Census Area's 0.917% and towers over Bristol Bay Borough's 0.717%. Only Anchorage carries this high burden among Alaska's populated regions.

Anchorage homeowners pay nearly $5,000

The median Anchorage home valued at $375,900 generates approximately $4,865 in annual property taxes—$4,964 with mortgage and $4,452 without. This is the highest tax bill in Alaska and exceeds the national median by $2,175 annually.

Appeal aggressive assessments in Anchorage

At Anchorage's high 1.294% rate, even modest assessment errors compound into significant overpayments. Many homeowners successfully challenge inflated valuations; an appeal is worth pursuing if your home is assessed above recent market sales.

How Anchorage Municipality Compares

Median Annual Property Tax

Anchorage Municipality$4,865
Alaska State Average$2,187
National Average$1,924

Anchorage Municipality

1.29%

Effective rate

Alaska Avg

0.77%

Effective rate

National Avg

0.91%

Effective rate

Frequently Asked Questions

What is the property tax rate in Anchorage Municipality, Alaska?
The effective property tax rate in Anchorage Municipality, Alaska is 1.29%. This rate is calculated by dividing the median property tax payment by the median home value in the county.
How much are property taxes in Anchorage Municipality?
The median annual property tax payment in Anchorage Municipality is $4,865. Homeowners with a mortgage pay a median of $4,964, while those without a mortgage pay $4,452.
How does Anchorage Municipality compare to the Alaska average?
Anchorage Municipality's effective tax rate of 1.29% is higher than the Alaska state average of 0.77%. The median annual property tax in Anchorage Municipality is $4,865, compared to the state average of $2,187.
What is the median home value in Anchorage Municipality, Alaska?
The median home value in Anchorage Municipality, Alaska is $375,900, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Why is Anchorage Municipality property tax rate higher than the Alaska average?
Anchorage Municipality's effective property tax rate of 1.29% is higher than the Alaska average of 0.77%. This difference of 0.52% can be attributed to local funding needs for schools, infrastructure, and municipal services. Higher rates often correlate with more urbanized areas or counties with greater public service demands.
How does Anchorage Municipality rank for property taxes in Alaska?
Anchorage Municipality ranks #24 out of 26 counties in Alaska by effective property tax rate (1 = lowest). With a rate of 1.29% and median annual tax of $4,865, it falls in the upper third of counties statewide.

Counties with Similar Tax Rates

Nearby Counties

Other Counties in Alaska

Data updated: March 2026

Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates. Effective tax rate is calculated as median property tax divided by median home value.