Kenai Peninsula Borough Property Taxes
Kenai Peninsula Borough, Alaska
Effective Tax Rate
0.00%
9.7% below state avgMedian Annual Tax
$0
$165/mo escrow
Estimate Your Tax
Annual Tax
$0
Monthly
$0
Eff. Rate
0.66%
At a Glance
Median Home Value
$297,500
State avg ▲ $283,581
Tax w/ Mortgage/yr
$2,211
$184/mo escrow
Tax w/o Mortgage/yr
$1,602
$134/mo
State Tax Rate Rank
#9
of 26 counties (1 = lowest)
Data Story
About Property Taxes in Kenai Peninsula Borough, Alaska
Kenai Peninsula taxes run below the national median
At 0.663%, Kenai Peninsula Borough's effective property tax rate falls about 25% below the national median of 0.88%, placing it in the 25th percentile nationwide. This light burden ranks Kenai Peninsula among America's lower-tax counties. Residents here enjoy meaningful tax advantages compared to most U.S. homeowners.
Kenai Peninsula ranks sixth in Alaska's tax standings
Kenai Peninsula Borough's 0.663% effective rate sits slightly below Alaska's state average of 0.772%, positioning it in the lower half of Alaska's taxing jurisdictions. Six boroughs and census areas tax higher, while only Hoonah-Angoon (0.416%) and Haines (0.802%) offer relief comparable to or better than Kenai's burden. The borough strikes a favorable balance for taxpayers.
Kenai Peninsula's rate aligns with coastal Alaska peers
Kenai Peninsula's 0.663% rate sits between Ketchikan (0.683%) and Hoonah-Angoon (0.416%), typical for South-Central and Southeast Alaska. Kodiak Island (0.917%) and Juneau (0.934%) tax substantially higher, while Haines (0.802%) runs moderately above. Kenai Peninsula occupies a reasonable middle ground regionally.
The median Kenai home costs $1,974 yearly in taxes
With a median home value of $297,500 and a 0.663% effective rate, a typical homeowner pays $1,974 annually in property taxes. Mortgage considerations increase the annual bill to $2,211, while those without mortgages owe $1,602. Kenai Peninsula residents enjoy relatively modest tax obligations despite solid home values.
Kenai homeowners can challenge potentially inflated valuations
Many property owners overlook assessment errors that silently inflate their tax bills year after year. Compare your home's assessed value against comparable recent sales in your neighborhood—overvaluations are surprisingly common. If discrepancies exist, filing an appeal with the borough assessor could reduce your annual liability.
How Kenai Peninsula Borough Compares
Median Annual Property Tax
Kenai Peninsula Borough
0.66%
Effective rate
Alaska Avg
0.77%
Effective rate
National Avg
0.91%
Effective rate
Frequently Asked Questions
What is the property tax rate in Kenai Peninsula Borough, Alaska?
How much are property taxes in Kenai Peninsula Borough?
How does Kenai Peninsula Borough compare to the Alaska average?
What is the median home value in Kenai Peninsula Borough, Alaska?
Is Kenai Peninsula Borough a low property tax area in Alaska?
How does Kenai Peninsula Borough rank for property taxes in Alaska?
Counties with Similar Tax Rates
Nearby Counties
Other Counties in Alaska
Copper River Census Area
0.08%
Northwest Arctic Borough
0.12%
Kusilvak Census Area
0.27%
Skagway Municipality
0.34%
Hoonah-Angoon Census Area
0.42%
Prince of Wales-Hyder Census Area
0.47%
Sitka City and Borough
0.47%
Wrangell City and Borough
0.62%
Ketchikan Gateway Borough
0.68%
Petersburg Borough
0.69%
Aleutians West Census Area
0.71%
Southeast Fairbanks Census Area
0.71%
Bristol Bay Borough
0.72%
Yakutat City and Borough
0.76%
Haines Borough
0.80%
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.