99633 Property Tax Rate

Property owners in ZIP code 99633 (Naknek, Alaska) pay a median of $1,795/year in property taxes on homes valued at $279,700. This translates to an effective tax rate of 0.64%, which is 24% below the Alaska state average of 0.84%.

The monthly property tax burden for a median-valued home in 99633 is approximately $150, which factors into escrow payments on mortgages. This ZIP code is located within Bristol Bay Borough. This is $560 less than the Alaska average of $2,355/year.

Compared to similar ZIP codes in Alaska, 99633 has lower property taxes. ZIP codes with similar effective rates include 99669 (0.65%) and 99737 (0.65%).

In Naknek, property taxes represent approximately 2.0% of the median household income of $91,875, providing context for the relative tax burden on homeowners in this area.

Alaska has no statewide property tax cap; Bristol Bay Borough assesses property locally and may reassess to market value at sale. Contact the Bristol Bay Borough Assessor within 30 days of closing to verify your assessed value and file for any senior, disabled, or veteran exemptions available under borough ordinance. Request your assessment notice and confirmation of any exemption status in writing to prevent overpayment.