99705 Property Tax Rate

Property owners in ZIP code 99705 (North Pole, Alaska) pay a median of $3,503/year in property taxes on homes valued at $290,100. This translates to an effective tax rate of 1.21%, which is 43% above the Alaska state average of 0.84%.

The monthly property tax burden for a median-valued home in 99705 is approximately $292, which factors into escrow payments on mortgages. This ZIP code is located within Fairbanks North Star Borough. This is $1,148 more than the Alaska average of $2,355/year.

Compared to similar ZIP codes in Alaska, 99705 has lower property taxes. ZIP codes with similar effective rates include 99503 (1.21%) and 99623 (1.20%).

In North Pole, property taxes represent approximately 3.6% of the median household income of $96,966, providing context for the relative tax burden on homeowners in this area.

Alaska has no statewide property tax cap; Fairbanks North Star Borough conducts local assessments and may reassess to market value upon property transfer. Contact the Fairbanks North Star Borough Assessor immediately after closing to confirm your assessed value and file for any senior, homeowner, or veteran exemptions available under borough ordinance. Submit your exemption application within 30 days, request written confirmation, and note the deadline to file an appeal if you dispute the valuation.