99762 Property Tax Rate

Property owners in ZIP code 99762 (Nome, Alaska) pay a median of $3,076/year in property taxes on homes valued at $324,000. This translates to an effective tax rate of 0.95%, which is 13% above the Alaska state average of 0.84%.

The monthly property tax burden for a median-valued home in 99762 is approximately $256, which factors into escrow payments on mortgages. This ZIP code is located within Nome Census Area. This is $721 more than the Alaska average of $2,355/year.

Compared to similar ZIP codes in Alaska, 99762 has higher property taxes. ZIP codes with similar effective rates include 99694 (0.94%) and 99801 (0.94%).

In Nome, property taxes represent approximately 2.8% of the median household income of $109,896, providing context for the relative tax burden on homeowners in this area.

Alaska has no statewide property tax cap; Nome Census Area assesses property locally and may reassess to market value at the time of sale. Contact the Nome Census Area Assessor immediately after closing to register your property and apply for any available senior, homeowner, or veteran exemptions under local ordinance. Submit your exemption application within 30 days, request written confirmation of your final taxable value, and note the deadline to file an appeal—typically 30 days.