99766 Property Tax Rate

Property owners in ZIP code 99766 (Point Hope, Alaska) pay a median of $4,000/year in property taxes on homes valued at $184,700. This translates to an effective tax rate of 2.17%, which is 157% above the Alaska state average of 0.84%.

The monthly property tax burden for a median-valued home in 99766 is approximately $333, which factors into escrow payments on mortgages. This ZIP code is located within North Slope Borough. This is $1,645 more than the Alaska average of $2,355/year.

Compared to similar ZIP codes in Alaska, 99766 has higher property taxes. ZIP codes with similar effective rates include 99725 (1.69%) and 99507 (1.39%).

In Point Hope, property taxes represent approximately 4.9% of the median household income of $81,944, providing context for the relative tax burden on homeowners in this area.

Alaska has no statewide property tax cap; North Slope Borough assesses property locally and may reassess to market value at sale. Contact the North Slope Borough Assessor within 30 days of purchase to register your ownership and apply for any available senior, disabled, or veteran exemptions under borough code. Request your assessment notice and written confirmation of your final taxable value and any exemptions to prevent overpayment of taxes.