Anchorage, AK Property Tax Rates
Compare property tax rates across 10 ZIP codes in Anchorage, Alaska.
Avg Tax Rate
1.27%
Avg Annual Tax
$4,733
Avg Home Value
$373,350
ZIP Codes
10
Property Tax Overview: Anchorage, AK
Anchorage has 10 ZIP codes with property tax data. The average effective tax rate across these ZIPs is 1.27%, which is 50% above the Alaska average of 0.84%. Annual property taxes range from $3,618 (ZIP 99504) to $5,172 (ZIP 99507).
For a home at Anchorage's median value of $373,350, property taxes add approximately $395/month to housing costs. Anchorage home values are above the Alaska median of $266,179, meaning the monthly tax impact is correspondingly higher.
Property tax rates within Anchorage vary by 0.22 percentage points across its ZIP codes. This variation typically reflects different school district boundaries, special assessment zones, and municipal service areas within the city.
ZIP Codes in Anchorage, AK
Anchorage vs Alaska Average
Effective Tax Rate
50% above state average
Annual Property Tax
Median Home Value
Frequently Asked Questions
What is the average property tax rate in Anchorage, AK?
The average effective property tax rate in Anchorage, Alaska is 1.27%, based on 10 ZIP codes.
How much is property tax in Anchorage, AK?
The average median annual property tax in Anchorage is $4,733 per year, with a median home value of $373,350.
Which ZIP code in Anchorage has the lowest property tax rate?
ZIP code 99504 has the lowest effective tax rate in Anchorage at 1.17%, with a median annual tax of $3,618.
How many ZIP codes are in Anchorage, AK?
Anchorage, Alaska has 10 ZIP codes with property tax data available.
Which ZIP code in Anchorage has the highest property tax rate?
ZIP code 99507 has the highest effective tax rate in Anchorage at 1.39%, with a median annual tax of $5,172.
How do Anchorage property taxes compare to the Alaska average?
Anchorage's average effective rate of 1.27% is 50% above the Alaska state average of 0.84%.
What factors affect property tax rates between ZIP codes in Anchorage?
Property tax rate differences within Anchorage are typically driven by school district boundaries (which can account for 40–60% of a tax bill), special assessment zones for fire, water, or transit services, and whether a ZIP falls within city limits or an unincorporated area. Each taxing jurisdiction sets its own rate, which is why adjacent ZIP codes can have noticeably different effective rates.
Tips for Anchorage Homeowners
- •Appeal your assessment: If your home is assessed higher than its market value, you can file a property tax appeal. Studies suggest 30–60% of properties are over-assessed. Most counties offer a free informal review process.
- •Check your exemptions: Homestead exemptions can reduce your taxable value and are available to primary residents in most states. Senior, veteran, and disability exemptions may also apply. Exemptions must typically be applied for — they are not automatic.
- •Know your assessment cycle: Alaska reassesses properties periodically. After buying a home, your next tax bill may reflect a new assessment based on your purchase price. Budget accordingly, especially if you bought above prior assessed values.
- •Compare ZIP codes before buying: Even within Anchorage, effective tax rates can vary significantly across ZIP codes due to different school district overlays. Use PropertyTaxByZip to compare specific ZIPs before choosing a neighborhood.
Looking for county-level property tax data? View Anchorage Municipality on TaxByCounty.com
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates (ZCTA level). ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes.
Estimates are informational only and should not be used as financial or legal advice.