Property Tax in Anchorage Municipality
via TaxByCounty
Anchorage taxes hit state's highest rate
Anchorage Municipality's 1.294% effective tax rate is 68% above Alaska's state average of 0.772%, placing it among the nation's highest-taxing jurisdictions for its property values. With a median annual tax of $4,865, Anchorage residents pay 81% more than the national median of $2,690.
Alaska's most expensive tax burden
Anchorage's 1.294% effective rate far exceeds any other Alaska jurisdiction—making it the highest-taxing borough or census area in the state. This rate applies to a median home value of $375,900, generating Alaska's highest median annual property tax bill.
Double Chugach's rate, triple Copper River's
Anchorage's 1.294% rate nearly doubles Chugach Census Area's 0.917% and towers over Bristol Bay Borough's 0.717%. Only Anchorage carries this high burden among Alaska's populated regions.
Anchorage homeowners pay nearly $5,000
The median Anchorage home valued at $375,900 generates approximately $4,865 in annual property taxes—$4,964 with mortgage and $4,452 without. This is the highest tax bill in Alaska and exceeds the national median by $2,175 annually.
Appeal aggressive assessments in Anchorage
At Anchorage's high 1.294% rate, even modest assessment errors compound into significant overpayments. Many homeowners successfully challenge inflated valuations; an appeal is worth pursuing if your home is assessed above recent market sales.