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Alaska · County property tax · ACS 2024

Anchorage Municipality Property Taxes

The median homeowner in Anchorage Municipality pays $4,982 a year, an effective rate of 1.26%, far above the U.S. average.

$4,982
Median tax / yr · Highest-decile bill
1.26%
Effective rate · High rate
+150%
vs U.S. average
#3 of 28
rank in AK

The verdict

Homeowners in Anchorage Municipality pay a median $4,982 a year in property tax, an effective rate of 1.26%, more affordable than 21% of U.S. counties (Census ACS 2024).

$4,982
Median annual tax bill, 2024
1.26%
Effective rate on median home
#2487 of 3135
U.S. counties by tax burden
+150%
vs the national average bill

Effective rate is the median property tax bill divided by the median home value ($395,900). U.S. Census Bureau, ACS 5-Year Estimates · 2024.

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Census Bureau ACS property tax data for Alaska. Population: 288,976. Owner-occupied homes: 69,393.

The median annual property tax in Anchorage Municipality is $4,982, which is 28% higher than the Alaska state average and 150% above the national average. The effective tax rate is 1.26% on a median home value of $395,900. Property taxes represent 4.8% of the median household income in this county.

Why Anchorage Municipality's ACS bill runs high vs the U.S.

Primary signal

The bill sits well above the national median

Homeowners in Anchorage Municipality pay a median annual property tax of $4,982, far above the national median and well above the Alaska state median. On a $395,900 median home, that works out to an effective rate of 1.26% once the local assessment base and millage are combined.

Decision signal 2

Low among Alaska counties by effective rate

Anchorage Municipality ranks #3 of 28 counties in Alaska by effective rate (89% of in-state counties pay a lower rate).

Decision signal 3

Income and the tax bill sit in the middle band

Property taxes in Anchorage Municipality run a bit above the commonly cited 2%-4% national benchmark, at about 4.8% of the $103,284 median household income.

Decision signal 4

The effective rate sits near the national middle

Anchorage Municipality's 1.26% effective rate sits near the middle of 3,135 tracked counties (more affordable than 21%).

Informational notice

Figures describe the median homeowner household in Anchorage Municipality as reported to the Census Bureau; your parcel can differ. Not tax, legal, or financial advice: check the county assessor or a qualified professional before decisions that depend on these numbers.

The rate held while the market moved

Anchorage Municipality sits in the quarter of U.S. counties whose effective rate moved least over this span: 5.6% down, against a median home value that rose 23.7%.

A near-steady rate on a moving market passes that movement straight through: the median bill rose 16.8%, from $4,266 to $4,982.

Effective rate is the published median bill divided by the published median home value, so the two multiply back to the bill exactly; the rate's movement here is derived from those two figures rather than read from the rounded published rate. Both are ACS 5-year survey estimates for the median owner-occupied household, compared across non-overlapping releases. They describe what the Census published, not a local policy, assessment, or exemption change.

Median Annual Tax
$4,982
Highest-decile bill
+28% vs State +150% vs US
Median Home Value
$395,900
+12% vs State +74% vs US
Effective Tax Rate
1.26%
High rate
+14% vs State +37% vs US

How to read this county's bill

Bills rose across 2020-2024, from $4,266 to $4,982, a gain of 17%. This is a comparison of published ACS medians, not an explanation of a particular property's assessment or tax bill.

The heaviest band is also the fullest one here: 49,801 of 69,393 owner-occupied homes (71.8%) report annual real-estate taxes above $3,000. That band has no upper edge in the source, so the county median understates the burden carried by the plurality rather than describing it.

Both figures are in the national top quarter, and the median bill still equals only 4.8% of median household income. A high rate on high earnings produces a large dollar figure, and only the dollar figure tends to get quoted; the ratio above is the other half.

The share above is the median annual bill divided by median household income, a ratio of two county-level medians rather than a household-by-household figure.

What Anchorage Municipality Homeowners Actually Pay

The single largest group of Anchorage Municipality homeowners, 49,801 of 69,393 owner-occupied homes (71.8%), pays $3,000 or more a year. The median is one point in this spread, not a typical bill.

  • Less than $800 4.0% (2,805)
  • $800 to $1,499 4.4% (3,022)
  • $1,500 to $1,999 3.6% (2,507)
  • $2,000 to $2,999 9.8% (6,776)
  • $3,000 or more 71.8% (49,801)

Census ACS 2024, table B25102. Bands and the no-tax share sum to 100%.

4,482 homes here (6.5%) report no real estate tax at all. Exemptions are set by state: how Alaska handles assessments and appeals.

With vs Without Mortgage

With Mortgage
$5,082
$424/mo
Without Mortgage
$4,726
$394/mo

Mortgaged and non-mortgaged homeowners in Anchorage Municipality pay about the same bill, a 8% gap.

Anchorage Municipality's bill vs state & U.S. medians

Median annual bill bars around Anchorage Municipality's HEAVY ACS 2024 figure.

Anchorage Municipality $4,982
Alaska median $3,901
U.S. median $1,993

Anchorage Municipality's median bill is 28% above the Alaska median and 150% above the U.S. median.

Anchorage Municipality vs Benchmarks

Metric Anchorage Municipality Alaska Avg U.S. Avg
Median Annual Tax Highest-decile bill $4,982 $3,901 $1,993
Effective Tax Rate High rate 1.26% 1.11% 0.92%
Median Home Value $395,900 $352,900 $227,791
Tax as % of income Highest-decile income burden 4.8% - -

Source: U.S. Census Bureau, ACS 5-Year Estimates. Tax-burden differences across rows reflect millage decisions, assessment-ratio practices, and the residential-vs-commercial mix of each tax base.

Is Anchorage Municipality's $4,982 median bill appeal-worthy?

At Anchorage Municipality's $4,982 ACS median (HEAVY), a 10% assessment cut is worth about $498/yr before exemptions. Appeal Savings Estimator · appeal guide for Alaska.

Anchorage Municipality bill trail · HEAVY

$4,200$4,400$4,600$4,800$5,000$5,200 20202021202220232024 $4,982
Anchorage Municipality ACS median tax 2020–2024: +17% ($4,266 → $4,982).
Year Median Tax (vs prior release) Effective Rate
2024 $4,982 +2.4% 1.26%
2023 $4,865 +2.2% 1.29%
2022 $4,760 +8.0% 1.31%
2021 $4,407 +3.3% 1.35%
2020 $4,266 1.33%

Each row is a separate ACS 5-year release, and consecutive releases share four of their five survey years. The percentage beside each bill is therefore movement in the published estimate against the previous release, not a single year's tax change. The two releases largely describe the same households. For change over time, compare releases that do not overlap.

Anchorage Municipality: tax takes 4.8% of income

Tax-to-Income Ratio
4.8%
of median household income
Median Income
$103,284
per year
Monthly Tax
$415
per month

Counties near Anchorage Municipality's median bill

On effective rate, Anchorage Municipality sits nearest Adams County (IA), Hamilton County (IA), Keokuk County (IA).

On published median-tax change, the nearest matches are Columbia County (FL), Wayne County (MI), Lee County (SC).

How peers are chosen

These are the nearest cross-state matches in the published Census data, not neighboring counties or recommendations. Peers are rebuilt with each data release; see the calculation method.

Anchorage Municipality: only 7% of returns show Schedule A real-estate tax

Tax year 2022: 9,740 of 143,420 returns from Anchorage Municipality reported real estate taxes, averaging $8,419 - 38% of those reporters sat in the $200k+ AGI band.

What this IRS county file does not say

Amounts are reported before the SALT cap, not deducted; the share is of filers, not homeowners. Source: IRS SOI county data, tax year 2022.

Other Counties in Alaska

View all counties in Alaska →

Anchorage Municipality bill FAQs

How does Anchorage Municipality property tax compare to the national average?
Property taxes in Anchorage Municipality run far above the national median of $1,993, an effective rate of 1.26% versus 0.92% nationally.
What is the average property tax in Anchorage Municipality, Alaska?
The median annual property tax in Anchorage Municipality is $4,982, an effective rate of 1.26% on a $395,900 median home (Census ACS, 2024).
What percentage of income goes to property taxes in Anchorage Municipality?
Property taxes in Anchorage Municipality run a bit above the commonly cited 2%-4% national benchmark, at about 4.8% of the $103,284 median household income.
What is the tax affordability score for Anchorage Municipality?
Anchorage Municipality, Alaska scores F (17/100) on PlainPropertyTax's tax affordability composite across 5 Census ACS dimensions (effective rate, bill size, income share, mortgage gap, and home-value/income). Its strongest scored dimension here is mortgage premium at D (+$356). The score compares published county medians to U.S. percentiles, it is not a personal bill and not advice to buy, sell, appeal, or relocate.
Are property taxes increasing in Anchorage Municipality?
The ACS median property-tax bill for Anchorage Municipality climbed 16.8% between the 2020 and 2024 5-year releases, from $4,266 to $4,982, a 4-year span. These are survey estimates covering five years each, so this compares the two releases furthest apart rather than consecutive ones, which overlap and would mostly measure the same households twice.

What to do with Anchorage Municipality's HEAVY bill

Anchorage Municipality's $4,982 median bill sits well above the U.S. median - size a personal estimate before treating the county headline as your budget. Estimate your bill →

Anchorage Municipality ranks #3 of 28 Alaska counties by effective rate - on the higher-burden half of the state ACS set. Alaska overview →

Nationwide peers by median bill (then rate)

Bill-first peers for Anchorage Municipality's HEAVY median, then a disjoint out-of-state rate set, not the same-state geography lattice.

Similar effective rate

Nearest out-of-state counties by ACS effective rate. This county: 1.26%.

Similar median bill

Nearest out-of-state counties by ACS median annual tax. This county: $4,982/yr. Rate peers are excluded so the two link sets stay distinct.

Read with Anchorage Municipality

Nearest ABS(median_tax) ACS peers for Anchorage Municipality (PAR · HEAVY), replacing the old fixed Keep exploring strip.

PAR HEAVY

Data vintage and method

Data as of 2024. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates.

Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.

Source: U.S. Census Bureau American Community Survey 5-Year Estimates, county median real-estate taxes · 2024 Anchorage Municipality (PAR · HEAVY) - ACS medians, not a parcel bill.