Alaska · County property tax · ACS 2024
Kenai Peninsula Borough Property Taxes
The median homeowner in Kenai Peninsula Borough pays $2,049 a year, an effective rate of 0.63%, modestly above the U.S. average.
- $2,049
- Median tax / yr · Above-median bill
- 0.63%
- Effective rate · Below-median rate
- +3%
- vs U.S. average
- #17 of 28
- rank in AK
The verdict
Homeowners in Kenai Peninsula Borough pay a median $2,049 a year in property tax, an effective rate of 0.63%, more affordable than 68% of U.S. counties (Census ACS 2024).
- $2,049
- Median annual tax bill, 2024
- 0.63%
- Effective rate on median home
- #1004 of 3135
- U.S. counties by tax burden
- +3%
- vs the national average bill
Effective rate is the median property tax bill divided by the median home value ($323,200). U.S. Census Bureau, ACS 5-Year Estimates · 2024.
Census Bureau ACS property tax data for Alaska. Population: 60,413. Owner-occupied homes: 18,771.
The median annual property tax in Kenai Peninsula Borough is $2,049, which is 47% lower than the Alaska state average and 3% above the national average. The effective tax rate is 0.63% on a median home value of $323,200. Property taxes represent 2.5% of the median household income in this county.
Kenai Peninsula Borough's rate standing among U.S. counties
Primary signal
The effective rate sits near the national middle
Kenai Peninsula Borough's 0.63% effective rate sits near the middle of 3,135 tracked counties (more affordable than 68%).
Decision signal 2
The bill sits below the Alaska median
Homeowners in Kenai Peninsula Borough pay a median annual property tax of $2,049, modestly above the national median and well below the Alaska state median. On a $323,200 median home, that works out to an effective rate of 0.63% once the local assessment base and millage are combined.
Decision signal 3
Near the middle of Alaska counties by effective rate
Kenai Peninsula Borough ranks #17 of 28 counties in Alaska by effective rate (39% of in-state counties pay a lower rate).
Decision signal 4
Income and the tax bill sit in the middle band
Property taxes in Kenai Peninsula Borough run within the commonly cited 2%-4% national benchmark, at about 2.5% of the $80,538 median household income.
Informational notice
Figures describe the median homeowner household in Kenai Peninsula Borough 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.
Most of the market's rise reached the bill
The effective rate here moved 8.9% down between 2020 and 2024, a smaller shift than in 64% of U.S. counties. With the median home value rose 31.7%, the median bill rose 20.0% to $2,049: the rate did comparatively little to offset the market.
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.
How to read this county's bill
Bills rose across 2020-2024, from $1,708 to $2,049, a gain of 20%. 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: 4,099 of 18,771 owner-occupied homes (21.8%) 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.
Top-quartile earnings meet a below-median rate, putting the median bill at 2.5% of median household income. Counties in this position span a wide range on the ratio above, because the dollar bill tracks home values rather than the rate.
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.
Paying off the mortgage changes the picture here
29.8% of Kenai Peninsula Borough homes owned free and clear (2,662 of 8,939) report no property tax at all, against 13.7% of homes still carrying a mortgage. A reported zero is not proof of an exemption: it can equally mean a bill paid by another party, or a reporting artefact. But a gap this size is where age- and disability-based relief usually shows up, because those programmes reach owners who have finished paying.
What Kenai Peninsula Borough Homeowners Actually Pay
The single largest group of Kenai Peninsula Borough homeowners, 4,099 of 18,771 owner-occupied homes (21.8%), pays $3,000 or more a year. The median is one point in this spread, not a typical bill.
- Less than $800 12.4% (2,323)
- $800 to $1,499 17.3% (3,252)
- $1,500 to $1,999 8.7% (1,636)
- $2,000 to $2,999 18.4% (3,453)
- $3,000 or more 21.8% (4,099)
Census ACS 2024, table B25102. Bands and the no-tax share sum to 100%.
4,008 homes here (21.4%) report no real estate tax at all, a sizeable minority for a county this size. Exemptions are set by state: how Alaska handles assessments and appeals.
With vs Without Mortgage
Mortgaged homeowners in Kenai Peninsula Borough pay a substantially higher bill, 44% more, pointing to a wide home-value gap between the two groups.
Kenai Peninsula Borough's effective rate vs peers
Effective property tax rate (median tax ÷ median home value), ACS 2024.
Kenai Peninsula Borough's effective rate is higher than 39% of the 28 counties in Alaska - ranking #17 of 28.
Where Kenai Peninsula Borough sits among every U.S. county
Effective property tax rate (median tax ÷ median home value)
0.63% Among the most affordable more affordable than 68% of 3,135 U.S. counties
Show national distribution
Each bar is a band; taller bars hold more U.S. counties. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2024
Below Alaska on both measures
Kenai Peninsula Borough's effective rate runs 43% under the Alaska median and its bill 47% under. Both sitting on the same side means the gap is not a valuation artefact: a county can post a low rate purely because its homes are expensive, but then the bill rises to meet the state. Here it does not, so the $2,049 median bill reflects a genuinely lighter charge than the Alaska norm rather than a different denominator. Compare it against the state page before reading anything into the county rank.
Kenai Peninsula Borough vs Benchmarks
| Metric | Kenai Peninsula Borough | Alaska Avg | U.S. Avg |
|---|---|---|---|
| Median Annual Tax Above-median bill | |||
| Effective Tax Rate Below-median rate | |||
| Median Home Value | |||
| Tax as % of income Above-median income burden | 2.5% | - | - |
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.
Kenai Peninsula Borough is QUIET · MID on ACS medians, still verify your parcel card before quoting the county figure. Estimate appeal savings · Alaska counties.
Kenai Peninsula Borough rate trail · QUIET
| Year | Median Tax (vs prior release) | Effective Rate |
|---|---|---|
| 2024 | $2,049 +3.8% | 0.63% |
| 2023 | $1,974 +6.5% | 0.66% |
| 2022 | $1,853 +5.3% | 0.66% |
| 2021 | $1,759 +3.0% | 0.71% |
| 2020 | $1,708 | 0.70% |
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.
Kenai Peninsula Borough: tax-to-income at 2.5%
Counties near Kenai Peninsula Borough's effective rate
On effective rate, Kenai Peninsula Borough sits nearest Lonoke County (AR), Monterey County (CA), Collier County (FL).
On published median-tax change, the nearest matches are Van Buren County (MI), Montgomery County (VA), Medina County (OH).
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.
Similar effective rates
Similar published median-tax changes, 2020–2024
Kenai Peninsula Borough: only 4% of returns show Schedule A real-estate tax
Tax year 2022: 1,170 of 30,030 returns from Kenai Peninsula Borough reported real estate taxes, averaging $5,008 - 39% 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
Kenai Peninsula Borough rate FAQs
- How does Kenai Peninsula Borough property tax compare to the national average?
- Property taxes in Kenai Peninsula Borough run modestly above the national median of $1,993, an effective rate of 0.63% versus 0.92% nationally.
- What is the average property tax in Kenai Peninsula Borough, Alaska?
- The median annual property tax in Kenai Peninsula Borough is $2,049, an effective rate of 0.63% on a $323,200 median home (Census ACS, 2024).
- What is the tax affordability score for Kenai Peninsula Borough?
- Kenai Peninsula Borough, Alaska scores D (45/100) 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 rate relief at B- (0.63%). 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 Kenai Peninsula Borough?
- The ACS median property-tax bill for Kenai Peninsula Borough climbed 20.0% between the 2020 and 2024 5-year releases, from $1,708 to $2,049, 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 percentage of income goes to property taxes in Kenai Peninsula Borough?
- Property taxes in Kenai Peninsula Borough run within the commonly cited 2%-4% national benchmark, at about 2.5% of the $80,538 median household income.
What to do with Kenai Peninsula Borough's QUIET rate
Inside Alaska, Kenai Peninsula Borough's $2,049 median bill runs low versus the state median - check peer counties before assuming the lowest bill is the best move. Alaska overview →
Kenai Peninsula Borough ranks #17 of 28 Alaska counties by effective rate - on the lower-burden half of the state ACS set. Alaska overview →
Nationwide peers by effective rate (then bill)
Rate-first peers for Kenai Peninsula Borough's QUIET effective rate, then a disjoint out-of-state bill set so the two neighborhoods stay distinct.
Similar effective rate
Nearest out-of-state counties by ACS effective rate. This county: 0.63%.
Similar median bill
Nearest out-of-state counties by ACS median annual tax. This county: $2,049/yr. Rate peers are excluded so the two link sets stay distinct.
Read with Kenai Peninsula Borough
Nearest ABS(median_tax) ACS peers for Kenai Peninsula Borough (QUIET · MID), replacing the old fixed Keep exploring strip.
QUIET MID
Adair County, IA
ABS(median_tax) peer · $2,050/yr (near-tied bill ABS $1); rate 1.28% vs Kenai Peninsula Borough 0.63%.
Bullitt County, KY
ABS(median_tax) peer · $2,050/yr (near-tied bill ABS $1); rate 0.83% vs Kenai Peninsula Borough 0.63%.
Clay County, IA
ABS(median_tax) peer · $2,050/yr (near-tied bill ABS $1); rate 1.15% vs Kenai Peninsula Borough 0.63%.
Ouray County, CO
ABS(median_tax) peer · $2,050/yr (near-tied bill ABS $1); rate 0.28% vs Kenai Peninsula Borough 0.63%.
Alaska county set
State ACS overview for every published Alaska county rate and median bill.
Assessment cycle basics
Kenai Peninsula Borough stamps QUIET · MID - how assessed value and millage become the ACS median bill.
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 Kenai Peninsula Borough (QUIET · MID) - ACS medians, not a parcel bill.