Alaska Property Tax Calculator

Estimate your annual property taxes in Alaska. Calculate assessed value and apply Alaska average millage rates.

Why calculating finance in Alaska is different

Alaska is one of the few U.S. states with no state income tax and no statewide sales tax, funded largely by oil revenues.

State Income Tax
None
Base Sales Tax
None
State Min Wage
$11.73 / hr
Abbreviation
AK

Alaska Finance Interactive Tool

This calculator uses the latest 2026 data for Alaska, including the minimum wage of $11.73 and the specific lack of a state income tax.

Frequently Asked Questions about Alaska Finance

How are property taxes assessed in Alaska?

Property taxes in Alaska are generally assessed at the local county or municipal level based on the fair market value of the property, multiplied by the local millage or tax rate.

Are there property tax exemptions in Alaska?

Yes, Alaska often provides homestead exemptions for primary residences, as well as specific exemptions for seniors, veterans, and individuals with disabilities, which can significantly lower your tax bill.