Anchorage Municipality, AK Property Taxes (2026)

Anchorage Municipality owners pay a median of $4,865 a year on a median home value of $375,900, an effective rate of 1.29%. That's the 3rd-highest rate of 26 Alaska counties with Census data, above the Alaska county median of 0.72%.

Updated October 2026 · Data: U.S. Census Bureau, American Community Survey 5-Year Estimates (2019–2023)

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Effective tax rate

1.29%

3rd highest of 26 in AK

Median annual bill

$4,865

~$405/month

Median home value

$375,900

Alaska county median

0.72%

Effective rate

What a protest could save you in Anchorage Municipality

Enter the market value from your appraisal notice. We apply Anchorage Municipality's 1.29% effective rate and a 10–15% reduction, the typical range for successful protests.

$
Est. annual tax
$4,849
Savings at 10–15% off
$485–$727
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Anchorage Municipality vs. Alaska vs. U.S. property tax rates

Anchorage Municipality1.29%
Alaska county median0.72%
U.S. county median0.84%

Key stat: Anchorage Municipality's effective property tax rate is 1.29%, vs. 0.72% for the median Alaska county and 0.84% for the median U.S. county. It ranks 3rd of 26 in Alaska. Effective rate = median tax bill ÷ median home value, so it already reflects typical exemptions. (Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2019–2023))

How to appeal your property taxes in Anchorage Municipality

  1. 1

    Review your assessment notice

    Check the assessed value from the Anchorage Municipality Borough Assessor. Compare it to recent sales of similar homes nearby.

  2. 2

    File your appeal before the deadline

    The Anchorage Municipality deadline is 30 days after notice. Missing it means waiting until the next assessment year.

  3. 3

    Gather evidence

    Recent comparable sales, photos of condition issues, repair estimates or an independent appraisal.

  4. 4

    Present your case

    Submit evidence or attend a hearing with the Borough Assessor.

  5. 5

    Get your decision

    If you win, your assessed value and bill go down. On a $4,865 bill, 10–15% off is $487–$730 a year.

Want help with it?

TaxDrop builds your case from comparable sales data.

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Property tax exemptions in Alaska

Alaska homeowners may qualify for exemptions that reduce taxable value. Check with the Anchorage Municipality Borough Assessor for amounts.

Homestead exemption

For your primary residence. Reduces the value used to calculate your bill.

Senior / over-65

Many states add an exemption or freeze for owners 65 and older.

Disability

For homeowners with qualifying disabilities, often similar to the over-65 benefit.

Veterans

Disabled veterans may get partial or full exemptions depending on rating.

Frequently Asked Questions

What is the property tax rate in Anchorage Municipality, Alaska?
The median effective property tax rate in Anchorage Municipality is 1.29%: a median annual bill of $4,865 on a median home value of $375,900. That's the 3rd-highest rate of 26 Alaska counties with Census data. Your own rate depends on which city, school district and special districts you're in. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2019–2023).
How much are property taxes in Anchorage Municipality?
The median Anchorage Municipality property tax bill is $4,865 a year, about $405 a month, compared with a Alaska county median of $2,074.
What is the deadline to appeal property taxes in Anchorage Municipality?
The deadline to appeal in Anchorage Municipality is 30 days after notice. Missing it means waiting until the next assessment cycle.
Is Anchorage Municipality a high property tax area?
Anchorage Municipality's 1.29% effective rate is above the Alaska county median of 0.72% and above the U.S. county median of 0.84%. That's the 3rd-highest rate of 26 Alaska counties with Census data.
Can TaxDrop help lower my Anchorage Municipality property taxes?
TaxDrop analyzes your property against local comparable sales and helps you appeal your assessment.

Property taxes in nearby counties

Matanuska-Susitna Borough

Rate: 1.10%

Median bill: $3,512

Chugach Census Area

Rate: 0.92%

Median bill: $3,033

Kenai Peninsula Borough

Rate: 0.66%

Median bill: $1,974

Copper River Census Area

Rate: 0.08%

Median bill: $199

Fairbanks North Star Borough

Rate: 1.26%

Median bill: $3,570

Southeast Fairbanks Census Area

Rate: 0.71%

Median bill: $1,871

Kodiak Island Borough

Rate: 0.92%

Median bill: $3,509

Yukon-Koyukuk Census Area

Rate: 0.86%

Median bill: $757

← All 26 Alaska counties

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