Fairbanks North Star Borough, Alaska Property Taxes
Census Bureau ACS property tax data for Alaska. Population: 22,318.
The median annual property tax in Fairbanks North Star Borough is $3,570, which is 63% higher than the Alaska state average and 86% above the national average. The effective tax rate is 1.26% on a median home value of $282,500. Property taxes represent 4.2% of the median household income in this county.
Median Annual Tax
$3,570
+63% vs State
+86% vs US
Median Home Value
$282,500
+0% vs State
+34% vs US
Effective Tax Rate
1.26%
+64% vs State
+33% vs US
With vs Without Mortgage
With Mortgage
$3,829
$319/mo
Without Mortgage
$2,922
$244/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $3,570 +2.9% | 1.26% |
| 2022 | $3,470 +7.3% | 1.25% |
| 2021 | $3,234 +9.4% | 1.32% |
| 2020 | $2,955 +1.9% | 1.23% |
| 2019 | $2,901 | 1.21% |
Tax Burden
Tax-to-Income Ratio
4.2%
of median household income
Median Income
$84,722
per year
Monthly Tax
$298
per month
Other Counties in Alaska
Juneau City and Borough
Tax: $4,039/yr Rate: 0.93%
Wrangell City and Borough
Tax: $1,795/yr Rate: 0.62%
Valdez-Cordova Census Area
Tax: N/A/yr Rate: N/A
Dillingham Census Area
Tax: $2,875/yr Rate: 1.76%
Petersburg Borough
Tax: $2,066/yr Rate: 0.69%
North Slope Borough
Tax: $2,082/yr Rate: 0.95%
Frequently Asked Questions
What is the average property tax in Fairbanks North Star Borough, Alaska? ▼
The median annual property tax in Fairbanks North Star Borough is $3,570 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 1.26% on a median home value of $282,500.
How does Fairbanks North Star Borough property tax compare to the national average? ▼
Property taxes in Fairbanks North Star Borough are 86% above the national average of $1,923. The effective rate of 1.26% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Fairbanks North Star Borough? ▼
In Fairbanks North Star Borough, homeowners with a mortgage pay a median of $3,829 in annual property taxes, while homeowners without a mortgage pay $2,922. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Fairbanks North Star Borough? ▼
Property taxes in Fairbanks North Star Borough represent approximately 4.2% of the median household income of $84,722. The national benchmark is generally 2-4% of household income.
Explore More Data
Data 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.