Property tax calculator

Fairbanks North Star Borough, Alaska property tax calculator

The median homeowner here pays $3,470 a year on a median home worth $276,800 — an effective rate of about 1.25%.

Median annual property tax

$3,470

Median home value

$276,800

Effective tax rate

1.25%

Estimated annual property tax

$3,460

Total$3,460
Monthly amount held in escrow
$288
Assessed value
$276,800
Taxable value after exemptions
$276,800
Rate per $1,000 of value
$12.50

Property taxes are set locally. This estimate uses the effective rate — your actual bill varies with exemptions, special assessments and reassessment timing.

How Fairbanks North Star Borough property taxes work

The county assessor values every parcel, exemptions are subtracted, and the county, municipal and school district rates are applied to what is left. Because the rate is set locally, two homes of identical value a few miles apart can carry very different bills.

Our effective rate of 1.25% is calculated by dividing the Census Bureau's median real estate tax paid in Fairbanks North Star Borough by the median owner-occupied home value in the same survey, so it reflects what people actually pay rather than a headline millage rate.

Other counties in Alaska

Frequently asked questions

Property tax is part of your monthly payment

If your escrow has jumped, a lender can price a refinance or a shorter term against your current loan so you can see the real numbers.

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Source: U.S. Census Bureau, American Community Survey 5-year estimates (county_data).