Kodiak Island Borough, Alaska property tax
The median homeowner in Kodiak Island Borough, Alaska pays $3,509 a year in property tax on a home worth $382,700, an effective rate of 0.92%. The national effective rate is 0.98%.
What the rate means here
Kodiak Island Borough taxes property at 0.92%, within a rounding error of the national 0.98%. With the rate close to typical, the $3,509 bill is driven by what housing is worth here rather than by how hard it is taxed.
It ranks #7 of 18 Alaska counties by effective rate, against a statewide 1.14%, and #1,194 nationally. The state runs from 1.55% in Nome Census Area down to 0.12% in Northwest Arctic Borough.
The median home costs 4.57 times the median household income of $83,716, close to the national 3.86. This is a small rural county of 12,878 people. Five-year survey estimates for places this size carry wide margins of error, so treat the figures as approximate.
The rate is derived rather than quoted. How and why.
What that costs at different home values
Arithmetic at the county effective rate, before any exemption or assessment cap.
Housing and income
| Kodiak Island Borough | Alaska | United States | |
|---|---|---|---|
| Effective property tax | 0.92% | 1.14% | 0.98% |
| Median tax bill | $3,509 | $3,785 | $2,969 |
| Median home value | $382,700 | $333,300 | $303,400 |
| Median gross rent | $1,669 | $1,388 | $1,348 |
| Median household income | $83,716 | $89,336 | $78,538 |
| Home price to income | 4.57× | 3.73× | 3.86× |
| Rent as share of income | 23.92% | 18.64% | 20.6% |
| Owner-occupied | 60.7% | 66.59% | 65.02% |
Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 12,878.
Nearby counties of similar size
| County | Rate | Median bill | Home value |
|---|---|---|---|
| Ketchikan Gateway Borough | 0.68% | $2,588 | $379,000 |
| North Slope Borough | 0.95% | $2,082 | $219,600 |
| Nome Census Area | 1.55% | $3,110 | $201,000 |
| Sitka City and Borough | 0.47% | $2,086 | $442,100 |
| Kusilvak Census Area | 0.27% | $199 | $72,700 |
Kodiak Island Borough property tax: common questions
What is the property tax rate in Kodiak Island Borough, Alaska?
The effective rate is 0.92% of home value, from a median tax bill of $3,509 against a median home value of $382,700. That is 0.06 points below the national 0.98%.
How much is property tax on a $400,000 home in Kodiak Island Borough?
Roughly $3,680 a year at the county effective rate of 0.92%.
Is Kodiak Island Borough expensive compared with the rest of Alaska?
It ranks #7 of 18 Alaska counties by effective property tax rate, and #1194 of 2,826 nationally. That is 0.22 points below the Alaska average of 1.14%.
What does housing cost in Kodiak Island Borough?
The median home is worth $382,700 and median gross rent is $1,669 a month. Median household income is $83,716, which puts the home at 4.57 times annual income and rent at 23.92% of it.