StateRates

North Slope Borough, Alaska property tax

The median homeowner in North Slope Borough, Alaska pays $2,082 a year in property tax on a home worth $219,600, an effective rate of 0.95%. The national effective rate is 0.98%.

Effective rate 0.95% #5 of 18 in Alaska
Median tax bill $2,082 per year
Median home value $219,600 owner-occupied
Median income $86,313 household

What the rate means here

North Slope Borough taxes property at 0.95%, within a rounding error of the national 0.98%. That makes the $2,082 median bill mostly a statement about local house prices rather than about local tax policy.

It ranks #5 of 18 Alaska counties by effective rate, against a statewide 1.14%, and #1,137 nationally. The state runs from 1.55% in Nome Census Area down to 0.12% in Northwest Arctic Borough.

The median home costs 2.54 times the median household income of $86,313, against 3.86 nationally, which is a comfortable ratio by American standards. 49.52% of occupied homes are owned rather than rented, and cheap housing relative to income is usually why. This is a small rural county of 10,891 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

$250,000 home $2,375 per year at 0.95%
$400,000 home $3,800 per year at 0.95%
$600,000 home $5,700 per year at 0.95%

Arithmetic at the county effective rate, before any exemption or assessment cap.

Housing and income

North Slope Borough, Alaska against Alaska and the country
North Slope Borough Alaska United States
Effective property tax 0.95% 1.14% 0.98%
Median tax bill $2,082 $3,785 $2,969
Median home value $219,600 $333,300 $303,400
Median gross rent $1,167 $1,388 $1,348
Median household income $86,313 $89,336 $78,538
Home price to income 2.54× 3.73× 3.86×
Rent as share of income 16.22% 18.64% 20.6%
Owner-occupied 49.52% 66.59% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 10,891.

Nearby counties of similar size

Other Alaska counties
County Rate Median bill Home value
Nome Census Area 1.55% $3,110 $201,000
Kodiak Island Borough 0.92% $3,509 $382,700
Sitka City and Borough 0.47% $2,086 $442,100
Kusilvak Census Area 0.27% $199 $72,700
Ketchikan Gateway Borough 0.68% $2,588 $379,000

North Slope Borough property tax: common questions

What is the property tax rate in North Slope Borough, Alaska?

The effective rate is 0.95% of home value, from a median tax bill of $2,082 against a median home value of $219,600. That is 0.03 points below the national 0.98%.

How much is property tax on a $400,000 home in North Slope Borough?

Roughly $3,800 a year at the county effective rate of 0.95%.

Is North Slope Borough expensive compared with the rest of Alaska?

It ranks #5 of 18 Alaska counties by effective property tax rate, and #1137 of 2,826 nationally. That is 0.19 points below the Alaska average of 1.14%.

What does housing cost in North Slope Borough?

The median home is worth $219,600 and median gross rent is $1,167 a month. Median household income is $86,313, which puts the home at 2.54 times annual income and rent at 16.22% of it.