StateRates

Southeast Fairbanks Census Area, Alaska property tax

The median homeowner in Southeast Fairbanks Census Area, Alaska pays $1,871 a year in property tax on a home worth $262,800, an effective rate of 0.71%. The national effective rate is 0.98%.

Effective rate 0.71% #10 of 18 in Alaska
Median tax bill $1,871 per year
Median home value $262,800 owner-occupied
Median income $74,223 household

What the rate means here

At 0.71%, Southeast Fairbanks Census Area taxes property more lightly than the national 0.98%. That puts the median bill at $1,871. Rates this low usually mean the state, rather than the county, carries more of the school funding.

It ranks #10 of 18 Alaska counties by effective rate, against a statewide 1.14%, and #1,710 nationally. The state runs from 1.55% in Nome Census Area down to 0.12% in Northwest Arctic Borough.

The median home costs 3.54 times the median household income of $74,223, close to the national 3.86. This is a small rural county of 6,936 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 $1,775 per year at 0.71%
$400,000 home $2,840 per year at 0.71%
$600,000 home $4,260 per year at 0.71%

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

Housing and income

Southeast Fairbanks Census Area, Alaska against Alaska and the country
Southeast Fairbanks Census Area Alaska United States
Effective property tax 0.71% 1.14% 0.98%
Median tax bill $1,871 $3,785 $2,969
Median home value $262,800 $333,300 $303,400
Median gross rent $1,304 $1,388 $1,348
Median household income $74,223 $89,336 $78,538
Home price to income 3.54× 3.73× 3.86×
Rent as share of income 21.08% 18.64% 20.6%
Owner-occupied 75.9% 66.59% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 6,936.

Nearby counties of similar size

Other Alaska counties
County Rate Median bill Home value
Chugach Census Area 0.92% $3,033 $330,900
Northwest Arctic Borough 0.12% $199 $162,500
Prince of Wales-Hyder Census Area 0.47% $1,043 $221,800
Kusilvak Census Area 0.27% $199 $72,700
Sitka City and Borough 0.47% $2,086 $442,100

Southeast Fairbanks Census Area property tax: common questions

What is the property tax rate in Southeast Fairbanks Census Area, Alaska?

The effective rate is 0.71% of home value, from a median tax bill of $1,871 against a median home value of $262,800. That is 0.27 points below the national 0.98%.

How much is property tax on a $400,000 home in Southeast Fairbanks Census Area?

Roughly $2,840 a year at the county effective rate of 0.71%.

Is Southeast Fairbanks Census Area expensive compared with the rest of Alaska?

It ranks #10 of 18 Alaska counties by effective property tax rate, and #1710 of 2,826 nationally. That is 0.43 points below the Alaska average of 1.14%.

What does housing cost in Southeast Fairbanks Census Area?

The median home is worth $262,800 and median gross rent is $1,304 a month. Median household income is $74,223, which puts the home at 3.54 times annual income and rent at 21.08% of it.