ZIP Code 99501

In ZIP code 99501, which covers part of Anchorage, homes carry a median value of $379,100 while the county's effective property tax rate sits at 1.26%. That combination translates into a meaningful annual bill, though the area's finances help absorb it: median household income reaches $70,891, and per-capita income is $52,544. Alaska levies no statewide sales tax, so the combined rate here is 0.00%, easing pressure elsewhere in the household budget. Whether the property tax feels heavy depends largely on how long a resident has owned and how their earnings compare with that $379,100 valuation.