ZIP Code 99505

In ZIP code 99505, near Anchorage, households earn a median of $100,781, while per-capita income sits at $28,940. The county-level effective property tax rate of 1.26% means a home's assessed value drives the annual bill directly. A $300,000 assessment, for example, would generate roughly $3,780 in yearly taxes. Because there is no combined sales tax here, everyday purchases don't add to that load. The gap between median household earnings and the lower per-capita figure hints at larger households pooling income, which can ease the strain of carrying both a mortgage and property taxes on a single budget.