Fairbanks, AK — income, home value, property tax, and sales tax.
In ZIP code 99665, near Fairbanks, per-capita income stands at $35,438, while the county-level effective property tax rate is 1.13%. That rate applies to whatever a home is worth, so the actual tax bill scales directly with property values rather than income. A household earning around $35,000 would owe roughly $1,130 annually for every $100,000 of assessed home value, a figure that climbs quickly as prices rise. No combined sales tax applies here, at 0.00%, which eases the overall cost of living somewhat. Housing affordability in this Fairbanks-area ZIP therefore hinges on how local home prices track against earnings.