Property Tax & Income in Kodiak Island Borough, Alaska
Kodiak Island Borough has an effective property tax rate of 0.87%. On the median home value of $412,300, that's roughly $3,569 per year. Median household income is $86,250.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Kodiak Island Borough | Alaska (state context) |
|---|---|---|
| Effective property tax rate1 | 0.87% | 0.69% |
| Median home value1 | $412,300 | — |
| State income tax3 | No state income tax | No state income tax |
| State sales tax3 | 1.82% combined | 1.82% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Kodiak Island Borough, AK
Kodiak Island Borough's median annual real-estate tax bill of $3,569 works out to roughly 4.1% of the median household income of $86,250, a share that reflects how local earnings stack up against property values of $412,300. The borough's effective rate of 0.866% sits above Alaska's statewide median of 0.689% and edges past the national figure of 0.794%, ranking 11th among the state's 28 counties. Per-capita income of $45,656 provides a second lens on affordability across communities like Kodiak, Port Lions, and Karluk. Households here devote a meaningful slice of earnings to property taxes, though the gap between the county's rate and national norms remains narrower than the difference from Alaska's own average.