Property Tax & Income in North Slope Borough, Alaska
North Slope Borough has an effective property tax rate of 1.06%. On the median home value of $218,300, that's roughly $2,305 per year. Median household income is $95,694.
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 | North Slope Borough | Alaska (state context) |
|---|---|---|
| Effective property tax rate1 | 1.06% | 0.69% |
| Median home value1 | $218,300 | — |
| 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 North Slope Borough, AK
In North Slope Borough, Alaska, homes carry a median value of $218,300, and the annual property tax bill on such a home comes to about $2,305. That works out to an effective rate of 1.056%, which sits above Alaska's statewide median of 0.689% and also tops the national median of 0.794%. Among the state's 28 counties, this one ranks 8th for property tax rate. Buyers weighing affordability here should note that household incomes run high, with a median of $95,694 and per-capita income of $57,430, which can offset the steeper tax rate. Anchorage ranks as the largest community in the county. Compared with many markets, the median home price itself stays fairly contained, so the overall cost of owning may still feel within reach for those earning at local income levels.