Property Tax & Income in Petersburg Borough, Alaska
Petersburg Borough has an effective property tax rate of 0.60%. On the median home value of $315,100, that's roughly $1,896 per year. Median household income is $75,125.
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 | Petersburg Borough | Alaska (state context) |
|---|---|---|
| Effective property tax rate1 | 0.60% | 0.69% |
| Median home value1 | $315,100 | — |
| 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 Petersburg Borough, AK
Petersburg Borough property owners face an effective tax rate of 0.602%, which sits below Alaska's statewide median of 0.689% and well under the national median of 0.794%. Among the 28 boroughs and counties ranked statewide, this one lands at 18th, placing it somewhat below the middle of the pack. A home valued at the median of $315,100 generates an annual real-estate tax bill of about $1,896, set against a median household income of $75,125 and per-capita income of $42,950. Petersburg, the borough's principal community, anchors this small island-dotted area of Southeast Alaska. The gap between the local rate and both benchmarks signals that property taxation here takes a smaller share of value than in many other parts of the country, though the statewide ranking shows Alaska itself is not uniformly low-tax.