Property Tax & Income in Skagway Municipality, Alaska
Skagway Municipality has an effective property tax rate of 0.38%. On the median home value of $435,400, that's roughly $1,634 per year. Median household income is $81,136.
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 | Skagway Municipality | Alaska (state context) |
|---|---|---|
| Effective property tax rate1 | 0.38% | 0.69% |
| Median home value1 | $435,400 | — |
| 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 Skagway Municipality, AK
In Skagway Municipality, Alaska, homes carry a median value of $435,400, and the median annual property tax bill comes to $1,634. That works out to an effective rate of 0.375%. With median household income at $81,136, property taxes absorb roughly 2% of a household's yearly earnings. Per-capita income stands at $60,329. Statewide, the median effective rate is 0.689%, so Skagway property owners pay less than half that share, and the county ranks 23rd of 28 Alaska counties by rate. Nationally, the median sits at 0.794%. Skagway, the principal town, anchors this municipality. The gap between what households earn and what they owe in property tax is wider here than in most of Alaska, meaning a comparatively smaller slice of local income goes toward real-estate levies each year.