Property Tax & Income in Southeast Fairbanks Census Area, Alaska
Southeast Fairbanks Census Area has an effective property tax rate of 1.19%. On the median home value of $282,000, that's roughly $3,350 per year. Median household income is $73,882.
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 | Southeast Fairbanks Census Area | Alaska (state context) |
|---|---|---|
| Effective property tax rate1 | 1.19% | 0.69% |
| Median home value1 | $282,000 | — |
| 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 Southeast Fairbanks Census Area, AK
In the Southeast Fairbanks Census Area, the median home is valued at $282,000, and the annual property tax bill on that home comes to $3,350 — an effective rate of 1.188%. That rate sits well above Alaska's statewide median of 0.689%, and within the state this county ranks 5th of 28 by tax rate. The national median is 0.794%, so homeowners here pay proportionally more than in most U.S. counties. Against a median household income of $73,882, the tax bill absorbs roughly 4.5 cents of every dollar earned, a meaningful line item in a yearly budget. Fairbanks, the largest community in the area, anchors a region where per-capita income is $39,692, and the gap between what property taxes take and what households bring in shapes how far each paycheck stretches.