How do I pay my property taxes in Anchorage Alaska?

Payments may be mailed to the Municipal Tax Office at P.O. Box 196040 Anchorage, AK 99519-6040, made in-person at City Hall, 632 W. 6th Ave., Suite 330, or made via the internet. Checks should be made payable to MOA.

Where in Alaska is there no property tax?

Alaska is the only state in the United States where a large part of the land mass of the state is not subject to a property tax. Although property tax is the primary method of raising revenues for the majority of the larger municipalities in the state, smaller municipalities favor a sales tax.

How are property taxes assessed in Alaska?

The assessed value is based on the appraised value of the property. In Alaska, state law requires that property be assessed at market value (AS 29.45. 110.) Therefore, the “appraised value” and the “assessed value” should equal the same amount.

Who owns property Alaska?

Land Ownership – Land Ownership in Alaska Alaska is the largest state in the Union, but the majority land owner is the Federal Government.

Do seniors pay property taxes in Alaska?

Alaska exempts from property taxes the first $150,000 of assessed value for all senior citizens (65 years of age and over) and disabled veterans (50% or more service connected disability).

What are property taxes in Anchorage Alaska?

Anchorage Property Taxes It also has one of the highest property taxes in the state. Without claiming any exemptions, homeowners in Anchorage would pay a property tax rate of 1.32%, which is well above the national average.

How does land ownership work in Alaska?

Who owns Alaska and why does it matter? Unlike most states, where the majority of land is privately owned, less than one percent of Alaska is held in conventional private ownership. Of the 365.5 million acres that make up Alaska, federal agencies currently claim 222 million acres – 61 percent of the state.

What is the property tax rate in Anchorage Alaska?

At what age do you stop paying property taxes in Alaska?

65 years of age
Alaska exempts from property taxes the first $150,000 of assessed value for all senior citizens (65 years of age and over) and disabled veterans (50% or more service connected disability).

Does Alaska tax Social Security?

Social Security Benefits: Like most states, Alaska does not tax Social Security benefits. Income Tax Range: Not applicable (no income tax). Inheritance and Estate Taxes: Alaska doesn’t have an inheritance tax or an estate tax. For more information, see the Alaska State Tax Guide for Retirees.