North Slope Borough Property Tax Rate 2024 [Go To Different County]
North Slope Borough, Alaska Property Tax
[Go To Different County]
$1,888.00
The median property tax in North Slope Borough, Alaska is $1,888 per year for a home worth the median value of $135,800. North Slope Borough collects, on average, 1.39% of a property's assessed fair market value as property tax.
The average yearly property tax paid by North Slope Borough residents amounts to about 2.34% of their yearly income. North Slope Borough is ranked -1th of the 3143 counties for property taxes as a percentage of median income.
You can use the Alaska property tax map to the left to compare North Slope Borough's property tax to other counties in Alaska. Anchorage Municipality collects the highest property tax in Alaska, levying an average of $3,563.00 (1.32% of median home value) yearly in property taxes, while Hoonah-Angoon Census Area has the lowest property tax in the state, collecting an average tax of $678.00 (0.37% of median home value) per year.
To compare North Slope Borough with property tax rates in other states, see our map of property taxes by state.
North Slope Borough Property Tax Rate
- North Slope Borough Property Tax
- About the North Slope Borough Property Tax
- More Information (opens in new tab)
Because North Slope Borough uses a complicated formula to determine the property tax owed on any individual property, it's not possible to condense it to a simple tax rate, like you could with an income or sales tax.
Instead, we provide property tax information based on the statistical median of all taxable properties in North Slope Borough. The median property tax amount is based on the median North Slope Borough property value of $135,800. You can use these numbers as a reliable benchmark for comparing North Slope Borough's property taxes with property taxes in other areas.
Our data allows you to compare North Slope Borough's property taxes by median property tax in dollars, median property tax as a percentage of home value, and median property tax as a percentage of the North Slope Borough median household income.
Median Property Tax | As Percentage Of Income | As Percentage Of Property Value |
$1,888 ± $810 (-1th of 3143) | 2.34 ± 1.06% (-1th of 3143) | 1.39 ± 0.66% (-1th of 3143) |
Note: This page provides general information about property taxes in North Slope Borough. If you need specific tax information or property records about a property in North Slope Borough, contact the North Slope Borough Tax Assessor's Office.
North Slope Borough Property Tax Calculator
While the exact property tax rate you will pay is set by the tax assessor on a property-by-property basis, you can use our North Slope Borough property tax estimator tool to estimate your yearly property tax. Our property tax estimates are based on the median property tax levied on similar houses in the North Slope Borough area.
Property taxes are managed on a county level by the local tax assessor's office. If you need to find out the exact amount of your property tax bill or find other specific information, you can contact the North Slope Borough Tax Assessor .
Disclaimer: Please note that we can only estimate your North Slope Borough property tax based on average property taxes in your area. Every locality uses a unique property tax assessment method. Your actual property tax burden will depend on the details and features of each individual property.
North Slope Borough Property Tax Appeal
North Slope Borough calculates the property tax due based on the fair market value of the home or property in question, as determined by the North Slope Borough Property Tax Assessor. Each property is individually t each year, and any improvements or additions made to your property may increase its appraised value.
As a property owner, you have the right to appeal the property tax amount you are charged and request a reassessment if you believe that the value determined by the North Slope Borough Tax Assessor's office is incorrect. To appeal the North Slope Borough property tax, you must contact the North Slope Borough Tax Assessor's Office.
Statistics show that about 25% of homes in America are unfairly overassessed, and pay an average of $1,346 too much in property taxes every year.
We can check your property's current assessment against similar properties in North Slope Borough and tell you if you've been overassessed. If you have been overassessed, we can help you submit a tax appeal.
Is your North Slope Borough property overassessed?
You will be provided with a property tax appeal form, on which you will provide the tax assessor's current appraisal of your property as well as your proposed appraisal and a description of why you believe your appraisal is more accurate.
Previous appraisals, expert opinions, and appraisals for similar properties may be attached to the appeal as supporting documentation. If your appeal is successful, your property will be reassessed at a lower valuation and your North Slope Borough property taxes will be lowered accordingly.
If your appeal is denied, you still have the option to re-appeal the decision. If no further administrative appeals can be made, you can appeal your North Slope Borough tax assessment in court.
North Slope Borough Property Tax Assessor
The North Slope Borough Tax Assessor is responsible for assessing the fair market value of properties within North Slope Borough and determining the property tax rate that will apply. The Tax Assessor's office can also provide property tax history or property tax records for a property. These property tax records are excellent sources of information when buying a new property or appealing a recent appraisal.
Most county assessors' offices are located in or near the county courthouse or the local county administration building. You can look up the North Slope Borough Assessor's contact information here (opens in external website).
What is the North Slope Borough Property Tax?
Proceeds from the North Slope Borough Personal Property Tax are used locally to fund school districts, public transport, infrastructure, and other municipal government projects. Property tax income is almost always used for local projects and services, and does not go to the federal or state budget.
Unlike other taxes which are restricted to an individual, the North Slope Borough Property Tax is levied directly on the property. Unpaid property tax can lead to a property tax lien, which remains attached to the property's title and is the responsibility of the current owner of the property. Tax liens are not affected by transferring or selling the property, or even filing for bankruptcy. Property tax delinquency can result in additional fees and interest, which are also attached to the property title.
In cases of extreme property tax delinquency, the North Slope Borough Tax Board may seize the delinquent property and offer it for sale at a public tax foreclosure auction, often at a price well under market value. Proceeds of the sale first go to pay the property's tax lien, and additional proceeds may be remitted to the original owner.
North Slope Borough Homestead Exemption
For properties considered the primary residence of the taxpayer, a homestead exemption may exist. The North Slope Borough Homestead Exemption can reduce the appraised valuation of a primary residence before calculating the property tax owed, resulting in a lower annual property tax rate for owner-occupied homes.
Getting a Homestead Exemption may also help protect your home from being repossessed in the case of a property tax lien due to unpaid North Slope Borough property taxes or other types of other debt.
In most counties, you must specifically submit a homestead exemption application to your county tax assessor in order to enjoy the tax reduction and other benefits available. To get a copy of the North Slope Borough Homestead Exemption Application, call the North Slope Borough Assessor's Office and ask for details on the homestead exemption program. You can also ask about other exemptions that may exist for veterans, seniors, low-income families, or property used for certain purposes such as farmland or open space.
North Slope Borough Property Tax Deduction
You can usually deduct 100% of your North Slope Borough property taxes from your taxable income on your Federal Income Tax Return as an itemized deduction. Alaska may also let you deduct some or all of your North Slope Borough property taxes on your Alaska income tax return.
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