Fairbanks North Star Borough, AK property tax

Census ACS 2023 5-year estimates · updated 2026-09-20

The median effective property tax rate in Fairbanks North Star Borough is 1.26%, above the Alaska median of 1.14% and above the national median of 0.98%. The median homeowner pays $3,570 a year on a home worth $282,500.

Effective rate
1.26%
Median annual bill
$3,570
Median home value
$282,500
Rank in Alaska
4of 24

Estimated annual bill by home value

Home valueEstimated billPer month
$200,000$2,520$210
$300,000$3,780$315
$400,000$5,040$420
$500,000$6,300$525
$750,000$9,450$788
$1,000,000$12,600$1,050
At the county median effective rate of 1.26%, before exemptions. Jurisdictions inside the county differ; use the estimator for a specific home value and exemption.

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Fairbanks North Star Borough compared with Alaska and the US

AreaEffective rateMedian billMedian home value
Fairbanks North Star Borough1.26%$3,570$282,500
Alaska median1.14%$3,785$333,300
United States median0.98%$2,969n/a

Rates and medians: U.S. Census Bureau, ACS 2023 5-year estimates, tables B25103 and B25077. Effective rate is median taxes paid divided by median owner-occupied home value.

Frequently asked questions

What is the property tax rate in Fairbanks North Star Borough, AK?

The median effective property tax rate in Fairbanks North Star Borough is 1.26% of home value, above the Alaska median of 1.14% and above the national median of 0.98%. The median homeowner pays $3,570 a year on a median home value of $282,500 (Census ACS 2023 5-year).

How much is property tax on a $400,000 house in Fairbanks North Star Borough?

About $5,040 per year at the county's median effective rate of 1.26%, before exemptions. The exact bill depends on the city, school district and special districts that serve the parcel, so treat this as a planning estimate.

How does Fairbanks North Star Borough compare with the rest of Alaska?

Fairbanks North Star Borough ranks 4 of 24 Alaska counties by effective rate. The Alaska median is 1.14% and the median bill is $3,785.