Kenai Peninsula Borough, Alaska property tax

Median property tax, home value and effective rate (Census 2020–2024)

Updated Oct 17, 2026, 1:57 AM ET
Effective property tax rate
0.63%

Homeowners in Kenai Peninsula Borough, Alaska paid a median $2,049 a year in property tax on a median home worth $323,200, an effective rate of about 0.63% (Census 2020–2024).

Census ACS 2020–2024 5-year medians

#14 lowest of 30Alaska counties by effective rate

1.11%Alaska statewide · US 0.94%
Median tax paid
$2,049
per year, 2020–24
Median home value
$323,200
owner-occupied
Effective rate
0.63%
tax ÷ value
Tax vs. income
2.5%
of $80,538 median household income
Owner costs
$1,904/mo
median with a mortgage, incl. tax & insurance

How Kenai Peninsula Borough compares

Effective rate (median tax ÷ median value)

Kenai Peninsula Borough0.63%
Alaska1.11%
United States0.94%

Median tax paid per year

Kenai Peninsula Borough$2,049
Alaska$3,901
United States$3,119

Tax on a home here

At the local 0.63% effective rate

Home valueEstimated yearly taxPer month
$150,000$951$79
$250,000$1,585$132
$350,000$2,219$185
$500,000$3,170$264

Cities and towns in Kenai Peninsula Borough

PlaceMedian taxMedian valueRate
Kalifornsky$2,078$336,8000.62%
Kenai$1,631$283,9000.57%
Sterling$2,223$353,4000.63%
Homer$2,657$388,4000.68%
Soldotna$1,425$306,0000.47%
Fritz Creek$2,482$344,1000.72%
Anchor Point$1,434$241,6000.59%
Bear Creek$3,762$474,5000.79%
Cohoe$1,516$242,6000.62%
Diamond Ridge$2,567$344,4000.75%
Ninilchik$1,492$254,4000.59%
Kachemak$2,411$450,0000.54%
Seldovia$1,409$197,2000.71%
Nanwalek$199$131,3000.15%
Halibut Cove$1,156$234,1000.49%

Buying a home in Kenai Peninsula Borough? 2026 loan limits

Related

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates, tables B25103 (median real estate taxes paid), B25077 (median home value), B25003, B25088, B19013 and B01003. These are 2020–2024 medians reported by owner-occupants, not 2026 tax bills or official mill rates. The effective rate here is median tax ÷ median home value. Actual bills depend on assessed value, exemptions (homestead, senior, veteran) and local levies. Check with your county assessor or treasurer. Not tax advice.

Frequently asked questions

What is the property tax rate in Kenai Peninsula Borough, Alaska?

Homeowners in Kenai Peninsula Borough, Alaska paid a median $2,049 a year in property tax on a median home worth $323,200, an effective rate of about 0.63% (Census 2020–2024).

How much is property tax on a $300,000 home in Kenai Peninsula Borough?

About $1,902 a year ($158 a month) at the 0.63% median effective rate. Your bill depends on assessed value and exemptions.

Is Kenai Peninsula Borough property tax high?

It ranks #14 lowest of 30 Alaska counties. The state median effective rate is 1.11% and the US rate is 0.94%.

Where do I pay property tax in Kenai Peninsula Borough?

Bills are issued and collected by the Kenai Peninsula Borough treasurer or tax collector, based on values set by the county assessor.