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Updated 2025 Tax Year

Southeast Fairbanks County
Property Tax Guide

Everything you need to know about property taxes in Southeast Fairbanks County, AK. Rates, due dates, exemptions, and how it affects your monthly payment.

10 Official Sources
8 min read
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Quick Facts
Tax Rate
Approximately 1% base rate, varies significantly by location and special taxing districts
Exemptions
4+ Available
Section 1

How Property Tax Works

Southeast Fairbanks County, Alaska operates under a property tax system that funds essential local services including schools, public safety, infrastructure maintenance, and local government operations. The county follows Alaska's property tax framework with an approximate base rate around 1% of assessed value, though actual rates vary significantly by location within the county due to special taxing districts and municipal boundaries.

Property owners in Southeast Fairbanks County should note that tax rates can differ substantially depending on their specific location, as various special districts, school districts, and municipal services create different tax obligations. The county does not have an assessment cap, meaning property values can increase without limitation year-over-year. Property taxes are typically due by July 1st each year, and most tax credits and exemptions require annual application and are not automatically applied to your property.

Section 2

What Makes Up Your Tax Bill

Note: 2025 tax rates are not yet available. The following represents the general structure - contact the Southeast Fairbanks County Assessor for current rates.

ComponentRate RangeDescription
Base County LevyVaries by districtGeneral county services and operations
School DistrictVaries by districtLocal school funding and operations
Special DistrictsVaries by locationFire protection, water/sewer, other services
Municipal LeviesWhere applicableCity services within incorporated areas

Important: Actual tax rates vary significantly by location within Southeast Fairbanks County due to different combinations of special taxing districts. Contact the county assessor's office for your specific property's tax rate based on its location and applicable districts.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Southeast Fairbanks County, property taxes are due in two installments:

Pro tip: If you pay through mortgage escrow, your lender splits these payments across your monthly mortgage. If you pay directly, set calendar reminders to avoid late penalties.
Section 4

Supplemental Tax Bills

Supplemental taxes in Southeast Fairbanks County are additional property taxes assessed when there are changes in property ownership, new construction, or improvements that increase a property's assessed value during the tax year. These taxes cover the difference between the old assessment and the new assessment for the remaining portion of the tax year.

Common triggers include: purchasing a home, completing new construction, adding improvements like decks or garages, or subdividing property. The supplemental tax is calculated by taking the difference in assessed value, multiplying by the applicable tax rate, and prorating for the remaining months in the tax year. For example, if you purchase a home in January that was previously assessed at $200,000 but now appraises at $350,000, you would owe supplemental taxes on the $150,000 difference, prorated from the purchase date through June 30th.

Example Calculation

Note: These examples use estimated rates. Actual rates vary by location within the county.

Example 1: $300,000 Property

  • Assessed Value: $300,000
  • Less: Senior/Veteran Credits (if applicable): $0 (requires application)
  • Net Taxable Value: $300,000
  • Estimated Tax Rate: 1.2%
  • Annual Tax: $3,600
  • Monthly Escrow: $300

Example 2: $600,000 Property

  • Assessed Value: $600,000
  • Less: Available Credits (if applicable): $0 (requires application)
  • Net Taxable Value: $600,000
  • Estimated Tax Rate: 1.2%
  • Annual Tax: $7,200
  • Monthly Escrow: $600

Example 3: $1,000,000 Property

  • Assessed Value: $1,000,000
  • Less: Available Credits (if applicable): $0 (requires application)
  • Net Taxable Value: $1,000,000
  • Estimated Tax Rate: 1.2%
  • Annual Tax: $12,000
  • Monthly Escrow: $1,000

All tax credits require annual application and are not automatically applied.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Southeast Fairbanks County require property tax escrow accounts for borrowers with less than 20% down payment. Your lender collects monthly property tax payments along with your mortgage payment and deposits them into an escrow account. The lender then pays your property taxes directly to the county when they become due on July 1st.

Lenders typically conduct annual escrow analyses to ensure adequate funds are collected, adjusting your monthly payment if necessary. You'll receive an escrow statement showing payments made on your behalf and any surplus or shortage. Property owners are responsible for verifying that payments were made correctly and on time, as you remain ultimately liable for the taxes. If you pay your own property taxes (no escrow), ensure payment reaches the county by the July 1st deadline to avoid penalties and interest charges.

How HonestCasa Helps
  • Understand whether your escrow is set correctly
  • See how rising taxes will change your monthly payment
  • Plan ahead instead of being surprised by "shortage" letters
Section 6

Frequently Asked Questions

When are property taxes due in Southeast Fairbanks County? Property taxes are due by July 1st each year for the current tax year.

What tax credits are available and how do I apply? Alaska offers various tax credits that may include senior, veteran, and disability credits. Most credits require annual application through the county assessor's office. Contact the Southeast Fairbanks County Assessor for available programs and application deadlines.

Is there a homestead credit that limits assessment increases? Alaska may offer homestead-type credits that cap annual assessment growth rather than reducing market value. These require annual filing and have specific eligibility requirements. Check with the county assessor for current programs.

How often are properties reassessed? Properties are typically reassessed annually in Alaska, with new assessments taking effect for the following tax year.

What if I disagree with my assessment? Property owners can appeal their assessments through a formal appeal process. Contact the county assessor's office for appeal procedures, deadlines, and required documentation.

What are the penalties for late payment? Late property tax payments typically incur interest and penalties. Contact the county treasurer's office for specific penalty rates and payment options.

Can I pay my property taxes online? Many Alaska jurisdictions offer online payment options. Check the Southeast Fairbanks County website or contact the treasurer's office for available electronic payment methods.

How do special district taxes work? Special districts for services like fire protection, water, or sewer add additional taxes based on your property's location. Your total tax bill includes all applicable district taxes, which vary throughout the county.

Verified Sources

Backed by 10 Official Government Sources

Every fact in this guide is sourced from official county, state, and federal documents.

01
Internal Revenue Bulletin: 2024-26irs.gov
02
Tax Doc
Real Property Assessment & Tax Informationfnsb.gov
03
AkDU's and Don'tshainesalaska.gov
04
City of Fairbanks Alaskafairbanks.gov
05
Tax Doc
Property Tax, Local Government Online, Division ...commerce.alaska.gov
06
Fairbanks North Star Borough - Community Research Quarterlyco.fairbanks.ak.us
07
678akleg.gov
08
State
Alaska Tax Facts, Office of the State Assessor, Division ...commerce.alaska.gov
09
1 Billing Code 4810-AK-P DEPARTMENT OF THE ...home.treasury.gov
10
LaSalle Financial Services, Inc.fnsb.gov
All sources verified as of 2025 Tax Year

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