TaxGrader

Taxes in Alaska: Income, Sales, and Property Tax Guide

Top Income Tax Rate

No Income Tax

Combined Sales Tax

1.8%

Avg Property Tax Rate

1.0%

Median Household Income

$86,370

How Alaska Compares to National Average

IRS Statistics of Income Data

Average AGI

$62,800

Average Tax Liability

$7,950

Itemized Deduction Rate

30.0%

Avg SALT Deduction

$5,100

Avg Mortgage Interest Deduction

$10,200

Avg Charitable Deduction

$5,200

Source: IRS Statistics of Income (2022 tax year)

What This Means for You

Alaska is one of the states that does not levy a state income tax. This can mean significant tax savings compared to high-tax states, though Alaska may compensate through higher sales tax, property tax, or other fees. Consider the full tax picture when evaluating the cost of living.

Frequently Asked Questions

Does Alaska have an income tax?

No, Alaska does not have a state income tax.

What is the sales tax in Alaska?

The combined state and local sales tax rate in Alaska is approximately 1.8%.

How does Alaska compare to other states?

Visit our state comparison page or use the Compare tool to see how Alaska's tax burden compares to neighboring states and the national average.

Related Resources

Data sources: Tax Foundation (2024), IRS Statistics of Income (2022). TaxGrader is not a CPA, tax advisor, enrolled agent, or attorney. This content is for educational and informational purposes only.