Alaska Income Tax
Alaska has no state income tax. This makes it one of the most attractive states for high earners and retirees. You will still owe federal income tax.
Alaska Sales Tax
Alaska has no state sales tax, making it one of only five states without one. However, some local jurisdictions impose a sales tax averaging 1.76%.
Alaska Property Tax
The effective property tax rate in Alaska is 1.07%. With a median home value of $296,400, the median annual property tax bill is $3,680 ($307/month).
Corporate & Business Taxes
The corporate tax rate in Alaska is 0-9.4%.
Other Taxes in Alaska
| Tax Type | Rate / Amount |
|---|---|
| Gas Excise Tax | $0.09/gallon |
| Cigarette Tax | $2.00/pack |
| Estate Tax | No |
| Inheritance Tax | No |
Key Facts
No state income tax or sales tax. Residents receive an annual Permanent Fund Dividend from oil revenue.
Compare to Other States
See how salaries compare on our average salary in Alaska page. Thinking about starting a business? Check our LLC guide for Alaska. See the current minimum wage in Alaska.
Financial Calculators
Plan your finances in Alaska with our free tools:
- Paycheck Calculator — estimate take-home pay after taxes
- Salary Calculator — convert hourly to annual pay
- Mortgage Calculator — estimate monthly home payments
- Home Affordability Calculator — see how property taxes affect what you can afford