Alaska vs New Hampshire
Property‑Tax Comparison: Alaska vs. New Hampshire
Intro
Both Alaska and New Hampshire levy property taxes that fund local services such as schools, roads, and public safety. According to the U.S. Census Bureau's 2023 American Community Survey (5‑year estimates), Alaska’s effective property‑tax rate is lower than New Hampshire’s, resulting in smaller annual tax bills for comparable home values. The table below summarizes the key metrics used in the comparison.
Side‑by‑Side Metrics
| Metric | Alaska | New Hampshire |
|---|---|---|
| Effective property‑tax rate | 1.14 % | 1.77 % |
| Median home value | $333,300 | $367,200 |
| Median annual property tax | $3,785 | $6,505 |
| Property tax on a $250,000 home | $2,839 | $4,429 |
| Property tax on a $500,000 home | $5,678 | $8,858 |
| Median household income | $89,336 | $95,628 |
Sources: All figures are from the U.S. Census Bureau’s 2023 American Community Survey (5‑year estimates).
Who Wins on Property Tax?
- Winner (lower tax rate): Alaska
- Tax‑rate difference: 0.64 percentage points, which is a 35.90 % lower rate than New Hampshire’s.
- Annual tax difference on a $250,000 home: $1,590 less in Alaska.
- Annual tax difference on a $500,000 home: $3,180 less in Alaska.
The lower effective tax rate in Alaska translates directly into lower annual property‑tax payments for identical home values. Because the rate difference is consistent across price points, the dollar‑amount savings increase proportionally with home value.
Audience Considerations
| Potential homeowner group | Relevance of the comparison |
|---|---|
| Current homeowners looking to refinance or relocate | The lower Alaska tax rate may reduce ongoing housing costs, especially for owners of higher‑valued properties. |
| Prospective homebuyers evaluating affordability | Property‑tax differences affect total cost of ownership; Alaska offers a lower tax burden per dollar of home value. |
| Retirees on fixed incomes | Lower annual taxes in Alaska can help preserve retirement savings, though other cost‑of‑living factors should also be considered. |
| Real‑estate investors | Tax‑rate differentials influence net operating income; Alaska’s lower rate may improve cash‑flow projections. |
The data presented is purely fiscal; it does not address other state‑level considerations such as income tax, sales tax, climate, or public‑service quality.
Further Reading
- Detailed information on Alaska’s property‑tax structure: Alaska property tax
- Detailed information on New Hampshire’s property‑tax structure: New Hampshire property tax
Based on the most recent ACS estimates, Alaska’s effective property‑tax rate is 0.64 percentage points lower than New Hampshire’s, resulting in proportionally lower annual tax bills for comparable home values.
Explore More Comparisons
Discover how property taxes compare across all states in our comprehensive comparison guide.
Data Source
All figures are drawn from the U.S. Census Bureau's 2023 American Community Survey (5‑year estimates). This comprehensive dataset provides reliable, standardized property tax information across all states.