Alaska vs Ohio
Alaska vs Ohio Property Tax Comparison
According to the U.S. Census Bureau's 2023 American Community Survey (5‑year estimates), the effective property‑tax rates and related metrics differ between Alaska and Ohio. The following sections present the data side‑by‑side, identify which state has the lower rate, and outline the groups for whom the comparison is most relevant.
Side‑by‑side comparison
| Metric | Alaska | Ohio |
|---|---|---|
| Effective property‑tax rate | 1.14 % | 1.36 % |
| Median home value | $333,300 | $199,200 |
| Median annual property tax | $3,785 | $2,712 |
| Tax on a $250,000 home | $2,839 | $3,404 |
| Tax on a $500,000 home | $5,678 | $6,807 |
| Median household income | $89,336 | $69,680 |
All figures are drawn from the U.S. Census Bureau’s 2023 ACS 5‑year estimates.
Which state “wins” on property tax?
- Winner (lower effective rate): Alaska (1.14 % vs. 1.36 % in Ohio).
- Rate difference: 0.23 percentage points, which is a 16.59 % lower rate than Ohio’s.
- Annual tax difference on a $250,000 home: $565 less in Alaska ($2,839 vs. $3,404).
- Annual tax difference on a $500,000 home: $1,129 less in Alaska ($5,678 vs. $6,807).
Why Alaska wins: The lower effective property‑tax rate directly reduces the tax bill for any given home value. Even though Alaska’s median home value is higher, the lower rate keeps the median annual tax only modestly above Ohio’s, and the per‑home calculations show a consistent advantage for Alaska.
Who is this comparison most relevant for?
| Audience | Relevance |
|---|---|
| Current or prospective homeowners | Understanding the ongoing cost of owning a home in each state; lower rates can affect affordability calculations. |
| Retirees | Property tax is a fixed expense that can impact fixed‑income budgets; a lower rate may be advantageous. |
| Real‑estate investors | Effective tax rate influences net rental yields and long‑term holding costs. |
| Policy analysts / planners | The data illustrate how state‑level tax structures differ, useful for comparative fiscal studies. |
Additional resources
- For a detailed breakdown of Alaska’s property‑tax structure, see the article on Alaska property tax.
- For a detailed breakdown of Ohio’s property‑tax structure, see the article on Ohio property tax.
Based on the most recent ACS estimates, Alaska imposes a lower effective property‑tax rate than Ohio. The numerical differences shown above can be used to model tax costs for specific home values or income levels.
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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.