Alaska vs Oklahoma
Property Tax Comparison: Alaska vs. Oklahoma
Summary – Both Alaska and Oklahoma have property‑tax systems that are based on the assessed value of real‑estate. Using the most recent data from the U.S. Census Bureau, the two states differ in effective tax rates, median home values, and the resulting annual tax amounts. The comparison below highlights these differences and indicates which state imposes a lower property‑tax burden.
Side‑by‑Side Metrics
| Metric | Alaska | Oklahoma |
|---|---|---|
| Effective property‑tax rate | 1.14 % | 0.82 % |
| Median home value | $333,300 | $185,900 |
| Median annual property tax | $3,785 | $1,520 |
| Tax on a $250,000 home | $2,839 | $2,044 |
| Tax on a $500,000 home | $5,678 | $4,088 |
| Median household income | $89,336 | $63,603 |
All figures are from the U.S. Census Bureau's 2023 American Community Survey (5‑year estimates).
Which State Has the Lower Property‑Tax Burden?
Winner (lower tax rate): Oklahoma
- Effective tax‑rate difference: 0.32 percentage points, which is a 28 % lower rate than Alaska’s (0.82 % vs. 1.14 %).
- Annual tax difference on a $250,000 home: $795 less in Oklahoma ($2,044 vs. $2,839).
- Annual tax difference on a $500,000 home: $1,590 less in Oklahoma ($4,088 vs. $5,678).
Because the effective property‑tax rate directly determines the amount owed on any assessed value, Oklahoma’s lower rate translates into consistently lower annual property taxes across comparable home price points.
Who Is This Comparison Most Relevant For?
| Audience | Relevance |
|---|---|
| Current or prospective homeowners | Understanding the tax implications of purchasing a home in each state helps with budgeting and total cost of ownership. |
| Retirees | Property taxes affect fixed‑income budgets; a lower rate may be advantageous for retirees on limited incomes. |
| Real‑estate investors | Tax rate differences influence cash‑flow projections and net‑return calculations for rental or investment properties. |
| Policy analysts | The data illustrate how state‑level tax policies impact household financial burden relative to median income. |
The comparison is factual and does not endorse either state. It simply presents the tax rates and related metrics so that individuals can assess which jurisdiction aligns with their financial situation.
References
- According to the U.S. Census Bureau's 2023 American Community Survey (5‑year estimates), the effective property‑tax rates and median home values are as listed above.
- For more detailed information on each state's tax structure, see the internal pages: Alaska property tax and Oklahoma property tax.
Based on the most recent ACS estimates, Oklahoma imposes a lower effective property‑tax rate than Alaska, resulting in lower annual property‑tax payments 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.