How much are property taxes in Sterling, AK?

Homeowners in Sterling, AK pay a median of $2,223 (±$221) a year in real estate taxes (2020–2024 American Community Survey, table B25103).

Homes with a mortgage pay a median of $2,294.

Homes without a mortgage pay a median of $2,152.

That is about 0.6% of the median home value of $353,400.

In Sterling, the median real estate tax went from $1,941 in 2015–2019 to $2,223 in 2020–2024 (+14.5%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median real estate taxes
$2,223 (±$221)
With a mortgage
$2,294
Without a mortgage
$2,152
Share of median value
0.6%

Real estate taxes in Sterling against Kenai Peninsula Borough, its state and the nation

Median real estate taxes paid a year, estimate (90% margin of error)
SterlingKenai Peninsula BoroughAlaskaUnited States
Median real estate taxes$2,223 (±$221)$2,049 (±$115)$3,901 (±$70)$3,119
Homes with a mortgage$2,294 (±$358)$2,315 (±$131)$4,212 (±$73)$3,489
Homes without a mortgage$2,152 (±$471)$1,610 (±$151)$3,065 (±$138)$2,576
Median home value$353,400 (±$39,407)$323,200 (±$8,421)$352,900 (±$3,735)$332,700

In Sterling, the median real estate tax is not measurably different from Kenai Peninsula Borough ($2,049).

It is also lower than in Alaska ($3,901).

It is lower than the national figure ($3,119).

In Kenai Peninsula Borough, Sterling ranks 9 of 17 places with a published estimate, from highest to lowest median real estate taxes.

Statewide, it ranks 48 of 85.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Taxes as a share of home value in Sterling

The median tax ($2,223) is 0.6% of the median home value ($353,400).

Across Kenai Peninsula Borough the same ratio is 0.6%.

Across Alaska it is 1.1%.

This is a ratio of two medians, a rough effective rate: not the tax rate or mill rate the town, county or school district sets, and not any one home’s bill.

Owners report what they paid and what they think their home is worth; the assessor’s office publishes the actual rates and assessments.

How property taxes in Sterling have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median real estate taxes$1,941 (±$171)$2,223 (±$221)+14.5%No measurable change after inflation
Median home value$303,800 (±$27,933)$353,400 (±$39,407)+16.3%No measurable change after inflation
Median owner cost with a mortgage$1,719 (±$269)$2,050 (±$255)+19.3%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median real estate taxes in places near Sterling

Nearest places with a published estimate, compared with Sterling
PlaceDistanceMedian real estate taxesCompared with this place
Sterling—$2,223 (±$221)—
Funny River3.9 mi$1,836 (±$1,008)Not measurably different
Ridgeway8.4 mi$2,290 (±$959)Not measurably different
Soldotna9.7 mi$1,425 (±$243)Lower
Kenai14 mi$1,631 (±$280)Lower
Kalifornsky15 mi$2,078 (±$268)Not measurably different
Salamatof18 mi$2,541 (±$540)Not measurably different
Nikiski19 mi$1,953 (±$719)Not measurably different
Cohoe25 mi$1,516 (±$296)Lower

Nearby places with a measurably lower figure: Soldotna, AK ($1,425), Kenai, AK ($1,631), Cohoe, AK ($1,516).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median real estate taxes across Kenai Peninsula Borough, place by place

RankPlaceMedian real estate taxes
3Homer$2,657 (±$249)
4Diamond Ridge$2,567 (±$331)
5Salamatof$2,541 (±$540)
6Fritz Creek$2,482 (±$243)
7Kachemak$2,411 (±$205)
8Ridgeway$2,290 (±$959)
9Sterling$2,223 (±$221)
10Kalifornsky$2,078 (±$268)
11Nikiski$1,953 (±$719)
12Funny River$1,836 (±$1,008)
13Kenai$1,631 (±$280)
14Cohoe$1,516 (±$296)
15Anchor Point$1,434 (±$177)

Showing 13 of 17 places in Kenai Peninsula Borough, ranked from highest to lowest.

Sterling is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Sterling

How much are property taxes in Sterling?

The median real estate tax paid by homeowners in Sterling, AK is $2,223 (±$221) a year (2020–2024 American Community Survey).

What is the property tax rate in Sterling?

The Census Bureau does not publish tax rates; as a rough guide, the median tax paid is 0.6% of the median home value in Sterling, and the actual rate is set by the town, county and school district.

Have property taxes in Sterling gone up?

In Sterling, the median real estate tax went from $1,941 in 2015–2019 to $2,223 in 2020–2024 (+14.5%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Are property taxes in Sterling higher than in Kenai Peninsula Borough?

In Sterling, the median real estate tax is not measurably different from Kenai Peninsula Borough ($2,049).

It is also lower than in Alaska ($3,901).

It is lower than the national figure ($3,119).

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Sterling CDP, Alaska (place:73070, in state:02).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25103_001E, B25103_001M, B25077_001E, B25077_001M, B25088_002E, B25088_002M from the 2019 release.

The API needs a free key.

Request a Census API key.

B25103_001E, B25103_001M, B25103_002E, B25103_002M, B25103_003E, B25103_003M, DP04_0089E, DP04_0089M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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