The average Alaskan is taxed at a rate of 1.04% for property, nothing for income and nothing for sales. Compared to the national averages Alaska earns a score of average for property taxes, good 👍 for income taxes and average for combined local and state sales tax.
Review the Geographical, Political and Spiritual Attributes of Alaska
Alaska has approximately 741,522 residents. A common term for people in Alaska is "Alaskan". Within this population there are around 11,163 births and 4,543 deaths per year. Approximately 75.2% of this population speaks English exclusively. Conversely, 4.6% of this population has no verbal English skill. On average, real estate listings in Alaska are on the market for 86 days. The Market Health Index for Alaska is 4.31. Anchorage Borough is the wealthiest of all boroughs in Alaska. The least wealthy of all boroughs in Alaska is Kusilvak Borough.
Daily state facts: Alaska does not tax personal income or collect general sales tax. Eligible residents receive money from an "oil royalty fund". Without revenue from personal income or general sales taxes, Alaska is overly dependent on oil severance tax revenues.
According to the Bureau of Labor Statistics, Alaska employment in May 2019 was 352,910, unemployment was 22,687 or 6.4% of total jobs.