Alaska · Fairbanks North Star Borough · Local exemptions · Updated Oct 2026
Fairbanks North Star Borough, AK property tax exemptions (2026)
The property tax breaks that are set or run locally in Fairbanks North Star Borough, on top of Alaska’s statewide rules: what each is worth here, who qualifies, where to apply and the deadline.
What is different in Fairbanks North Star Borough
Fairbanks North Star Borough adds a $50,000 Residential Homeowner Exemption, a volunteer firefighter/EMS exemption and the 'Irving Hernandez' exemption for surviving spouses of service members who died of combat injuries. Its deadline is earlier than most: February 14, and senior, disabled-veteran and Irving Hernandez applications must be made in person. The senior and disabled-veteran amount is the state's $150,000.
$50,000 of assessed value exempt (maximum $10,000 applied to service-area assessments).
Set by
county
Tax year
2027
Who qualifies
Owner of record before January 1 (not in an LLC, partnership or corporation name), living on the parcel as primary residence on or before January 1; one per household; raw land ineligible.
How to apply
Sign and return the Residential Exemption application (online, at the office, or the stub on your Assessment Notice mailed end of January) in person or by mail; no fax or email.
Up to $150,000 of assessed value exempt (state mandate).
Set by
state program, local amount
Tax year
2027
Who qualifies
65 or older by December 31 of the prior year; own and occupy the home as permanent place of abode on January 1; keep Alaska residency; widow/widower of a qualifier at 60+.
How to apply
In person only at 907 Terminal Street (10-15 minutes) with a driver's license, state ID, military ID or passport, plus trust document if applicable. No email, fax or electronic applications.
Deadline
February 14 of the tax year; with good cause (serious medical or similar condition) an Unable to Comply Request by March 15 (2027 extension window Feb 15 - Mar 14, 2027).
Renewal
Not required unless ownership, use or other eligibility changes.
20% of assessed value, up to $10,000 of assessed value.
Set by
county
Tax year
2027
Who qualifies
Owner-occupant (primary residence by January 1) who is a current, active non-paid volunteer of a recognized first responder service, fire department or ambulance service; up to two per property.
How to apply
Submit the original signed application to your fire chief, who certifies it to the Assessor.
Full exemption from property tax on the home, assuming full eligibility (FNSB 8.04.060(P)).
Set by
county
Tax year
2027
Who qualifies
Unmarried surviving spouse of a U.S. armed forces member injured on active duty while eligible for hostile fire or imminent danger pay who died of the injury; owned and occupied the home by January 1; Alaska resident (185 days a year).
How to apply
In person at the Assessing Department with an official DD Form 1300 Military Death Certificate.
Deadline
February 14 of the tax year.
Renewal
Not required while nothing changes; report changes within 30 days.
Roughly what an exemption could save you a year: the value it takes off, times your tax rate.
Eligibility finder for Fairbanks North Star Borough
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Document checklist for Fairbanks North Star Borough
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Questions about property tax exemptions in Fairbanks North Star Borough
What property tax exemptions are there in Fairbanks North Star Borough?
Fairbanks North Star Borough adds a $50,000 Residential Homeowner Exemption, a volunteer firefighter/EMS exemption and the 'Irving Hernandez' exemption for surviving spouses of service members who died of combat injuries. Its deadline is earlier than most: February 14, and senior, disabled-veteran and Irving Hernandez applications must be made in person. The senior and disabled-veteran amount is the state's $150,000. Local breaks here: Residential Homeowner Exemption; Senior Citizen / Widow-Widower Exemption; Volunteer Firefighter / EMS Exemption; Irving Hernandez Exemption.
Where do I apply for a property tax exemption in Fairbanks North Star Borough?
Fairbanks North Star Borough Assessing Department Phone: (907) 459-1428 Address: 1st Floor, JHAC Bldg, 907 Terminal Street, Fairbanks, AK 99701 (mail: P.O. Box 71267, Fairbanks, AK 99707-1267). Also: FNSB Treasury-Budget Division, which sends and collects the property tax bill.
When is the deadline to apply in Fairbanks North Star Borough?
Residential Homeowner Exemption: Received or postmarked by February 14 (2027 enrollment: July 1, 2026 - February 14, 2027). Senior Citizen / Widow-Widower Exemption: February 14 of the tax year; with good cause (serious medical or similar condition) an Unable to Comply Request by March 15 (2027 extension window Feb 15 - Mar 14, 2027). Volunteer Firefighter / EMS Exemption: February 14. Irving Hernandez Exemption: February 14 of the tax year.
Do I have to reapply every year in Fairbanks North Star Borough?
Residential Homeowner Exemption: Not required unless title or parcel description changes. Senior Citizen / Widow-Widower Exemption: Not required unless ownership, use or other eligibility changes. Volunteer Firefighter / EMS Exemption: Not required unless title or parcel changes. Irving Hernandez Exemption: Not required while nothing changes; report changes within 30 days.
Do Alaska’s statewide exemptions apply in Fairbanks North Star Borough too?
Yes. The statewide breaks on our Alaska page apply here as well, for example Senior Citizen Exemption, Disabled Veteran Exemption and Military Service Widow/Widower Exemption - local option. This page adds what Fairbanks North Star Borough sets or runs itself.
Good to know in Fairbanks North Star Borough
Disabled veterans without a permanent VA rating must submit a current rating letter each year by February 14 (FNSB fact sheet).
Assessment notices are mailed at the end of January each year (FNSB Assessing).
No county figure was available, so the estimate uses the Alaska median effective rate: U.S. Census Bureau, American Community Survey, 2020–2024 5-year estimates, tables B25103 (median real estate taxes paid, owner-occupied homes) and B25077 (median value, owner-occupied homes).