Matanuska-susitna County, Alaska Property Taxes

Name: Property Tax Bills Across Matanuska-susitna County, Alaska
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Matanuska-Susitna County effective property tax rate: 1.21%, significantly higher than the national median of 1.02%.
Median Matanuska-Susitna County home value: $277,600
Median annual Matanuska-Susitna County tax bill: $2,908, $508 higher than the national median property tax bill of $2,400.

How are property taxes in Matanuska-Susitna County calculated?

Property taxes in Matanuska-Susitna County are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Wasilla or another part of Matanuska-Susitna County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Matanuska-susitna County, Alaska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.21%

Estimate Property Tax Bill

$3,359

$3,117

Ownwell’s Matanuska-Susitna County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Matanuska-Susitna County with just two data points. By entering your property's estimated assessed value, our calculator applies Matanuska-Susitna County’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Matanuska-Susitna County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Matanuska-susitna County, Alaska

Local government entities set property tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Matanuska-Susitna County's effective property tax rate to other counties in Alaska or the U.S. median property tax rate.

Property Tax Rates Across Matanuska-susitna County, Alaska

Source: Ownwell

1.10%

1.29%

1.48%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Matanuska-susitna County Tax Rate

1.21%

Median Effective Alaska Tax Rate

1.37%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Matanuska-susitna County, Alaska

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Big Lake	1.12%	1.12%	1.12%	1.13%	1.32%
Palmer	0.40%	0.88%	1.10%	1.20%	1.47%
Sutton	0.88%	0.88%	1.21%	1.62%	1.62%
Talkeetna	0.88%	1.18%	1.47%	1.47%	1.62%
Trapper Creek	0.88%	0.88%	1.31%	1.31%	1.31%
Wasilla	0.44%	1.03%	1.22%	1.29%	1.37%
Willow	1.14%	1.48%	1.48%	1.48%	1.61%
Chickaloon	N/A	N/A	N/A	N/A	N/A
Houston	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Matanuska-susitna County, Alaska

When examining property taxes in Matanuska-Susitna County, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Matanuska-Susitna Borough estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill. Assessment notices: Assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Matanuska-Susitna County. For example, the median tax bill in Matanuska-Susitna County is $2,400, with tax bills ranging significantly across the county. Palmer has the highest median home price at $304,450.

Property Tax Assessment Values Across Matanuska-susitna County, Alaska

Source: Ownwell

$50,000

$189,600

$329,200

Median Matanuska-susitna County Market Value

$277,600

Median Alaska Market Value

$289,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Matanuska-susitna County, Alaska

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Big Lake	$38,750	$51,600	$91,350	$240,475	$328,150
Palmer	$56,500	$190,200	$304,450	$407,750	$527,130
Sutton	$25,280	$44,850	$93,400	$234,800	$365,560
Talkeetna	$23,660	$42,650	$80,800	$230,100	$340,020
Trapper Creek	$12,050	$29,100	$50,000	$142,400	$247,750
Wasilla	$52,900	$184,375	$294,250	$396,725	$517,020
Willow	$23,980	$51,800	$133,700	$281,400	$449,420
Chickaloon	N/A	N/A	N/A	N/A	N/A
Houston	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Matanuska-susitna County, Alaska

In Matanuska-Susitna County, AK, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessed value is typically a percentage of the property's market value. Homeowners in this county face a range of property tax bills, influenced by the value of their homes and the specific tax rate applied. The median home price in the area is $277,600, which serves as a baseline for calculating the property tax bill. For homeowners in the 25th percentile, tax bills are around $991, while those in the 75th percentile can expect to pay approximately $4,367. At the 90th percentile, tax bills rise to about $5,856. The highest median tax bill is found in Wasilla at $3,190, contrasting with the lowest in Trapper Creek at $515. Compared to the national median property tax bill of $2,400, Matanuska-Susitna County exhibits a diverse range of tax obligations, impacting homeowners differently based on their property's assessed value.

Property Tax Bills Across Matanuska-susitna County, Alaska

Source: Ownwell

$515

$2,179

$3,843

Median Matanuska-susitna County Tax Bill

$2,908

Median Alaska Tax Bill

$3,874

Median United States Tax Bill

$2,400

Property Tax Bills Across Matanuska-susitna County, Alaska

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Big Lake	$431	$574	$932	$2,784	$4,320
Palmer	$441	$1,331	$3,108	$4,508	$5,961
Sutton	$251	$462	$909	$2,389	$4,254
Talkeetna	$227	$483	$1,020	$2,622	$4,838
Trapper Creek	$111	$256	$515	$966	$2,307
Wasilla	$477	$1,339	$3,190	$4,533	$5,978
Willow	$333	$711	$1,744	$3,729	$6,254
Chickaloon	N/A	N/A	N/A	N/A	N/A
Houston	N/A	N/A	N/A	N/A	N/A

Source: Ownwell