Willow, Matanuska-susitna County, Alaska Property Taxes

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

Median WILLOW, AK effective property tax rate: 1.48%, significantly higher than the national median of 1.02%, but lower than the Alaska state median of 1.37%.
Median WILLOW, AK home value: $133,700
Median annual WILLOW, AK tax bill: $1,744, $656 lower than the national median property tax bill of $2,400.

How are property taxes in Matanuska-Susitna calculated?

Property taxes in WILLOW, AK 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 WILLOW’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in WILLOW, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Willow, Matanuska-susitna County, Alaska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.48%

Estimate Property Tax Bill

$1,979

$1,836

Ownwell’s Willow Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Willow with just two data points. By entering your property's estimated assessed value, our calculator applies Willow’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 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. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Willow, Matanuska-susitna County, Alaska

Local government entities set tax rates, and these can differ significantly within a state. This is because each county annually estimates the budget required to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.

In Willow, located in Matanuska-Susitna County, the effective property tax rate stands at 1.48%. This rate is consistent with the highest and lowest median tax rates found within Alaska, as both are recorded at 1.48%. When comparing Willow’s property tax rate to the national median property tax rate of 1.02%, it is evident that residents in Willow face a higher tax burden. The median property tax bill in the U.S. is $2400, further highlighting the potential impact on homeowners in Willow. By understanding these figures, property owners can make informed decisions about their investments and explore potential savings through property tax appeals or exemptions.

Property Tax Rates Across Willow, 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 Willow Tax Rate

1.48%

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 Willow, Matanuska-susitna County, Alaska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
99688	1.14%	1.48%	1.48%	1.48%	1.61%
99683	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Willow, Matanuska-susitna County, Alaska

When examining property taxes in Willow, AK, 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 County appraisal district 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: In Matanuska-Susitna County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Willow. For example, the median home price in Willow is $133,700, with tax bills ranging significantly across the county. 99688 has the highest median home price at $134,200.

Property Tax Assessment Values Across Willow, Matanuska-susitna County, Alaska

Source: Ownwell

$50,000

$189,600

$329,200

Median Willow Market Value

$133,700

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 Willow, Matanuska-susitna County, Alaska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
99688	$24,400	$51,855	$134,200	$281,775	$449,450
99683	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Willow, Matanuska-susitna County, Alaska

In Willow, located in Matanuska-Susitna County, AK, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. With a median home price of $133,700, property taxes are a significant consideration for homeowners. The tax bill can vary widely, with the 25th percentile at $711 and the 75th percentile at $3,729. This variation highlights the importance of understanding how property assessments and local tax rates impact the final bill. The median property tax bill in Willow stands at $1,756, which is below the national median of $2,400, making it relatively favorable for residents. However, homeowners can still benefit from ensuring their property is assessed accurately. Ownwell provides valuable services to homeowners by offering property tax appeal and exemption services. By analyzing property assessments and ensuring they reflect true market value, Ownwell helps homeowners potentially lower their tax bills, ensuring they pay only their fair share.

Property Tax Bills Across Willow, Matanuska-susitna County, Alaska

Source: Ownwell

$515

$2,179

$3,843

Median Willow Tax Bill

$1,744

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 Willow, Matanuska-susitna County, Alaska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
99688	$338	$718	$1,756	$3,730	$6,255
99683	N/A	N/A	N/A	N/A	N/A

Source: Ownwell