In Matanuska-Susitna Borough, Alaska the effective property tax rate is 1.10%. The median homeowner pays $3,512 a year in real estate taxes on a home with a median value of $319,200. That rate is the 5th highest of the 26 Alaska counties with published data, and the 964th highest of 3,132 counties in the United States.
Property tax in Matanuska-Susitna Borough
The effective rate is the median real estate tax paid divided by the median home value. The Alaska statewide average is 1.14%, so Matanuska-Susitna Borough is below it. Applying this county's rate to other home prices gives a rough idea of the yearly bill; actual bills depend on the school district, exemptions and the assessed value.
| Home value | Estimated tax per year | Per month |
|---|---|---|
| $200,000 | $2,200 | $183 |
| $300,000 | $3,300 | $275 |
| $319,200 (county median) | $3,510 | $293 |
| $400,000 | $4,400 | $367 |
| $500,000 | $5,500 | $458 |
Home values and incomes
The median home value is $319,200 (9th highest in Alaska, 422nd highest nationally) and the median household income is $90,625. Homes cost about 3.5 times a typical household's yearly income. Median gross rent is $1,258 a month. 76.6% of occupied homes are owner-occupied. Homeowners with a mortgage pay a median of $1,308 a year for insurance. For comparison, the Alaska statewide median home value is $397,932.
Counties near Matanuska-Susitna Borough in the Alaska property tax ranking
| County | Effective rate | Median home value |
|---|---|---|
| Nome Census Area | 1.55% | $201,000 |
| Anchorage Municipality | 1.29% | $375,900 |
| Fairbanks North Star Borough | 1.26% | $282,500 |
| Matanuska-Susitna Borough | 1.10% | $319,200 |
| North Slope Borough | 0.95% | $219,600 |
| Juneau City and Borough | 0.93% | $432,500 |
| Chugach Census Area | 0.92% | $330,900 |
Frequently asked questions
What is the property tax rate in Matanuska-Susitna Borough, Alaska?
The effective property tax rate is 1.10% of home value per year, the 5th highest of 26 counties in Alaska (Census ACS 2023 5-year estimates).
How much is property tax on a $300,000 home in Matanuska-Susitna Borough?
At the county's effective rate of 1.10%, about $3,300 a year (roughly $275 a month). Your actual bill depends on the assessed value, your school district and exemptions.
What is the median home value in Matanuska-Susitna Borough?
The median home value is $319,200 (Census ACS 2023 5-year estimates, owner-occupied homes).
What is the median household income in Matanuska-Susitna Borough?
The median household income is $90,625 (Census ACS 2023 5-year estimates).