Property Tax & Income in Matanuska-Susitna Borough, Alaska
Matanuska-Susitna Borough has an effective property tax rate of 1.06%. On the median home value of $346,600, that's roughly $3,685 per year. Median household income is $94,031.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Matanuska-Susitna Borough | Alaska (state context) |
|---|---|---|
| Effective property tax rate1 | 1.06% | 0.69% |
| Median home value1 | $346,600 | — |
| State income tax3 | No state income tax | No state income tax |
| State sales tax3 | 1.82% combined | 1.82% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Matanuska-Susitna Borough, AK
In the Matanuska-Susitna Borough, the median annual property tax bill of $3,685 works out to about 3.9% of the median household income of $94,031. That is a meaningful slice of a household budget, though the area's per-capita income of $42,386 suggests many earners bring in less than the household figure. The borough's effective rate of 1.063% sits well above Alaska's statewide median of 0.689% and also tops the national median of 0.794%, ranking it 7th of 28 counties in the state. A home valued at the median $346,600 carries that $3,685 levy. Wasilla anchors the borough, alongside Palmer and Big Lake, and homeowners there absorb a property tax load that is heavier than what most Alaska counties impose.