County tax profile · 2026 · Census ACS + IRS data

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.

Effective Property Tax Rate1
1.06%
median tax $3,685 ÷ median home $346,600
Median Home Value1
$346,600
owner-occupied
Median Household Income1
$94,031
per-capita $42,386
Est. Annual Tax on Median Home1
$3,685
at 1.06% effective rate

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.

MetricMatanuska-Susitna BoroughAlaska (state context)
Effective property tax rate11.06%0.69%
Median home value1$346,600
State income tax3No state income taxNo state income tax
State sales tax31.82% combined1.82% 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.

Frequently asked questions

What is the property tax rate in Matanuska-Susitna Borough, AK?
The effective rate is 1.06% — meaning the median tax bill equals about 1.06% of the median home value.
How much are property taxes on a median home?
On the median home ($346,600), the estimated annual bill is about $3,685.
Is Matanuska-Susitna Borough's rate high or low?
Compare it to the state median of 0.69% and the national average near 1.1%.
How does the effective rate differ from my mill rate?
A mill rate is the nominal levy per $1,000 of assessed value. The effective rate reflects what you actually pay after exemptions and assessments — it's the median tax bill as a share of median home value, so it better predicts your real cost.
Will a reassessment raise my tax bill?
Not necessarily. If your home's assessed value rises, your bill can go up, but only if the mill rate and exemptions stay flat. Contact the Matanuska-Susitna Borough assessor's office to review your current assessment.
Can I appeal my property tax assessment?
Yes. Most counties allow an appeal when you believe the assessed value exceeds the market value. File with the Matanuska-Susitna Borough assessor within the local deadline, typically with comparable sales as evidence.
Sources
[1] U.S. Census Bureau — ACS 5-Year (2023) — Median home value (B25077), median real-estate taxes (B25103), median household income (B19013), per-capita income (B19301).
[2] IRS — Statistics of Income — County income, AGI, and real-estate taxes paid.
[3] Tax Foundation — State income, sales, corporate, and estate/inheritance tax rates.