Matanuska-Susitna Borough, Alaska property tax
The median homeowner in Matanuska-Susitna Borough, Alaska pays $3,512 a year in property tax on a home worth $319,200, an effective rate of 1.10%. The national effective rate is 0.98%.
What the rate means here
Matanuska-Susitna Borough taxes property at 1.10%, within a rounding error of the national 0.98%. That makes the $3,512 median bill mostly a statement about local house prices rather than about local tax policy.
It ranks #4 of 18 Alaska counties by effective rate, against a statewide 1.14%, and #837 nationally. The state runs from 1.55% in Nome Census Area down to 0.12% in Northwest Arctic Borough.
The median home costs 3.52 times the median household income of $90,625, close to the national 3.86. Incomes here run above the national median, which is what keeps that ratio ordinary despite the house prices. The county has 110,677 residents, which is small enough that the medians describe a reasonably coherent market.
The rate is derived rather than quoted. How and why.
What that costs at different home values
Arithmetic at the county effective rate, before any exemption or assessment cap.
Housing and income
| Matanuska-Susitna Borough | Alaska | United States | |
|---|---|---|---|
| Effective property tax | 1.10% | 1.14% | 0.98% |
| Median tax bill | $3,512 | $3,785 | $2,969 |
| Median home value | $319,200 | $333,300 | $303,400 |
| Median gross rent | $1,258 | $1,388 | $1,348 |
| Median household income | $90,625 | $89,336 | $78,538 |
| Home price to income | 3.52× | 3.73× | 3.86× |
| Rent as share of income | 16.66% | 18.64% | 20.6% |
| Owner-occupied | 76.64% | 66.59% | 65.02% |
Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 110,677.
Nearby counties of similar size
| County | Rate | Median bill | Home value |
|---|---|---|---|
| Fairbanks North Star Borough | 1.26% | $3,570 | $282,500 |
| Kenai Peninsula Borough | 0.66% | $1,974 | $297,500 |
| Juneau City and Borough | 0.93% | $4,039 | $432,500 |
| Bethel Census Area | n/a | not reported | $120,600 |
| Ketchikan Gateway Borough | 0.68% | $2,588 | $379,000 |
Matanuska-Susitna Borough property tax: common questions
What is the property tax rate in Matanuska-Susitna Borough, Alaska?
The effective rate is 1.10% of home value, from a median tax bill of $3,512 against a median home value of $319,200. That is 0.12 points above the national 0.98%.
How much is property tax on a $400,000 home in Matanuska-Susitna Borough?
Roughly $4,400 a year at the county effective rate of 1.10%.
Is Matanuska-Susitna Borough expensive compared with the rest of Alaska?
It ranks #4 of 18 Alaska counties by effective property tax rate, and #837 of 2,826 nationally. That is 0.04 points below the Alaska average of 1.14%.
What does housing cost in Matanuska-Susitna Borough?
The median home is worth $319,200 and median gross rent is $1,258 a month. Median household income is $90,625, which puts the home at 3.52 times annual income and rent at 16.66% of it.