Fritz Creek, Kenai Peninsula County, Alaska Property Taxes
Last Updated March 1, 2025
Fritz Creek, Kenai Peninsula County, Alaska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.84%
Estimate Property Tax Bill
$1,638
$1,520
Property Tax Rates Across Fritz Creek, Kenai Peninsula County, Alaska
Local government entities set property tax rates, which can differ significantly within a state. This variation is due to each county's need to estimate its annual budget for essential services. The budget is divided by the total value of all taxable property in the area, resulting in the property tax rate. This process, while influenced by votes and legislation, is the core method for determining tax rates annually.
In Fritz Creek, located in Kenai Peninsula County, the effective property tax rate is 0.84%. This rate is below the national median property tax rate of 1.02%, potentially offering a more affordable property tax environment compared to many other regions in the United States. When compared to the national median property tax bill of $2400, Fritz Creek's rate suggests a relatively lower financial burden for property owners. This comparison highlights Fritz Creek as an attractive location for homeowners seeking lower property taxes within Alaska.
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 Fritz Creek Tax Rate
0.84%
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 Kenai Peninsula County Tax Rate
0.87%
Median Effective Alaska Tax Rate
1.37%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Fritz Creek, Kenai Peninsula County, Alaska
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
99603 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Fritz Creek, Kenai Peninsula County, Alaska
When examining property taxes in Fritz Creek, 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 Kenai Peninsula 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.
In Kenai Peninsula 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 Fritz Creek. For example, the median home price in Fritz Creek is $195,000, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Fritz Creek, Kenai Peninsula County, Alaska
Source: Ownwell
$116,300
$217,950
$319,600
Median Fritz Creek Market Value
$195,000
Median Kenai Peninsula County Market Value
$187,000
Median Alaska Market Value
$289,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Fritz Creek, Kenai Peninsula County, Alaska
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
99603 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Fritz Creek, Kenai Peninsula County, Alaska
Property Tax Bills Across Fritz Creek, Kenai Peninsula County, Alaska
Source: Ownwell
$537
$1,117
$1,696
Median Fritz Creek Tax Bill
$1,665
Median Kenai Peninsula County Tax Bill
$1,110
Median Alaska Tax Bill
$3,874
Median United States Tax Bill
$2,400
Property Tax Bills Across Fritz Creek, Kenai Peninsula County, Alaska
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
99603 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell