Fritz Creek, Kenai Peninsula County, Alaska Property Taxes

Name: Property Tax Bills Across Fritz Creek, Kenai Peninsula County, Alaska
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Fritz Creek, AK effective property tax rate: 0.84%, significantly lower than the national median of 1.02%, but lower than the Alaska state median of 1.37%. Median Fritz Creek, AK home value: $195,000. Median annual Fritz Creek, AK tax bill: $1,665, $735 lower than the national median property tax bill of $2,400. How are property taxes in Kenai Peninsula calculated? Property taxes in Fritz Creek, AK are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption. Understanding Fritz Creek’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fritz Creek, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Fritz Creek, Kenai Peninsula County, Alaska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.84%

Estimate Property Tax Bill

$1,638

$1,520

Ownwell’s Fritz Creek Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Fritz Creek with just two data points. By entering your property's estimated assessed value, our calculator applies Fritz Creek’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Kenai Peninsula. For those interested in more localized information, please scroll down to explore city-level trends!

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.

Property Tax Rates Across Fritz Creek, Kenai Peninsula County, Alaska

Source: Ownwell

0.57%

0.79%

1.01%

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%

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

In Fritz Creek, located in Kenai Peninsula County, AK, property tax bills are determined by assessing the property's market value and applying the local tax rate. With a median home price of $195,000, Fritz Creek homeowners face a property tax rate that is competitive compared to the national median of 1.02%. The tax bill for the 25th percentile is $1,474, while the 75th percentile sees bills around $1,855, and the 90th percentile reaches $1,970. These figures highlight the range of tax liabilities homeowners may experience, depending on their property's assessed value. Property taxes can significantly impact homeowners' finances, making it essential to ensure they are not overpaying. By leveraging the expertise of Ownwell, homeowners can appeal their property's assessed value and explore potential exemptions. Ownwell's services aim to reduce property tax burdens, offering a more manageable financial outlook for Fritz Creek residents. With professional guidance, homeowners can potentially save hundreds on their annual tax bills, easing the financial strain of homeownership.

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