Palmer, Matanuska-susitna County, Alaska Property Taxes

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Property Taxes in Palmer, Alaska

Median Palmer, Alaska effective property tax rate: 1.10%, significantly higher than the national median of 1.02%, and lower than the Alaska state median of 1.16%.
Median Palmer, Alaska home value: $315,800
Median annual Palmer, Alaska tax bill: $2,872, $472 higher than the national median property tax bill of $2,400.

How are property taxes in Matanuska-Susitna calculated?

Property taxes in Palmer, Alaska 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 Palmer's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Palmer, knowing local tax details benefits homeowners and investors.

Last Updated April 13, 2026

Palmer, Matanuska-susitna County, Alaska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.1%

Estimate Property Tax Bill

$3,474

$3,224

How Does the Palmer Property Tax Calculator Work?

Use this Palmer property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Palmer's median effective tax rate of 1.10% — based on actual property records in Matanuska-Susitna County — to generate your estimate.

Enter your property's estimated assessed value — the figure used to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Palmer's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.

Your bill may vary by ZIP code within Palmer: rates range from 1.10% in 99645 to 1.10% in 99645, primarily due to differences in school district levies and local assessment districts.

For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Palmer.

About Palmer Property Taxes

About Property Taxes in Palmer, Matanuska-Susitna, Alaska

Palmer’s median effective property tax rate of 1.10% is lower than the Alaska state median of 1.16% and higher than the national median of 1.02%. This rate reflects the Matanuska-Susitna County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.

Property tax rates are not uniform across Palmer. Homeowners in the 99645 ZIP code carry a median effective rate of 1.10%, while those in 99645 pay 1.10%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Matanuska-Susitna County. Understanding which part of Palmer you live in can make a meaningful difference to your annual tax bill.

Palmer homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the February 27, 2026 deadline each year.

If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.

Property Tax Rates Across Palmer, Matanuska-susitna County, Alaska

As noted earlier, local government entities set tax rates, which can vary widely within a state.

Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.

While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

Below, you can compare Palmer's effective property tax rate to other cities in Alaska and the median property tax rates in Alaska and the U.S.

Property Tax Rates Across Palmer, Matanuska-susitna County, Alaska

Source: Ownwell

1.10%

1.31%

1.51%

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 Palmer Tax Rate

1.10%

Median Effective Matanuska-susitna County Tax Rate

1.19%

Median Effective Alaska Tax Rate

1.16%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Palmer, Matanuska-susitna County, Alaska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
99645	0.36%	0.95%	1.10%	1.24%	1.45%

Source: Ownwell

Property Tax Assessment Values Across Palmer, Matanuska-susitna County, Alaska

When examining property taxes in Palmer, Alaska, 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 Matanuska-Susitna 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.

Assessment notices:

In Matanuska-Susitna County, assessment notices are sent in January each year. They'll typically reach your mailbox by the middle of January.

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. For Palmer, the median home price is $315,800, and the median tax bill is $2,872, compared with the national median property tax rate of 1.02% and national median property tax bill of $2,400. The highest median home price is in 99645 at $315,800.

Property Tax Assessment Values Across Palmer, Matanuska-susitna County, Alaska

Source: Ownwell

$8,000

$175,525

$343,050

Median Palmer Market Value

$315,800

Median Matanuska-susitna County Market Value

$149,800

Median Alaska Market Value

$291,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Palmer, Matanuska-susitna County, Alaska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
99645	$30,600	$122,400	$315,800	$431,300	$557,900

Source: Ownwell

Property Tax Bills Across Palmer, Matanuska-susitna County, Alaska

How are property tax bills calculated in Palmer?

Property tax bills in Palmer are based on the assessed value of a home, which is then multiplied by the local tax rate. Local governments use this system to fund services such as schools, roads, and public safety. The amount a homeowner owes depends on how the market value of the property is assessed and whether any exemptions apply.

What factors affect the final bill?

A home with a higher assessed value will usually have a higher tax bill, while a lower assessed value can reduce what is owed. In Palmer, the median home price is $315,800, and property tax bills can vary widely, with the 25th percentile at $830 and the 75th percentile at $4,550. For some homeowners, the bill can reach $6,137 at the 90th percentile.

How does this affect homeowners?

Because property taxes are tied to value, even small changes in assessment can affect annual costs. Palmer’s median tax bill is $2,872, which is above the national median property tax bill of $2,400 and reflects how local assessments shape homeowner expenses.

Property Tax Bills Across Palmer, Matanuska-susitna County, Alaska

Source: Ownwell

$107

$1,741

$3,375

Median Palmer Tax Bill

$2,872

Median Matanuska-susitna County Tax Bill

$1,131

Median Alaska Tax Bill

$3,021

Median United States Tax Bill

$2,400

Property Tax Bills Across Palmer, Matanuska-susitna County, Alaska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
99645	$308	$830	$2,872	$4,550	$6,137

Source: Ownwell

Don't miss the deadline to appeal!

Dates
Appeal Deadline	February 27

Links
Matanuska-Susitna Tax Assessor
Website	myproperty.matsugov.us

Frequently Asked Property Tax Questions in Palmer, Alaska

How are property taxes calculated in Palmer, Alaska?

Property taxes in Palmer, Alaska are calculated by multiplying your property's assessed value by the applicable tax rate set by local taxing authorities. The assessed value is determined by the county assessor and may differ from your property's market value depending on local assessment ratios and exemptions.

How do I appeal my property taxes in Palmer, Alaska?

To appeal your property taxes in Palmer, Alaska, you typically need to file a formal protest or appeal with your local appraisal district or assessor's office by the stated deadline. You'll need evidence such as comparable sales, a recent independent appraisal, or documentation of property condition issues. Ownwell can handle this entire process for you.

What property tax exemptions are available in Palmer, Alaska?

Common property tax exemptions in Palmer, Alaska include homestead exemptions for primary residences, senior citizen exemptions, veteran exemptions, and disability exemptions. Exemption amounts and eligibility requirements vary by county. Contact your local appraisal district or check Ownwell for details specific to your property.

When are property taxes due in Palmer, Alaska?

Property tax deadlines in Palmer, Alaska vary by county but typically include an assessment notice period in spring or early summer, followed by an appeal deadline, and a tax payment due date in the fall or winter. Check with your county assessor's office for specific dates in your area.

How can Ownwell help reduce my property taxes in Palmer, Alaska?

Ownwell provides professional property tax appeal services in Palmer, Alaska. Our team analyzes your assessment, gathers evidence, files all paperwork, and represents you at hearings — all with no upfront cost. You only pay a percentage of your savings if we successfully lower your tax bill.