Trapper Creek, Matanuska-susitna County, Alaska Property Taxes
Median Trapper Creek, AK effective property tax rate: 1.31%, significantly higher than the national median of 1.02%, but lower than the Alaska state median of 1.37%. Median Trapper Creek, AK home value: $50,000. Median annual Trapper Creek, AK tax bill: $515, $1,885 lower than the national median property tax bill of $2,400.
How are property taxes in Matanuska-Susitna calculated?
Property taxes in Trapper 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 Trapper Creek’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Trapper Creek, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Trapper Creek, Matanuska-susitna County, Alaska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.31%
Estimate Property Tax Bill
$655
$608
Property Tax Rates Across Trapper Creek, Matanuska-susitna County, Alaska
Local government entities are responsible for setting tax rates, which can differ significantly within a state. This variation is due to each county estimating its annual budgetary needs to provide essential services and dividing that by the total value of all taxable properties in its area. This calculation determines the property tax rate. Though votes and laws play a role in establishing tax rates and budgets, this is the core of the yearly procedure.
In Trapper Creek, located in the Matanuska-Susitna County of Alaska, you can compare the effective property tax rate to other cities in Alaska, as well as to the median property tax rates in Alaska and the U.S. With a median property tax rate of 1.31%, Alaska's rate stands above the national median of 1.02%. This means property owners in Trapper Creek may experience higher property tax bills than the national average, which is $2400. Understanding these nuances can help property owners make informed decisions about property investments and tax appeals.
Property Tax Rates Across Trapper Creek, Matanuska-susitna County, Alaska
Source: Ownwell
1.10%
1.29%
1.48%
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 Trapper Creek Tax Rate
1.31%
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 Matanuska-susitna County Tax Rate
1.21%
Median Effective Alaska Tax Rate
1.37%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Trapper Creek, Matanuska-susitna County, Alaska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99683 | 0.88% | 0.88% | 1.31% | 1.31% | 1.31% |
Source: Ownwell
Property Tax Assessment Values Across Trapper Creek, Matanuska-susitna County, Alaska
When examining property taxes in Trapper 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 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.
In Matanuska-Susitna 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 Trapper Creek. For example, the median home price in Trapper Creek is $50,000, with tax bills ranging significantly across the county. 99683 has the highest median home price at $50,000.
Property Tax Assessment Values Across Trapper Creek, Matanuska-susitna County, Alaska
Source: Ownwell
$50,000
$189,600
$329,200
Median Trapper Creek Market Value
$50,000
Median Matanuska-susitna County Market Value
$277,600
Median Alaska Market Value
$289,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Trapper Creek, Matanuska-susitna County, Alaska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99683 | $12,050 | $29,100 | $50,000 | $142,400 | $247,750 |
Source: Ownwell
Property Tax Bills Across Trapper Creek, Matanuska-susitna County, Alaska
Property Tax Bills Across Trapper Creek, Matanuska-susitna County, Alaska
Source: Ownwell
$515
$2,179
$3,843
Median Trapper Creek Tax Bill
$515
Median Matanuska-susitna County Tax Bill
$2,908
Median Alaska Tax Bill
$3,874
Median United States Tax Bill
$2,400
Property Tax Bills Across Trapper Creek, Matanuska-susitna County, Alaska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99683 | $111 | $256 | $515 | $966 | $2,307 |
Source: Ownwell