Willow, Matanuska-susitna County, Alaska Property Taxes
Property Taxes in Willow, Alaska
Median Willow, Alaska effective property tax rate: 1.51%, significantly higher than the national median of 1.02%, and higher than the Alaska state median of 1.16%.
Median Willow, Alaska home value: $48,300
Median annual Willow, Alaska tax bill: $583, lower than the national median property tax bill of $2,400.
How are property taxes in Matanuska-Susitna calculated?
Property taxes in Willow, 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 Willow's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Willow, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Willow, Matanuska-susitna County, Alaska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.51%
Estimate Property Tax Bill
$729
$677
How Does the WILLOW Property Tax Calculator Work?
Use this WILLOW property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies WILLOW's median effective tax rate of 1.51% — 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 WILLOW'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 WILLOW: rates range from $107.00 in 99683 to $588.00 in 99688, 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 WILLOW.
About Willow Property Taxes
About Property Taxes in Willow, Matanuska-Susitna, Alaska
Willow’s median effective property tax rate of 1.51% is higher 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 Willow. Homeowners in ZIP code 99688 carry a median effective rate of 1.51%, while those in 99683 pay 1.34%. This spread reflects how school district boundaries and local assessment districts are drawn across Matanuska-Susitna County.
Willow homeowners who believe their assessed value is too high can file a formal appeal with the 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 Willow, 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 Willow's effective property tax rate to other cities in Alaska and the median property tax rates in Alaska and the U.S.
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 Willow Tax Rate
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 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 Willow, Matanuska-susitna County, Alaska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99683 | 1.34% | 1.34% | 1.34% | 1.34% | 1.34% |
| 99688 | 1.12% | 1.46% | 1.51% | 1.58% | 1.64% |
Source: Ownwell
Property Tax Assessment Values Across Willow, Matanuska-susitna County, Alaska
When examining property taxes in Willow, 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 the spring 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. The median home price in Willow is $48,300, with tax bills ranging significantly across the county. Zip code 99688 has the highest median home price at $49,100.
Property Tax Assessment Values Across Willow, Matanuska-susitna County, Alaska
Source: Ownwell
$8,000
$175,525
$343,050
Median Willow Market Value
$48,300
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 Willow, Matanuska-susitna County, Alaska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99683 | $7,000 | $7,450 | $8,000 | $13,200 | $50,400 |
| 99688 | $5,980 | $13,400 | $49,100 | $194,800 | $395,500 |
Source: Ownwell
Property Tax Bills Across Willow, Matanuska-susitna County, Alaska
How are property tax bills calculated in Willow?
Property tax bills in Willow are based on the assessed value of a home, which is then multiplied by the local tax rate. Local assessors determine the market value of the property, and that value is used to calculate the tax bill. Factors such as the home’s location, size, condition, and any applicable exemptions can affect the final amount. With a median home price of $48,300, even small changes in assessed value can make a noticeable difference in what homeowners owe.
What do Willow homeowners typically pay?
Property tax bills in Willow vary widely. The 25th percentile tax bill is $182, while the 75th percentile tax bill is $2,040 and the 90th percentile tax bill is $5,073. The highest median tax bill is $588 in zip code 99688, while the lowest median tax bill is $107 in zip code 99683. These differences show how property taxes can affect homeowners unevenly, even within the same area.
Median Willow Tax Bill
$583
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 Willow, Matanuska-susitna County, Alaska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99683 | $92 | $100 | $107 | $118 | $162 |
| 99688 | $79 | $182 | $588 | $2,055 | $5,086 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | February 27 |
Links | |
|---|---|
| Matanuska-Susitna Tax Assessor | |
| Website | myproperty.matsugov.us |