Housing decision brief
Matanuska-Susitna Borough, AK Housing Market
Matanuska-Susitna Borough screens as a higher purchase price, rent that needs comparison, a higher tax-rate signal market. Use the page as a decision brief, not just a price lookup, because local income, taxes, and data confidence change how affordable the county really is.
22nd lowest home value out of 30 Alaska counties with data | 16th lowest rent out of 30
Median home value
$319,200
Purchase-price signal from Census ACS.
Median rent
$1,258/mo
Gross rent, including utilities where reported.
Monthly owner cost
$1,643/mo
Owner costs before individual loan terms.
Decision snapshot
Read this county in four signals.
Buy screen
3.5x
Median home value divided by local household income.
Rent burden
31.0%
At or above the 30% burden threshold.
Rent vs own
$385/mo
Median rent screens below owner cost.
Data confidence
1 note
Crime coverage is partial, so safety comparisons need source context.
What Works
No signal
No strong positive housing signal was available in the current dataset.
What to Check
Tax rate needs attention
1.10% effective property-tax rate is 10% above Alaska county median
Water quality cross-check
Water quality grade is F. Review water data before treating housing cost as the full story.
Health context
Health score is 43.4 out of 100, so affordability should be weighed against local health indicators.
Crime data coverage
Crime data coverage is partial. Treat zero or low crime rates as incomplete until you check the source coverage.
Best Fit For
- No strong fit signal was available in the current dataset.
Poor Fit For
- Buyers focused only on purchase price and ignoring annual property tax
- Buyers who will not investigate local water systems before moving
- Anyone treating reported crime rates as complete without source context
County vs State vs National
The county number only matters after you see the benchmark. These comparisons show where Matanuska-Susitna Borough is genuinely cheap, where it is average, and where the hidden cost may be.
| Metric | County | State | U.S. | Signal |
|---|---|---|---|---|
Median home value Lower usually helps affordability. | $319,200 | $274,050 | $281,900 | 16% pressure16% above Alaska county median |
Median gross rent Lower usually helps affordability. | $1,258 | $1,243 | $1,163 | Near state median1% above Alaska county median |
Monthly owner cost Lower usually helps affordability. | $1,643 | $772 | $1,672 | 113% pressure113% above Alaska county median |
Median household income | $90,625 | $78,158 | $74,755 | 16% favorable16% above Alaska county median |
Effective property-tax rate Lower usually helps affordability. | 1.10% | 1.00% | 1.02% | 10% pressure10% above Alaska county median |
Rent burden Lower usually helps affordability. | 31.00% | 23.00% | N/A | 35% pressure31.00% of renter income goes to rent. |
Income Fit
A low price only helps if local income can carry the monthly cost. This panel compares the county income base with rent and owner-cost thresholds.
Rent cushion
+$40,305
Median income minus rent threshold.
Owner cushion
+$20,211
Median income minus owner-cost threshold.
Affordability Advisory
This turns the raw housing numbers into income and buy-versus-rent screens.
Affordability verdict
Matanuska-Susitna Borough is affordable for renters, with a median gross rent of $1,258/month representing approximately 16.7% of median household income. The rent burden (GRAPI) stands at 31.0%.
Rent vs own
Renters in Matanuska-Susitna Borough pay $1,258/month on average, compared to $1,643/month for homeowners. This market favors renters by about 23%.
Income needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $50,320/year. For owner costs at the 28% rule, the required income is roughly $70,414/year. With a median household income of $90,625, most households can comfortably afford rent here. Notably, 31.0% of renter households in Matanuska-Susitna Borough are cost-burdened, spending more than 30% of income on housing.
Regional context
Matanuska-Susitna Borough sits 5% less expensive than Bristol Bay Borough ($1,318/month) in terms of median gross rent.
Better Counties to Compare
Similar counties are matched on home value, rent, income, and state context. This is more useful than a simple nearest-price list.
| County | Home Value | Rent | Why compare |
|---|---|---|---|
| Chugach Census Area, AK | $330,900 | $1,397/mo | Same-state comparison near $330,900 home value and $1,397/mo rent. |
| Petersburg Borough, AK | $301,300 | $1,208/mo | Same-state comparison near $301,300 home value and $1,208/mo rent. |
| Ketchikan Gateway Borough, AK | $379,000 | $1,388/mo | Same-state comparison near $379,000 home value and $1,388/mo rent. |
| Kenai Peninsula Borough, AK | $297,500 | $1,163/mo | Same-state comparison near $297,500 home value and $1,163/mo rent. |
| Fairbanks North Star Borough, AK | $282,500 | $1,424/mo | Same-state comparison near $282,500 home value and $1,424/mo rent. |
Data Confidence
- Crime coverage is partial, so safety comparisons need source context.
Next Checks
Housing Questions for Matanuska-Susitna Borough
Is Matanuska-Susitna Borough affordable for buying a home?
Is renting or owning cheaper in Matanuska-Susitna Borough?
How much income do you need for housing in Matanuska-Susitna Borough?
What should I double-check before moving to Matanuska-Susitna Borough?
Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.