HousingHandbookReference data

U.S. ZIP Code · AK99645

Matanuska-Susitna Borough · Anchorage, AK

Typical home value

$438,164[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+10.3%
5-year / yr
+5.9%
10-year / yr
+5.2%

Relative price

vs U.S.
+54.2%
vs metro
+5.5%
vs state
+26.0%
ZIP 99645 location in AK
Location of ZIP 99645 in AK

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 99645 is worth $438,164 — 5.5% above the Anchorage, AK median. Over the past year, values have risen 10.3%. Homes here rent for a typical $1,903 a month — a 5.2% gross rental yield. The effective property tax rate is 0.9%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$1,903[2]
Gross yield
5.2%[2]
Cap rate
3.1%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.9%[3]
Typical annual tax
$3,861[3]

#Climate risk

FEMA National Risk Index ratings for Matanuska-Susitna Borough. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively Low
Coastal flood
No Rating
Wildfire
Relatively Moderate
Drought
No Rating
Heat wave
Insufficient Data
Hurricane
Not Applicable
Tornado
Very Low
Earthquake
Relatively High
Winter weather
Relatively High

#Who lives here

Population
32,103[3]
Median household income
$100,455[3]

#Migration

Household moves in and out of Matanuska-Susitna Borough over a year, from IRS tax-return data.

Net migration
+380[5]
Moved in
3,141
Moved out
2,761

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
14
Elementary
8
Middle
1
High
4
  • Colony High School

    High · Grades 9–12 · Matanuska-Susitna Borough School District

    1,092 students

  • Colony Middle School

    Elementary · Grades PK–8 · Matanuska-Susitna Borough School District

    757 students

  • Palmer High School

    High · Grades 9–12 · Matanuska-Susitna Borough School District

    649 students

  • Palmer Middle School

    Middle · Grades 6–8 · Matanuska-Susitna Borough School District

    567 students

  • Pioneer Peak Elementary

    Elementary · Grades PK–5 · Matanuska-Susitna Borough School District

    471 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield5.2%
Net yield (after ~40% expenses)3.1%
Annual rent$22,840

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$2,216
Loan principal$350,532
Down payment$87,633
Total interest paid$447,084

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio1.52
Monthly cost to own$2,902
Monthly rent$1,903

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
94th percentile[1]
Rental yield
25th percentile[2]
Property tax
28th percentile[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 99645?
The typical home in 99645 is worth $438,164, based on the Zillow Home Value Index.
Are home values rising in 99645?
Home values in 99645 are up 10.3% over the past year, and up 5.9% a year over five years.
What is the typical rent in 99645?
A typical home in 99645 rents for about $1,903 a month, a gross rental yield of 5.2%.
What is the property tax rate in 99645?
The effective property tax rate in 99645 is 0.9% — roughly $3,861 a year on a typical home.
Who lives in 99645?
ZIP code 99645 has a population of 32,103 and a median household income of $100,455.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Anchorage, AK

    Typical home
    $444,890
    Gross yield
    4.6%
  • Tanaina CDP, AK

    Typical home
    $428,576
    Gross yield
    4.6%
  • Anchorage, AK

    Typical home
    $415,498
    Gross yield
    5.6%
  • Anchorage, AK

    Typical home
    $471,891
    Gross yield
    5.5%
  • Anchorage, AK

    Typical home
    $399,537
    Gross yield
    5.0%
  • Anchorage, AK

    Typical home
    $483,096
    Gross yield
    5.3%

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