Sand Coulee, Montana Property Taxes
The median property tax rate in Sand Coulee, MT is 1.00%, slightly higher than both the national median of 0.99% and the Montana state median of 0.83%. With the median home value in Sand Coulee at $185,450, the typical annual property tax bill reaches $1,766, which is below the national median of $2,690. Property taxes in Sand Coulee are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Sand Coulee's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Sand Coulee or another part of Cascade County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Sand Coulee, Montana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1%
Estimate Property Tax Bill
$1,855
Ownwell’s Sand Coulee Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Sand Coulee with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Sand Coulee to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Sand Coulee, Montana
Property taxes in Sand Coulee, Montana, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Sand Coulee is 1.00%, which is higher than the U.S. national median of 0.99%. Local government entities within Sand Coulee set these rates annually, and they can vary significantly across different neighborhoods. Each year, Sand Coulee estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Sand Coulee's effective property tax rate to other areas in Cascade County and the national median. For comparison, the zip code 59472 has both the highest and lowest median property tax rate of 1.00%. Understanding how these areas compare with Sand Coulee provides valuable insights into the varying tax landscape across Cascade County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Sand Coulee Tax Rate
1.00%
Average Cascade County Tax Rate
1.00%
Average Montana Tax Rate
0.83%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sand Coulee, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59472 | 0.80% | 0.96% | 1.00% | 1.04% | 1.14% |
Source: Ownwell
Property Tax Assessment Values Across Sand Coulee, Montana
In Sand Coulee, Montana, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Cascade County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Sand Coulee, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Sand Coulee helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $1,766, found in the zip code 59472.
Average Sand Coulee Assessed Value
$185,450
Average Cascade County Assessed Value
$238,100
Average Montana Assessed Value
$317,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Sand Coulee, Montana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59472 | $41,840 | $95,458 | $185,450 | $275,764 | $410,632 |
Source: Ownwell
Property Tax Bills Across Sand Coulee, Montana
In Sand Coulee, located in Cascade County, MT, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by local assessors who evaluate the market value of properties. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. For instance, with a median home price of $185,450, homeowners in Sand Coulee can expect to pay varying amounts in property taxes. The 25th percentile tax bill is approximately $961, while the 75th percentile reaches up to $2,664. At the 90th percentile, tax bills can soar to $3,868. These figures indicate a range of potential tax liabilities, influenced by factors such as property size, location, and market conditions. Comparing these rates to the national median property tax rate of 0.99%, homeowners in Sand Coulee may find their tax burdens relatively moderate or high, depending on specific property assessments. This variability in tax bills significantly impacts household budgets and long-term financial planning for residents.
Average Sand Coulee Tax Bill
$1,766
Average Cascade County Tax Bill
$2,346
Average Montana Tax Bill
$2,646
Average United States Tax Bill
$2,690
Property Tax Bills Across Sand Coulee, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59472 | $471 | $961 | $1,766 | $2,664 | $3,868 |
Source: Ownwell