Hilger, Montana Property Taxes
The median property tax rate in Hilger, MT is 0.84%, slightly higher than the state median of 0.83% but below the national median of 0.99%. With a median home value of $184,188 in Hilger, the typical annual property tax bill amounts to $1,697, which is significantly lower than the national median of $2,690. Property taxes in Hilger are calculated based on the tax assessed value, which often falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Hilger'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 Hilger or another part of Fergus County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Hilger, Montana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.84%
Estimate Property Tax Bill
$1,547
Ownwell’s Hilger Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Hilger with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hilger 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 Hilger, Montana
Property taxes in Hilger, Montana, are crucial in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Hilger is 0.84%, which is lower than the U.S. national median of 0.99%. Local government entities within Hilger set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hilger 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 Hilger's effective property tax rate to other counties in Montana and the national median. For comparison, the 59451 zip code has the highest median property tax rate of 0.84%, while the same 59451 zip code also has the lowest median tax rate of 0.84%. Understanding how these areas compare with Hilger provides valuable insights into the varying tax landscape across Fergus County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Hilger Tax Rate
0.84%
Average Fergus County Tax Rate
0.99%
Average Montana Tax Rate
0.83%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hilger, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59451 | 0.75% | 0.79% | 0.84% | 0.98% | 1.06% |
Source: Ownwell
Property Tax Assessment Values Across Hilger, Montana
In Hilger, 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 Fergus 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 Hilger, 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 Hilger helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 59451 in Hilger has a median tax bill of $1697, reflecting the local property tax dynamics.
Average Hilger Assessed Value
$184,188
Average Fergus County Assessed Value
$177,627
Average Montana Assessed Value
$317,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Hilger, Montana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59451 | $15,119 | $65,665 | $184,188 | $313,572 | $478,792 |
Source: Ownwell
Property Tax Bills Across Hilger, Montana
In Hilger, Fergus County, MT, property tax bills are determined using the assessed value of a home and the local tax rate. The assessed value is typically a percentage of the market value of the property. For instance, with a median home price of $184,188, the assessed value is calculated, and then the tax rate is applied to determine the tax bill. The local tax rate can vary, but it is essential to note that the national median property tax rate is 0.99%. Several factors influence the property tax bill, including property size, location, and any applicable exemptions. Homeowners in Hilger can expect their tax bills to vary significantly; the 25th percentile tax bill is around $630, while the 75th percentile reaches $2,964, and the 90th percentile can be as high as $4,206. This range indicates that while some homeowners may find their tax bills manageable, others might face a more substantial financial burden. Understanding these factors is crucial for homeowners to anticipate and manage their property tax obligations effectively.
Average Hilger Tax Bill
$1,697
Average Fergus County Tax Bill
$1,787
Average Montana Tax Bill
$2,646
Average United States Tax Bill
$2,690
Property Tax Bills Across Hilger, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59451 | $163 | $630 | $1,697 | $2,964 | $4,206 |
Source: Ownwell