Kila, Montana Property Taxes
The median property tax rate in KILA, MT is 0.68%, which is notably lower than both the national median of 0.99% and the Montana state median of 0.83%. With a median home value of $411,750 in KILA, the typical annual property tax bill amounts to $2,802, slightly above the national median of $2,690. Property taxes in KILA are determined based on the tax assessed value, which is often less than the market value due to various exemptions, such as those for primary residences and agricultural properties. Gaining a comprehensive understanding of KILA's property tax system, exploring available exemptions, and identifying opportunities for reductions can result in significant annual savings. Whether you're residing in KILA or investing in real estate within the city, familiarizing yourself with the local property tax structure is crucial for maximizing your financial benefits.
Last Updated June 14, 2024
Kila, Montana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.68%
Estimate Property Tax Bill
$2,800
Ownwell’s KILA Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in KILA with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in KILA to provide an accurate estimate of your property tax bill. This valuable tool helps you understand potential tax liabilities and plan your finances accordingly. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property's assessed value is determined by the county for tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Kila, Montana
Property taxes in KILA, Montana, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in KILA is 0.68%, which is lower than the U.S. national median of 0.99%. Local government entities within KILA set these rates annually, and they can vary significantly across different neighborhoods. Each year, KILA 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 KILA's effective property tax rate to other counties in Montana and the national median. For comparison, the 59920 zip code has the highest median property tax rate of 0.68%, while the 59920 zip code also has the lowest median tax rate of 0.68%. Understanding how these cities compare with KILA provides valuable insights into the varying tax landscape across Flathead County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Kila Tax Rate
0.68%
Average Flathead County Tax Rate
0.75%
Average Montana Tax Rate
0.83%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kila, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59920 | 0.62% | 0.64% | 0.68% | 0.68% | 0.70% |
Source: Ownwell
Property Tax Assessment Values Across Kila, Montana
In Kila, 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 Flathead 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 Kila, 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 Kila helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 59920 has the highest and lowest median tax bill at $2,802, reflecting the uniformity in tax assessments within the area.
Average Kila Assessed Value
$411,750
Average Flathead County Assessed Value
$447,500
Average Montana Assessed Value
$317,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Kila, Montana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59920 | $66,940 | $261,002 | $411,750 | $601,750 | $793,872 |
Source: Ownwell
Property Tax Bills Across Kila, Montana
Property tax bills in KILA, located in Flathead County, MT, are calculated based on the assessed value of your home and the local tax rate. The assessed value is determined by the county assessor and reflects a percentage of your property's market value. For example, with a median home price of $411,750, various factors such as property size, location, and condition are taken into account. The local tax rate is then applied to this assessed value to determine your annual tax bill. In KILA, property tax bills can vary significantly. Homeowners in the 25th percentile pay around $1,759, while those in the 75th percentile face bills of approximately $4,077. At the higher end, the 90th percentile sees tax bills reaching up to $5,373. These property taxes are essential for funding local services like schools, public safety, and infrastructure. For homeowners, understanding how these taxes are calculated can help in budgeting and planning for future expenses. Comparatively, KILA’s tax rates and bills can be higher or lower than the national median property tax rate of 0.99%, depending on the specific assessed value and local levies.
Average Kila Tax Bill
$2,802
Average Flathead County Tax Bill
$3,622
Average Montana Tax Bill
$2,646
Average United States Tax Bill
$2,690
Property Tax Bills Across Kila, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59920 | $606 | $1,759 | $2,802 | $4,077 | $5,373 |
Source: Ownwell