Saint Regis, Montana Property Taxes
The median property tax rate in Saint Regis, MT is 0.75%, lower than both the national median of 0.99% and the Montana state median of 0.83%. With the median home value in Saint Regis, the typical annual property tax bill reaches $1,693, which is below the national median of $2,690. Property taxes in Saint Regis are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Saint Regis'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 Saint Regis or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Saint Regis, Montana Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.83%
Estimate Property Tax Bill
$1,660
Ownwell’s Saint Regis Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Saint Regis with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Saint Regis 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 Saint Regis, Montana
Property taxes in Saint Regis, Montana, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Saint Regis is 0.75%, lower than both the Montana state median and the U.S. national median of 0.99%. Local government entities within Saint Regis set these rates annually, and they can vary significantly across different neighborhoods. Each year, Saint Regis 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 Saint Regis's effective property tax rate to other counties in Montana and the national median. For comparison, the 59866 zip code has the highest median property tax rate of 0.75%, while the same 59866 zip code has the lowest median tax rate of 0.75%. Understanding how these cities compare with Saint Regis provides valuable insights into the varying tax landscape across Mineral County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Saint Regis Tax Rate
0.75%
Average Mineral County Tax Rate
0.79%
Average Montana Tax Rate
0.83%
Average United States Tax Rate
0.99%
Property Tax Rates Across Saint Regis, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59866 | 0.56% | 0.74% | 0.75% | 0.79% | 0.80% |
Source: Ownwell
Property Tax Assessment Values Across Saint Regis, Montana
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Saint Regis, Montana. 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 Mineral 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 Saint Regis, 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. For instance, the 25th percentile tax bill in Saint Regis is $858, while the 75th percentile reaches $2785. Notably, the zip code with the highest and lowest median tax bill is 59866, both at $1693. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Saint Regis Assessed Value
$209,458
Average Mineral County Assessed Value
$209,700
Average Montana Assessed Value
$317,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Saint Regis, Montana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59866 | $7,780 | $62,362 | $209,458 | $361,200 | $488,140 |
Source: Ownwell
Property Tax Bills Across Saint Regis, Montana
In Saint Regis, located in Mineral County, MT, property tax bills are calculated based on the assessed value of the property and the local tax rate. The assessed value is determined by the county assessor and reflects a percentage of the property's market value. 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 $209,458, homeowners in Saint Regis can expect varying tax bills. The 25th percentile tax bill is around $858, while those in the 75th percentile pay approximately $2,785. The highest tax bills, at the 90th percentile, reach up to $3,824. These figures show a range of property tax burdens, influenced by both property values and specific local tax rates. Compared to the national median property tax rate of 0.99%, Saint Regis offers a diverse landscape of tax obligations. This variability significantly impacts homeowners, influencing their overall financial planning and long-term investment in their properties.
Average Saint Regis Tax Bill
$1,693
Average Mineral County Tax Bill
$1,827
Average Montana Tax Bill
$2,646
Average United States Tax Bill
$2,690
Property Tax Bills Across Saint Regis, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59866 | $117 | $858 | $1,693 | $2,785 | $3,824 |
Source: Ownwell