Antelope, Montana Property Taxes
The median property tax rate in Antelope, MT is 1.16%, considerably higher than both the national median of 0.99% and the Montana state median of 0.83%. With the median home value in Antelope, the typical annual property tax bill reaches $1,249, exceeding the national median of $2,690. Property taxes in Antelope 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 Antelope'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 Antelope 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
Antelope, Montana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.16%
Estimate Property Tax Bill
$1,144
Ownwell’s Antelope Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Antelope with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Antelope 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 Antelope, Montana
Property taxes in Antelope, Montana, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Antelope is 1.16%, higher than both the Montana state median and the U.S. national median of 0.99%. Local government entities within Antelope set these rates annually, and they can vary significantly across different neighborhoods. Each year, Antelope 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 Antelope's effective property tax rate to other counties in Montana and the national median. For comparison, the 59211 zip code has the highest median property tax rate of 1.16%, while the same zip code also has the lowest median tax rate of 1.16%. Understanding how these cities compare with Antelope provides valuable insights into the varying tax landscape across Sheridan, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Antelope Tax Rate
1.16%
Average Sheridan County Tax Rate
1.29%
Average Montana Tax Rate
0.83%
Average United States Tax Rate
0.99%
Property Tax Rates Across Antelope, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59211 | 1.05% | 1.05% | 1.16% | 1.31% | 1.47% |
Source: Ownwell
Property Tax Assessment Values Across Antelope, Montana
In Antelope, 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 Sheridan 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 Antelope, 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 Antelope helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Antelope is $98,600, with the highest and lowest median tax bills both being $1,249 in zip code 59211.
Average Antelope Assessed Value
$98,600
Average Sheridan County Assessed Value
$91,094
Average Montana Assessed Value
$317,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Antelope, Montana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59211 | $7,920 | $28,455 | $98,600 | $174,526 | $300,213 |
Source: Ownwell
Property Tax Bills Across Antelope, Montana
In Antelope, located in Sheridan County, MT, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the county assessor and reflects a percentage of the property's market value. For homeowners in Antelope, the median home price stands at $98,600. Property taxes are then calculated by multiplying this assessed value by the local tax rate. Several factors influence the final tax bill, including the property's location, any applicable exemptions, and the specific tax rate set by local authorities. For instance, the tax bill at the 25th percentile is $481, while at the 75th percentile, it rises to $2,339. At the 90th percentile, homeowners could see tax bills as high as $4,136. These property taxes fund essential public services such as schools, infrastructure, and emergency services, directly impacting the quality of life for residents. Homeowners must stay informed about their property valuations and any available exemptions to manage their tax liabilities effectively.
Average Antelope Tax Bill
$1,249
Average Sheridan County Tax Bill
$1,221
Average Montana Tax Bill
$2,646
Average United States Tax Bill
$2,690
Property Tax Bills Across Antelope, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59211 | $95 | $481 | $1,249 | $2,339 | $4,136 |
Source: Ownwell