Toole County Property Taxes
The median property tax rate in Toole County is 1.23%, which is significantly higher than both the national median of 0.99% and the Montana state median of 0.83%. With the median home value in Toole County, the typical annual property tax bill reaches $1,320, which is below the national median of $2,690. Property taxes in Toole County are calculated based on the assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Toole County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Shelby or another part of Toole County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Toole County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.23%
Estimate Property Tax Bill
$1,347
Ownwell’s Toole County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Toole County with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Toole County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property's assessed value is the value assigned to your property by your county for property tax calculations and takes into account any exemptions you may have on your property.
Property Tax Rates Across Toole County, Montana
Property taxes in Toole County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Toole County is 1.23%, which is higher than both the Montana state median and the U.S. national median of 0.99%. Local government entities within Toole County set these rates annually, and they can vary significantly between different areas within the county. Each year, Toole County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Toole County's effective property tax rate with other areas in Montana and the national median. For comparison, the city of Sunburst has one of the higher property tax rates in Montana at 1.26%, while the city of Galata boasts one of the lowest at 0.82%. Analyzing how Toole County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Toole County Tax Rate
1.23%
Average Montana Tax Rate
0.83%
Average United States Tax Rate
0.99%
Property Tax Rates Across Toole County, Montana
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ethridge | 0.91% | 0.93% | 0.95% | 1.25% | 1.73% |
| Galata | 0.76% | 0.77% | 0.82% | 0.88% | 1.00% |
| Kevin | 0.80% | 0.97% | 1.25% | 1.28% | 1.35% |
| Ledger | 0.94% | 1.00% | 1.08% | 1.14% | 1.38% |
| Oilmont | 0.78% | 0.82% | 0.85% | 0.91% | 1.22% |
| Shelby | 0.92% | 1.18% | 1.24% | 1.34% | 1.76% |
| Sunburst | 0.82% | 1.08% | 1.26% | 1.44% | 1.94% |
| Sweet Grass | 0.78% | 0.82% | 0.85% | 0.93% | 1.42% |
| Whitlash | 0.80% | 0.83% | 0.89% | 0.91% | 1.36% |
Source: Ownwell
Property Tax Assessment Values Across Toole County, Montana
In Toole County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Toole County Appraisal District. The assessed value, however, 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. Assessment notices in Toole County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Toole County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. In Toole County, the city with the highest median tax bill is Ledger at $3,744, while Kevin has the lowest at $545.
Average Toole County Assessed Value
$109,500
Average Montana Assessed Value
$317,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Toole County, Montana
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ethridge | $98,699 | $132,894 | $233,572 | $326,386 | $530,719 |
| Galata | $15,010 | $62,710 | $156,934 | $321,122 | $460,726 |
| Kevin | $5,402 | $11,620 | $47,300 | $91,500 | $156,767 |
| Ledger | $134,599 | $194,138 | $321,670 | $455,928 | $577,381 |
| Oilmont | $8,452 | $34,750 | $94,693 | $224,084 | $341,471 |
| Shelby | $19,169 | $63,000 | $117,900 | $189,812 | $269,100 |
| Sunburst | $16,430 | $50,300 | $100,490 | $209,555 | $305,200 |
| Sweet Grass | $5,274 | $23,062 | $76,000 | $163,900 | $291,184 |
| Whitlash | $125,713 | $180,117 | $209,442 | $308,218 | $352,105 |
Source: Ownwell
Property Tax Bills Across Toole County, Montana
In Toole County, MT, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessed value is then multiplied by the county's property tax rate to determine the annual tax bill. Factors such as the property's market value, location, and any applicable exemptions play a significant role in this calculation. For instance, homeowners in Toole County with properties in the 25th percentile can expect tax bills around $686, while those in the 75th percentile may see bills up to $2,273. At the higher end, the 90th percentile tax bills reach approximately $3,339. Comparatively, the national median property tax rate is 0.99%, highlighting the variability within the county. The city of Ledger sees the highest median tax bill at $3,744, whereas Kevin has the lowest at $545. These differences underscore how local assessments and property values impact homeowners' tax obligations, making it essential for property owners to stay informed about their specific circumstances.
Average Toole County Tax Bill
$1,320
Average Montana Tax Bill
$2,646
Average United States Tax Bill
$2,690
Property Tax Bills Across Toole County, Montana
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ethridge | $1,094 | $2,052 | $2,785 | $3,935 | $5,593 |
| Galata | $115 | $464 | $1,466 | $2,855 | $4,249 |
| Kevin | $67 | $169 | $545 | $1,011 | $1,811 |
| Ledger | $1,257 | $2,241 | $3,744 | $5,144 | $7,326 |
| Oilmont | $97 | $319 | $861 | $2,446 | $3,614 |
| Shelby | $381 | $852 | $1,444 | $2,285 | $3,100 |
| Sunburst | $309 | $679 | $1,232 | $2,091 | $3,419 |
| Sweet Grass | $56 | $218 | $674 | $1,374 | $3,844 |
| Whitlash | $1,095 | $1,566 | $2,495 | $3,082 | $3,551 |
Source: Ownwell