Crow Agency, Montana Property Taxes
The median property tax rate in Crow Agency, MT is 1.02%, slightly higher than both the national median of 0.99% and the Montana state median of 0.83%. With the median home value in Crow Agency at $29,490, the typical annual property tax bill reaches $550, which is significantly lower than the national median of $2,690. Property taxes in Crow Agency are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as primary residence and agricultural exemptions. Understanding Crow Agency'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 Crow Agency or another part of Big Horn County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Crow Agency, Montana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.02%
Estimate Property Tax Bill
$301
$279
Ownwell’s CROW AGENCY Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in CROW AGENCY with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in CROW AGENCY 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 Crow Agency, Montana
Property taxes in Crow Agency, Montana, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Crow Agency is 1.02%, which is higher than the U.S. national median of 0.99%. Local government entities within Crow Agency set these rates annually, and they can vary significantly across different neighborhoods. Each year, Crow Agency 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 Crow Agency's effective property tax rate to other counties in Montana and the national median. For comparison, the 59022 zip code has the highest median property tax rate of 1.02%, while the same 59022 zip code also has the lowest median tax rate of 1.02%. Understanding how these cities compare with Crow Agency provides valuable insights into the varying tax landscape across Big Horn County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Crow Agency Tax Rate
1.02%
Average Big Horn County Tax Rate
1.09%
Average Montana Tax Rate
0.83%
Average United States Tax Rate
0.99%
Property Tax Rates Across Crow Agency, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59022 | 1.02% | 1.02% | 1.02% | 1.02% | 1.10% |
Source: Ownwell
Property Tax Assessment Values Across Crow Agency, Montana
In Crow Agency, 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 Big Horn 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 Crow Agency, 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 Crow Agency helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area both stand at $550.00, specifically in the 59022 zip code.
Average Crow Agency Assessed Value
$29,490
Average Big Horn County Assessed Value
$96,282
Average Montana Assessed Value
$317,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Crow Agency, Montana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59022 | $5,637 | $7,880 | $29,490 | $53,920 | $95,820 |
Source: Ownwell
Property Tax Bills Across Crow Agency, Montana
In Crow Agency, located in Big Horn County, MT, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is a percentage of the market value of the property. Once the assessed value is established, the local tax rate is applied to calculate the annual property tax bill. Several factors influence the assessed value, including the property's location, size, and condition. In Crow Agency, the median home price stands at $29,490. The tax bills vary significantly, with the 25th percentile at $152 and the 75th percentile reaching $851. At the 90th percentile, homeowners can expect a tax bill of around $1,411. These property taxes fund essential local services such as schools, infrastructure, and emergency services. For homeowners, understanding how their tax bill is determined helps in financial planning and anticipating annual expenses. Comparatively, the region's property tax rates can be considered moderate, given the national median property tax rate of 0.99%.
Average Crow Agency Tax Bill
$550
Average Big Horn County Tax Bill
$1,275
Average Montana Tax Bill
$2,646
Average United States Tax Bill
$2,690
Property Tax Bills Across Crow Agency, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59022 | $63 | $152 | $550 | $851 | $1,411 |
Source: Ownwell