Saint Xavier, Montana Property Taxes
The median property tax rate in Saint Xavier, 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 Saint Xavier at $114,900, the typical annual property tax bill reaches $1,634, which is below the national median of $2,690. Property taxes in Saint Xavier 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 Xavier'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 Xavier 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 Xavier, 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 Xavier Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Saint Xavier with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Saint Xavier 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 Xavier, Montana
Property taxes in Saint Xavier, Montana, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Saint Xavier is 1.02%, higher than both the Montana state median and the U.S. national median of 0.99%. Local government entities within Saint Xavier set these rates annually, and they can vary significantly across different neighborhoods. Each year, Saint Xavier 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 Xavier's effective property tax rate to other counties in Montana and the national median. For comparison, the 59075 zip code has the highest median property tax rate of 1.02%, while the same zip code also has the lowest median tax rate of 1.02%. Understanding how these areas compare with Saint Xavier 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 Saint Xavier 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 Saint Xavier, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59075 | 1.02% | 1.02% | 1.02% | 1.06% | 1.19% |
Source: Ownwell
Property Tax Assessment Values Across Saint Xavier, Montana
In Saint Xavier, 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 local 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 Xavier, 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 Saint Xavier helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $1,634 in zip code 59075, which is also the lowest, reflecting a consistent tax landscape across the region.
Average Saint Xavier Assessed Value
$114,900
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 Saint Xavier, Montana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59075 | $8,960 | $34,720 | $114,900 | $267,721 | $364,620 |
Source: Ownwell
Property Tax Bills Across Saint Xavier, Montana
In Saint Xavier, located in Big Horn County, MT, property tax bills are calculated based on the assessed value of your home. The assessed value is determined by the county assessor, who evaluates the property's market value and applies a specific assessment ratio. This assessed value is then multiplied by the local tax rate to determine your annual property tax bill. Several factors influence the final tax amount, including property size, location, and any improvements made to the property. For instance, the median home price in Saint Xavier is $114,900, which gives a baseline for understanding potential tax bills. Homeowners in the 25th percentile can expect to pay around $760 annually, while those in the 75th percentile might see bills closer to $3,097. At the higher end, the 90th percentile tax bill can reach up to $4,197. These taxes fund essential local services such as schools, public safety, and infrastructure, directly impacting the quality of life for homeowners in the area. The median property tax rate in Saint Xavier is notably lower than the national median of 0.99%, making it relatively affordable for residents.
Average Saint Xavier Tax Bill
$1,634
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 Saint Xavier, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59075 | $128 | $760 | $1,634 | $3,097 | $4,197 |
Source: Ownwell