Townsend, Broadwater County, Montana Property Taxes
Median Townsend, MT effective property tax rate: 0.78%, significantly lower than the national median of 1.02%, but lower than the Montana state median of 0.83%.
Median Townsend, MT home value: $296,120
Median annual Townsend, MT tax bill: $2,383, $17 lower than the national median property tax bill of $2,400.
How are property taxes in Broadwater calculated?
Property taxes in Townsend, MT are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Townsend’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Townsend, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Townsend, Broadwater County, Montana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.78%
Estimate Property Tax Bill
$2,310
$2,143
Property Tax Rates Across Townsend, Broadwater County, Montana
Local government entities determine tax rates, which can differ significantly within a state. This variation arises because each county annually calculates the budget needed to provide services and divides it by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and legislative actions play a role in setting these rates and budgets, this is the core of the annual process.
In Townsend, located in Broadwater County, the effective property tax rate stands at 0.78%. This rate is consistent with the highest and lowest median tax rates within the county, both recorded at 0.78%. When compared to the national median property tax rate of 1.02%, Townsend's rate is notably lower, offering a more affordable tax environment for property owners. The national median property tax bill is $2400, and Townsend's rates present a compelling case for those seeking lower property tax obligations. This comparison highlights Townsend's favorable tax position within Montana and across the United States.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Townsend Tax Rate
0.78%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Broadwater County Tax Rate
0.74%
Median Effective Montana Tax Rate
0.83%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Townsend, Broadwater County, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59644 | 0.68% | 0.72% | 0.78% | 0.85% | 0.94% |
Source: Ownwell
Property Tax Assessment Values Across Townsend, Broadwater County, Montana
When examining property taxes in Townsend, MT, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Broadwater County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices: In Broadwater County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Townsend. For example, the median home price in Townsend is $296,120, with tax bills ranging significantly across the county. Zip code 59644 has the highest median home price at $296,120.
Property Tax Assessment Values Across Townsend, Broadwater County, Montana
Source: Ownwell
$214,796
$371,448
$528,100
Median Townsend Market Value
$296,120
Median Broadwater County Market Value
$343,900
Median Montana Market Value
$317,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Townsend, Broadwater County, Montana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59644 | $29,515 | $152,402 | $296,120 | $419,175 | $548,756 |
Source: Ownwell
Property Tax Bills Across Townsend, Broadwater County, Montana
Median Townsend Tax Bill
$2,383
Median Broadwater County Tax Bill
$2,664
Median Montana Tax Bill
$2,646
Median United States Tax Bill
$2,400
Property Tax Bills Across Townsend, Broadwater County, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59644 | $350 | $1,328 | $2,383 | $3,147 | $4,043 |
Source: Ownwell