Carbon County, Montana Property Taxes

Name: Property Tax Bills Across Carbon County, Montana
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Carbon County effective property tax rate: 0.61%, significantly lower than the national median of 1.02%.
Median Carbon County home value: $299,384
Median annual Carbon County tax bill: $2,004, $396 lower than the national median property tax bill of $2,400.

How are property taxes in Carbon County calculated?

Property taxes in Carbon County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Red Lodge or another part of Carbon County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Carbon County, Montana Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.61%

Estimate Property Tax Bill

$1,826

$1,695

Ownwell’s Carbon County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Carbon County with just two data points. By entering your property's estimated assessed value, our calculator applies Carbon County’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Carbon County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Carbon County, Montana

Local government entities in Montana set tax rates, which can vary widely within the state. This variation occurs because each county annually estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

Below, you can compare Carbon County's effective property tax rate to other counties in Montana or the U.S. median property tax rate. With a median property tax rate of 0.61%, Carbon County falls below the national median property tax rate of 1.02%. Within the state, Bearcreek holds the highest median tax rate at 0.83%, while Roscoe boasts the lowest at 0.51%. These differences highlight the importance of understanding local tax rates, as they significantly impact property tax bills. By appealing or seeking exemptions, property owners can potentially reduce their tax burden and save money.

Property Tax Rates Across Carbon County, Montana

Source: Ownwell

0.51%

0.67%

0.83%

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 Carbon County Tax Rate

0.61%

Median Effective Montana Tax Rate

0.83%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Carbon County, Montana

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Absarokee	0.51%	0.51%	0.52%	0.57%	0.64%
Bearcreek	0.58%	0.64%	0.83%	1.09%	1.54%
Belfry	0.49%	0.50%	0.51%	0.53%	0.60%
Boyd	0.54%	0.54%	0.59%	0.60%	0.61%
Bridger	0.51%	0.58%	0.65%	0.80%	0.81%
Edgar	0.57%	0.59%	0.65%	0.67%	0.74%
Fromberg	0.57%	0.58%	0.72%	0.73%	0.80%
Joliet	0.54%	0.54%	0.57%	0.65%	0.65%
Laurel	0.60%	0.60%	0.60%	0.60%	0.63%
Red Lodge	0.57%	0.58%	0.69%	0.75%	0.81%
Roberts	0.54%	0.55%	0.58%	0.62%	0.78%
Roscoe	0.51%	0.51%	0.51%	0.51%	0.53%
Billings	N/A	N/A	N/A	N/A	N/A
Columbus	N/A	N/A	N/A	N/A	N/A
Silesia	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Carbon County, Montana

When examining property taxes in Carbon County, 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 Carbon County Department of Revenue 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: Assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of June. 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 Carbon County. For example, the median tax bill in Carbon County is $2,616, with tax bills ranging significantly across the county. Red Lodge has the highest median home price at $383,518.

Property Tax Assessment Values Across Carbon County, Montana

Source: Ownwell

$140,200

$261,859

$383,518

Median Carbon County Market Value

$299,384

Median Montana Market Value

$317,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Carbon County, Montana

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Absarokee	$145,196	$259,144	$333,100	$474,137	$832,341
Bearcreek	$27,042	$44,681	$153,700	$246,650	$332,700
Belfry	$21,922	$87,137	$168,838	$315,125	$510,031
Boyd	$34,224	$164,300	$320,747	$464,594	$642,558
Bridger	$24,502	$87,217	$173,293	$283,550	$447,221
Edgar	$34,118	$102,417	$164,100	$215,069	$330,076
Fromberg	$20,768	$65,460	$140,200	$258,376	$429,680
Joliet	$32,109	$135,350	$249,874	$416,860	$589,313
Laurel	$184,768	$266,000	$345,670	$438,175	$524,490
Red Lodge	$136,725	$261,425	$383,518	$536,875	$753,860
Roberts	$40,750	$146,710	$291,700	$472,297	$675,841
Roscoe	$165,736	$218,289	$322,764	$485,000	$730,217
Billings	N/A	N/A	N/A	N/A	N/A
Columbus	N/A	N/A	N/A	N/A	N/A
Silesia	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Carbon County, Montana

In Carbon County, Montana, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is a percentage of the market value, which is estimated by the county assessor. Various factors, such as property size, location, and improvements, influence this market value. Homeowners in Carbon County experience a range of tax bills, with the 25th percentile at $1,087 and the 75th percentile at $2,908. At the 90th percentile, tax bills can reach up to $4,010. These figures show a wide variation compared to the national median property tax bill of $2,400. The highest median tax bill in the county is found in Red Lodge at $2,616, while Belfry has the lowest at $876. Understanding these factors is crucial for homeowners, as property taxes significantly impact annual expenses. By knowing how their tax bill is calculated, homeowners can better anticipate and manage their financial obligations.

Property Tax Bills Across Carbon County, Montana

Source: Ownwell

$876

$1,746

$2,616

Median Carbon County Tax Bill

$2,004

Median Montana Tax Bill

$2,646

Median United States Tax Bill

$2,400

Property Tax Bills Across Carbon County, Montana

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Absarokee	$825	$1,463	$1,770	$2,706	$4,208
Bearcreek	$301	$591	$1,318	$2,018	$2,379
Belfry	$161	$465	$876	$1,700	$2,567
Boyd	$196	$883	$1,930	$2,793	$3,575
Bridger	$221	$613	$1,275	$1,897	$2,744
Edgar	$224	$487	$1,043	$1,364	$2,068
Fromberg	$191	$501	$988	$1,709	$2,610
Joliet	$263	$860	$1,512	$2,358	$3,309
Laurel	$1,112	$1,628	$2,059	$2,620	$3,299
Red Lodge	$915	$1,894	$2,616	$3,520	$4,561
Roberts	$446	$1,026	$1,724	$2,747	$3,979
Roscoe	$791	$1,081	$1,632	$2,476	$3,695
Billings	N/A	N/A	N/A	N/A	N/A
Columbus	N/A	N/A	N/A	N/A	N/A
Silesia	N/A	N/A	N/A	N/A	N/A

Source: Ownwell