Bridger, Carbon County, Montana Property Taxes
The median property tax rate in Bridger, MT is 0.65%, considerably lower than both the national median of 0.99% and the Montana state median of 0.83%. With the median home value in Bridger at $173,293, the typical annual property tax bill reaches $1,275, significantly below the national median of $2,690. Property taxes in Bridger are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Bridger'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 Bridger or another part of Carbon County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Bridger, Carbon County, Montana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.65%
Estimate Property Tax Bill
$1,126
$1,045
Ownwell’s Bridger Property Tax Bill Calculator allows homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Bridger with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Bridger to provide an estimate of your property tax bill. This valuable tool helps you understand potential tax liabilities and make informed decisions. For those interested in more localized trends, additional neighborhood-level information is available below. Your property’s assessed value, determined by the county, is used for property tax calculations and includes any applicable exemptions.
Property Tax Rates Across Bridger, Carbon County, Montana
Property taxes in Bridger, Montana, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bridger is 0.65%, lower than both the Montana state median and the U.S. national median of 0.99%. Local government entities within Bridger set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bridger 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 Bridger's effective property tax rate to other counties in Montana and the national median. For comparison, the 59014 zip code has the highest median property tax rate of 0.65%, while the 59014 zip code has the lowest median tax rate of 0.65%. Understanding how these cities compare with Bridger provides valuable insights into the varying tax landscape across Carbon County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bridger Tax Rate
0.65%
Average Carbon County Tax Rate
0.61%
Average Montana Tax Rate
0.83%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bridger, Carbon County, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59014 | 0.51% | 0.58% | 0.65% | 0.80% | 0.81% |
Source: Ownwell
Property Tax Assessment Values Across Bridger, Carbon County, Montana
In Bridger, 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 Carbon 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 Bridger, 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 Bridger helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Bridger are both recorded at $1,275 in the 59014 zip code.
Property Tax Assessment Values Across Bridger, Carbon County, Montana
Source: Ownwell
$140,200
$261,859
$383,518
Average Bridger Assessed Value
$173,293
Average Carbon County Assessed Value
$299,384
Average Montana Assessed Value
$317,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bridger, Carbon County, Montana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59014 | $24,502 | $87,217 | $173,293 | $283,550 | $447,221 |
Source: Ownwell
Property Tax Bills Across Bridger, Carbon County, Montana
In Bridger, located in Carbon County, MT, property tax bills are determined by assessing the market value of a home and applying the local tax rate to that value. The median home price in Bridger is $173,293. Property taxes are calculated by multiplying the assessed value of the property by the tax rate set by local authorities. Factors such as property size, location, and any improvements or renovations can influence the assessed value. For homeowners in Bridger, property tax bills can vary significantly. The 25th percentile tax bill is around $613, while the 75th percentile reaches $1,897. At the 90th percentile, the tax bill can be as high as $2,744. These variations highlight the impact of property value assessments and local tax rates on individual tax bills. Compared to the national median property tax rate of 0.99%, Bridger's property tax rates offer a range that can be either more affordable or more costly, depending on specific property assessments and local levies.
Average Bridger Tax Bill
$1,275
Average Carbon County Tax Bill
$2,004
Average Montana Tax Bill
$2,646
Average United States Tax Bill
$2,690
Property Tax Bills Across Bridger, Carbon County, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59014 | $221 | $613 | $1,275 | $1,897 | $2,744 |
Source: Ownwell