Carter County Property Taxes
The median property tax rate in Carter County is 0.41%, which is significantly lower than both the national median of 0.99% and the Montana state median of 0.83%. With the median home value in Carter County at $74,600, the typical annual property tax bill is $421, far below the national median of $2,690. Property taxes in Carter County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions, such as the primary residence and agricultural exemptions. Understanding Carter County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Ekalaka or another part of Carter County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Carter County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.41%
Estimate Property Tax Bill
$306
Ownwell’s Carter County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Carter County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Carter County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Carter County, Montana
Property taxes in Carter County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Carter County is 0.41%, which is significantly lower than the U.S. national median of 0.99%. Local government entities within Carter County set these rates annually, and they can vary significantly between different areas within the county. Each year, Carter County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Carter County's effective property tax rate with other areas in Montana and the national median. For comparison, the city of Ekalaka has one of the higher property tax rates in Montana at 0.51%, while the city of Ismay boasts one of the lowest at 0.42%. Analyzing how Carter County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Carter County Tax Rate
0.41%
Average Montana Tax Rate
0.83%
Average United States Tax Rate
0.99%
Property Tax Assessment Values Across Carter County, Montana
In Carter County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Carter County Appraisal District. The assessed value, however, 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. Assessment notices in Carter County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. The median property tax bill in Carter County is $575 in Plevna, the highest in the county, compared to $335 in Alzada, the lowest. Being aware of these valuation processes in Carter County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Carter County Assessed Value
$74,600
Average Montana Assessed Value
$317,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Carter County, Montana
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alzada | $5,638 | $19,704 | $73,605 | $159,630 | $283,412 |
| Boyes | $34,788 | $44,960 | $103,099 | $150,265 | $230,168 |
| Capitol | $40,344 | $59,626 | $92,140 | $177,297 | $441,051 |
| Ekalaka | $15,786 | $30,900 | $69,300 | $135,182 | $232,690 |
| Hammond | $34,600 | $68,319 | $116,564 | $177,342 | $247,993 |
| Ismay | $122,694 | $122,767 | $122,888 | $123,010 | $123,082 |
| Plevna | $48,681 | $93,157 | $144,486 | $232,476 | $342,941 |
Source: Ownwell
Property Tax Bills Across Carter County, Montana
In Carter County, MT, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The median home price in Carter County is $74,600. To calculate the tax bill, the assessed value is multiplied by the county's property tax rate, which is then adjusted based on applicable exemptions and deductions. Homeowners in Carter County can expect varying tax bills depending on their property's value and location. For instance, the 25th percentile tax bill is $213, while the 75th percentile reaches $672. The 90th percentile tax bill is $1,071, indicating a significant range in property tax obligations. The highest median tax bill is found in Plevna at $575, whereas Alzada has the lowest at $335. These property taxes fund essential local services such as schools, public safety, and infrastructure, directly impacting the community's quality of life. Compared to the national median property tax rate of 0.99%, Carter County's property taxes are relatively modest, providing homeowners with an affordable tax environment.
Average Carter County Tax Bill
$421
Average Montana Tax Bill
$2,646
Average United States Tax Bill
$2,690