Cascade County Property Taxes
The median property tax rate in Cascade County is 1.00%, which is slightly higher than the national median of 0.99% and significantly above the Montana state median of 0.83%. With a median home value of $238,100 in Cascade County, the typical annual property tax bill amounts to $2,346, which is below the national median of $2,690. Property taxes in Cascade County are calculated based on the tax assessed value, which is often lower than the actual market value due to various property tax exemptions, such as those for primary residences and agricultural properties. Understanding Cascade County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide substantial annual savings. Whether you reside in Great Falls or another part of Cascade County, gaining comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Cascade County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1%
Estimate Property Tax Bill
$2,381
$2,210
Ownwell’s Cascade County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Cascade County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Cascade County to estimate your property tax bill. This insightful tool 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 Cascade County, Montana
Property taxes in Cascade County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Cascade County is 1.00%, which is higher than both the Montana state median and the U.S. national median of 0.99%. Local government entities within Cascade County set these rates annually, and they can vary significantly between different areas within the county. Each year, Cascade 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 Cascade County's effective property tax rate with other counties in Montana and the national median. For comparison, the city of Simms has one of the higher property tax rates in Montana at 1.13%, while the city of Monarch boasts one of the lowest at 0.68%. Analyzing how Cascade County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Cascade County Tax Rate
1.00%
Average Montana Tax Rate
0.83%
Average United States Tax Rate
0.99%
Property Tax Rates Across Cascade County, Montana
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Belt | 0.66% | 0.68% | 0.71% | 0.82% | 0.87% |
Black Eagle | 0.80% | 0.94% | 1.10% | 1.23% | 1.55% |
Cascade | 0.63% | 0.66% | 0.72% | 0.79% | 0.84% |
Fairfield | 0.45% | 0.86% | 0.90% | 1.00% | 1.14% |
Floweree | 0.78% | 0.82% | 0.84% | 0.91% | 0.95% |
Fort Shaw | 0.86% | 0.90% | 0.96% | 1.23% | 2.05% |
Great Falls | 0.75% | 0.95% | 1.01% | 1.04% | 1.09% |
Monarch | 0.63% | 0.66% | 0.68% | 0.71% | 0.75% |
Neihart | 0.66% | 0.68% | 0.70% | 0.73% | 0.76% |
Power | 0.83% | 0.86% | 0.89% | 0.92% | 0.95% |
Raynesford | 0.80% | 0.80% | 0.80% | 0.80% | 0.80% |
Sand Coulee | 0.80% | 0.96% | 1.00% | 1.04% | 1.14% |
Simms | 0.86% | 0.92% | 1.13% | 1.33% | 1.76% |
Stockett | 0.95% | 0.98% | 1.02% | 1.11% | 1.26% |
Sun River | 0.84% | 0.89% | 0.94% | 1.08% | 1.57% |
Ulm | 0.65% | 0.71% | 0.73% | 0.76% | 0.80% |
Vaughn | 0.70% | 0.83% | 0.88% | 0.94% | 1.05% |
Source: Ownwell
Property Tax Assessment Values Across Cascade County, Montana
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Cascade County, MT. 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 Cascade 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 Cascade 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. For instance, Fort Shaw has the highest median tax bill at $2,748, while Neihart has the lowest at $1,142. Being aware of these valuation processes in Cascade County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Cascade County Assessed Value
$238,100
Average Montana Assessed Value
$317,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Cascade County, Montana
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Belt | $51,222 | $147,432 | $247,150 | $371,939 | $580,579 |
Black Eagle | $30,634 | $99,620 | $156,115 | $199,400 | $259,650 |
Cascade | $59,105 | $138,927 | $243,650 | $409,951 | $641,800 |
Fairfield | $26,760 | $47,700 | $240,681 | $303,700 | $334,120 |
Floweree | $174,405 | $230,700 | $314,100 | $431,696 | $534,968 |
Fort Shaw | $36,435 | $151,392 | $245,234 | $337,627 | $451,301 |
Great Falls | $74,480 | $181,200 | $240,200 | $319,900 | $441,700 |
Monarch | $87,157 | $144,818 | $233,400 | $340,919 | $486,800 |
Neihart | $24,300 | $81,330 | $163,700 | $232,436 | $328,800 |
Power | $228,005 | $258,270 | $281,000 | $358,368 | $454,537 |
Raynesford | $275,765 | $275,765 | $275,765 | $275,765 | $275,765 |
Sand Coulee | $41,840 | $95,458 | $185,450 | $275,764 | $410,632 |
Simms | $29,320 | $122,362 | $202,567 | $276,540 | $347,540 |
Stockett | $40,980 | $82,195 | $178,800 | $273,320 | $369,084 |
Sun River | $25,610 | $112,140 | $216,630 | $325,964 | $434,560 |
Ulm | $49,905 | $191,780 | $286,500 | $392,300 | $518,200 |
Vaughn | $18,335 | $63,147 | $194,529 | $295,854 | $419,930 |
Source: Ownwell
Property Tax Bills Across Cascade County, Montana
In Cascade County, MT, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is a percentage of the market value of the property. Factors such as property type, location, and any improvements made to the home are considered in this assessment. Once the assessed value is established, it is multiplied by the local tax rate to determine the annual tax bill. For homeowners in Cascade County, the tax bills can vary significantly. The median home price in the county is $238,100, and the tax bill for the 25th percentile is approximately $1,558, while the 75th percentile sees tax bills around $3,053. At the higher end, the 90th percentile tax bill reaches $4,106. Homeowners in Fort Shaw face the highest median tax bill at $2,748, whereas those in Neihart experience the lowest at $1,142. Compared to the national median property tax rate of 0.99%, Cascade County's rates reflect a diverse range of tax obligations for its residents.
Average Cascade County Tax Bill
$2,346
Average Montana Tax Bill
$2,646
Average United States Tax Bill
$2,690
Property Tax Bills Across Cascade County, Montana
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Belt | $343 | $1,014 | $1,837 | $2,614 | $3,961 |
Black Eagle | $298 | $1,108 | $1,795 | $2,228 | $2,611 |
Cascade | $402 | $1,045 | $1,783 | $2,845 | $4,221 |
Fairfield | $93 | $110 | $2,728 | $2,966 | $3,306 |
Floweree | $1,448 | $1,876 | $2,630 | $3,519 | $4,486 |
Fort Shaw | $468 | $1,688 | $2,748 | $4,049 | $6,004 |
Great Falls | $567 | $1,725 | $2,402 | $3,096 | $4,126 |
Monarch | $663 | $993 | $1,531 | $2,294 | $3,064 |
Neihart | $205 | $591 | $1,142 | $1,576 | $2,265 |
Power | $1,968 | $2,243 | $2,576 | $3,171 | $4,048 |
Raynesford | $2,210 | $2,210 | $2,210 | $2,210 | $2,210 |
Sand Coulee | $471 | $961 | $1,766 | $2,664 | $3,868 |
Simms | $358 | $1,493 | $2,401 | $3,211 | $4,213 |
Stockett | $448 | $992 | $1,826 | $2,801 | $3,685 |
Sun River | $360 | $1,171 | $2,365 | $3,457 | $4,562 |
Ulm | $347 | $1,423 | $2,070 | $2,834 | $3,629 |
Vaughn | $192 | $550 | $1,777 | $2,809 | $3,968 |
Source: Ownwell