Black Eagle, Montana Property Taxes
The median property tax rate in Black Eagle, MT is 1.10%, considerably higher than both the national median of 0.99% and the Montana state median of 0.83%. With the median home value in Black Eagle at $156,115, the typical annual property tax bill reaches $1,795, which is below the national median of $2,690. Property taxes in Black Eagle are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions, such as primary residence and agricultural exemptions. Understanding Black Eagle'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 Black Eagle or another part of Cascade County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Black Eagle, Montana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.1%
Estimate Property Tax Bill
$1,717
Ownwell’s Black Eagle Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Black Eagle with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Black Eagle to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Black Eagle, Montana
Property taxes in Black Eagle, Montana, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Black Eagle is 1.10%, significantly higher than the U.S. national median of 0.99%. Local government entities within Black Eagle set these rates annually, and they can vary significantly across different neighborhoods. Each year, Black Eagle 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 Black Eagle's effective property tax rate to other areas in Cascade County and the national median. For comparison, the zip code 59414 has both the highest and lowest median property tax rate of 1.10%. Understanding how these areas compare with Black Eagle provides valuable insights into the varying tax landscape across Cascade County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Black Eagle Tax Rate
1.10%
Average Cascade County Tax Rate
1.00%
Average Montana Tax Rate
0.83%
Average United States Tax Rate
0.99%
Property Tax Rates Across Black Eagle, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59414 | 0.80% | 0.94% | 1.10% | 1.23% | 1.55% |
Source: Ownwell
Property Tax Assessment Values Across Black Eagle, Montana
In Black Eagle, 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 Cascade 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 Black Eagle, 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. The median home price here is $156,115, with tax bills ranging from $1,108 at the 25th percentile to $2,611 at the 90th percentile. The zip code 59414 has both the highest and lowest median tax bill at $1,795. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Black Eagle Assessed Value
$156,115
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 Black Eagle, Montana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59414 | $30,634 | $99,620 | $156,115 | $199,400 | $259,650 |
Source: Ownwell
Property Tax Bills Across Black Eagle, Montana
In Black Eagle, located in Cascade County, MT, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local assessor's office and is typically a percentage of the property's market value. Homeowners in Black Eagle can expect tax bills to vary significantly; for instance, the tax bill at the 25th percentile is $1,108, while at the 75th percentile, it's $2,228. The highest median tax bill in the area is $1,795, which is consistent across the zip code 59414. Factors influencing the tax bill include property size, location, and any applicable exemptions or deductions. These taxes fund essential public services like schools, infrastructure, and emergency services, directly impacting the community's quality of life. Compared to the national median property tax rate of 0.99%, Black Eagle's rates can be considered moderate, providing a balance between affordability and the provision of necessary public services for homeowners.
Average Black Eagle Tax Bill
$1,795
Average Cascade County Tax Bill
$2,346
Average Montana Tax Bill
$2,646
Average United States Tax Bill
$2,690
Property Tax Bills Across Black Eagle, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59414 | $298 | $1,108 | $1,795 | $2,228 | $2,611 |
Source: Ownwell