Chouteau County Property Taxes
The median property tax rate in Chouteau County is 0.95%, which is slightly lower than the national median of 0.99% but higher than the Montana state median of 0.83%. With the median home value in Chouteau County at $152,700, the typical annual property tax bill is approximately $1,469, which is notably less than the national median of $2,690. Property taxes in Chouteau County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Chouteau 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 Fort Benton or another part of Chouteau County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Chouteau County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.95%
Estimate Property Tax Bill
$1,451
$1,346
Ownwell’s Chouteau County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Chouteau County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Chouteau 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 Chouteau County, Montana
Property taxes in Chouteau County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Chouteau County is 0.95%, which is slightly lower than the U.S. national median of 0.99%. Local government entities within Chouteau County set these rates annually, and they can vary significantly between different areas within the county. Each year, Chouteau 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 Chouteau County's effective property tax rate with other counties in Montana and the national median. For comparison, the city of Fort Benton has one of the higher property tax rates in Montana at 1.15%, while the city of Square Butte boasts one of the lowest at 0.58%. Analyzing how Chouteau County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Chouteau County Tax Rate
0.95%
Average Montana Tax Rate
0.83%
Average United States Tax Rate
0.99%
Property Tax Rates Across Chouteau County, Montana
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Big Sandy | 0.66% | 0.73% | 0.82% | 0.92% | 1.27% |
Brady | 0.61% | 0.68% | 0.77% | 0.86% | 0.97% |
Carter | 0.62% | 0.65% | 0.71% | 0.87% | 1.08% |
Dutton | 0.91% | 0.91% | 0.91% | 0.91% | 0.91% |
Floweree | 0.61% | 0.64% | 0.69% | 0.81% | 1.07% |
Fort Benton | 0.72% | 0.98% | 1.15% | 1.22% | 1.43% |
Geraldine | 0.57% | 0.67% | 0.91% | 1.17% | 1.54% |
Geyser | 0.59% | 0.62% | 0.65% | 2.04% | 4.52% |
Great Falls | 0.64% | 0.69% | 0.89% | 0.99% | 1.01% |
Highwood | 0.68% | 0.97% | 0.99% | 1.14% | 1.32% |
Loma | 0.66% | 0.71% | 0.77% | 0.85% | 1.00% |
Power | 0.70% | 0.70% | 0.70% | 0.70% | 0.70% |
Rudyard | 0.68% | 0.68% | 0.70% | 0.74% | 0.83% |
Shonkin | 0.57% | 0.64% | 1.04% | 1.29% | 1.53% |
Square Butte | 0.57% | 0.57% | 0.58% | 0.65% | 1.34% |
Source: Ownwell
Property Tax Assessment Values Across Chouteau County, Montana
In Chouteau 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 Chouteau 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 Chouteau 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, residents in Geyser face the highest median tax bill at $3,032, while those in Power experience the lowest at $117. Being aware of these valuation processes in Chouteau County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Chouteau County, Montana
Source: Ownwell
$16,680
$200,683
$384,686
Average Chouteau County Assessed Value
$152,700
Average Montana Assessed Value
$317,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Chouteau County, Montana
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Big Sandy | $21,743 | $66,929 | $132,300 | $221,642 | $324,955 |
Brady | $95,296 | $180,550 | $246,776 | $363,780 | $690,057 |
Carter | $18,351 | $79,475 | $169,896 | $310,130 | $460,909 |
Dutton | $254,516 | $254,516 | $254,516 | $254,516 | $254,516 |
Floweree | $16,136 | $122,279 | $208,346 | $365,884 | $594,544 |
Fort Benton | $51,271 | $104,100 | $174,250 | $251,600 | $355,422 |
Geraldine | $9,575 | $40,885 | $104,650 | $220,773 | $349,646 |
Geyser | $175,314 | $259,696 | $384,686 | $523,435 | $632,583 |
Great Falls | $112,647 | $193,854 | $329,171 | $428,510 | $511,315 |
Highwood | $28,186 | $77,970 | $168,557 | $281,390 | $447,096 |
Loma | $17,260 | $50,615 | $116,700 | $287,962 | $498,222 |
Power | $16,680 | $16,680 | $16,680 | $16,680 | $16,680 |
Rudyard | $157,198 | $248,606 | $346,506 | $449,866 | $473,886 |
Shonkin | $41,436 | $81,307 | $199,340 | $308,026 | $376,853 |
Square Butte | $6,991 | $7,785 | $19,015 | $32,945 | $60,330 |
Source: Ownwell
Property Tax Bills Across Chouteau County, Montana
In Chouteau County, MT, property tax bills are calculated based on the assessed value of a homeowner’s property, which is determined by local assessors. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. For instance, with a median home price of $152,700, homeowners can expect a range of tax bills. The 25th percentile tax bill is $732, while the 75th percentile reaches $2,428, and the 90th percentile climbs to $3,610. These figures indicate the variability in tax burdens across different properties. Factors such as property improvements, location, and market conditions influence the assessed value, directly impacting the tax bill. Homeowners in Chouteau County face varying tax obligations, with some areas like Geyser having the highest median tax bill at $3,032, compared to Power, where the lowest median tax bill is $117. Understanding these factors helps homeowners anticipate their financial responsibilities and plan accordingly.
Average Chouteau County Tax Bill
$1,469
Average Montana Tax Bill
$2,646
Average United States Tax Bill
$2,690
Property Tax Bills Across Chouteau County, Montana
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Big Sandy | $264 | $604 | $1,102 | $1,692 | $2,543 |
Brady | $768 | $1,273 | $2,215 | $3,568 | $6,255 |
Carter | $158 | $673 | $1,391 | $2,548 | $4,189 |
Dutton | $2,309 | $2,309 | $2,309 | $2,309 | $2,309 |
Floweree | $199 | $924 | $1,549 | $2,825 | $5,400 |
Fort Benton | $635 | $1,170 | $1,950 | $2,740 | $3,650 |
Geraldine | $139 | $483 | $1,078 | $1,694 | $2,740 |
Geyser | $1,135 | $1,698 | $3,032 | $10,187 | $21,230 |
Great Falls | $1,025 | $1,712 | $2,844 | $3,918 | $4,327 |
Highwood | $275 | $775 | $1,830 | $3,064 | $4,866 |
Loma | $162 | $419 | $913 | $2,151 | $3,856 |
Power | $117 | $117 | $117 | $117 | $117 |
Rudyard | $1,209 | $1,760 | $2,353 | $3,196 | $3,385 |
Shonkin | $392 | $1,167 | $1,865 | $3,127 | $4,455 |
Square Butte | $40 | $53 | $144 | $315 | $389 |
Source: Ownwell