Miles City, Custer County, Montana Property Taxes
Median Miles City, MT effective property tax rate: 1.25%, significantly higher than the national median of 1.02%, but lower than the Montana state median of 0.83%.
Median Miles City, MT home value: $144,600
Median annual Miles City, MT tax bill: $1,825, $575 lower than the national median property tax bill of $2,400.
How are property taxes in Custer County calculated?
Property taxes in Miles City, MT are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Miles City’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Miles City, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Miles City, Custer County, Montana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.25%
Estimate Property Tax Bill
$1,808
$1,677
Property Tax Rates Across Miles City, Custer County, Montana
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Miles City Tax Rate
1.25%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Custer County Tax Rate
1.24%
Median Effective Montana Tax Rate
0.83%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Miles City, Custer County, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59301 | 0.78% | 0.94% | 1.25% | 1.32% | 1.50% |
Source: Ownwell
Property Tax Assessment Values Across Miles City, Custer County, Montana
When examining property taxes in Miles City, Montana, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Custer County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Custer County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Miles City. For example, the median home price in Miles City is $144,600, with tax bills ranging significantly across the county. Zip code 59301 has the highest median home price at $144,600.
Property Tax Assessment Values Across Miles City, Custer County, Montana
Source: Ownwell
$77,110
$143,805
$210,500
Median Miles City Market Value
$144,600
Median Custer County Market Value
$145,300
Median Montana Market Value
$317,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Miles City, Custer County, Montana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59301 | $11,342 | $71,466 | $144,600 | $222,175 | $313,027 |
Source: Ownwell
Property Tax Bills Across Miles City, Custer County, Montana
In Miles City, located in Custer County, MT, property tax bills are calculated based on the assessed value of the property and the local tax rate. The median home price in the area is $144,600, and property tax bills can vary significantly. For instance, the 25th percentile tax bill is $1,007, while the 75th percentile reaches $2,592. The highest median tax bill in the region is $1,825, which is notably below the national median of $2,400. This disparity highlights how local tax rates and property values influence the overall tax burden on homeowners.
Factors such as property improvements and changes in local tax rates can affect tax bills, making it crucial for homeowners to ensure their assessments are accurate. Ownwell assists homeowners by providing expert property tax appeal and exemption services, potentially lowering their tax burden. By analyzing assessments and identifying discrepancies, Ownwell helps clients save money and ensures they are not overpaying on their property taxes, offering peace of mind and financial relief.
Median Miles City Tax Bill
$1,825
Median Custer County Tax Bill
$1,810
Median Montana Tax Bill
$2,646
Median United States Tax Bill
$2,400
Property Tax Bills Across Miles City, Custer County, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59301 | $362 | $1,007 | $1,825 | $2,592 | $3,427 |
Source: Ownwell