Deer Lodge County, Montana Property Taxes
The median property tax rate in Deer Lodge County is 0.93%, which is slightly lower than the national median of 0.99% but higher than the Montana state median of 0.83%. With a median home value of $187,200 in Deer Lodge County, the typical annual property tax bill amounts to $1,711, which is considerably below the national median of $2,690. Property taxes in Deer Lodge County are calculated based on the assessed value, which is often less than the actual market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Deer Lodge County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can result in substantial annual savings. Whether you reside in a city like Anaconda or another part of Deer Lodge County, having a thorough understanding of local property taxes will benefit homeowners and real estate investors alike.
Last Updated June 14, 2024
Deer Lodge County, Montana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.93%
Estimate Property Tax Bill
$1,741
$1,616
Ownwell’s Deer Lodge Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Deer Lodge with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Deer Lodge 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 Deer Lodge County, Montana
Property taxes in Deer Lodge County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Deer Lodge County is 0.93%, which is slightly lower than the U.S. national median of 0.99%. Local government entities within Deer Lodge County set these rates annually, and they can vary significantly between different areas within the county. Each year, Deer Lodge 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. For comparison, the city of Warm Springs has one of the higher property tax rates in the region at 0.95%, while the city of Wise River boasts one of the lowest at 0.68%. Analyzing how Deer Lodge County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Deer Lodge County Tax Rate
0.93%
Average Montana Tax Rate
0.83%
Average United States Tax Rate
0.99%
Property Tax Rates Across Deer Lodge County, Montana
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Anaconda | 0.68% | 0.72% | 0.94% | 1.07% | 1.21% |
| Butte | N/A | N/A | N/A | N/A | N/A |
| Deer Lodge | 0.66% | 0.74% | 0.79% | 0.87% | 0.94% |
| Gold Creek | N/A | N/A | N/A | N/A | N/A |
| Warm Springs | N/A | N/A | N/A | N/A | N/A |
| Wise River | 0.64% | 0.65% | 0.68% | 0.80% | 0.87% |
Source: Ownwell
Property Tax Assessment Values Across Deer Lodge County, Montana
In Deer Lodge 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 Deer Lodge 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 Deer Lodge 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, Warm Springs has the highest median tax bill at $9,162, while Butte boasts the lowest at $1,085. Being aware of these valuation processes in Deer Lodge 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 Deer Lodge County, Montana
Source: Ownwell
$184,900
$248,531
$312,161
Average Deer Lodge County Assessed Value
$187,200
Average Montana Assessed Value
$317,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Deer Lodge County, Montana
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Anaconda | $70,110 | $107,908 | $184,900 | $292,825 | $451,280 |
| Butte | N/A | N/A | N/A | N/A | N/A |
| Deer Lodge | $8,172 | $80,305 | $208,100 | $333,642 | $518,706 |
| Gold Creek | N/A | N/A | N/A | N/A | N/A |
| Warm Springs | N/A | N/A | N/A | N/A | N/A |
| Wise River | $124,076 | $223,100 | $312,161 | $536,616 | $665,290 |
Source: Ownwell
Property Tax Bills Across Deer Lodge County, Montana
In Deer Lodge County, MT, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is multiplied by the local property tax rate to determine the annual tax bill. Factors such as property improvements, market conditions, and neighborhood characteristics can influence the assessed value. For instance, the median home price in Deer Lodge County is $187,200. Homeowners in Deer Lodge County can expect tax bills that vary significantly. At the 25th percentile, tax bills are around $1,119, while those in the 75th percentile reach up to $2,508. The top 10% of homeowners face tax bills as high as $3,448. To put this in perspective, the national median property tax rate is 0.99%. Comparatively, the highest median tax bill in the county is found in Warm Springs at $9,162, while the lowest is in Butte at $1,085. These variations highlight the impact of property assessments and local tax rates on homeowners.
Average Deer Lodge County Tax Bill
$1,711
Average Montana Tax Bill
$2,646
Average United States Tax Bill
$2,690
Property Tax Bills Across Deer Lodge County, Montana
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Anaconda | $638 | $1,117 | $1,699 | $2,488 | $3,396 |
| Butte | N/A | N/A | N/A | N/A | N/A |
| Deer Lodge | $144 | $1,107 | $1,827 | $3,082 | $4,101 |
| Gold Creek | N/A | N/A | N/A | N/A | N/A |
| Warm Springs | N/A | N/A | N/A | N/A | N/A |
| Wise River | $1,002 | $1,629 | $2,320 | $3,582 | $5,236 |
Source: Ownwell