Fergus County Property Taxes
The median property tax rate in Fergus County is 0.99%, which aligns with the national median of 0.99% but is higher than the Montana state median of 0.83%. With a median home value of $177,627 in Fergus County, the typical annual property tax bill is approximately $1,787, lower than the national median of $2,690. Property taxes in Fergus County are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions, such as those for primary residences and agricultural properties. Understanding Fergus County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you reside in Lewistown or another part of Fergus County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Fergus County Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.83%
Estimate Property Tax Bill
$1,660
Ownwell’s Fergus County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Fergus County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Fergus County 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 Fergus County, Montana
Property taxes in Fergus County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Fergus County is 0.99%, which is equal to the U.S. national median of 0.99%. Local government entities within Fergus County set these rates annually, and they can vary significantly between different areas within the county. Each year, Fergus 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 Lewistown has one of the higher property tax rates in Montana at 1.15%, while the city of Buffalo boasts one of the lowest at 0.49%. Analyzing how Fergus County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Fergus County Tax Rate
0.99%
Average Montana Tax Rate
0.83%
Average United States Tax Rate
0.99%
Property Tax Rates Across Fergus County, Montana
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Buffalo | 0.43% | 0.43% | 0.49% | 0.56% | 0.87% |
| Coffee Creek | 0.56% | 0.58% | 0.63% | 0.70% | 0.79% |
| Denton | 0.59% | 0.66% | 0.98% | 1.07% | 1.43% |
| Forest Grove | 0.62% | 0.66% | 0.70% | 0.80% | 0.95% |
| Garneill | 0.47% | 0.49% | 0.51% | 0.57% | 0.62% |
| Grass Range | 0.60% | 0.71% | 0.77% | 0.85% | 0.95% |
| Hilger | 0.75% | 0.79% | 0.84% | 0.98% | 1.06% |
| Judith Gap | 0.47% | 0.48% | 0.52% | 0.56% | 0.64% |
| Lewistown | 0.69% | 0.86% | 1.15% | 1.22% | 1.28% |
| Moccasin | 0.60% | 0.63% | 0.67% | 0.69% | 0.79% |
| Moore | 0.46% | 0.51% | 0.62% | 0.62% | 0.72% |
| Roy | 0.71% | 0.72% | 0.81% | 0.85% | 0.95% |
| Teigen | 0.67% | 0.68% | 0.69% | 0.79% | 0.85% |
| Winifred | 0.77% | 0.77% | 0.78% | 0.87% | 0.94% |
Source: Ownwell
Property Tax Assessment Values Across Fergus County, Montana
In Fergus 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 Fergus 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 Fergus 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. For instance, Lewistown has the highest median tax bill at $2,045, while Moore has the lowest at $834. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Fergus County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Fergus County Assessed Value
$177,627
Average Montana Assessed Value
$317,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Fergus County, Montana
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Buffalo | $23,725 | $64,540 | $175,013 | $246,110 | $580,439 |
| Coffee Creek | $45,907 | $120,798 | $177,493 | $251,545 | $333,018 |
| Denton | $13,744 | $71,720 | $128,510 | $223,505 | $381,674 |
| Forest Grove | $33,496 | $83,178 | $149,117 | $279,186 | $434,699 |
| Garneill | $67,596 | $143,292 | $249,470 | $322,879 | $494,322 |
| Grass Range | $14,508 | $29,942 | $113,462 | $231,951 | $416,070 |
| Hilger | $15,119 | $65,665 | $184,188 | $313,572 | $478,792 |
| Judith Gap | $52,690 | $103,288 | $186,998 | $357,958 | $605,559 |
| Lewistown | $41,233 | $116,425 | $190,950 | $288,650 | $423,048 |
| Moccasin | $142,738 | $155,134 | $185,034 | $223,137 | $249,792 |
| Moore | $25,767 | $62,042 | $139,263 | $300,836 | $485,016 |
| Roy | $10,878 | $26,706 | $94,472 | $190,032 | $334,348 |
| Teigen | $94,239 | $123,896 | $173,325 | $179,162 | $182,665 |
| Winifred | $17,932 | $52,200 | $136,500 | $249,500 | $375,030 |
Source: Ownwell
Property Tax Bills Across Fergus County, Montana
In Fergus County, MT, property tax bills are calculated based on the assessed value of a home and the county's tax rate. The median home price in Fergus County is $177,627. To determine the tax bill, the assessed value of the property is multiplied by the local tax rate. Various factors, including property size, location, and market conditions, influence the assessed value. For homeowners, property tax bills can vary significantly. For instance, the tax bill at the 25th percentile is $882, while at the 75th percentile, it rises to $2,795. The tax bill at the 90th percentile reaches $3,898. The highest median tax bill in the county is in Lewistown, at $2,045, whereas the lowest median tax bill is in Moore, at $834. These variations can have a noticeable impact on homeowners' budgets, making it essential to understand how property taxes are calculated and what factors influence them. Compared to the national median property tax rate of 0.99%, Fergus County offers relatively moderate tax bills for its residents.
Average Fergus County Tax Bill
$1,787
Average Montana Tax Bill
$2,646
Average United States Tax Bill
$2,690
Property Tax Bills Across Fergus County, Montana
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Buffalo | $143 | $318 | $937 | $1,862 | $4,409 |
| Coffee Creek | $294 | $757 | $1,130 | $1,831 | $2,391 |
| Denton | $272 | $727 | $1,223 | $1,814 | $2,633 |
| Forest Grove | $409 | $670 | $1,195 | $2,265 | $3,124 |
| Garneill | $388 | $724 | $1,352 | $1,672 | $2,649 |
| Grass Range | $128 | $240 | $906 | $1,909 | $3,155 |
| Hilger | $163 | $630 | $1,697 | $2,964 | $4,206 |
| Judith Gap | $391 | $546 | $1,132 | $1,816 | $3,075 |
| Lewistown | $463 | $1,238 | $2,045 | $2,986 | $3,995 |
| Moccasin | $852 | $964 | $1,336 | $1,587 | $1,715 |
| Moore | $161 | $400 | $834 | $1,596 | $3,072 |
| Roy | $113 | $341 | $871 | $1,663 | $3,037 |
| Teigen | $762 | $909 | $1,154 | $1,215 | $1,251 |
| Winifred | $164 | $504 | $1,046 | $2,066 | $3,286 |
Source: Ownwell