Glacier County Property Taxes
The median property tax rate in Glacier County is 1.19%, which is significantly higher than both the national median of 0.99% and the Montana state median of 0.83%. With the median home value in Glacier County at $123,548, the typical annual property tax bill is approximately $1,402, which is lower than the national median of $2,690. Property taxes in Glacier County are calculated based on the assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Glacier 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 Browning or another part of Glacier County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Glacier County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.19%
Estimate Property Tax Bill
$1,470
Ownwell’s Glacier County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Glacier County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Glacier 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 Glacier County, Montana
Property taxes in Glacier County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Glacier County is 1.19%, which is higher than the U.S. national median of 0.99%. Local government entities within Glacier County set these rates annually, and they can vary significantly between different areas within the county. Each year, Glacier 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 Cut Bank has one of the higher property tax rates in the region at 1.24%, while the city of East Glacier Park boasts one of the lowest at 0.95%. Analyzing how Glacier County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Glacier County Tax Rate
1.19%
Average Montana Tax Rate
0.83%
Average United States Tax Rate
0.99%
Property Tax Rates Across Glacier County, Montana
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Babb | 1.10% | 1.10% | 1.10% | 1.10% | 1.20% |
Browning | 0.55% | 1.01% | 1.01% | 1.10% | 1.17% |
Cut Bank | 0.84% | 0.96% | 1.24% | 1.24% | 1.24% |
East Glacier Park | 0.95% | 0.95% | 0.95% | 0.95% | 0.95% |
Valier | 1.10% | 1.11% | 1.11% | 1.17% | 1.20% |
Source: Ownwell
Property Tax Assessment Values Across Glacier County, Montana
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Glacier County, MT. 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 Glacier 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 Glacier 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. Valier has the highest median tax bill at $1,801, while Browning has the lowest at $1,043. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Glacier County, Montana
Source: Ownwell
$101,960
$132,778
$163,596
Average Glacier County Assessed Value
$123,548
Average Montana Assessed Value
$317,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Glacier County, Montana
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Babb | $17,610 | $35,115 | $128,000 | $217,816 | $307,729 |
Browning | $23,875 | $53,634 | $101,960 | $159,000 | $230,387 |
Cut Bank | $23,243 | $66,300 | $125,314 | $190,425 | $291,428 |
East Glacier Park | $32,118 | $94,282 | $163,596 | $250,400 | $348,524 |
Valier | $39,695 | $80,202 | $147,715 | $181,176 | $201,253 |
Source: Ownwell
Property Tax Bills Across Glacier County, Montana
In Glacier County, MT, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. For homeowners in Glacier County, the median home price stands at $123,548. Property tax bills can vary significantly within the county, with the 25th percentile tax bill at $708 and the 75th percentile reaching $2,141. For those at the 90th percentile, the tax bill can be as high as $3,086. Several factors influence these tax bills, including the property's assessed value, local tax rates, and any applicable exemptions or deductions. These variations can have a substantial impact on homeowners, affecting their annual financial planning and overall cost of homeownership. For context, the national median property tax rate is 0.99%, highlighting how local rates and property values in Glacier County compare to broader national trends.
Average Glacier County Tax Bill
$1,402
Average Montana Tax Bill
$2,646
Average United States Tax Bill
$2,690
Property Tax Bills Across Glacier County, Montana
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Babb | $204 | $379 | $1,403 | $2,514 | $3,398 |
Browning | $321 | $471 | $1,043 | $1,779 | $2,717 |
Cut Bank | $229 | $765 | $1,452 | $2,154 | $3,066 |
East Glacier Park | $271 | $875 | $1,495 | $2,384 | $3,425 |
Valier | $472 | $970 | $1,801 | $2,097 | $2,274 |
Source: Ownwell