Valier, Montana Property Taxes
The median property tax rate in Valier, MT is 1.11%, considerably higher than both the national median of 0.99% and the Montana state median of 0.83%. With the median home value in Valier at $147,715, the typical annual property tax bill reaches $1,801, which is lower than the national median of $2,690. Property taxes in Valier are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Valier's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Valier or another part of Glacier County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Valier, Montana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.11%
Estimate Property Tax Bill
$1,640
$1,522
Ownwell’s Valier Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Valier with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Valier to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Valier, Montana
Property taxes in Valier, Montana, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Valier is 1.11%, which is higher than the U.S. national median of 0.99%. Local government entities within Valier set these rates annually, and they can vary significantly across different neighborhoods. Each year, Valier estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Valier's effective property tax rate to other counties in Montana and the national median. For comparison, the 59486 zip code has the highest median property tax rate of 1.11%, while the 59486 zip code also has the lowest median tax rate of 1.11%. Understanding how these cities compare with Valier provides valuable insights into the varying tax landscape across Glacier County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Valier Tax Rate
1.11%
Average Glacier County Tax Rate
1.19%
Average Montana Tax Rate
0.83%
Average United States Tax Rate
0.99%
Property Tax Rates Across Valier, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59486 | 1.10% | 1.11% | 1.11% | 1.17% | 1.20% |
Source: Ownwell
Property Tax Assessment Values Across Valier, Montana
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Valier, Montana. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Glacier County Appraisal District for tax purposes. In contrast, the assessed value 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. In Valier, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. The median home price in Valier is $147,715, with tax bills ranging from $970 at the 25th percentile to $2,274 at the 90th percentile. Notably, the highest and lowest median tax bills are both $1,801, found in the 59486 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Valier Assessed Value
$147,715
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 Valier, Montana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59486 | $39,695 | $80,202 | $147,715 | $181,176 | $201,253 |
Source: Ownwell
Property Tax Bills Across Valier, Montana
In Valier, located in Glacier County, MT, property tax bills are calculated based on the assessed value of a property, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. For instance, with a median home price of $147,715, homeowners can expect varying tax bills depending on their property's assessed value and applicable exemptions. Factors such as property improvements, market conditions, and local levies influence the assessed value. Homeowners in Valier experience a range in their tax bills, with the 25th percentile at $970 and the 75th percentile at $2,097. The highest median tax bill in the area is $1,801, which is significantly lower than the national median property tax rate of 0.99%. These property taxes fund essential community services such as schools, infrastructure, and emergency services. Understanding these calculations helps homeowners anticipate their financial obligations and plan accordingly.
Average Valier Tax Bill
$1,801
Average Glacier County Tax Bill
$1,402
Average Montana Tax Bill
$2,646
Average United States Tax Bill
$2,690
Property Tax Bills Across Valier, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59486 | $472 | $970 | $1,801 | $2,097 | $2,274 |
Source: Ownwell