Clancy, Jefferson County, Montana Property Taxes
Median Clancy, MT effective property tax rate: 0.70%, significantly lower than the national median of 1.02%, but lower than the Montana state median of 0.83%.
Median Clancy, MT home value: $542,300
Median annual Clancy, MT tax bill: $3,673, $1,273 higher than the national median property tax bill of $2,400.
How are property taxes in Jefferson County calculated?
Property taxes in Clancy, 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 Clancy’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Clancy, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Clancy, Jefferson County, Montana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.7%
Estimate Property Tax Bill
$3,796
$3,523
Property Tax Rates Across Clancy, Jefferson County, Montana
Local government entities determine tax rates, which can vary significantly within a state. Each county annually estimates its budgetary needs to provide essential services and divides this by the total assessed value of all taxable properties within its jurisdiction. This calculation determines the property tax rate. Although setting tax rates and budgets involves votes and legislation, this is essentially the annual process.
In Clancy, located in Jefferson County, the effective property tax rate stands at 0.70%. This rate is consistent across the entire county, as Clancy shares the same tax rate with other areas in the region. Compared to the national median property tax rate of 1.02%, Clancy's rate is relatively low. This can result in significant savings for property owners in the area. Understanding how Clancy's property tax rate compares to the median rates in Montana and the U.S. can offer valuable insight for homeowners and prospective buyers.
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 Clancy Tax Rate
0.70%
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 Jefferson County Tax Rate
0.71%
Median Effective Montana Tax Rate
0.83%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Clancy, Jefferson County, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59634 | 0.62% | 0.64% | 0.70% | 0.72% | 0.79% |
Source: Ownwell
Property Tax Assessment Values Across Clancy, Jefferson County, Montana
When examining property taxes in Clancy, MT, 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 Jefferson 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 Jefferson County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Clancy.
For example, the median home price in Clancy is $542,300, with tax bills ranging significantly across the county. The zip code 59634 has the highest median home price at $542,300.
Property Tax Assessment Values Across Clancy, Jefferson County, Montana
Source: Ownwell
$144,667
$349,492
$554,316
Median Clancy Market Value
$542,300
Median Jefferson County Market Value
$377,859
Median Montana Market Value
$317,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Clancy, Jefferson County, Montana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59634 | $266,093 | $437,900 | $542,300 | $680,234 | $849,490 |
Source: Ownwell
Property Tax Bills Across Clancy, Jefferson County, Montana
In Clancy, located in Jefferson County, MT, property tax bills are determined by assessing the property's market value and applying the local tax rate. The median home price in Clancy is $542,300, which directly impacts the tax bill. Homeowners in Clancy typically face a median property tax bill of $3,673, which is notably higher than the national median of $2,400. This difference highlights the significance of property taxes in the area. Factors such as property size, location, and improvements can influence the assessed value, and consequently, the tax bill. Homeowners in Clancy can experience tax bills ranging from $2,940 at the 25th percentile to $6,085 at the 90th percentile, reflecting the variability based on property characteristics.
Ownwell offers valuable assistance to homeowners by providing property tax appeal and exemption services. By analyzing and challenging over-assessed values, Ownwell helps homeowners potentially reduce their tax bills, ensuring they only pay their fair share. This service is crucial for homeowners looking to manage their expenses effectively and avoid overpaying on property taxes.
Median Clancy Tax Bill
$3,673
Median Jefferson County Tax Bill
$2,698
Median Montana Tax Bill
$2,646
Median United States Tax Bill
$2,400
Property Tax Bills Across Clancy, Jefferson County, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59634 | $1,831 | $2,940 | $3,673 | $4,782 | $6,085 |
Source: Ownwell