Judith Basin County Property Taxes
The median property tax rate in Judith Basin is 0.56%, which is significantly lower than both the national median of 0.99% and the Montana state median of 0.83%. With the median home value in Judith Basin, the typical annual property tax bill reaches $694, which is well below the national median of $2,690. Property taxes in Judith Basin are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Judith Basin's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Stanford or another part of Judith Basin, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Judith Basin 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 Judith Basin Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Judith Basin with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Judith Basin to estimate your property tax bill. This insightful tool 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 Judith Basin County, Montana
Property taxes in Judith Basin play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Judith Basin is 0.56%, which is lower than both the Montana state median of 0.83% and the U.S. national median of 0.99%. Local government entities within Judith Basin set these rates annually, and they can vary significantly between different areas within the county. Each year, Judith Basin 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. The following data compares Judith Basin's effective property tax rate with other counties in Montana and the national median. For comparison, the city of Denton has one of the higher property tax rates in Montana at 0.78%, while the city of Judith Gap boasts one of the lowest at 0.44%. Analyzing how Judith Basin's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Judith Basin County Tax Rate
0.56%
Average Montana Tax Rate
0.83%
Average United States Tax Rate
0.99%
Property Tax Rates Across Judith Basin County, Montana
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Buffalo | 0.50% | 0.53% | 0.58% | 0.63% | 0.73% |
| Coffee Creek | 0.56% | 0.56% | 0.56% | 0.63% | 0.69% |
| Denton | 0.59% | 0.67% | 0.78% | 0.88% | 1.12% |
| Garneill | 0.46% | 0.46% | 0.46% | 0.46% | 0.46% |
| Geyser | 0.46% | 0.47% | 0.51% | 0.53% | 0.63% |
| Hobson | 0.51% | 0.54% | 0.54% | 0.68% | 0.98% |
| Judith Gap | 0.43% | 0.44% | 0.44% | 0.45% | 0.45% |
| Moccasin | 0.51% | 0.53% | 0.53% | 0.58% | 0.77% |
| Monarch | 0.46% | 0.46% | 0.46% | 0.46% | 0.46% |
| Moore | 0.45% | 0.53% | 0.61% | 0.70% | 1.25% |
| Raynesford | 0.46% | 0.46% | 0.46% | 0.48% | 0.55% |
| Stanford | 0.56% | 0.66% | 0.75% | 0.76% | 0.78% |
Source: Ownwell
Property Tax Assessment Values Across Judith Basin County, Montana
In Judith Basin, 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 Judith Basin 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 Judith Basin 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. Being aware of these valuation processes in Judith Basin will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. Notably, Denton has the highest median tax bill at $3,197, while Moccasin has the lowest at $112.
Property Tax Assessment Values Across Judith Basin County, Montana
Source: Ownwell
$12,830
$195,117
$377,404
Average Judith Basin County Assessed Value
$105,348
Average Montana Assessed Value
$317,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Judith Basin County, Montana
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Buffalo | $76,225 | $116,722 | $250,087 | $391,074 | $555,008 |
| Coffee Creek | $28,381 | $72,044 | $275,400 | $409,625 | $532,540 |
| Denton | $147,313 | $222,788 | $308,997 | $487,945 | $542,219 |
| Garneill | $377,404 | $377,404 | $377,404 | $377,404 | $377,404 |
| Geyser | $15,864 | $61,690 | $139,000 | $261,086 | $411,150 |
| Hobson | $10,044 | $10,239 | $59,350 | $178,925 | $329,177 |
| Judith Gap | $282,629 | $303,524 | $338,347 | $461,849 | $535,950 |
| Moccasin | $2,400 | $3,800 | $14,320 | $153,656 | $310,797 |
| Monarch | $12,830 | $12,830 | $12,830 | $12,830 | $12,830 |
| Moore | $87,539 | $207,338 | $363,830 | $502,826 | $563,988 |
| Raynesford | $14,474 | $54,592 | $148,876 | $282,100 | $423,318 |
| Stanford | $20,181 | $67,800 | $132,100 | $211,700 | $333,360 |
Source: Ownwell
Property Tax Bills Across Judith Basin County, Montana
In Judith Basin County, MT, property tax bills are calculated based on the assessed value of your home. The county assessor determines this value, which is then multiplied by the local tax rate to generate the annual tax bill. Homeowners in Judith Basin County experience a range of tax bills, with the 25th percentile at $126 and the 75th percentile at $1,417. At the 90th percentile, tax bills can reach up to $2,250, reflecting higher-valued properties. Several factors influence the assessed value, including the property's market value, location, and condition. Compared to the national median property tax rate of 0.99%, Judith Basin County offers a diverse range of tax obligations, making it essential for homeowners to understand their specific assessments. For instance, while some homeowners in Moccasin face the lowest median tax bill at $112, others in Denton encounter the highest at $3,197. Understanding these factors helps homeowners anticipate their financial responsibilities and plan accordingly.
Average Judith Basin County Tax Bill
$694
Average Montana Tax Bill
$2,646
Average United States Tax Bill
$2,690
Property Tax Bills Across Judith Basin County, Montana
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Buffalo | $509 | $813 | $1,424 | $2,354 | $3,284 |
| Coffee Creek | $158 | $401 | $1,532 | $2,603 | $3,726 |
| Denton | $1,004 | $1,896 | $3,197 | $3,537 | $4,161 |
| Garneill | $1,738 | $1,738 | $1,738 | $1,738 | $1,738 |
| Geyser | $182 | $366 | $778 | $1,482 | $2,275 |
| Hobson | $54 | $57 | $444 | $1,211 | $2,013 |
| Judith Gap | $1,227 | $1,331 | $1,504 | $2,079 | $2,424 |
| Moccasin | $13 | $20 | $112 | $909 | $1,924 |
| Monarch | $60 | $60 | $60 | $60 | $60 |
| Moore | $1,083 | $1,763 | $2,220 | $3,491 | $3,684 |
| Raynesford | $76 | $301 | $699 | $1,376 | $2,026 |
| Stanford | $155 | $456 | $991 | $1,598 | $2,524 |
Source: Ownwell