Denton, Montana Property Taxes
The median property tax rate in Denton, MT is 0.78%, which is lower than both the national median of 0.99% and the Montana state median of 0.83%. With the median home value in Denton at $308,997, the typical annual property tax bill reaches $3,197, surpassing the national median of $2,690. Property taxes in Denton are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as the primary residence and agricultural exemptions. Understanding Denton'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 Denton or another part of Judith Basin County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Denton, Montana 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 Denton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Denton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Denton 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 Denton, Montana
Property taxes in Denton, Montana, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Denton is 0.78%, which is lower than the U.S. national median of 0.99%. Local government entities within Denton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Denton 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 Denton's effective property tax rate to other counties in Montana and the national median. For comparison, the zip code 59430 has both the highest and lowest median property tax rate of 0.78%. Understanding how these cities compare with Denton provides valuable insights into the varying tax landscape across Judith Basin County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Denton Tax Rate
0.78%
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 Denton, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59430 | 0.59% | 0.67% | 0.78% | 0.88% | 1.12% |
Source: Ownwell
Property Tax Assessment Values Across Denton, Montana
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Denton, Judith Basin, MT. 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 local 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 Denton, 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. Being aware of these valuation processes in Denton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 59430, with a tax bill of $3,197. This same zip code also has the lowest median tax bill at $3,197.
Average Denton Assessed Value
$308,997
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 Denton, Montana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59430 | $147,313 | $222,788 | $308,997 | $487,945 | $542,219 |
Source: Ownwell
Property Tax Bills Across Denton, Montana
In Denton, located in Judith Basin County, MT, property tax bills are calculated based on the assessed value of a home. The assessed value is typically a percentage of the market value, which is determined by local assessors. For instance, with a median home price of $308,997, homeowners can expect their property tax bills to vary significantly. The tax bill at the 25th percentile is $1,896, while at the 75th percentile, it rises to $3,537, and at the 90th percentile, it reaches $4,161. Several factors influence the property tax bill, including the home's assessed value, local tax rates, and any applicable exemptions or deductions. These taxes fund essential public services such as schools, emergency services, and infrastructure maintenance. Compared to the national median property tax rate of 0.99%, homeowners in Denton may find their tax obligations vary, impacting their overall cost of homeownership. Understanding these factors can help homeowners better anticipate their annual expenses and plan their finances accordingly.
Average Denton Tax Bill
$3,197
Average Judith Basin County Tax Bill
$694
Average Montana Tax Bill
$2,646
Average United States Tax Bill
$2,690
Property Tax Bills Across Denton, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59430 | $1,004 | $1,896 | $3,197 | $3,537 | $4,161 |
Source: Ownwell