Lewis And Clark County Property Taxes
The median property tax rate in Lewis and Clark County is 0.95%, which is slightly lower than the national median of 0.99% but higher than the Montana state median of 0.83%. With a median home value of $345,065, the typical annual property tax bill in Lewis and Clark County reaches $3,454, surpassing the national median of $2,690. Property taxes here are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions, such as those for primary residences and agricultural properties. Understanding the specifics of Lewis and Clark County's property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can lead to significant annual savings. Whether you live in Helena or another part of Lewis and Clark County, gaining comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Lewis And Clark County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.95%
Estimate Property Tax Bill
$3,278
$3,042
Ownwell’s Lewis and Clark County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Lewis and Clark County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Lewis and Clark 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 Lewis And Clark County, Montana
Property taxes in Lewis and Clark County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Lewis and Clark County is 0.95%, which is lower than the U.S. national median of 0.99%. Local government entities within Lewis and Clark County set these rates annually, and they can vary significantly between different areas within the county. Each year, Lewis and Clark 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. The following data compares Lewis and Clark County's effective property tax rate with other areas in Montana and the national median. For comparison, the city of East Helena has one of the higher property tax rates in Montana at 0.98%, while the city of Wolf Creek boasts one of the lowest at 0.64%. Analyzing how Lewis and Clark County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Lewis And Clark County Tax Rate
0.95%
Average Montana Tax Rate
0.83%
Average United States Tax Rate
0.99%
Property Tax Rates Across Lewis And Clark County, Montana
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Augusta | 0.76% | 0.76% | 0.79% | 0.79% | 0.82% |
Canyon Creek | 0.66% | 0.74% | 0.74% | 0.77% | 0.80% |
Cascade | 0.59% | 0.63% | 0.65% | 0.66% | 0.69% |
Clancy | 0.93% | 0.93% | 0.93% | 0.93% | 0.93% |
Craig | 0.65% | 0.65% | 0.65% | 0.65% | 0.65% |
East Helena | 0.91% | 0.94% | 0.98% | 1.18% | 1.18% |
Helena | 0.91% | 0.93% | 0.95% | 1.09% | 1.09% |
Lincoln | 0.66% | 0.75% | 0.75% | 0.75% | 0.75% |
Marysville | 0.72% | 0.83% | 0.83% | 0.83% | 0.83% |
Wolf Creek | 0.60% | 0.64% | 0.64% | 0.65% | 0.72% |
Source: Ownwell
Property Tax Assessment Values Across Lewis And Clark County, Montana
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Lewis and Clark County. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering factors like location, property condition, and current economic trends. For tax purposes, this value is estimated by the Lewis and Clark County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. This 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 Lewis and Clark 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. For instance, Clancy has the highest median tax bill at $9,162, while Craig has the lowest at $242. 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 Lewis And Clark County, Montana
Source: Ownwell
$37,500
$509,396
$981,292
Average Lewis And Clark County Assessed Value
$345,065
Average Montana Assessed Value
$317,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Lewis And Clark County, Montana
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Augusta | $43,300 | $70,235 | $169,010 | $270,234 | $404,000 |
Canyon Creek | $85,734 | $179,693 | $253,900 | $396,402 | $608,860 |
Cascade | $78,795 | $140,273 | $236,196 | $381,200 | $559,316 |
Clancy | $800,658 | $868,396 | $981,292 | $1,094,189 | $1,161,926 |
Craig | $37,500 | $37,500 | $37,500 | $37,500 | $37,500 |
East Helena | $102,806 | $247,625 | $318,900 | $407,268 | $518,390 |
Helena | $69,500 | $260,600 | $358,800 | $459,100 | $594,600 |
Lincoln | $30,040 | $123,660 | $238,300 | $342,950 | $453,043 |
Marysville | $117,777 | $207,600 | $246,100 | $309,650 | $510,560 |
Wolf Creek | $81,784 | $176,330 | $287,800 | $469,870 | $761,616 |
Source: Ownwell
Property Tax Bills Across Lewis And Clark County, Montana
In Lewis and Clark County, MT, property tax bills are calculated based on the assessed value of your home and the property tax rate set by local authorities. The assessed value is determined by the county assessor and is a percentage of the market value of your property. For example, with a median home price of $345,065, the tax bill can vary widely. Homeowners in the 25th percentile typically pay around $2,222, while those in the 75th percentile face tax bills closer to $4,457. At the 90th percentile, tax bills can reach up to $5,693. These figures illustrate the range of property tax burdens within the county, influenced by factors such as property size, location, and improvements. Compared to the national median property tax rate of 0.99%, Lewis and Clark County's property tax rates can significantly impact homeowners' annual expenses. The highest median tax bill in the county is found in Clancy at $9,162, while the lowest is in Craig at $242, highlighting the disparity within the region.
Average Lewis And Clark County Tax Bill
$3,454
Average Montana Tax Bill
$2,646
Average United States Tax Bill
$2,690
Property Tax Bills Across Lewis And Clark County, Montana
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Augusta | $328 | $523 | $1,312 | $2,140 | $3,148 |
Canyon Creek | $612 | $1,318 | $1,958 | $2,953 | $4,567 |
Cascade | $446 | $873 | $1,532 | $2,329 | $3,550 |
Clancy | $7,475 | $8,108 | $9,162 | $10,216 | $10,848 |
Craig | $242 | $242 | $242 | $242 | $242 |
East Helena | $969 | $2,584 | $3,279 | $4,052 | $5,026 |
Helena | $632 | $2,627 | $3,631 | $4,600 | $5,857 |
Lincoln | $231 | $902 | $1,708 | $2,532 | $3,427 |
Marysville | $970 | $1,659 | $2,007 | $2,600 | $4,039 |
Wolf Creek | $500 | $1,117 | $1,875 | $3,036 | $4,903 |
Source: Ownwell
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