Liberty County Property Taxes
The median property tax rate in Liberty County is 0.90%, 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 in Liberty County of $147,950, the typical annual property tax bill amounts to $1,293, significantly below the national median of $2,690. Property taxes in Liberty County are based on the assessed value of the property, which is often less than the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Liberty County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide substantial annual savings. Whether you live in Chester or another part of Liberty County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Liberty 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 Liberty County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Liberty County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Liberty 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 Liberty County, Montana
Property taxes in Liberty County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Liberty County is 0.90%, which is lower than the U.S. national median of 0.99%. Local government entities within Liberty County set these rates annually, and they can vary significantly between different areas within the county. Each year, Liberty 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 Liberty County's effective property tax rate with other counties in Montana and the national median. For comparison, the city of Chester has one of the higher property tax rates in Montana at 0.90%, while the city of Lothair boasts one of the lowest at 0.73%. Analyzing how Liberty County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Liberty County Tax Rate
0.90%
Average Montana Tax Rate
0.83%
Average United States Tax Rate
0.99%
Property Tax Assessment Values Across Liberty County, Montana
In Liberty County, 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 Liberty County 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 Liberty 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 example, the highest median tax bill in Liberty County is $2,689 in Ledger, while the lowest is $1,109 in Joplin. Being aware of these valuation processes in Liberty County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Liberty County, Montana
Source: Ownwell
$141,900
$240,551
$339,202
Average Liberty County Assessed Value
$147,950
Average Montana Assessed Value
$317,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Liberty County, Montana
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Chester | $21,155 | $73,838 | $147,300 | $240,305 | $392,260 |
| Galata | $54,925 | $100,990 | $243,526 | $472,680 | $516,165 |
| Joplin | $22,984 | $73,035 | $141,900 | $254,600 | $398,576 |
| Ledger | $120,918 | $217,329 | $339,202 | $410,306 | $743,726 |
| Lothair | $55,124 | $80,632 | $151,800 | $358,904 | $466,139 |
| Whitlash | $46,802 | $93,989 | $234,981 | $359,730 | $474,677 |
Source: Ownwell
Property Tax Bills Across Liberty County, Montana
In Liberty County, MT, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in the county is $147,950. Homeowners' tax bills can vary significantly, with the 25th percentile paying around $622 and the 75th percentile facing bills up to $2,221. Those in the 90th percentile may see bills as high as $3,620. These variations are influenced by factors such as property location, home value, and applicable exemptions. For instance, the city of Ledger has the highest median tax bill in the county at $2,689, while Joplin has the lowest at $1,109. Compared to the national median property tax rate of 0.99%, Liberty County's tax rates can result in significantly different tax burdens for homeowners. Understanding these factors helps homeowners anticipate their tax obligations and plan accordingly, ensuring they are not caught off guard by their annual property tax bills.
Average Liberty County Tax Bill
$1,293
Average Montana Tax Bill
$2,646
Average United States Tax Bill
$2,690