Superior, Mineral County, Montana Property Taxes
Median Superior, MT effective property tax rate: 0.80%, significantly lower than the national median of 1.02%, but lower than the Montana state median of 0.83%. Median Superior, MT home value: $200,900. Median annual Superior, MT tax bill: $1,810, $590 lower than the national median property tax bill of $2,400.
How are property taxes in Mineral County calculated?
Property taxes in Superior, 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 Superior’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Superior, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Superior, Mineral County, Montana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.8%
Estimate Property Tax Bill
$1,607
$1,491
Property Tax Rates Across Superior, Mineral County, Montana
Local government entities in Montana set property tax rates, which can vary significantly within the state. Each year, counties like Mineral estimate their budgetary needs to provide essential services. This budget is then divided by the total value of all taxable property within the county, resulting in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is the core process followed annually.
In Superior, located in Mineral County, the effective property tax rate is a reflection of this process. When compared to other cities in Montana, Superior's tax rate aligns with the state’s median property tax rate of 0.80%, which is notably lower than the national median property tax rate of 1.02%. This comparison highlights the relatively favorable tax environment in Montana. Additionally, the consistency in tax rates across different zip codes within Mineral County suggests a stable tax framework, providing predictability for property owners. Understanding these dynamics can help property owners in Superior make informed decisions regarding their property tax obligations.
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 Superior Tax Rate
0.80%
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 Mineral County Tax Rate
0.79%
Median Effective Montana Tax Rate
0.83%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Superior, Mineral County, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59872 | 0.48% | 0.77% | 0.80% | 1.05% | 1.06% |
Source: Ownwell
Property Tax Assessment Values Across Superior, Mineral County, Montana
When examining property taxes in Superior, 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 Mineral 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 Mineral 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 Superior.
For example, the median home price in Superior is $200,900, with tax bills ranging significantly across the county. Zip code 59872 has the highest median home price at $200,900.
Property Tax Assessment Values Across Superior, Mineral County, Montana
Source: Ownwell
$200,900
$218,147
$235,394
Median Superior Market Value
$200,900
Median Mineral County Market Value
$209,700
Median Montana Market Value
$317,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Superior, Mineral County, Montana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59872 | $11,300 | $75,844 | $200,900 | $315,200 | $421,759 |
Source: Ownwell
Property Tax Bills Across Superior, Mineral County, Montana
In Superior, located in Mineral County, MT, property tax bills are determined by assessing the property's market value and applying the local tax rate. The assessed value of a home is a critical factor, influencing the final tax bill homeowners receive. With a median home price of $200,900, the property tax bills in this area can vary significantly. For instance, while some homeowners might pay as little as $825, others could see bills as high as $3,585. The median tax bill in Superior aligns with the local zip code 59872 at $1,810, which is below the national median of $2,400.
These taxes directly impact homeowners by influencing their annual expenses and potentially affecting property values. Ownwell assists homeowners in Superior by offering expert property tax appeal and exemption services. By identifying potential savings and ensuring accurate assessments, Ownwell helps reduce tax liabilities, allowing homeowners to keep more of their hard-earned money. This service is invaluable in managing and potentially lowering property tax obligations efficiently.
Median Superior Tax Bill
$1,810
Median Mineral County Tax Bill
$1,827
Median Montana Tax Bill
$2,646
Median United States Tax Bill
$2,400
Property Tax Bills Across Superior, Mineral County, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59872 | $259 | $825 | $1,810 | $2,639 | $3,585 |
Source: Ownwell