Missoula County, Montana Property Taxes
The median property tax rate in Missoula County is 0.91%, which is lower than the national median of 0.99% but higher than the Montana state median of 0.83%. With the median home value in Missoula County at $411,800, the typical annual property tax bill amounts to approximately $3,741, which is above the national median of $2,690. Property taxes in Missoula County are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions, such as the primary residence and agricultural exemptions. Understanding Missoula County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Missoula or another part of Missoula County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Missoula County, Montana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.91%
Estimate Property Tax Bill
$3,747
$3,477
Ownwell’s Missoula Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Missoula with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Missoula 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 Missoula County, Montana
Property taxes in Missoula County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Missoula County is 0.91%, which is lower than the U.S. national median of 0.99%. Local government entities within Missoula County set these rates annually, and they can vary significantly between different areas within the county. Each year, Missoula 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 Missoula County's effective property tax rate with other areas in Montana and the national median. For comparison, the city of Missoula has one of the higher property tax rates in Montana at 0.96%, while the city of Greenough boasts one of the lowest at 0.50%. Analyzing how Missoula County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Missoula County Tax Rate
0.91%
Average Montana Tax Rate
0.83%
Average United States Tax Rate
0.99%
Property Tax Rates Across Missoula County, Montana
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alberton | 0.45% | 0.60% | 0.65% | 0.71% | 0.80% |
| Arlee | 0.43% | 0.51% | 0.57% | 0.64% | 0.76% |
| Bonner | 0.47% | 0.54% | 0.59% | 0.71% | 0.81% |
| Bozeman | N/A | N/A | N/A | N/A | N/A |
| Clinton | 0.41% | 0.62% | 0.70% | 0.78% | 0.88% |
| Condon | 0.39% | 0.47% | 0.52% | 0.57% | 0.63% |
| Florence | 0.48% | 0.63% | 0.70% | 0.77% | 0.84% |
| Frenchtown | 0.56% | 0.65% | 0.71% | 0.79% | 0.88% |
| Greenough | 0.28% | 0.44% | 0.50% | 0.55% | 0.62% |
| Huson | 0.49% | 0.66% | 0.74% | 0.83% | 0.91% |
| Lolo | 0.68% | 0.83% | 0.91% | 0.97% | 1.05% |
| Milltown | 0.25% | 0.60% | 0.72% | 0.82% | 0.95% |
| Missoula | 0.66% | 0.82% | 0.96% | 1.05% | 1.13% |
| Potomac | N/A | N/A | N/A | N/A | N/A |
| Seeley Lake | 0.45% | 0.55% | 0.60% | 0.65% | 0.71% |
Source: Ownwell
Property Tax Assessment Values Across Missoula County, Montana
In Missoula 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 Missoula 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 Missoula 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. Being aware of these valuation processes in Missoula County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. In Missoula County, Bozeman has the highest median tax bill at $4,052, while Greenough has the lowest at $1,503.
Property Tax Assessment Values Across Missoula County, Montana
Source: Ownwell
$230,418
$355,109
$479,800
Average Missoula County Assessed Value
$411,800
Average Montana Assessed Value
$317,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Missoula County, Montana
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alberton | $113,449 | $253,185 | $376,348 | $526,045 | $740,050 |
| Arlee | $17,420 | $63,420 | $230,418 | $418,150 | $553,540 |
| Bonner | $113,024 | $263,420 | $394,904 | $519,800 | $643,943 |
| Bozeman | N/A | N/A | N/A | N/A | N/A |
| Clinton | $12,830 | $95,800 | $311,429 | $446,509 | $538,710 |
| Condon | $117,921 | $241,005 | $415,450 | $608,635 | $914,500 |
| Florence | $118,521 | $304,404 | $479,800 | $602,000 | $740,220 |
| Frenchtown | $48,500 | $253,496 | $469,450 | $594,800 | $698,116 |
| Greenough | $14,190 | $49,958 | $292,210 | $499,425 | $651,780 |
| Huson | $63,928 | $245,413 | $456,200 | $603,800 | $774,290 |
| Lolo | $45,750 | $333,200 | $396,800 | $484,925 | $634,350 |
| Milltown | $153,778 | $211,275 | $272,050 | $334,559 | $441,160 |
| Missoula | $122,100 | $327,400 | $418,300 | $541,350 | $688,700 |
| Potomac | N/A | N/A | N/A | N/A | N/A |
| Seeley Lake | $69,098 | $219,886 | $403,900 | $604,600 | $837,300 |
Source: Ownwell
Property Tax Bills Across Missoula County, Montana
In Missoula County, MT, property tax bills are calculated based on the assessed value of a home, which typically reflects a percentage of its market value. The median home price in the county is $411,800. Property taxes are determined by multiplying the assessed value by the local tax rate. Various factors influence the final tax bill, including property size, location, and any applicable exemptions or deductions. For homeowners in Missoula County, the tax burden can vary significantly. The 25th percentile tax bill is around $2,400, while the 75th percentile reaches $4,888, and the 90th percentile can go up to $6,320. This wide range shows how different property characteristics and exemptions can impact the overall tax amount. For instance, Bozeman has the highest median tax bill at $4,052, whereas Greenough has the lowest at $1,503, highlighting the disparities within the region. Understanding these factors is crucial for homeowners to anticipate their property tax obligations accurately.
Average Missoula County Tax Bill
$3,741
Average Montana Tax Bill
$2,646
Average United States Tax Bill
$2,690
Property Tax Bills Across Missoula County, Montana
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alberton | $458 | $1,398 | $2,317 | $3,506 | $4,640 |
| Arlee | $93 | $1,095 | $1,982 | $2,557 | $3,802 |
| Bonner | $565 | $1,488 | $2,402 | $3,256 | $4,043 |
| Bozeman | N/A | N/A | N/A | N/A | N/A |
| Clinton | $66 | $726 | $2,124 | $3,125 | $3,867 |
| Condon | $532 | $1,104 | $2,022 | $3,294 | $5,069 |
| Florence | $533 | $1,880 | $3,258 | $4,384 | $5,284 |
| Frenchtown | $299 | $1,647 | $3,191 | $4,163 | $4,978 |
| Greenough | $49 | $163 | $1,503 | $2,490 | $3,312 |
| Huson | $341 | $1,706 | $3,193 | $4,449 | $5,823 |
| Lolo | $357 | $2,768 | $3,554 | $4,413 | $5,741 |
| Milltown | $746 | $1,359 | $1,854 | $2,555 | $3,355 |
| Missoula | $680 | $2,955 | $4,008 | $5,142 | $6,578 |
| Potomac | N/A | N/A | N/A | N/A | N/A |
| Seeley Lake | $393 | $1,155 | $2,273 | $3,636 | $5,248 |
Source: Ownwell