Arlee, Montana Property Taxes
The median property tax rate in Arlee, MT is 0.57%, significantly lower than both the national median of 0.99% and the Montana state median of 0.83%. With the median home value in Arlee at $230,418, the typical annual property tax bill is $1,982, which is below the national median of $2,690. Property taxes in Arlee are calculated based on the tax assessed value, often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Arlee's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Arlee or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Arlee, Montana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.57%
Estimate Property Tax Bill
$1,313
Ownwell’s Arlee Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Arlee with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Arlee 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 Arlee, Montana
Property taxes in Arlee, Montana, play a crucial role in funding essential local services, including public schools, road maintenance, and emergency services. The median tax rate in Arlee is 0.57%, which is lower than both the Montana state median and the U.S. national median of 0.99%. Local government entities within Arlee set these rates annually, and they can vary significantly across different neighborhoods. Each year, Arlee 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 Arlee's effective property tax rate to other areas in Missoula County and the national median. For comparison, the 59821 zip code has both the highest and lowest median property tax rate in the area, standing at 0.57%. Understanding how these areas compare with Arlee provides valuable insights into the varying tax landscape across Missoula County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Arlee Tax Rate
0.57%
Average Missoula County Tax Rate
0.91%
Average Montana Tax Rate
0.83%
Average United States Tax Rate
0.99%
Property Tax Rates Across Arlee, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59821 | 0.43% | 0.51% | 0.57% | 0.64% | 0.76% |
Source: Ownwell
Property Tax Assessment Values Across Arlee, Montana
In Arlee, Montana, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. 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 Missoula County 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 Arlee, 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 Arlee helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills are both $1982 in the zip code 59821, reflecting the area's uniform property tax landscape.
Average Arlee Assessed Value
$230,418
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 Arlee, Montana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59821 | $17,420 | $63,420 | $230,418 | $418,150 | $553,540 |
Source: Ownwell
Property Tax Bills Across Arlee, Montana
In Arlee, located in Missoula County, MT, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is a percentage of the property's market value. Various factors such as the property's location, size, and condition play a crucial role in determining this value. Once the assessed value is established, the local tax rate is applied to calculate the annual property tax bill. For homeowners in Arlee, the tax burden can vary significantly. For instance, the 25th percentile tax bill is around $1,095, while the 75th percentile tax bill reaches up to $2,557. At the higher end, the 90th percentile tax bill can be as much as $3,802. These variations illustrate how different factors can influence property tax amounts. Compared to the national median property tax rate of 0.99%, Arlee's rates reflect the specific economic and real estate conditions of the region, impacting homeowners' financial planning and budgeting.
Average Arlee Tax Bill
$1,982
Average Missoula County Tax Bill
$3,741
Average Montana Tax Bill
$2,646
Average United States Tax Bill
$2,690
Property Tax Bills Across Arlee, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59821 | $93 | $1,095 | $1,982 | $2,557 | $3,802 |
Source: Ownwell