Huson, Montana Property Taxes
The median property tax rate in Huson, MT is 0.74%, which is lower than both the national median of 0.99% and the Montana state median of 0.83%. With the median home value in Huson at $456,200, the typical annual property tax bill reaches $3,193, surpassing the national median of $2,690. Property taxes in Huson are calculated based on the tax assessed value, which is often lower than the market value due to exemptions like primary residence and agricultural exemptions. Understanding Huson's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Huson or another part of Missoula County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Huson, Montana 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 Huson Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Huson with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Huson 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 Huson, Montana
Property taxes in Huson, Montana, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Huson is 0.74%, lower than the U.S. national median of 0.99%. Local government entities within Huson set these rates annually, and they can vary significantly across different neighborhoods. Each year, Huson 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 Huson's effective property tax rate to other counties in Montana and the national median. For comparison, the 59846 zip code has the highest median property tax rate of 0.74%, while the same 59846 zip code also has the lowest median tax rate of 0.74%. Understanding how these cities compare with Huson 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 Huson Tax Rate
0.74%
Average Missoula County Tax Rate
0.91%
Average Montana Tax Rate
0.83%
Average United States Tax Rate
0.99%
Property Tax Rates Across Huson, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59846 | 0.49% | 0.66% | 0.74% | 0.83% | 0.91% |
Source: Ownwell
Property Tax Assessment Values Across Huson, Montana
In Huson, 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 Huson, 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 Huson helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 59846 has the highest median tax bill, amounting to $3,193.
Average Huson Assessed Value
$456,200
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 Huson, Montana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59846 | $63,928 | $245,413 | $456,200 | $603,800 | $774,290 |
Source: Ownwell
Property Tax Bills Across Huson, Montana
Property tax bills in Huson, located in Missoula County, MT, are determined based on the assessed value of a property and the local tax rate. The assessed value is a percentage of the property's market value, which in Huson has a median home price of $456,200. Local authorities then apply the tax rate to this assessed value to calculate the annual tax bill. Factors such as property size, location, and improvements also influence the assessed value. Homeowners in Huson can expect varying tax bills depending on their property's assessed value. For instance, the 25th percentile tax bill is around $1,706, while the 75th percentile tax bill reaches $4,449. At the higher end, the 90th percentile tax bill can be as much as $5,823. These figures illustrate the range of property tax burdens homeowners might face. Compared to the national median property tax rate of 0.99%, the tax bills in Huson reflect the local economic conditions and property values, impacting homeowners' annual financial planning significantly.
Average Huson Tax Bill
$3,193
Average Missoula County Tax Bill
$3,741
Average Montana Tax Bill
$2,646
Average United States Tax Bill
$2,690
Property Tax Bills Across Huson, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59846 | $341 | $1,706 | $3,193 | $4,449 | $5,823 |
Source: Ownwell