Missoula, Missoula County, Montana Property Taxes

Name: Property Tax Bills Across Missoula, Missoula County, Montana
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Missoula, MT effective property tax rate: 0.96%, significantly lower than the national median of 1.02%, but higher than the Montana state median of 0.83%.
Median Missoula, MT home value: $418,300
Median annual Missoula, MT tax bill: $4,008, $1,608 higher than the national median property tax bill of $2,400.

How are property taxes in Missoula County calculated?

Property taxes in Missoula, 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 Missoula’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Missoula, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Missoula, Missoula County, Montana Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.96%

Estimate Property Tax Bill

$4,016

$3,726

Ownwell’s Missoula Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Missoula with just two data points. By entering your property's estimated assessed value, our calculator applies Missoula’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Missoula County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Missoula, Missoula County, Montana

Local government entities determine tax rates, which can differ significantly within a state. This is because each county annually calculates its budget needs for essential services and divides this by the total value of all taxable property in its area, resulting in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is the core of the annual process.

In Missoula, located in Missoula County, the effective property tax rate is an important consideration for property owners. Missoula's property tax rate is comparable to the highest rate in the area, which is 1.02% in the 59802 zip code, aligning with the national median. Meanwhile, the lowest rate in the county is 0.82% in the 59804 zip code, offering potential savings for property owners. The median property tax rate in Montana is 0.96%, slightly below the national median of 1.02%. Comparing these rates can help property owners understand their tax liabilities and explore opportunities for appeals or exemptions.

Property Tax Rates Across Missoula, Missoula County, Montana

Source: Ownwell

0.50%

0.76%

1.02%

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 Missoula Tax Rate

0.96%

Median Effective Missoula County Tax Rate

0.91%

Median Effective Montana Tax Rate

0.83%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Missoula, Missoula County, Montana

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
59801	0.77%	0.93%	1.00%	1.07%	1.14%
59802	0.64%	0.80%	1.02%	1.11%	1.20%
59803	0.77%	0.88%	0.98%	1.05%	1.11%
59804	0.67%	0.76%	0.82%	0.89%	1.02%
59808	0.57%	0.73%	0.89%	0.99%	1.06%

Source: Ownwell

Property Tax Assessment Values Across Missoula, Missoula County, Montana

When examining property taxes in Missoula, 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 Missoula 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 Missoula 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 Missoula.

For example, the median home price in Missoula is $418,300, with tax bills ranging significantly across the county. Zip code 59804 has the highest median home price at $474,600.

Property Tax Assessment Values Across Missoula, Missoula County, Montana

Source: Ownwell

$230,418

$355,109

$479,800

Median Missoula Market Value

$418,300

Median Missoula County Market Value

$411,800

Median Montana Market Value

$317,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Missoula, Missoula County, Montana

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
59801	$253,654	$333,200	$394,200	$486,573	$613,606
59802	$77,055	$271,100	$389,150	$537,029	$722,160
59803	$349,730	$389,975	$473,900	$584,850	$713,880
59804	$83,400	$382,700	$474,600	$599,600	$793,200
59808	$45,920	$223,800	$401,770	$532,100	$682,080

Source: Ownwell

Property Tax Bills Across Missoula, Missoula County, Montana

In Missoula, located in Missoula County, MT, property tax bills are calculated based on the assessed value of a home, which is then multiplied by the local tax rate. The median home price in this area is $418,300. The property tax bill can vary significantly, with the 25th percentile at $2,955 and the 75th percentile reaching $5,142. The 90th percentile climbs even higher to $6,578. In the zip code 59803, the highest median tax bill is $4,488, while the lowest median tax bill in zip code 59808 is $3,468. These figures highlight the variability in tax bills, which can impact homeowners' budgets. Compared to the national median property tax bill of $2,400, Missoula's tax bills tend to be higher. Ownwell assists homeowners by reviewing their property assessments and identifying potential overvaluations. By filing appeals and securing exemptions, Ownwell helps reduce these tax burdens, ensuring homeowners pay only their fair share. This service can lead to substantial savings and financial relief.

Property Tax Bills Across Missoula, Missoula County, Montana

Source: Ownwell

$1,503

$2,996

$4,488

Median Missoula Tax Bill

$4,008

Median Missoula County Tax Bill

$3,741

Median Montana Tax Bill

$2,646

Median United States Tax Bill

$2,400

Property Tax Bills Across Missoula, Missoula County, Montana

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
59801	$1,743	$3,204	$3,954	$4,993	$6,416
59802	$452	$2,423	$3,772	$5,555	$7,371
59803	$3,198	$3,843	$4,488	$5,505	$6,644
59804	$444	$3,147	$4,001	$5,028	$6,500
59808	$234	$1,555	$3,468	$4,613	$6,039

Source: Ownwell