Musselshell County, Montana Property Taxes
The median property tax rate in Musselshell County is 0.71%, which is notably lower than both the national median of 0.99% and the Montana state median of 0.83%. With the median home value in Musselshell County, the typical annual property tax bill amounts to $818, significantly below the national median of $2,690. Property taxes in Musselshell County are determined based on the tax assessed value, which is typically less than the actual market value due to various property tax exemptions, such as those for primary residences and agricultural properties. Understanding Musselshell County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide substantial annual savings. Whether you reside in Roundup or another part of Musselshell County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Musselshell County, Montana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.71%
Estimate Property Tax Bill
$749
$695
Ownwell’s Musselshell County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Musselshell County with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Musselshell County 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 Musselshell County, Montana
Property taxes in Musselshell County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Musselshell County is 0.71%, which is lower than the U.S. national median of 0.99%. Local government entities within Musselshell County set these rates annually, and they can vary significantly between different areas within the county. Each year, Musselshell 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. For comparison, the city of Melstone has one of the higher property tax rates in Montana at 1.13%, while the city of Broadview boasts one of the lowest at 0.59%. Analyzing how Musselshell County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Musselshell County Tax Rate
0.71%
Average Montana Tax Rate
0.83%
Average United States Tax Rate
0.99%
Property Tax Rates Across Musselshell County, Montana
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Broadview | 0.58% | 0.58% | 0.59% | 0.62% | 0.67% |
| Lavina | 0.50% | 0.60% | 0.68% | 0.72% | 0.81% |
| Melstone | 0.72% | 0.87% | 1.13% | 1.24% | 1.50% |
| Musselshell | 0.52% | 0.59% | 0.63% | 0.72% | 0.82% |
| Roundup | 0.50% | 0.60% | 0.71% | 0.83% | 0.97% |
| Shepherd | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Musselshell County, Montana
In Musselshell 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 Musselshell 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 Musselshell 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. Notably, Shepherd has the highest median tax bill at $2,463, while Musselshell has the lowest at $469. Being aware of these valuation processes in Musselshell County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Musselshell County, Montana
Source: Ownwell
$51,155
$90,413
$129,670
Average Musselshell County Assessed Value
$105,526
Average Montana Assessed Value
$317,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Musselshell County, Montana
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Broadview | $7,158 | $39,000 | $100,496 | $225,809 | $244,082 |
| Lavina | $9,107 | $70,707 | $129,670 | $212,466 | $303,542 |
| Melstone | $6,691 | $14,180 | $51,155 | $142,794 | $253,787 |
| Musselshell | $4,735 | $13,369 | $62,500 | $194,882 | $359,188 |
| Roundup | $10,454 | $48,246 | $108,000 | $183,834 | $268,566 |
| Shepherd | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Musselshell County, Montana
In Musselshell County, MT, property tax bills are determined based on the assessed value of a property, which is a percentage of its market value. The tax rate applied to this assessed value is influenced by local government budgets and the needs of public services such as schools and infrastructure. Various factors, including property size, location, and improvements, play a significant role in determining the assessed value. Homeowners in Musselshell County experience a range of property tax bills. For example, the 25th percentile tax bill is around $403, while the 75th percentile reaches $1,268. At the higher end, the 90th percentile tax bill is approximately $1,783. Comparatively, the national median property tax rate is 0.99%, making Musselshell County's tax bills relatively moderate. The highest median tax bill in the county is $2,463 in Shepherd, whereas the lowest is $469 in Musselshell. These variations significantly affect homeowners, impacting their annual financial planning and long-term investment in their properties.
Average Musselshell County Tax Bill
$818
Average Montana Tax Bill
$2,646
Average United States Tax Bill
$2,690
Property Tax Bills Across Musselshell County, Montana
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Broadview | $450 | $552 | $1,216 | $1,431 | $1,495 |
| Lavina | $286 | $601 | $924 | $1,438 | $2,020 |
| Melstone | $85 | $183 | $662 | $1,467 | $2,472 |
| Musselshell | $30 | $109 | $469 | $1,395 | $2,460 |
| Roundup | $176 | $439 | $828 | $1,246 | $1,717 |
| Shepherd | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell