Pondera County, Montana Property Taxes
The median property tax rate in Pondera County is 0.98%, which is just below the national median of 0.99% but notably higher than Montana's state median of 0.83%. With the median home value in Pondera County at $169,000, the typical annual property tax bill is $1,660, which is significantly lower than the national median of $2,690. Property taxes in Pondera County are calculated based on the tax assessed value, which usually falls below the actual market value due to various property tax exemptions such as primary residence and agricultural exemptions. Understanding Pondera 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 Conrad or another part of Pondera County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Pondera County, Montana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.98%
Estimate Property Tax Bill
$1,656
$1,537
Ownwell’s Pondera County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Pondera County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Pondera 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 Pondera County, Montana
Property taxes in Pondera County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Pondera County is 0.98%, which is slightly below the U.S. national median of 0.99%. Local government entities within Pondera County set these rates annually, and they can vary significantly between different areas within the county. Each year, Pondera 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 Pondera County's effective property tax rate with other areas in Montana and the national median. For comparison, the city of Conrad has one of the higher property tax rates in Montana at 1.04%, while the city of Dupuyer boasts one of the lowest at 0.76%. Analyzing how Pondera County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Pondera County Tax Rate
0.98%
Average Montana Tax Rate
0.83%
Average United States Tax Rate
0.99%
Property Tax Assessment Values Across Pondera County, Montana
In Pondera 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 Pondera 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 Pondera 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 Pondera County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. Conrad has the highest median tax bill at $1,845, while Heart Butte has the lowest at $418.
Property Tax Assessment Values Across Pondera County, Montana
Source: Ownwell
$120,100
$151,475
$182,850
Average Pondera County Assessed Value
$169,000
Average Montana Assessed Value
$317,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pondera County, Montana
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Brady | $13,929 | $38,992 | $125,815 | $249,216 | $374,245 |
| Conrad | $41,987 | $107,704 | $182,850 | $260,000 | $363,995 |
| Dupuyer | $20,672 | $45,528 | $120,100 | $197,150 | $348,344 |
| Heart Butte | N/A | N/A | N/A | N/A | N/A |
| Ledger | $12,856 | $40,358 | $160,167 | $290,439 | $377,696 |
| Valier | $30,490 | $74,692 | $160,260 | $264,826 | $369,757 |
Source: Ownwell
Property Tax Bills Across Pondera County, Montana
In Pondera County, MT, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The median home price in the county stands at $169,000. The tax rate is applied to this assessed value to determine the annual tax bill. Various factors influence the tax bill, including property location, home size, and any applicable exemptions. For instance, the tax bill at the 25th percentile is $797, while at the 75th percentile, it rises to $2,530, and at the 90th percentile, it reaches $3,416. Homeowners in Conrad face the highest median tax bill in the county at $1,845, whereas those in Heart Butte enjoy the lowest at $418. These variations can significantly impact homeowners' finances, as higher property taxes can increase the overall cost of owning a home. Comparing these figures to the national median property tax rate of 0.99%, Pondera County exhibits a diverse range of tax burdens, affecting residents differently based on their specific circumstances.
Average Pondera County Tax Bill
$1,660
Average Montana Tax Bill
$2,646
Average United States Tax Bill
$2,690