Powell County, Montana Property Taxes
The median property tax rate in Powell County is 0.75%, 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 Powell County at $190,600, the typical annual property tax bill is approximately $1,529, which is significantly less than the national median of $2,690. Property taxes in Powell County are calculated based on the tax assessed value, which is generally lower than the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Powell 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 Deer Lodge or another part of Powell County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Powell County, Montana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.75%
Estimate Property Tax Bill
$1,430
$1,327
Ownwell’s Powell County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Powell County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Powell 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 Powell County, Montana
Property taxes in Powell County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Powell County is 0.75%, which is lower than the U.S. national median of 0.99%. Local government entities within Powell County set these rates annually, and they can vary significantly between different areas within the county. Each year, Powell 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 Powell County's effective property tax rate with other counties in Montana and the national median. For comparison, the city of Deer Lodge has one of the higher property tax rates in Montana at 0.88%, while the city of Gold Creek boasts one of the lowest at 0.57%. Analyzing how Powell County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Powell County Tax Rate
0.75%
Average Montana Tax Rate
0.83%
Average United States Tax Rate
0.99%
Property Tax Rates Across Powell County, Montana
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Avon | 0.60% | 0.65% | 0.65% | 0.66% | 0.75% |
| Deer Lodge | 0.62% | 0.74% | 0.88% | 0.88% | 0.89% |
| Drummond | N/A | N/A | N/A | N/A | N/A |
| Elliston | 0.61% | 0.65% | 0.65% | 0.65% | 0.66% |
| Garrison | 0.44% | 0.64% | 0.65% | 0.74% | 0.76% |
| Gold Creek | 0.39% | 0.53% | 0.57% | 0.61% | 0.66% |
| Helmville | 0.55% | 0.64% | 0.71% | 0.74% | 0.80% |
| Lincoln | 0.63% | 0.64% | 0.65% | 0.67% | 0.72% |
| Ovando | 0.57% | 0.64% | 0.65% | 0.66% | 0.71% |
Source: Ownwell
Property Tax Assessment Values Across Powell County, Montana
In Powell 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 Powell 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 Powell 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. For instance, the median home price in Powell County is $190,600, with tax bills varying widely across the region. Lincoln has the highest median tax bill at $2,576, while Avon has the lowest at $1,363. 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 Powell County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Powell County Assessed Value
$190,600
Average Montana Assessed Value
$317,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Powell County, Montana
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Avon | $54,048 | $113,576 | $208,900 | $406,974 | $684,931 |
| Deer Lodge | $17,350 | $89,192 | $172,700 | $257,900 | $471,900 |
| Drummond | N/A | N/A | N/A | N/A | N/A |
| Elliston | $23,061 | $146,391 | $271,850 | $484,541 | $734,780 |
| Garrison | $10,030 | $99,522 | $207,170 | $399,434 | $567,241 |
| Gold Creek | $85,944 | $128,118 | $276,843 | $551,263 | $861,674 |
| Helmville | $71,242 | $113,423 | $194,034 | $379,150 | $619,038 |
| Lincoln | $199,271 | $234,781 | $346,300 | $533,044 | $579,200 |
| Ovando | $68,603 | $166,000 | $298,602 | $571,700 | $998,215 |
Source: Ownwell
Property Tax Bills Across Powell County, Montana
In Powell County, MT, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The county considers various factors, including the property's location, size, and condition, to determine its assessed value. Once the assessed value is established, local tax rates are applied to calculate the annual tax bill. Homeowners in Powell County experience a range of property tax bills. For instance, the tax bill at the 25th percentile is $783, while those at the 75th and 90th percentiles are $2,431 and $4,386, respectively. This indicates a significant variation in tax burdens depending on property values and specific assessments. Comparatively, Powell County's property tax rates can be seen in the context of the national median property tax rate of 0.99%. Cities within the county also show variation, with Lincoln having the highest median tax bill at $2,576 and Avon the lowest at $1,363. These differences underscore the importance of accurate property assessments in determining fair tax contributions for homeowners.
Average Powell County Tax Bill
$1,529
Average Montana Tax Bill
$2,646
Average United States Tax Bill
$2,690
Property Tax Bills Across Powell County, Montana
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Avon | $406 | $758 | $1,363 | $2,879 | $4,736 |
| Deer Lodge | $299 | $752 | $1,482 | $2,209 | $3,670 |
| Drummond | N/A | N/A | N/A | N/A | N/A |
| Elliston | $618 | $998 | $1,776 | $3,217 | $4,810 |
| Garrison | $235 | $699 | $1,620 | $2,809 | $3,815 |
| Gold Creek | $424 | $621 | $1,380 | $2,888 | $4,963 |
| Helmville | $463 | $777 | $1,394 | $2,586 | $4,315 |
| Lincoln | $1,359 | $1,732 | $2,576 | $3,637 | $3,816 |
| Ovando | $541 | $1,169 | $2,053 | $3,767 | $6,546 |
Source: Ownwell