Avon, Montana Property Taxes
The median property tax rate in Avon, MT is 0.65%, significantly lower than both the national median of 0.99% and the Montana state median of 0.83%. With the median home value in Avon, the typical annual property tax bill reaches $1,363, well below the national median of $2,690. Property taxes in Avon are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Avon'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 Avon or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Avon, 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 Avon Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Avon with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Avon 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 Avon, Montana
Property taxes in Avon, Montana, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Avon is 0.65%, which is lower than the U.S. national median of 0.99%. Local government entities within Avon set these rates annually, and they can vary significantly across different neighborhoods. Each year, Avon 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. Understanding how these cities compare with Avon provides valuable insights into the varying tax landscape across Powell County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Avon Tax Rate
0.65%
Average Powell County Tax Rate
0.75%
Average Montana Tax Rate
0.83%
Average United States Tax Rate
0.99%
Property Tax Rates Across Avon, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59713 | 0.60% | 0.65% | 0.65% | 0.66% | 0.75% |
Source: Ownwell
Property Tax Assessment Values Across Avon, Montana
In Avon, 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 Powell 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 Avon, 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 Avon helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 59713 has both the highest and lowest median tax bill at $1,363.
Average Avon Assessed Value
$208,900
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 Avon, Montana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59713 | $54,048 | $113,576 | $208,900 | $406,974 | $684,931 |
Source: Ownwell
Property Tax Bills Across Avon, Montana
In Avon, Powell County, MT, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county assessor and is a percentage of the home's market value. For example, with a median home price of $208,900, homeowners can expect varying tax bills within the city. Factors such as property size, location, and improvements can influence this assessed value. In Avon, the tax bill ranges significantly, with the 25th percentile at $758 and the 75th percentile reaching $2,879. The top 10% of tax bills can go up to $4,736, highlighting the variability based on property specifics. Comparatively, the national median property tax rate is 0.99%, and understanding these local nuances is crucial for homeowners. Higher property taxes can affect overall affordability and long-term financial planning, making it essential for homeowners in Avon to stay informed about their property assessments and potential tax liabilities.
Average Avon Tax Bill
$1,363
Average Powell County Tax Bill
$1,529
Average Montana Tax Bill
$2,646
Average United States Tax Bill
$2,690
Property Tax Bills Across Avon, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59713 | $406 | $758 | $1,363 | $2,879 | $4,736 |
Source: Ownwell