Ravalli County, Montana Property Taxes
Median Ravalli County effective property tax rate: 0.65%, significantly lower than the national median of 1.02%.
Median Ravalli County home value: $388,190
Median annual Ravalli County tax bill: $2,660, $260 higher than the national median property tax bill of $2,400.
How are property taxes in Ravalli County calculated?
Property taxes in Ravalli County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Hamilton or another part of Ravalli County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Ravalli County, Montana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.65%
Estimate Property Tax Bill
$2,523
$2,341
Property Tax Rates Across Ravalli County, Montana
Local government entities have the authority to set property tax rates, which often vary significantly within a state. This variation arises because each county, such as Ravalli County in Montana, annually calculates its budgetary needs for providing essential services. This budget is then divided by the total value of all taxable property within the county, resulting in the property tax rate. While this process involves votes and legislative decisions, it essentially boils down to this annual calculation.
Comparing Ravalli County's effective property tax rate with other counties in Montana or the U.S. median property tax rate can provide valuable insights. Ravalli County's median property tax rate is lower than the national median, which stands at 1.02%. Within the county, Florence reports the highest median tax rate, while Darby has the lowest. This comparison highlights the variability in tax rates even within a single county, emphasizing the importance of understanding local tax dynamics. By analyzing these differences, property owners can better navigate the complexities of property taxation and potentially identify opportunities for tax savings.
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 Ravalli County Tax Rate
0.65%
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 Montana Tax Rate
0.83%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Ravalli County, Montana
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Conner | 0.50% | 0.54% | 0.55% | 0.56% | 0.56% |
| Corvallis | 0.55% | 0.64% | 0.64% | 0.65% | 0.65% |
| Darby | 0.50% | 0.54% | 0.54% | 0.56% | 0.65% |
| Florence | 0.71% | 0.76% | 0.76% | 0.76% | 0.76% |
| Hamilton | 0.53% | 0.65% | 0.65% | 0.91% | 0.91% |
| Pinesdale | 0.67% | 0.67% | 0.67% | 0.67% | 0.67% |
| Stevensville | 0.65% | 0.69% | 0.71% | 0.72% | 0.77% |
| Sula | 0.55% | 0.56% | 0.56% | 0.56% | 0.56% |
| Victor | 0.49% | 0.55% | 0.55% | 0.55% | 0.60% |
Source: Ownwell
Property Tax Assessment Values Across Ravalli County, Montana
When examining property taxes in Ravalli County, 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 Ravalli County Department of Revenue 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.
Assessment notices:
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 Ravalli County. For example, the median tax bill in Ravalli County is $2,400, with tax bills ranging significantly across the county. Florence has the highest median home price at $443,500.
Property Tax Assessment Values Across Ravalli County, Montana
Source: Ownwell
$194,605
$319,053
$443,500
Median Ravalli County Market Value
$388,190
Median Montana Market Value
$317,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Ravalli County, Montana
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Conner | $12,449 | $69,728 | $272,950 | $420,375 | $676,627 |
| Corvallis | $71,756 | $271,636 | $402,650 | $533,225 | $704,900 |
| Darby | $58,662 | $216,557 | $357,448 | $523,675 | $782,200 |
| Florence | $188,557 | $353,200 | $443,500 | $554,400 | $691,600 |
| Hamilton | $109,282 | $251,410 | $362,850 | $481,450 | $682,100 |
| Pinesdale | $20,111 | $111,862 | $194,605 | $332,775 | $464,295 |
| Stevensville | $141,187 | $309,906 | $409,400 | $519,050 | $674,317 |
| Sula | $32,940 | $113,402 | $246,000 | $406,522 | $610,755 |
| Victor | $40,260 | $206,264 | $372,250 | $521,986 | $722,879 |
Source: Ownwell
Property Tax Bills Across Ravalli County, Montana
In Ravalli County, MT, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. This assessed value is a percentage of the property's market value. The median home price in the county is $388,190, significantly influencing the tax bill. Homeowners in Ravalli County can expect a wide range of tax bills. The 25th percentile tax bill is $1,680, while the 75th percentile reaches $3,554, and the 90th percentile climbs to $4,677. These figures highlight the variability in tax bills depending on the property's assessed value and location within the county.
Florence has the highest median tax bill at $3,372, while Pinesdale has the lowest at $1,315. Compared to the national median property tax rate of 1.02% and a median tax bill of $2,400, Ravalli County's tax bills can be relatively high, affecting homeowners' financial planning. Understanding these factors can help homeowners anticipate their property tax obligations more accurately.
Median Ravalli County Tax Bill
$2,660
Median Montana Tax Bill
$2,646
Median United States Tax Bill
$2,400
Property Tax Bills Across Ravalli County, Montana
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Conner | $82 | $500 | $1,513 | $2,346 | $3,754 |
| Corvallis | $567 | $1,699 | $2,568 | $3,436 | $4,564 |
| Darby | $465 | $1,199 | $2,010 | $2,888 | $4,327 |
| Florence | $1,431 | $2,635 | $3,372 | $4,217 | $5,292 |
| Hamilton | $587 | $1,644 | $2,582 | $3,487 | $4,610 |
| Pinesdale | $217 | $764 | $1,315 | $2,282 | $3,315 |
| Stevensville | $1,067 | $2,171 | $2,931 | $3,660 | $4,790 |
| Sula | $188 | $608 | $1,363 | $2,341 | $3,613 |
| Victor | $324 | $1,164 | $2,078 | $2,937 | $4,095 |
Source: Ownwell