Richland County, Montana Property Taxes
The median property tax rate in Richland County, MT is 0.90%, which is just below the national median of 0.99% but higher than the Montana state median of 0.83%. With a median home value of $177,637, the typical annual property tax bill in Richland County is $1,650, significantly lower than the national median of $2,690. Property taxes in Richland County are determined based on the tax assessed value, which is often less than the actual market value due to various property tax exemptions, including those for primary residences and agricultural properties. By understanding Richland County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions, homeowners and real estate investors can achieve substantial annual savings. Whether you reside in Sidney or another part of Richland County, gaining a comprehensive knowledge of local property taxes will be beneficial.
Last Updated June 14, 2024
Richland County, Montana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.9%
Estimate Property Tax Bill
$1,599
$1,484
Ownwell’s Richland Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Richland with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Richland 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 Richland County, Montana
Property taxes in Richland County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Richland County is 0.90%, which is lower than the U.S. national median of 0.99%. Local government entities within Richland County set these rates annually, and they can vary significantly between different areas within the county. Each year, Richland 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 Richland County's effective property tax rate with other counties and the national median. For comparison, the city of Savage has one of the higher property tax rates in the region at 0.95%, while the city of Lambert boasts one of the lowest at 0.52%. Analyzing how Richland County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Richland County Tax Rate
0.90%
Average Montana Tax Rate
0.83%
Average United States Tax Rate
0.99%
Property Tax Rates Across Richland County, Montana
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Brockton | 0.49% | 0.60% | 0.64% | 0.69% | 0.74% |
| Crane | 0.62% | 0.65% | 0.67% | 0.74% | 0.90% |
| Culbertson | 0.59% | 0.64% | 0.69% | 0.84% | 1.50% |
| Enid | N/A | N/A | N/A | N/A | N/A |
| Fairview | 0.61% | 0.70% | 0.87% | 1.05% | 1.39% |
| Lambert | 0.45% | 0.45% | 0.52% | 0.60% | 0.84% |
| Poplar | 0.45% | 0.58% | 0.73% | 0.95% | 1.15% |
| Richey | 0.58% | 0.65% | 0.82% | 1.01% | 1.22% |
| Savage | 0.71% | 0.78% | 0.95% | 1.44% | 2.45% |
| Sidney | 0.65% | 0.74% | 0.94% | 1.09% | 1.33% |
Source: Ownwell
Property Tax Assessment Values Across Richland County, Montana
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Richland. 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 Richland 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 Richland 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 Richland will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. The city with the highest median tax bill is Enid at $1,992, while Crane has the lowest at $552.
Property Tax Assessment Values Across Richland County, Montana
Source: Ownwell
$94,233
$163,704
$233,174
Average Richland County Assessed Value
$177,637
Average Montana Assessed Value
$317,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Richland County, Montana
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Brockton | $123,241 | $138,681 | $233,174 | $289,234 | $470,943 |
| Crane | $31,962 | $48,930 | $94,233 | $199,525 | $283,710 |
| Culbertson | $37,267 | $79,499 | $173,191 | $235,073 | $363,660 |
| Enid | N/A | N/A | N/A | N/A | N/A |
| Fairview | $27,068 | $53,113 | $116,100 | $208,110 | $298,024 |
| Lambert | $22,929 | $50,982 | $146,008 | $265,508 | $381,418 |
| Poplar | $84,954 | $107,237 | $198,360 | $252,256 | $391,553 |
| Richey | $53,788 | $98,828 | $147,267 | $240,100 | $422,858 |
| Savage | $29,361 | $73,772 | $153,050 | $243,295 | $339,146 |
| Sidney | $40,428 | $101,820 | $193,852 | $283,025 | $355,500 |
Source: Ownwell
Property Tax Bills Across Richland County, Montana
In Richland County, MT, property tax bills are calculated based on the assessed value of the property and the local tax rate. The assessed value is determined by the county assessor, who evaluates the property's market value and applies an assessment ratio to arrive at the taxable value. This taxable value is then multiplied by the local tax rate to calculate the property tax bill. Several factors influence the final tax bill, including the property's location, size, and any applicable exemptions. For instance, homeowners in Richland County might see a median tax bill of around $1,992, with the 25th percentile at $892 and the 75th percentile reaching up to $2,417. The highest tax bills can go up to $3,117, significantly impacting homeowners' annual expenses. Compared to the national median property tax rate of 0.99%, Richland County's rates can vary, but the overall process ensures that property taxes are fairly distributed based on property values. This system helps fund essential public services like schools, infrastructure, and emergency services, directly affecting the quality of life for homeowners in the county.
Average Richland County Tax Bill
$1,650
Average Montana Tax Bill
$2,646
Average United States Tax Bill
$2,690
Property Tax Bills Across Richland County, Montana
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Brockton | $833 | $959 | $1,385 | $2,001 | $3,044 |
| Crane | $232 | $308 | $552 | $1,422 | $1,942 |
| Culbertson | $346 | $997 | $1,428 | $2,073 | $2,470 |
| Enid | N/A | N/A | N/A | N/A | N/A |
| Fairview | $354 | $632 | $1,155 | $1,680 | $2,386 |
| Lambert | $176 | $336 | $787 | $1,413 | $2,531 |
| Poplar | $716 | $1,014 | $1,415 | $1,911 | $3,519 |
| Richey | $420 | $805 | $1,281 | $2,852 | $4,363 |
| Savage | $406 | $1,009 | $1,575 | $2,469 | $4,105 |
| Sidney | $388 | $1,110 | $1,836 | $2,544 | $3,149 |
Source: Ownwell