Rosebud County, Montana Property Taxes
The median property tax rate in Rosebud County is 0.80%, which is slightly lower than both the national median of 0.99% and the Montana state median of 0.83%. With the median home value in Rosebud County, the typical annual property tax bill amounts to $942, significantly below the national median of $2,690. Property taxes in Rosebud County are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions such as primary residence and agricultural exemptions. Understanding Rosebud County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide substantial annual savings. Whether you reside in Forsyth or another part of Rosebud County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Rosebud County, Montana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.8%
Estimate Property Tax Bill
$704
$653
Ownwell’s Rosebud County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Rosebud County with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Rosebud 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’s 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 Rosebud County, Montana
Property taxes in Rosebud County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Rosebud County is 0.80%, which is lower than the U.S. national median of 0.99%. Local government entities within Rosebud County set these rates annually, and they can vary significantly between different areas within the county. Each year, Rosebud 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 Rosebud County's effective property tax rate with other counties in Montana and the national median. For comparison, the city of Forsyth has one of the higher property tax rates in Montana at 1.16%, while the city of Lame Deer boasts one of the lowest at 0.40%. Analyzing how Rosebud County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Rosebud County Tax Rate
0.80%
Average Montana Tax Rate
0.83%
Average United States Tax Rate
0.99%
Property Tax Rates Across Rosebud County, Montana
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Angela | N/A | N/A | N/A | N/A | N/A |
| Ashland | 0.55% | 0.55% | 0.70% | 0.80% | 0.90% |
| Birney | 0.42% | 0.44% | 0.50% | 0.56% | 0.70% |
| Colstrip | 0.58% | 0.64% | 0.78% | 0.83% | 0.97% |
| Forsyth | 0.58% | 0.74% | 1.16% | 1.36% | 1.71% |
| Hathaway | 0.47% | 0.48% | 0.50% | 0.60% | 0.62% |
| Ingomar | 0.56% | 0.59% | 0.65% | 0.77% | 0.96% |
| Lame Deer | 0.40% | 0.40% | 0.40% | 0.41% | 0.41% |
| Melstone | N/A | N/A | N/A | N/A | N/A |
| Miles City | N/A | N/A | N/A | N/A | N/A |
| Rosebud | 0.47% | 0.47% | 0.68% | 1.17% | 1.71% |
| Sumatra | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Rosebud County, Montana
In Rosebud 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 Rosebud 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 Rosebud 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. In Rosebud County, the highest median tax bill is in Angela at $1,656, while the lowest is in Lame Deer at $105. 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 Rosebud County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Rosebud County Assessed Value
$88,000
Average Montana Assessed Value
$317,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Rosebud County, Montana
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Angela | N/A | N/A | N/A | N/A | N/A |
| Ashland | $11,055 | $37,890 | $63,800 | $107,305 | $165,518 |
| Birney | $21,764 | $33,282 | $74,535 | $220,726 | $490,062 |
| Colstrip | $9,338 | $22,358 | $103,700 | $148,800 | $189,780 |
| Forsyth | $9,778 | $41,423 | $98,752 | $164,775 | $219,583 |
| Hathaway | $2,732 | $22,598 | $114,447 | $247,016 | $308,745 |
| Ingomar | $2,274 | $7,333 | $33,038 | $96,857 | $265,690 |
| Lame Deer | $3,566 | $5,782 | $11,908 | $30,212 | $48,254 |
| Melstone | N/A | N/A | N/A | N/A | N/A |
| Miles City | N/A | N/A | N/A | N/A | N/A |
| Rosebud | $6,724 | $16,520 | $43,610 | $140,832 | $262,872 |
| Sumatra | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Rosebud County, Montana
In Rosebud County, MT, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is a percentage of the home's market value, which is periodically evaluated by local authorities. Several factors influence this valuation, including property size, location, and condition. The local tax rate is then applied to this assessed value to calculate the tax bill. Homeowners in Rosebud County experience varying tax bills. For instance, the 25th percentile tax bill is $374, while the 75th percentile tax bill reaches $1401. The 90th percentile tax bill can be as high as $2022. These figures illustrate the range of property tax burdens homeowners might face, depending on their property's assessed value and location. Compared to the national median property tax rate of 0.99%, Rosebud County's property taxes can be relatively moderate or significantly higher, affecting homeowners' financial planning and overall cost of living.
Average Rosebud County Tax Bill
$942
Average Montana Tax Bill
$2,646
Average United States Tax Bill
$2,690
Property Tax Bills Across Rosebud County, Montana
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Angela | N/A | N/A | N/A | N/A | N/A |
| Ashland | $226 | $343 | $417 | $949 | $1,370 |
| Birney | $112 | $216 | $461 | $1,380 | $2,312 |
| Colstrip | $88 | $299 | $926 | $1,183 | $1,459 |
| Forsyth | $285 | $607 | $1,112 | $1,746 | $2,221 |
| Hathaway | $207 | $345 | $969 | $1,377 | $1,808 |
| Ingomar | $17 | $126 | $325 | $749 | $1,968 |
| Lame Deer | $45 | $52 | $105 | $170 | $254 |
| Melstone | N/A | N/A | N/A | N/A | N/A |
| Miles City | N/A | N/A | N/A | N/A | N/A |
| Rosebud | $70 | $225 | $560 | $1,290 | $2,932 |
| Sumatra | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell