Saint Regis, Montana Property Taxes
The median property tax rate in Saint Regis, MT is 0.62%, noticeably lower than both the national median of 0.99% and the Montana state median of 0.83%. With the median home value in Saint Regis at $218,900, the typical annual property tax bill amounts to $1,377, which is significantly below the national median of $2,690. Property taxes in Saint Regis are calculated based on the tax assessed value, often lower than the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Saint Regis'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 Saint Regis or another part of Sanders County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Saint Regis, Montana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.62%
Estimate Property Tax Bill
$1,357
$1,259
Ownwell’s Saint Regis Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Saint Regis with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Saint Regis 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 Saint Regis, Montana
Property taxes in Saint Regis, Montana, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Saint Regis is 0.62%, which is lower than the U.S. national median of 0.99%. Local government entities within Saint Regis set these rates annually, and they can vary significantly across different neighborhoods. Each year, Saint Regis 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. The data below compares Saint Regis's effective property tax rate to other areas in Montana and the national median. For comparison, the zip code 59866 has both the highest and lowest median property tax rate of 0.62%. Understanding how these areas compare with Saint Regis provides valuable insights into the varying tax landscape across Sanders County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Saint Regis Tax Rate
0.62%
Average Sanders County Tax Rate
0.66%
Average Montana Tax Rate
0.83%
Average United States Tax Rate
0.99%
Property Tax Rates Across Saint Regis, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59866 | 0.45% | 0.60% | 0.62% | 0.68% | 0.77% |
Source: Ownwell
Property Tax Assessment Values Across Saint Regis, Montana
In Saint Regis, 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 Sanders 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 Saint Regis, 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. For instance, the median home price is $218,900, with tax bills ranging from $956 at the 25th percentile to $2,311 at the 90th percentile. Notably, the highest and lowest median tax bills are both $1,377, found in the 59866 zip code. By understanding 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Saint Regis Assessed Value
$218,900
Average Sanders County Assessed Value
$243,800
Average Montana Assessed Value
$317,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Saint Regis, Montana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59866 | $78,957 | $132,275 | $218,900 | $321,375 | $404,310 |
Source: Ownwell
Property Tax Bills Across Saint Regis, Montana
In Saint Regis, located in Sanders County, MT, property tax bills are calculated based on the assessed value of a homeowner's property. The assessed value is determined by local government assessors who evaluate the market value of the property. Once the market value is established, it is multiplied by the local tax rate to compute the annual property tax bill. Several factors influence the assessed value, including property size, location, and any improvements or renovations made. For homeowners in Saint Regis, the median home price is $218,900, which serves as a baseline for determining tax obligations. The typical tax bill ranges from $956 at the 25th percentile to $1,891 at the 75th percentile, with the top 10% of tax bills reaching up to $2,311. Compared to the national median property tax rate of 0.99%, the tax rates in Saint Regis can vary significantly, impacting homeowners differently based on their property values and specific circumstances. Understanding these factors can help homeowners anticipate their annual property tax responsibilities more accurately.
Average Saint Regis Tax Bill
$1,377
Average Sanders County Tax Bill
$1,839
Average Montana Tax Bill
$2,646
Average United States Tax Bill
$2,690
Property Tax Bills Across Saint Regis, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59866 | $576 | $956 | $1,377 | $1,891 | $2,311 |
Source: Ownwell