St Regis, Montana Property Taxes
The median property tax rate in St. Regis, MT is 5.07%, considerably higher than both the national median of 0.99% and the Montana state median of 0.83%. With the median home value in St. Regis, the typical annual property tax bill reaches $436, which is lower than the national median of $2,690 due to the relatively low home values. Property taxes in St. Regis are calculated based on the tax assessed value, often below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding St. 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 St. Regis 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
St Regis, Montana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
5.07%
Estimate Property Tax Bill
$436
$405
Ownwell’s St Regis Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in St Regis with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in St 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 St Regis, Montana
Property taxes in St. Regis, Montana, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in St. Regis is 5.07%, significantly higher than both the Montana state median and the U.S. national median of 0.99%. Local government entities within St. Regis set these rates annually, and they can vary significantly across different neighborhoods. Each year, St. 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 St. Regis's effective property tax rate to other areas in Montana and the national median. For comparison, the 59866 zip code has the highest median property tax rate of 5.07%, while the same zip code also has the lowest median tax rate of 5.07%. Understanding how these figures compare with St. 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 St Regis Tax Rate
5.07%
Average Sanders County Tax Rate
0.66%
Average Montana Tax Rate
0.83%
Average United States Tax Rate
0.99%
Property Tax Rates Across St Regis, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59866 | 5.07% | 5.07% | 5.07% | 5.07% | 5.07% |
Source: Ownwell
Property Tax Assessment Values Across St Regis, Montana
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in St. Regis, Montana. 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 St. 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. 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 St. Regis helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in St. Regis are both $436, found in the zip code 59866.
Average St Regis Assessed Value
$8,600
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 St Regis, Montana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59866 | $8,600 | $8,600 | $8,600 | $8,600 | $8,600 |
Source: Ownwell
Property Tax Bills Across St Regis, Montana
In St. Regis, located in Sanders County, MT, property tax bills are calculated based on the assessed value of the property. The assessed value is determined by the county assessor and is a percentage of the property's market value. Once the assessed value is established, the local tax rate is applied to calculate the tax bill. In this region, the median home price is $8,600, resulting in a median property tax bill of $436. This figure is consistent across various percentiles, including the 25th, 75th, and 90th percentiles, indicating a uniform tax rate application. Factors influencing the tax bill include property improvements, changes in market conditions, and any applicable exemptions. These taxes fund essential local services such as schools, emergency services, and infrastructure maintenance. For homeowners, understanding how their property tax bill is determined helps in financial planning and ensures they are prepared for annual tax obligations. Compared to the national median property tax rate of 0.99%, the property tax rate in St. Regis offers a relatively affordable option for homeowners.
Average St Regis Tax Bill
$436
Average Sanders County Tax Bill
$1,839
Average Montana Tax Bill
$2,646
Average United States Tax Bill
$2,690
Property Tax Bills Across St Regis, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59866 | $436 | $436 | $436 | $436 | $436 |
Source: Ownwell