Glasgow, Valley County, Montana Property Taxes

Name: Property Tax Bills Across Glasgow, Valley County, Montana
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Glasgow, MT effective property tax rate: 1.45%, significantly higher than the national median of 1.02%, but lower than the Montana state median of 0.83%.
Median Glasgow, MT home value: $155,350
Median annual Glasgow, MT tax bill: $2,127, $273 lower than the national median property tax bill of $2,400.

How are property taxes in Valley County calculated?

Property taxes in Glasgow, MT 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 Glasgow’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Glasgow, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Glasgow, Valley County, Montana Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.45%

Estimate Property Tax Bill

$2,253

$2,090

Ownwell’s Glasgow Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Glasgow with just two data points. By entering your property's estimated assessed value, our calculator applies Glasgow’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Valley County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Glasgow, Valley County, Montana

Local government entities determine tax rates, resulting in significant variations within a state. Each year, counties calculate their required budget for services and divide it by the total value of all taxable property in their jurisdiction to establish the property tax rate. This process, though influenced by votes and laws, is the essence of how tax rates are set annually.

In Glasgow, located in Valley County, Montana, the effective property tax rate stands at 1.45%. This rate is notably higher than the national median property tax rate of 1.02%. However, within Montana, Glasgow's rate is representative of the statewide median. This indicates that property owners in Glasgow face a higher tax burden compared to the national average, but are aligned with the state median. Understanding these rates can help property owners in Glasgow make informed decisions and potentially explore property tax appeal opportunities.

Property Tax Rates Across Glasgow, Valley County, Montana

Source: Ownwell

0.76%

1.10%

1.45%

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 Glasgow Tax Rate

1.45%

Median Effective Valley County Tax Rate

1.31%

Median Effective Montana Tax Rate

0.83%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Glasgow, Valley County, Montana

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
59230	0.80%	0.93%	1.45%	1.60%	1.84%

Source: Ownwell

Property Tax Assessment Values Across Glasgow, Valley County, Montana

When examining property taxes in Glasgow, Montana, 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 Valley County Appraisal District 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.

In Valley County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Glasgow. For example, the median home price in Glasgow is $155,350, with tax bills ranging significantly across the county. 59230 has the highest median home price at $155,350.

Property Tax Assessment Values Across Glasgow, Valley County, Montana

Source: Ownwell

$7,312

$143,906

$280,500

Median Glasgow Market Value

$155,350

Median Valley County Market Value

$101,800

Median Montana Market Value

$317,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Glasgow, Valley County, Montana

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
59230	$38,739	$90,016	$155,350	$217,086	$287,451

Source: Ownwell

Property Tax Bills Across Glasgow, Valley County, Montana

In Glasgow, located in Valley County, MT, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in this area is $155,350. The property tax bill can vary significantly, with the 25th percentile at $1,292 and the 75th percentile reaching $2,750. The 90th percentile tax bill is $3,451, indicating that some homeowners pay considerably more than the national median property tax bill of $2,400. Factors influencing these tax bills include the market value of the property, any applicable exemptions, and the specific tax rate set by local authorities. For homeowners, these taxes can represent a substantial annual expense. This is where Ownwell can make a difference. By offering expert property tax appeal and exemption services, Ownwell helps homeowners potentially reduce their tax bills, ensuring they are not overpaying and are taking advantage of any available exemptions. This service can lead to significant savings, easing the financial burden on homeowners.

Property Tax Bills Across Glasgow, Valley County, Montana

Source: Ownwell

$95

$1,337

$2,578

Median Glasgow Tax Bill

$2,127

Median Valley County Tax Bill

$1,277

Median Montana Tax Bill

$2,646

Median United States Tax Bill

$2,400

Property Tax Bills Across Glasgow, Valley County, Montana

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
59230	$610	$1,292	$2,127	$2,750	$3,451

Source: Ownwell