Wheatland County, Montana Property Taxes
The median property tax rate in Wheatland County is 0.77%, which is notably lower than both the national median of 0.99% and the Montana state median of 0.83%. With a median home value of $93,000 in Wheatland County, the typical annual property tax bill amounts to $680, significantly below the national median of $2,690. Property taxes in Wheatland County are determined based on the tax assessed value, which is often less than the actual market value due to various property tax exemptions such as primary residence and agricultural exemptions. Understanding Wheatland 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 Harlowton or another part of Wheatland County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Wheatland County, Montana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.77%
Estimate Property Tax Bill
$716
$665
Ownwell’s Wheatland Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Wheatland with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Wheatland 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 Wheatland County, Montana
Property taxes in Wheatland County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Wheatland County is 0.77%, which is lower than the U.S. national median of 0.99%. Local government entities within Wheatland County set these rates annually, and they can vary significantly between different areas within the county. Each year, Wheatland 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. For comparison, the city of Harlowton has one of the higher property tax rates in the region at 0.79%, while the city of Shawmut boasts one of the lowest at 0.60%. Analyzing how Wheatland County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Wheatland County Tax Rate
0.77%
Average Montana Tax Rate
0.83%
Average United States Tax Rate
0.99%
Property Tax Rates Across Wheatland County, Montana
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Garneill | N/A | N/A | N/A | N/A | N/A |
| Harlowton | 0.60% | 0.78% | 0.79% | 0.79% | 0.79% |
| Judith Gap | 0.54% | 0.58% | 0.74% | 0.75% | 0.75% |
| Ryegate | N/A | N/A | N/A | N/A | N/A |
| Shawmut | 0.60% | 0.60% | 0.60% | 0.63% | 0.72% |
| Two Dot | 0.60% | 0.60% | 0.60% | 0.71% | 0.79% |
Source: Ownwell
Property Tax Assessment Values Across Wheatland County, Montana
In Wheatland 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 Wheatland 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 Wheatland 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. 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 Wheatland County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. In Wheatland County, Ryegate has the highest median tax bill at $1,527, while Shawmut has the lowest at $383.
Property Tax Assessment Values Across Wheatland County, Montana
Source: Ownwell
$56,311
$78,956
$101,600
Average Wheatland County Assessed Value
$93,000
Average Montana Assessed Value
$317,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Wheatland County, Montana
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Garneill | N/A | N/A | N/A | N/A | N/A |
| Harlowton | $26,136 | $61,500 | $101,600 | $155,800 | $223,804 |
| Judith Gap | $10,090 | $20,404 | $67,800 | $179,734 | $252,590 |
| Ryegate | N/A | N/A | N/A | N/A | N/A |
| Shawmut | $6,962 | $20,780 | $56,311 | $120,110 | $205,050 |
| Two Dot | $9,079 | $24,785 | $69,814 | $234,418 | $432,100 |
Source: Ownwell
Property Tax Bills Across Wheatland County, Montana
In Wheatland County, MT, property tax bills are calculated based on the assessed value of a property, which is determined by the local tax assessor. The assessed value is a percentage of the property's market value. Once the assessed value is established, it is multiplied by the local tax rate to calculate the annual tax bill. For instance, a median home price in Wheatland County is $93,000. Property tax bills can vary significantly within the county. For example, the 25th percentile tax bill is $317, while the 75th percentile tax bill is $1,176, and the 90th percentile tax bill reaches up to $1,694. The city of Ryegate has the highest median tax bill at $1,527, whereas Shawmut has the lowest at $383. These variations highlight how different factors, such as property location and market value, influence the tax burden on homeowners. Compared to the national median property tax rate of 0.99%, Wheatland County offers a diverse range of tax bills, impacting homeowners differently based on their specific circumstances.
Average Wheatland County Tax Bill
$680
Average Montana Tax Bill
$2,646
Average United States Tax Bill
$2,690
Property Tax Bills Across Wheatland County, Montana
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Garneill | N/A | N/A | N/A | N/A | N/A |
| Harlowton | $188 | $450 | $777 | $1,205 | $1,630 |
| Judith Gap | $75 | $148 | $505 | $1,144 | $1,691 |
| Ryegate | N/A | N/A | N/A | N/A | N/A |
| Shawmut | $76 | $153 | $383 | $759 | $1,374 |
| Two Dot | $51 | $133 | $427 | $1,654 | $3,026 |
Source: Ownwell