Property Tax for Montana (2026)
Montana (MT) Key Facts
Effective Property Tax Rate
0.84%
Tax Level
Moderate compared to national average
Assessed By
County assessor
Payment Frequency
Varies by county (annual or semi-annual)
How This Calculator Works in Montana
This calculator estimates your annual Montana property tax based on your home's value and the state's average effective rate of 0.84%. Enter your property value to see your estimated annual tax bill.
Montana Overview
Montana has an effective property tax rate of 0.74%, near the national average of ~1.11%. A defining feature of the state's system is that no sales tax; property tax is key revenue. Residential taxable rate ~1.35% of market value, making it important for homeowners to understand local assessment practices and available exemptions.
How Montana Compares
Montana's property tax rate of 0.84% compares to Idaho at 0.69% and Wyoming at 0.61%. The moderate rate reflects a balanced approach to property taxation.
| State | Top Rate | Notes |
|---|---|---|
| Idaho | 0.69% | Idaho has a property tax rate of 0.69%. |
| Wyoming | 0.61% | Wyoming has a property tax rate of 0.61%. |
| North Dakota | 0.98% | North Dakota has a property tax rate of 0.98%. |
Montana's property tax rate of 0.84% compares to a national average of approximately 1.11%. This is below the national average.
Tips for Montana Residents
- 1Montana's effective property tax rate of 0.74% is near the national average of ~1.11%. Key feature: no sales tax; property tax is key revenue.
- 2Residential taxable rate ~1.35% of market value. Always verify your assessed value matches your property's actual condition and features.
- 3Appeal your property tax assessment if comparable sales in your area suggest your home is overvalued — Montana allows formal protests through the county or local assessor's office.
- 4Check whether you qualify for Montana's homestead exemption or other relief programs (senior, disabled, veteran) — these can meaningfully reduce your annual tax bill.
- 5Montana property taxes are deductible on your federal return subject to the $10,000 SALT cap. With a 0.74% rate, a $350,000 home owes roughly $2,590/year before exemptions.