Neihart, Cascade County, Montana Property Taxes
Median Neihart, MT effective property tax rate: 0.70%, significantly lower than the national median of 1.02%, but lower than the Montana state median of 0.83%.
Median Neihart, MT home value: $163,700
Median annual Neihart, MT tax bill: $1,142, $1,258 lower than the national median property tax bill of $2,400.
How are property taxes in Cascade County calculated?
Property taxes in Neihart, 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 Neihart’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Neihart, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Neihart, Cascade County, Montana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.7%
Estimate Property Tax Bill
$1,146
$1,063
Property Tax Rates Across Neihart, Cascade County, Montana
Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
In Neihart, located in Cascade County, MT, the effective property tax rate is 0.70%. This rate stands out when compared to the national median property tax rate of 1.02%. Homeowners in Neihart benefit from a lower tax rate, potentially leading to significant savings on their annual property tax bills. Although the tax rate in Neihart aligns with the highest and lowest rates within its zip code, it remains below the national average. This favorable tax environment can make Neihart an attractive option for property owners seeking lower tax obligations. Understanding these differences can help property owners make informed decisions about where to invest in real estate, taking into account the potential long-term financial benefits of lower property taxes.
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 Neihart Tax Rate
0.70%
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 Cascade County Tax Rate
1.00%
Median Effective Montana Tax Rate
0.83%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Neihart, Cascade County, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59465 | 0.66% | 0.68% | 0.70% | 0.73% | 0.76% |
Source: Ownwell
Property Tax Assessment Values Across Neihart, Cascade County, Montana
When examining property taxes in Neihart, 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 Cascade County Assessor's Office 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 Cascade 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 Neihart.
For example, the median home price in Neihart is $163,700, with tax bills ranging significantly across the county. The zip code 59465 has the highest median home price at $163,700.
Property Tax Assessment Values Across Neihart, Cascade County, Montana
Source: Ownwell
$63,664
$188,882
$314,100
Median Neihart Market Value
$163,700
Median Cascade County Market Value
$238,100
Median Montana Market Value
$317,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Neihart, Cascade County, Montana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59465 | $24,300 | $81,330 | $163,700 | $232,436 | $328,800 |
Source: Ownwell
Property Tax Bills Across Neihart, Cascade County, Montana
Median Neihart Tax Bill
$1,142
Median Cascade County Tax Bill
$2,346
Median Montana Tax Bill
$2,646
Median United States Tax Bill
$2,400
Property Tax Bills Across Neihart, Cascade County, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59465 | $205 | $591 | $1,142 | $1,576 | $2,265 |
Source: Ownwell