Lewistown, Fergus County, Montana Property Taxes
Median Lewistown, MT effective property tax rate: 1.15%, significantly higher than the national median of 1.02%, but lower than the Montana state median of 0.83%.
Median Lewistown, MT home value: $190,950
Median annual Lewistown, MT tax bill: $2,045, $355 lower than the national median property tax bill of $2,400.
How are property taxes in Fergus County calculated?
Property taxes in Lewistown, 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 Lewistown’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Lewistown, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Lewistown, Fergus County, Montana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.15%
Estimate Property Tax Bill
$2,196
$2,038
Property Tax Rates Across Lewistown, Fergus County, Montana
Local government entities are responsible for setting property tax rates, which can differ significantly across a state. Each county, including Fergus County, calculates its required budget to provide essential services and divides this amount by the total value of all taxable property within its jurisdiction. This process determines the property tax rate. While the setting of tax rates and budgets involves votes and legislation, this annual calculation is at the core of the process.
In Lewistown, located in Fergus County, the effective property tax rate reflects this calculation. When comparing Lewistown's property tax rate to other cities in Montana, it's important to note that the median tax rate in Montana is higher than the national median of 1.02%. This means property owners in Lewistown may experience higher tax bills compared to the national average. However, these taxes fund crucial local services that benefit the community. Understanding these dynamics can help property owners make informed decisions about their investments and potential tax appeals.
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 Lewistown Tax Rate
1.15%
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 Fergus County Tax Rate
0.99%
Median Effective Montana Tax Rate
0.83%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Lewistown, Fergus County, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59457 | 0.69% | 0.86% | 1.15% | 1.22% | 1.28% |
Source: Ownwell
Property Tax Assessment Values Across Lewistown, Fergus County, Montana
When examining property taxes in Lewistown, MT, 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 Fergus 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 Fergus 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 Lewistown.
For example, the median home price in Lewistown is $190,950, with tax bills ranging significantly across the county. Zip code 59457 has the highest median home price at $190,950.
Property Tax Assessment Values Across Lewistown, Fergus County, Montana
Source: Ownwell
$94,472
$171,971
$249,470
Median Lewistown Market Value
$190,950
Median Fergus County Market Value
$177,627
Median Montana Market Value
$317,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Lewistown, Fergus County, Montana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59457 | $41,233 | $116,425 | $190,950 | $288,650 | $423,048 |
Source: Ownwell
Property Tax Bills Across Lewistown, Fergus County, Montana
Median Lewistown Tax Bill
$2,045
Median Fergus County Tax Bill
$1,787
Median Montana Tax Bill
$2,646
Median United States Tax Bill
$2,400
Property Tax Bills Across Lewistown, Fergus County, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59457 | $463 | $1,238 | $2,045 | $2,986 | $3,995 |
Source: Ownwell