Belgrade, Gallatin County, Montana Property Taxes

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

Median Belgrade, MT effective property tax rate: 0.84%, significantly lower than the national median of 1.02%, but higher than the Montana state median of 0.83%.
Median Belgrade, MT home value: $499,400
Median annual Belgrade, MT tax bill: $4,377, $1,977 higher than the national median property tax bill of $2,400.

How are property taxes in Gallatin calculated?

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

Last Updated March 1, 2025

Belgrade, Gallatin County, Montana Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.84%

Estimate Property Tax Bill

$4,195

$3,893

Ownwell’s Belgrade Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Belgrade with just two data points. By entering your property's estimated assessed value, our calculator applies Belgrade’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by Gallatin 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 Gallatin County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Belgrade, Gallatin County, Montana

Local government entities determine property tax rates, and these can vary significantly within a state. This variation is primarily due to each county's annual budgetary requirements. Every year, counties calculate the necessary funds to maintain services and divide this by the total assessed value of taxable properties within their jurisdiction. This process results in the property tax rate. Although the setting of tax rates and budgets involves votes and legal frameworks, this is the core of the annual procedure.

In Belgrade, located in Gallatin County, Montana, the effective property tax rate stands at 0.84%. This rate is consistent across Gallatin County, with no variation between the highest and lowest median tax rates. When compared to the national median property tax rate of 1.02%, Belgrade's rate is lower, offering residents a more affordable tax burden. Additionally, the national median property tax bill is $2400, which provides a benchmark for understanding the relative affordability of property taxes in Belgrade. This comparison highlights the benefits of living in Belgrade, where residents enjoy a favorable tax environment.

Property Tax Rates Across Belgrade, Gallatin County, Montana

Source: Ownwell

0.58%

0.71%

0.84%

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 Belgrade Tax Rate

0.84%

Median Effective Gallatin County Tax Rate

0.80%

Median Effective Montana Tax Rate

0.83%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Belgrade, Gallatin County, Montana

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
59714	0.74%	0.74%	0.84%	0.95%	0.95%

Source: Ownwell

Property Tax Assessment Values Across Belgrade, Gallatin County, Montana

When examining property taxes in Belgrade, 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 Gallatin 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. Assessment notices: In Gallatin 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 Belgrade. For example, the median home price in Belgrade is $499,400, with tax bills ranging significantly across the county. Zip code 59714 has the highest median home price at $499,400.

Property Tax Assessment Values Across Belgrade, Gallatin County, Montana

Source: Ownwell

$365,250

$864,725

$1,364,200

Median Belgrade Market Value

$499,400

Median Gallatin County Market Value

$644,700

Median Montana Market Value

$317,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Belgrade, Gallatin County, Montana

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
59714	$119,507	$402,300	$499,400	$647,550	$900,600

Source: Ownwell

Property Tax Bills Across Belgrade, Gallatin County, Montana

In Belgrade, located in Gallatin County, MT, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county assessor, who considers factors such as property size, location, and market conditions. Homeowners in Belgrade face a median property tax bill of $4,377, which is significantly higher than the national median of $2,400. This higher tax bill can place a substantial burden on homeowners, particularly when considering that the national median property tax rate is 1.02%. In Belgrade, the tax bill for the 25th percentile is $3,380, while the 75th percentile sees bills around $5,435, and the 90th percentile reaches $7,145. Ownwell offers valuable assistance to homeowners by providing property tax appeal services. By reviewing property assessments and identifying discrepancies, Ownwell can help reduce tax burdens, ensuring homeowners pay only their fair share. With expert guidance, homeowners can potentially save significantly on their property tax bills.

Property Tax Bills Across Belgrade, Gallatin County, Montana

Source: Ownwell

$2,454

$5,167

$7,879

Median Belgrade Tax Bill

$4,377

Median Gallatin County Tax Bill

$5,055

Median Montana Tax Bill

$2,646

Median United States Tax Bill

$2,400

Property Tax Bills Across Belgrade, Gallatin County, Montana

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
59714	$1,059	$3,380	$4,377	$5,435	$7,145

Source: Ownwell