Granite County, Montana Property Taxes

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

Median Granite County effective property tax rate: 0.61%, significantly lower than the national median of 1.02%.
Median Granite County home value: $300,954
Median annual Granite County tax bill: $1,936, $464 lower than the national median property tax bill of $2,400.

How are property taxes in Granite County calculated?

Property taxes in Granite County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Philipsburg or another part of Granite County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Granite County, Montana Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.61%

Estimate Property Tax Bill

$1,836

$1,704

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

Property Tax Rates Across Granite County, Montana

Local government entities determine tax rates, which can vary significantly within a state. The reason for this is that each county annually estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is essentially the annual process. In Granite County, Montana, the effective property tax rate is lower than the national median of 1.02%. Within the county, Drummond has the highest median property tax rate, while Anaconda boasts the lowest. For property owners, understanding these rates is crucial as they directly impact the annual property tax bill. Comparing Granite County's rates to the national median, property owners may find some relief in the lower rates. However, it's essential to consider the balance between tax rates and the quality of services provided.

Property Tax Rates Across Granite County, Montana

Source: Ownwell

0.57%

0.62%

0.68%

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 Granite County Tax Rate

0.61%

Median Effective Montana Tax Rate

0.83%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Granite County, Montana

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Anaconda	0.50%	0.53%	0.57%	0.63%	0.66%
Clinton	0.47%	0.55%	0.62%	0.63%	0.70%
Drummond	0.54%	0.62%	0.68%	0.89%	0.99%
Hall	0.50%	0.54%	0.58%	0.65%	0.70%
Philipsburg	0.50%	0.53%	0.61%	0.66%	0.80%
Gold Creek	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Granite County, Montana

When examining property taxes in Granite County, 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 Granite County Department of Revenue 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 Granite 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 Granite County. For example, the median tax bill in Granite County is $2,284, with tax bills ranging significantly across the county. Anaconda has the highest median home price at $374,300.

Property Tax Assessment Values Across Granite County, Montana

Source: Ownwell

$215,100

$294,700

$374,300

Median Granite County Market Value

$300,954

Median Montana Market Value

$317,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Granite County, Montana

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Anaconda	$9,864	$191,300	$374,300	$616,400	$931,194
Clinton	$131,861	$242,133	$355,800	$551,391	$818,443
Drummond	$14,750	$116,076	$215,100	$330,600	$494,575
Hall	$66,015	$210,286	$351,464	$542,107	$782,951
Philipsburg	$68,344	$160,475	$285,794	$466,300	$712,054
Gold Creek	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Granite County, Montana

In Granite County, MT, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The assessed value is then multiplied by the local tax rate to determine the annual property tax bill. The median home price in Granite County is $300,954, with property tax bills ranging from the 25th percentile at $1,129 to the 90th percentile at $4,350. This range indicates the variability in property tax bills depending on the assessed value and specific location within the county. For instance, the highest median tax bill is found in Anaconda at $2,284, while Drummond has the lowest median tax bill at $1,793. Compared to the national median property tax bill of $2,400, Granite County's tax bills can be significantly lower or higher. These tax bills directly impact homeowners by influencing their overall housing costs and can affect decisions regarding buying or selling property within the county.

Property Tax Bills Across Granite County, Montana

Source: Ownwell

$1,793

$2,039

$2,284

Median Granite County Tax Bill

$1,936

Median Montana Tax Bill

$2,646

Median United States Tax Bill

$2,400

Property Tax Bills Across Granite County, Montana

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Anaconda	$159	$1,316	$2,284	$3,469	$4,963
Clinton	$896	$1,447	$2,200	$3,544	$5,219
Drummond	$426	$972	$1,793	$2,516	$3,400
Hall	$562	$1,218	$2,051	$3,253	$4,691
Philipsburg	$506	$1,066	$1,795	$2,738	$4,017
Gold Creek	N/A	N/A	N/A	N/A	N/A

Source: Ownwell