St Ignatius, Lake County, Montana Property Taxes
Median St. Ignatius, MT effective property tax rate: 0.86%, significantly lower than the national median of 1.02%, but higher than the Montana state median of 0.83%.
Median St. Ignatius, MT home value: $83,520
Median annual St. Ignatius, MT tax bill: $1,887, $513 lower than the national median property tax bill of $2,400.
How are property taxes in Lake County calculated?
Property taxes in St. Ignatius, 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 St. Ignatius’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in St. Ignatius, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
St Ignatius, Lake County, Montana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.86%
Estimate Property Tax Bill
$718
$667
Property Tax Rates Across St Ignatius, Lake County, Montana
Local government entities in Montana, like elsewhere, set tax rates that can vary significantly across different areas. This variation arises because each county annually estimates the budget required to provide essential services and divides it by the total value of all taxable property within its jurisdiction. This calculation yields the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is essentially the annual process.
You can compare St. Ignatius’ effective property tax rate to other cities in Montana. St. Ignatius, located in Lake County, has a median property tax rate of 0.86%. This is lower than the national median property tax rate of 1.02%. While this rate is consistent across the city, it is important to note that property tax rates can differ within a state due to varying local government requirements. By understanding these variations, property owners in St. Ignatius can make informed decisions about property tax appeals and exemptions.
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 St Ignatius Tax Rate
0.86%
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 Lake County Tax Rate
0.67%
Median Effective Montana Tax Rate
0.83%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across St Ignatius, Lake County, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59865 | 0.67% | 0.76% | 0.86% | 0.93% | 1.12% |
Source: Ownwell
Property Tax Assessment Values Across St Ignatius, Lake County, Montana
When examining property taxes in St. Ignatius, 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 Lake 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 Lake County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 St. Ignatius.
For example, the median home price in St. Ignatius is $83,520, with tax bills ranging significantly across the county. Zip code 59865 has the highest median home price at $83,520.
Property Tax Assessment Values Across St Ignatius, Lake County, Montana
Source: Ownwell
$39,800
$546,350
$1,052,900
Median St Ignatius Market Value
$83,520
Median Lake County Market Value
$340,373
Median Montana Market Value
$317,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across St Ignatius, Lake County, Montana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59865 | $6,920 | $13,300 | $83,520 | $253,237 | $436,000 |
Source: Ownwell
Property Tax Bills Across St Ignatius, Lake County, Montana
In St. Ignatius, Lake County, MT, property tax bills are determined by the assessed value of a home and the local tax rate. With a median home price of $83,520, the tax bill can vary significantly based on property value assessments and applicable exemptions. The property tax rate in this area is below the national median of 1.02%, resulting in lower tax bills for many homeowners. For example, the tax bill at the 25th percentile is $535, while at the 75th percentile, it rises to $2,841. This variation underscores the importance of accurate assessments and potential appeals.
Homeowners in St. Ignatius can benefit from Ownwell's expertise in property tax appeals and exemptions. By identifying discrepancies and ensuring fair assessments, Ownwell helps reduce the financial burden on homeowners. This service is crucial for those looking to optimize their property tax bills and potentially save hundreds, if not thousands, of dollars annually. With Ownwell's assistance, homeowners can navigate the complexities of property tax assessments and secure the lowest possible tax obligations.
Median St Ignatius Tax Bill
$1,887
Median Lake County Tax Bill
$2,601
Median Montana Tax Bill
$2,646
Median United States Tax Bill
$2,400
Property Tax Bills Across St Ignatius, Lake County, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59865 | $219 | $535 | $1,887 | $2,841 | $4,660 |
Source: Ownwell