Condon, Missoula County, Montana Property Taxes
Median Condon, MT effective property tax rate: 0.52%, significantly lower than the national median of 1.02%, but lower than the Montana state median of 0.83%.
Median Condon, MT home value: $415,450
Median annual Condon, MT tax bill: $2,022, $378 lower than the national median property tax bill of $2,400.
How are property taxes in Missoula calculated?
Property taxes in Condon, 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 Condon’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Condon, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Condon, Missoula County, Montana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.52%
Estimate Property Tax Bill
$2,160
$2,005
Property Tax Rates Across Condon, Missoula County, Montana
Local government entities are responsible for setting property tax rates, which can differ significantly within a state. Each year, counties determine their necessary budget to fund services and divide this by the total value of all taxable property within their jurisdiction. This process results in the property tax rate. Although votes and laws play a role in establishing tax rates and budgets, this is the core of the annual procedure.
In Condon, located in Missoula County, Montana, the effective property tax rate is a key point of comparison. When evaluating Condon's rate against other cities in Montana, it is important to note that the state's median property tax rate is significantly lower than the national median of 1.02%. This can impact homeowners differently depending on the assessed value of their properties.
Understanding how Condon's property tax rate compares to both state and national medians can provide valuable insights for current and prospective property owners. By examining these figures, individuals can make informed decisions about property investments and understand the financial implications of owning property in this region.
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 Condon Tax Rate
0.52%
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 Missoula County Tax Rate
0.91%
Median Effective Montana Tax Rate
0.83%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Condon, Missoula County, Montana
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
59826 | 0.39% | 0.47% | 0.52% | 0.57% | 0.63% |
Source: Ownwell
Property Tax Assessment Values Across Condon, Missoula County, Montana
When examining property taxes in Condon, 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 Missoula 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 Missoula 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 Condon. For example, the median home price in Condon is $415,450, with tax bills ranging significantly across the county. Zip code 59826 has the highest median home price at $415,450.
Property Tax Assessment Values Across Condon, Missoula County, Montana
Source: Ownwell
$230,418
$355,109
$479,800
Median Condon Market Value
$415,450
Median Missoula County Market Value
$411,800
Median Montana Market Value
$317,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Condon, Missoula County, Montana
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
59826 | $117,921 | $241,005 | $415,450 | $608,635 | $914,500 |
Source: Ownwell
Property Tax Bills Across Condon, Missoula County, Montana
Median Condon Tax Bill
$2,022
Median Missoula County Tax Bill
$3,741
Median Montana Tax Bill
$2,646
Median United States Tax Bill
$2,400
Property Tax Bills Across Condon, Missoula County, Montana
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
59826 | $532 | $1,104 | $2,022 | $3,294 | $5,069 |
Source: Ownwell