Petroleum County, Montana Property Taxes
Property Taxes in Petroleum County, Montana
Median Petroleum County effective property tax rate: 1.11%, significantly higher than the national median of 1.02%.
Median Petroleum County home value: $58,246
Median annual Petroleum County tax bill: $664, $1,736 lower than the national median property tax bill of $2,400.
How are property taxes in Petroleum County calculated?
Property taxes in Petroleum 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 Petroleum County or another part of Petroleum County, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Petroleum County, Montana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.11%
Estimate Property Tax Bill
$647
$600
How Does the Petroleum County Property Tax Calculator Work?
Use this Petroleum County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Petroleum County's median effective tax rate of 1.11% to generate your estimate.
Enter your property's estimated assessed value — the figure the assessment authority assigns for tax purposes, which is typically lower than market value after applicable exemptions. Our calculator uses the median effective rate for a more accurate estimate than the statutory millage rate alone.
Your actual bill may vary based on your specific exemptions, local school district levies, and any special assessment districts that apply to your property. Petroleum County's median tax rate is higher than Montana's 0.78% median rate, while the county's median tax bill of $664 is lower than the national median property tax bill of $2,400.
For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Petroleum County.
Property Tax Rates Across Petroleum County, Montana
What Are Effective Property Tax Rates Across Petroleum County?
Local government entities set tax rates, which vary widely across Petroleum County. Each year, the county estimates its budget for public services and divides that total by the assessed value of all taxable property within its jurisdiction.
Below, compare Petroleum County's effective property tax rate to other counties in Montana or the U.S. median of 1.02%.
Petroleum County's median effective rate stands at 1.11%, which is higher than the national median of 1.02%. Within Petroleum County, the highest rate is found in Winnett at 1.11%, while Winnett has the lowest at 1.11%.
These variations reflect differences in local school district levies, special assessment districts assessments, and special district bonds — which compound the base county rate.
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 Petroleum County Tax Rate
1.11%
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 Montana Tax Rate
0.78%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Petroleum County, Montana
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Winnett | 0.90% | 0.93% | 1.11% | 1.12% | 1.12% |
| Cat Creek | N/A | N/A | N/A | N/A | N/A |
| Grass Range | N/A | N/A | N/A | N/A | N/A |
| Mosby | N/A | N/A | N/A | N/A | N/A |
| Teigen | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Petroleum County, Montana
When examining property taxes in Petroleum 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 Petroleum County Montana 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 Petroleum County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of July.
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 Petroleum County.
For example, the median tax bill in Petroleum County is $664, with tax bills ranging significantly across the county. Winnett has the highest median home price at $56,415.
Median Petroleum County Market Value
$58,246
Median Montana Market Value
$317,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Petroleum County, Montana
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Winnett | $7,437 | $19,030 | $56,415 | $161,374 | $296,119 |
| Cat Creek | N/A | N/A | N/A | N/A | N/A |
| Grass Range | N/A | N/A | N/A | N/A | N/A |
| Mosby | N/A | N/A | N/A | N/A | N/A |
| Teigen | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Petroleum County, Montana
Property tax bills in Petroleum County are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. The county’s median home price is $58,246, so even modest changes in assessed value can affect what a homeowner owes each year.
Several factors can influence the final bill, including the property’s location, the value assigned by local assessors, and any local taxing districts that apply. In Petroleum County, tax bills vary widely: the 25th percentile is $264, the 75th percentile is $1,776, and the 90th percentile reaches $3,344. Winnett has the highest and lowest median tax bill at $633, showing how limited local variation can still shape what homeowners pay.
For homeowners, this means property taxes are not a fixed amount. A higher assessed value usually leads to a higher bill, while a lower assessment can reduce the amount due.
Median Petroleum County Tax Bill
$664
Median Montana Tax Bill
$2,559
Median United States Tax Bill
$2,400
Property Tax Bills Across Petroleum County, Montana
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Winnett | $86 | $236 | $633 | $1,697 | $3,048 |
| Cat Creek | N/A | N/A | N/A | N/A | N/A |
| Grass Range | N/A | N/A | N/A | N/A | N/A |
| Mosby | N/A | N/A | N/A | N/A | N/A |
| Teigen | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| Petroleum Tax Assessor | |
| Website | svc.mt.gov |