Conrad, Pondera County, Montana Property Taxes
Median Conrad, MT effective property tax rate: 1.04%, slightly higher than the national median of 1.02%, but lower than the Montana state median of 0.83%.
Median Conrad, MT home value: $182,850
Median annual Conrad, MT tax bill: $1,845, $555 lower than the national median property tax bill of $2,400.
How are property taxes in Pondera calculated?
Property taxes in Conrad, 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 Conrad’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Conrad, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Conrad, Pondera County, Montana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.04%
Estimate Property Tax Bill
$1,902
$1,765
Property Tax Rates Across Conrad, Pondera County, Montana
Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Conrad’s effective property tax rate to other cities in Montana and the median property tax rates in Montana and the U.S. Conrad, located in Pondera County, has a property tax rate that stands at 1.04%. This rate is slightly above the national median property tax rate of 1.02%. The property tax rate in Conrad aligns with the highest and lowest rates within the 59425 ZIP code, illustrating a consistent rate across this area.
Understanding these rates can help property owners in Conrad make informed decisions regarding their property tax appeals and exemptions, ensuring they only pay their fair share.
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 Conrad Tax Rate
1.04%
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 Pondera County Tax Rate
0.98%
Median Effective Montana Tax Rate
0.83%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Conrad, Pondera County, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59425 | 0.88% | 0.93% | 1.04% | 1.04% | 1.04% |
Source: Ownwell
Property Tax Assessment Values Across Conrad, Pondera County, Montana
When examining property taxes in Conrad, 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 Pondera 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 Pondera 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 Conrad.
For example, the median home price in Conrad is $182,850, with tax bills ranging significantly across the county. 59425 has the highest median home price at $182,850.
Property Tax Assessment Values Across Conrad, Pondera County, Montana
Source: Ownwell
$120,100
$151,475
$182,850
Median Conrad Market Value
$182,850
Median Pondera County Market Value
$169,000
Median Montana Market Value
$317,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Conrad, Pondera County, Montana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59425 | $41,987 | $107,704 | $182,850 | $260,000 | $363,995 |
Source: Ownwell
Property Tax Bills Across Conrad, Pondera County, Montana
In Conrad, located in Pondera County, MT, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. With a median home price of $182,850, homeowners can expect a median property tax bill of $1,845, which is below the national median of $2,400. For many homeowners, the tax bill can range significantly, with the 25th percentile at $1,052 and the 75th percentile at $2,588, indicating a wide variance based on property value and location.
Homeowners in Conrad can benefit from Ownwell's expertise in property tax appeals and exemptions. By analyzing the assessed value and comparing it to similar properties, Ownwell can identify potential discrepancies and work to reduce the tax burden. This service can be especially beneficial for those whose tax bills fall in the higher percentiles, potentially leading to significant savings on their annual property tax obligations.
Median Conrad Tax Bill
$1,845
Median Pondera County Tax Bill
$1,660
Median Montana Tax Bill
$2,646
Median United States Tax Bill
$2,400
Property Tax Bills Across Conrad, Pondera County, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59425 | $363 | $1,052 | $1,845 | $2,588 | $3,479 |
Source: Ownwell