Ovando, Powell County, Montana Property Taxes

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

Median Ovando, MT effective property tax rate: 0.65%, significantly lower than the national median of 1.02%, but lower than the Montana state median of 0.83%.
Median Ovando, MT home value: $298,602
Median annual Ovando, MT tax bill: $2,053, $347 lower than the national median property tax bill of $2,400.

How are property taxes in Powell County calculated?

Property taxes in Ovando, 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 Ovando’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Ovando, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Ovando, Powell County, Montana Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.65%

Estimate Property Tax Bill

$1,941

$1,801

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

Property Tax Rates Across Ovando, Powell County, Montana

Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county estimates its required budget annually to provide essential services. They then divide this budget by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this annual calculation forms the core process.

In Ovando, located in Powell County, the effective property tax rate reflects this local budgeting process. When comparing Ovando's rate to other cities in Montana, it becomes evident how these rates can differ across the state. Montana's median property tax rate offers a unique perspective compared to the national median, providing an interesting point of comparison. With the national median property tax rate at 1.02%, Ovando’s rate provides insight into how local factors influence property tax obligations. Understanding these differences can help property owners make informed decisions about their investments and financial planning.

Property Tax Rates Across Ovando, Powell County, Montana

Source: Ownwell

0.57%

0.73%

0.88%

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 Ovando Tax Rate

0.65%

Median Effective Powell County Tax Rate

0.75%

Median Effective Montana Tax Rate

0.83%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Ovando, Powell County, Montana

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
59854	0.57%	0.64%	0.65%	0.66%	0.71%

Source: Ownwell

Property Tax Assessment Values Across Ovando, Powell County, Montana

When examining property taxes in Ovando, 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 Powell 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 Powell 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 Ovando.

For example, the median home price in Ovando is $298,602, with tax bills ranging significantly across the county. Zip code 59854 has the highest median home price at $298,602.

Property Tax Assessment Values Across Ovando, Powell County, Montana

Source: Ownwell

$172,700

$259,500

$346,300

Median Ovando Market Value

$298,602

Median Powell County Market Value

$190,600

Median Montana Market Value

$317,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Ovando, Powell County, Montana

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
59854	$68,603	$166,000	$298,602	$571,700	$998,215

Source: Ownwell

Property Tax Bills Across Ovando, Powell County, Montana

In Ovando, located in Powell County, MT, property tax bills are determined based on the assessed value of a home, which is calculated using the median home price of $298,602. Homeowners in Ovando experience a range of property tax bills, with the 25th percentile at $1,169 and the 75th percentile reaching $3,767. The 90th percentile tax bill can be as high as $6,546. These figures highlight the variability in property tax bills, which are influenced by factors such as property location, market trends, and local tax rates. Notably, the median property tax bill in Ovando is $2,053, which is below the national median of $2,400, offering some relief to homeowners. However, property taxes can still pose a significant financial burden. Ownwell offers valuable assistance to homeowners by providing property tax appeal and exemption services. By leveraging expertise and local market knowledge, Ownwell can help homeowners potentially lower their tax bills, ensuring they pay only what is fair and accurate.

Property Tax Bills Across Ovando, Powell County, Montana

Source: Ownwell

$1,363

$1,970

$2,576

Median Ovando Tax Bill

$2,053

Median Powell County Tax Bill

$1,529

Median Montana Tax Bill

$2,646

Median United States Tax Bill

$2,400

Property Tax Bills Across Ovando, Powell County, Montana

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
59854	$541	$1,169	$2,053	$3,767	$6,546

Source: Ownwell