Fairview, Richland County, Montana Property Taxes

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

Median Fairview, MT effective property tax rate: 0.87%, significantly lower than the national median of 1.02%, but higher than the Montana state median of 0.83%.
Median Fairview, MT home value: $116,100
Median annual Fairview, MT tax bill: $1,155, $1,245 lower than the national median property tax bill of $2,400.

How are property taxes in Richland calculated?

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

Last Updated March 1, 2025

Fairview, Richland County, Montana Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.87%

Estimate Property Tax Bill

$1,010

$937

Ownwell’s Fairview Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Fairview with just two data points.

By entering your property's estimated assessed value, our calculator applies Fairview’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your 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 Richland County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Fairview, Richland 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, resulting 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.

Fairview in Richland County, Montana, offers an interesting case study. Here, the effective property tax rate is 0.87%, which aligns with the highest and lowest rates in the state. This uniformity within Montana contrasts with the national median property tax rate of 1.02%. The state's rate provides a more affordable tax burden compared to the national median property tax bill of $2,400.

Fairview's property tax rate allows residents to enjoy a lower tax bill, potentially increasing disposable income and contributing to a higher quality of life. This comparison highlights the benefits of understanding local property tax rates and their impact on financial planning. In conclusion, Fairview's tax rate is a compelling example of how local governance can influence personal finances.

Property Tax Rates Across Fairview, Richland County, Montana

Source: Ownwell

0.52%

0.73%

0.95%

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 Fairview Tax Rate

0.87%

Median Effective Richland County Tax Rate

0.90%

Median Effective Montana Tax Rate

0.83%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Fairview, Richland County, Montana

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
59221	0.61%	0.70%	0.87%	1.05%	1.39%

Source: Ownwell

Property Tax Assessment Values Across Fairview, Richland County, Montana

When examining property taxes in Fairview, 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 Richland 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 Richland 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 Fairview. For example, the median home price in Fairview is $116,100, with tax bills ranging significantly across the county. 59221 has the highest median home price at $116,100.

Property Tax Assessment Values Across Fairview, Richland County, Montana

Source: Ownwell

$94,233

$163,704

$233,174

Median Fairview Market Value

$116,100

Median Richland County Market Value

$177,637

Median Montana Market Value

$317,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Fairview, Richland County, Montana

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
59221	$27,068	$53,113	$116,100	$208,110	$298,024

Source: Ownwell

Property Tax Bills Across Fairview, Richland County, Montana

In Fairview, Richland County, MT, property tax bills are determined by assessing the property's market value and applying the local tax rate. With a median home price of $116,100, the property tax rate in Fairview is relatively low compared to the national median property tax rate of 1.02%. The tax bill varies significantly, with the 25th percentile at $632 and the 75th percentile at $1,680, reflecting differences in property values and assessments. The highest median tax bill recorded in the area is $1,155, highlighting the variability within the region. These property taxes fund essential public services such as education, infrastructure, and emergency services, directly impacting the community's quality of life. Homeowners in Fairview may find their tax bills burdensome, particularly if their property's assessed value has increased significantly. Ownwell offers expertise in property tax appeals and exemptions, helping homeowners reduce their tax liabilities. By analyzing assessments and identifying discrepancies, Ownwell can potentially lower tax bills, providing financial relief and ensuring fair taxation for property owners.

Property Tax Bills Across Fairview, Richland County, Montana

Source: Ownwell

$552

$1,194

$1,836

Median Fairview Tax Bill

$1,155

Median Richland County Tax Bill

$1,650

Median Montana Tax Bill

$2,646

Median United States Tax Bill

$2,400

Property Tax Bills Across Fairview, Richland County, Montana

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
59221	$354	$632	$1,155	$1,680	$2,386

Source: Ownwell