Colstrip, Rosebud County, Montana Property Taxes
Property Taxes in Colstrip, Montana
Median Colstrip, Montana effective property tax rate: 0.84%, significantly lower than the national median of 1.02%, and lower than the Montana state median of 0.78%.
Median Colstrip, Montana home value: $103,700
Median annual Colstrip, Montana tax bill: $995, $1,405 lower than the national median property tax bill of $2,400.
How are property taxes in Rosebud calculated?
Property taxes in Colstrip, Montana 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 Colstrip's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Colstrip, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Colstrip, Rosebud County, Montana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.84%
Estimate Property Tax Bill
$871
$808
How Does the Colstrip Property Tax Calculator Work?
Use this Colstrip property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Colstrip's median effective tax rate of 0.84% — based on actual property records in Rosebud County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Colstrip's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Colstrip: rates range from 0.84% in 59323 to 0.84% in 59323, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Colstrip.
About Colstrip Property Taxes
About Property Taxes in Colstrip, Rosebud, Montana
Colstrip’s median effective property tax rate of 0.84% is higher than the Montana state median of 0.78% and lower than the national median of 1.02%. This rate reflects the Rosebud County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Colstrip. Homeowners in the 59323 ZIP code carry a median effective rate of 0.84%, while those in the lowest ZIP also pay 0.84%. This spread reflects how school district boundaries and local assessment districts are drawn across Rosebud County. Understanding which part of Colstrip you live in can make a meaningful difference to your annual tax bill.
Colstrip homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before July 31, 2025.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Colstrip, Rosebud County, Montana
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, 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 Colstrip's effective property tax rate to other cities in Montana and the median property tax rates in Montana and the U.S.
Our median effective property tax rate (tax bill Ă· 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 Colstrip Tax Rate
0.84%
Our median effective property tax rate (tax bill Ă· 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 Rosebud County Tax Rate
0.88%
Median Effective Montana Tax Rate
0.78%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Colstrip, Rosebud County, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59323 | 0.65% | 0.68% | 0.84% | 0.90% | 1.05% |
Source: Ownwell
Property Tax Assessment Values Across Colstrip, Rosebud County, Montana
When examining property taxes in Colstrip, 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 Rosebud 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 Rosebud 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 Colstrip.
For example, the median home price in Colstrip is $103,700, with tax bills ranging significantly across the county. 59323 has the highest median home price at $103,700.
Property Tax Assessment Values Across Colstrip, Rosebud County, Montana
Source: Ownwell
$11,908
$68,506
$125,103
Median Colstrip Market Value
$103,700
Median Rosebud County Market Value
$88,500
Median Montana Market Value
$317,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Colstrip, Rosebud County, Montana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59323 | $9,290 | $22,298 | $103,700 | $149,450 | $191,320 |
Source: Ownwell
Property Tax Bills Across Colstrip, Rosebud County, Montana
Colstrip property tax bills are based on the assessed value of a home and the local tax rate set by Rosebud County and other taxing authorities. A property’s market value is reviewed, then the assessed value is used to determine how much tax is owed. For homeowners, this means the bill can change when home values rise or when local rates shift.
In Colstrip, the median home price is $103,700, and the median property tax bill is $995.00. That is well below the national median property tax bill of $2,400 and also below the national median property tax rate of 1.02%. Bills vary across homes, with the 25th percentile at $311 and the 75th percentile at $1,285, while the 90th percentile reaches $1,597. For homeowners, these differences show how location, assessed value, and local levies combine to shape the final tax bill.
Median Colstrip Tax Bill
$995
Median Rosebud County Tax Bill
$1,009
Median Montana Tax Bill
$2,559
Median United States Tax Bill
$2,400
Property Tax Bills Across Colstrip, Rosebud County, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59323 | $99 | $311 | $995 | $1,285 | $1,597 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | July 31 |
Links | |
|---|---|
| Rosebud Tax Assessor | |
| Website | svc.mt.gov |