Trout Creek, Sanders County, Montana Property Taxes
Median Trout Creek, MT effective property tax rate: 0.62%, significantly lower than the national median of 1.02%, but lower than the Montana state median of 0.83%. Median Trout Creek, MT home value: $330,368. Median annual Trout Creek, MT tax bill: $2,080, $320 lower than the national median property tax bill of $2,400.
How are property taxes in Sanders calculated?
Property taxes in Trout Creek, 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 Trout Creek’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Trout Creek, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Trout Creek, Sanders County, Montana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.62%
Estimate Property Tax Bill
$2,048
$1,901
Property Tax Rates Across Trout Creek, Sanders County, Montana
Local government entities, such as those in Trout Creek, Sanders County, MT, set tax rates that can vary significantly within the state. This variance is due to the annual process where each county calculates its required budget for public services and divides it by the total assessed value of all taxable property within its jurisdiction, resulting in the property tax rate. While this process involves votes and laws, it essentially boils down to this calculation each year.
In Trout Creek, the effective property tax rate stands at 0.62%, which is notably lower than the national median property tax rate of 1.02%. This makes Trout Creek an appealing option for property owners seeking lower tax rates. Compared to other cities in Montana, Trout Creek's rate is consistent, as it shares the same rate with both the highest and lowest in the state. This consistency can be particularly advantageous for those considering property investments in the area, ensuring predictability in tax expenses.
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 Trout Creek Tax Rate
0.62%
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 Sanders County Tax Rate
0.66%
Median Effective Montana Tax Rate
0.83%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Trout Creek, Sanders County, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59874 | 0.44% | 0.58% | 0.62% | 0.65% | 0.69% |
Source: Ownwell
Property Tax Assessment Values Across Trout Creek, Sanders County, Montana
When examining property taxes in Trout Creek, 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 Sanders 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 Sanders 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 Trout Creek.
For example, the median home price in Trout Creek is $330,368, with tax bills ranging significantly across the county. 59874 has the highest median home price at $330,368.
Property Tax Assessment Values Across Trout Creek, Sanders County, Montana
Source: Ownwell
$121,015
$225,692
$330,368
Median Trout Creek Market Value
$330,368
Median Sanders County Market Value
$243,800
Median Montana Market Value
$317,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Trout Creek, Sanders County, Montana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59874 | $51,760 | $220,754 | $330,368 | $465,300 | $598,630 |
Source: Ownwell
Property Tax Bills Across Trout Creek, Sanders County, Montana
In Trout Creek, located in Sanders County, MT, property tax bills are calculated based on the assessed value of a home, which is a percentage of the market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. Various factors influence the assessed value, including property size, location, and improvements. Homeowners in Trout Creek face a median property tax bill of $2,080, which is below the national median of $2,400. However, tax bills can vary significantly, with some paying as low as $1,404 and others as high as $3,646.
High property taxes can be a financial burden for homeowners, affecting affordability and overall cost of living. Ownwell offers a solution by providing property tax appeal and exemption services. By analyzing property assessments and identifying discrepancies, Ownwell helps homeowners potentially reduce their tax bills. This not only eases financial strain but also ensures fair taxation, allowing homeowners to save money and invest it elsewhere.
Median Trout Creek Tax Bill
$2,080
Median Sanders County Tax Bill
$1,839
Median Montana Tax Bill
$2,646
Median United States Tax Bill
$2,400
Property Tax Bills Across Trout Creek, Sanders County, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59874 | $589 | $1,404 | $2,080 | $2,870 | $3,646 |
Source: Ownwell