Sheridan County, Montana Property Taxes
Property Taxes in Sheridan County, Montana
Median Sheridan County effective property tax rate: 1.34%, significantly higher than the national median of 1.02%.
Median Sheridan County home value: $91,160
Median annual Sheridan County tax bill: $1,251, lower than the national median property tax bill of $2,400.
How are property taxes in Sheridan County calculated?
Property taxes in Sheridan County 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 Sheridan County’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Sheridan County or another part of the county, knowing local tax details benefits homeowners and investors. Sheridan County’s median property tax rate is higher than the Montana state median tax rate of 0.78%, while the median tax bill is $1,149 lower than the state median.
Last Updated April 13, 2026
Sheridan County, Montana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.34%
Estimate Property Tax Bill
$1,222
$1,134
How Does the Sheridan County Property Tax Calculator Work?
Use this Sheridan County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Sheridan County's median effective tax rate of 1.34% to generate your estimate.
Enter your property's estimated assessed value — the figure the appraisal district assigns for tax purposes, which is typically lower than market value after applicable exemptions. Our calculator uses the median effective rate for a more accurate estimate than the statutory millage rate alone.
Your actual bill may vary based on your specific exemptions, local school district levies, and any special assessment districts that apply to your property. Sheridan County's median effective tax rate is higher than Montana's 0.78% state median tax rate and above the 1.02% national median property tax rate. The county's median property tax bill is $1,251, compared with the $2,400 national median property tax bill.
For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Sheridan County.
Property Tax Rates Across Sheridan County, Montana
What Are Effective Property Tax Rates Across Sheridan County?
Local government entities set tax rates, which vary widely across Sheridan County. Each year, the county estimates its budget for public services and divides that total by the assessed value of all taxable property within its jurisdiction.
Below, compare Sheridan County's effective property tax rate to other counties in Montana or the U.S. median of 1.02%.
Sheridan County's median effective rate stands at 1.34%, which is higher than the national median of 1.02%. Within Sheridan County, the highest rate is found in Medicine Lake at 1.58%, while Homestead has the lowest at 1.12%.
These variations reflect differences in local school district levies, special assessment districts assessments, and special district bonds — which compound the base county rate.
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 Sheridan County Tax Rate
1.34%
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 Montana Tax Rate
0.78%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Sheridan County, Montana
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Antelope | 1.06% | 1.08% | 1.19% | 1.34% | 1.49% |
| Dagmar | 1.02% | 1.06% | 1.21% | 1.37% | 1.50% |
| Homestead | 1.02% | 1.02% | 1.12% | 1.25% | 1.35% |
| Medicine Lake | 1.02% | 1.48% | 1.58% | 1.78% | 1.91% |
| Outlook | 1.10% | 1.29% | 1.33% | 1.67% | 2.20% |
| Plentywood | 1.14% | 1.25% | 1.34% | 1.41% | 1.54% |
| Raymond | 1.05% | 1.06% | 1.15% | 1.28% | 1.49% |
| Redstone | 1.11% | 1.18% | 1.20% | 1.51% | 1.70% |
| Reserve | 1.03% | 1.17% | 1.31% | 1.58% | 2.36% |
| Westby | 1.05% | 1.25% | 1.44% | 1.63% | 1.90% |
| Flaxville | N/A | N/A | N/A | N/A | N/A |
| Froid | N/A | N/A | N/A | N/A | N/A |
| Grenora | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Sheridan County, Montana
When examining property taxes in Sheridan County, 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 Sheridan County Montana Department of Revenue 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 Sheridan 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 Sheridan County.
For example, the median tax bill in Sheridan County is $1,251, with tax bills ranging significantly across the county. Dagmar has the highest median home price at $123,274.
Median Sheridan County Market Value
$91,160
Median Montana Market Value
$317,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Sheridan County, Montana
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Antelope | $7,920 | $28,455 | $98,600 | $174,526 | $300,213 |
| Dagmar | $33,296 | $72,000 | $123,274 | $187,012 | $312,131 |
| Homestead | $9,709 | $30,812 | $94,479 | $135,592 | $249,295 |
| Medicine Lake | $4,763 | $19,880 | $54,850 | $100,144 | $159,832 |
| Outlook | $2,780 | $18,981 | $77,160 | $139,961 | $207,696 |
| Plentywood | $20,301 | $54,850 | $104,047 | $157,278 | $222,780 |
| Raymond | $6,048 | $29,305 | $91,503 | $143,483 | $284,903 |
| Redstone | $1,907 | $6,409 | $33,196 | $151,097 | $284,675 |
| Reserve | $4,240 | $42,050 | $77,700 | $176,946 | $234,717 |
| Westby | $10,494 | $31,720 | $71,500 | $139,226 | $206,381 |
| Flaxville | N/A | N/A | N/A | N/A | N/A |
| Froid | N/A | N/A | N/A | N/A | N/A |
| Grenora | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Sheridan County, Montana
Property tax bills in Sheridan County are calculated by applying the local tax rate to a home’s assessed value, which is based on the property’s market value. That means the bill is shaped by both the value of the home and the tax rates set by local taxing authorities. Homes with higher assessed values generally face higher tax bills, while lower-valued homes usually owe less.
With a median home price of $91,160, many homeowners in Sheridan County see tax bills that are below the national median property tax bill of $2,400. The county’s tax bill range shows wide variation, with the 25th percentile at $593, the 75th percentile at $2,041, and the 90th percentile at $2,999. Median tax bills also differ by city, from $502 in Redstone to $1,415 in Dagmar.
For homeowners, this means property taxes can have a meaningful impact on annual housing costs, especially when assessed values rise.
Median Sheridan County Tax Bill
$1,251
Median Montana Tax Bill
$2,559
Median United States Tax Bill
$2,400
Property Tax Bills Across Sheridan County, Montana
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Antelope | $110 | $506 | $1,236 | $2,307 | $4,275 |
| Dagmar | $344 | $856 | $1,415 | $2,424 | $3,858 |
| Homestead | $123 | $359 | $970 | $1,728 | $3,032 |
| Medicine Lake | $95 | $322 | $898 | $1,531 | $2,458 |
| Outlook | $55 | $356 | $1,232 | $2,121 | $3,003 |
| Plentywood | $309 | $774 | $1,403 | $2,091 | $2,899 |
| Raymond | $117 | $560 | $1,290 | $1,887 | $3,508 |
| Redstone | $24 | $137 | $502 | $2,053 | $3,632 |
| Reserve | $142 | $513 | $1,179 | $2,466 | $3,571 |
| Westby | $159 | $501 | $1,047 | $1,870 | $2,798 |
| Flaxville | N/A | N/A | N/A | N/A | N/A |
| Froid | N/A | N/A | N/A | N/A | N/A |
| Grenora | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | July 31 |
Links | |
|---|---|
| Sheridan Tax Assessor | |
| Website | svc.mt.gov |