Teton County, Montana Property Taxes

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Property Taxes in Teton County, Montana

Median Teton County effective property tax rate: 0.90%, significantly lower than the national median of 1.02%.
Median Teton County home value: $214,900
Median annual Teton County tax bill: $1,992, lower than the national median property tax bill of $2,400.

How are property taxes in Teton County calculated?

Property taxes in Teton 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Teton County or another part of Teton County, knowing local tax details benefits homeowners and investors.

Last Updated April 13, 2026

Teton County, Montana Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.9%

Estimate Property Tax Bill

$1,934

$1,795

How Does the Teton County Property Tax Calculator Work?

Use this Teton County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Teton County's median effective tax rate of 0.90% 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. Teton County's median tax rate is lower than the national median property tax rate of 1.02%, and the median property tax bill of $1,992 is lower than the national median property tax bill of $2,400.

For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Teton County.

Property Tax Rates Across Teton County, Montana

What Are Effective Property Tax Rates Across Teton County?

Local government entities set tax rates, which vary widely across Teton 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 Teton County's effective property tax rate to other counties in Montana or the U.S. median of 1.02%.

Teton County's median effective rate stands at 0.90%, which is lower than the national median of 1.02%. Within Teton County, the highest rate is found in FAIRFIELD at 0.99%, while PENDROY has the lowest at 0.57%.

These variations reflect differences in local school district levies, special assessment districts assessments, and special district bonds — which compound the base county rate.

Property Tax Rates Across Teton County, Montana

Source: Ownwell

0.57%

0.78%

0.99%

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 Teton County Tax Rate

0.90%

Median Effective Montana Tax Rate

0.78%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Teton County, Montana

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Bynum	0.58%	0.58%	0.64%	0.81%	1.58%
Choteau	0.62%	0.66%	0.96%	1.22%	1.56%
Dutton	0.58%	0.65%	0.88%	1.00%	1.11%
Fairfield	0.68%	0.80%	0.99%	1.15%	1.56%
Pendroy	0.51%	0.54%	0.57%	0.62%	0.73%
Power	0.71%	0.73%	0.81%	1.01%	1.78%
Brady	N/A	N/A	N/A	N/A	N/A
Conrad	N/A	N/A	N/A	N/A	N/A
Fort Shaw	N/A	N/A	N/A	N/A	N/A
Vaughn	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Teton County, Montana

When examining property taxes in Teton 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 Teton County property tax system 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 Teton 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. For example, the median tax bill in Teton County is $1,992, compared with the national median property tax bill of $2,400. Fairfield has the highest median tax bill at $2,525, while Pendroy has the highest median home price at $294,872.

Property Tax Assessment Values Across Teton County, Montana

Source: Ownwell

$147,700

$221,286

$294,872

Median Teton County Market Value

$214,900

Median Montana Market Value

$317,000

Median United States Market Value

$235,294

Property Tax Assessment Values Across Teton County, Montana

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Bynum	$16,612	$64,000	$168,809	$307,864	$433,394
Choteau	$54,602	$123,350	$197,200	$306,094	$468,750
Dutton	$26,462	$78,400	$147,700	$253,500	$416,473
Fairfield	$73,409	$166,078	$256,153	$358,418	$486,117
Pendroy	$57,066	$140,000	$294,872	$410,037	$565,444
Power	$67,556	$161,739	$258,600	$379,733	$508,024
Brady	N/A	N/A	N/A	N/A	N/A
Conrad	N/A	N/A	N/A	N/A	N/A
Fort Shaw	N/A	N/A	N/A	N/A	N/A
Vaughn	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Teton County, Montana

How are property tax bills calculated in Teton County, Montana?

Property tax bills in Teton County are based on a home’s assessed value, which is then multiplied by the local tax rate and adjusted for any applicable exemptions or levies. The assessed value is tied to the market value of the property, so changes in the local housing market can affect what homeowners owe. Because tax bills are calculated from value and local rates, two homes with similar prices can still have different bills if they are taxed differently.

What factors are considered when determining the bill? Home value, local taxing jurisdictions, and any special assessments all play a role. In Teton County, the median home price is $214,900, while property tax bills vary widely, from $1,197 at the 25th percentile to $2,906 at the 75th percentile. The 90th percentile reaches $4,222, showing how quickly costs can rise for higher-valued or more heavily taxed properties.

How does this affect homeowners? Compared with the national median property tax rate of 1.02% and national median bill of $2,400, local bills can be a significant expense and may increase annual housing costs.

Property Tax Bills Across Teton County, Montana

Source: Ownwell

$1,151

$1,838

$2,525

Median Teton County Tax Bill

$1,992

Median Montana Tax Bill

$2,559

Median United States Tax Bill

$2,400

Property Tax Bills Across Teton County, Montana

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Bynum	$126	$491	$1,151	$2,316	$3,971
Choteau	$622	$1,269	$1,945	$2,681	$3,563
Dutton	$275	$694	$1,301	$1,844	$2,774
Fairfield	$648	$1,563	$2,525	$3,667	$5,621
Pendroy	$475	$858	$1,697	$2,422	$3,219
Power	$643	$1,367	$2,349	$3,687	$5,715
Brady	N/A	N/A	N/A	N/A	N/A
Conrad	N/A	N/A	N/A	N/A	N/A
Fort Shaw	N/A	N/A	N/A	N/A	N/A
Vaughn	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Don't miss the deadline to appeal!

Dates
Appeal Deadline	August 1

Links
Teton Tax Assessor
Website	svc.mt.gov

Frequently Asked Property Tax Questions in Teton County, Montana

How are property taxes calculated in Teton County, Montana?

Property taxes in Teton County, Montana are calculated by multiplying your property's assessed value by the applicable tax rate set by local taxing authorities. The assessed value is determined by the county assessor and may differ from your property's market value depending on local assessment ratios and exemptions.

How do I appeal my property taxes in Teton County, Montana?

To appeal your property taxes in Teton County, Montana, you typically need to file a formal protest or appeal with your local appraisal district or assessor's office by the stated deadline. You'll need evidence such as comparable sales, a recent independent appraisal, or documentation of property condition issues. Ownwell can handle this entire process for you.

What property tax exemptions are available in Teton County, Montana?

Common property tax exemptions in Teton County, Montana include homestead exemptions for primary residences, senior citizen exemptions, veteran exemptions, and disability exemptions. Exemption amounts and eligibility requirements vary by county. Contact your local appraisal district or check Ownwell for details specific to your property.

When are property taxes due in Teton County, Montana?

Property tax deadlines in Teton County, Montana vary by county but typically include an assessment notice period in spring or early summer, followed by an appeal deadline, and a tax payment due date in the fall or winter. Check with your county assessor's office for specific dates in your area.

How can Ownwell help reduce my property taxes in Teton County, Montana?

Ownwell provides professional property tax appeal services in Teton County, Montana. Our team analyzes your assessment, gathers evidence, files all paperwork, and represents you at hearings — all with no upfront cost. You only pay a percentage of your savings if we successfully lower your tax bill.