Sweet Grass, Toole County, Montana Property Taxes
Median Sweet Grass, MT effective property tax rate: 0.85%, slightly lower than the national median of 1.02%, but higher than the Montana state median of 0.83%.
Median Sweet Grass, MT home value: $76,000
Median annual Sweet Grass, MT tax bill: $674, $1,726 lower than the national median property tax bill of $2,400.
How are property taxes in Toole County calculated?
Property taxes in Sweet Grass, 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 Sweet Grass’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Sweet Grass, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Sweet Grass, Toole County, Montana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.85%
Estimate Property Tax Bill
$646
$599
Property Tax Rates Across Sweet Grass, Toole County, Montana
Local government entities set tax rates, leading to significant variations within a state. Each year, counties estimate their budgetary needs for services and divide this by the total value of all taxable property within their area. This calculation determines the property tax rate. Though the process involves voting and legislation, this is the essence of how rates are established annually.
In SWEET GRASS, located in Toole County, MT, the effective property tax rate is a reflection of this process. Compared to other cities in Montana and the national median, SWEET GRASS's tax rate offers insight into the local economic landscape. While the national median property tax rate stands at 1.02% with a median bill of $2400, SWEET GRASS exhibits its own unique rate, influenced by local governance and fiscal requirements.
Understanding these differences can be crucial for property owners seeking to manage their tax liabilities effectively. By considering local tax rates in the context of state and national medians, property owners can make informed decisions about potential appeals or exemptions, ultimately optimizing their financial strategies.
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 Sweet Grass Tax Rate
0.85%
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 Toole County Tax Rate
1.23%
Median Effective Montana Tax Rate
0.83%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Sweet Grass, Toole County, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59484 | 0.78% | 0.82% | 0.85% | 0.93% | 1.42% |
Source: Ownwell
Property Tax Assessment Values Across Sweet Grass, Toole County, Montana
When examining property taxes in Sweet Grass, 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 Toole 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 Toole 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 Sweet Grass. For example, the median home price in Sweet Grass is $76,000, with tax bills ranging significantly across the county. 59484 has the highest median home price at $76,000.
Property Tax Assessment Values Across Sweet Grass, Toole County, Montana
Source: Ownwell
$47,300
$184,485
$321,670
Median Sweet Grass Market Value
$76,000
Median Toole County Market Value
$109,500
Median Montana Market Value
$317,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Sweet Grass, Toole County, Montana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59484 | $5,274 | $23,062 | $76,000 | $163,900 | $291,184 |
Source: Ownwell
Property Tax Bills Across Sweet Grass, Toole County, Montana
In Sweet Grass, MT, property tax bills are determined by the assessed value of a home and the local tax rate. With a median home price of $76,000, the property tax bill for homeowners can vary significantly. The median property tax bill in Sweet Grass is $674, which is notably lower than the national median of $2,400, reflecting the area's lower home values and tax rates. Factors influencing the tax bill include the property's assessed value and any applicable exemptions. For homeowners, these taxes are a vital consideration, impacting overall housing costs.
Ownwell offers services to help homeowners potentially reduce their property tax bills. By analyzing property assessments and identifying discrepancies or eligibility for exemptions, Ownwell can assist in filing appeals to ensure fair taxation. This service can be particularly beneficial in Sweet Grass, where understanding local tax assessments and leveraging exemptions can lead to significant savings. With expert guidance, homeowners can navigate the complexities of property taxes and possibly lower their financial burden.
Median Sweet Grass Tax Bill
$674
Median Toole County Tax Bill
$1,320
Median Montana Tax Bill
$2,646
Median United States Tax Bill
$2,400
Property Tax Bills Across Sweet Grass, Toole County, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59484 | $56 | $218 | $674 | $1,374 | $3,844 |
Source: Ownwell