Frazer, Valley County, Montana Property Taxes
Median Frazer, MT effective property tax rate: 1.01%, slightly lower than the national median of 1.02%, but higher than the Montana state median of 0.83%.
Median Frazer, MT home value: $84,812
Median annual Frazer, MT tax bill: $900, $1,500 lower than the national median property tax bill of $2,400.
How are property taxes in Valley calculated?
Property taxes in Frazer, 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 Frazer’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Frazer, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Frazer, Valley County, Montana Property Tax Bill Calculator
$100,000
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Median Effective Tax Rate
1%
Estimate Property Tax Bill
$886
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Property Tax Rates Across Frazer, Valley County, Montana
Local government entities are responsible for setting property tax rates, and these rates can vary significantly within a state. This variation occurs because each county calculates its necessary budget for providing essential services and divides this amount by the total assessed value of all taxable properties within its area. This calculation determines the property tax rate for the year. Although laws and votes play a role in setting these rates and budgets, this is the fundamental process followed annually.
In Frazer, located in Valley County, the effective property tax rate is comparable to other cities in Montana and aligns closely with the state's median property tax rate. Interestingly, Frazer's rate is slightly below the national median property tax rate of 1.02%. This comparison highlights how Frazer's property tax situation fits within the broader context of state and national trends. Understanding these differences can provide valuable insights for homeowners and potential buyers looking to make informed decisions about property investments in the region.
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 Frazer Tax Rate
1.00%
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 Valley County Tax Rate
1.31%
Median Effective Montana Tax Rate
0.78%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Frazer, Valley County, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59225 | 0.86% | 0.90% | 1.00% | 1.25% | 1.51% |
Source: Ownwell
Property Tax Assessment Values Across Frazer, Valley County, Montana
When examining property taxes in Frazer, 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 Valley 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 Valley 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 Frazer.
For example, the median home price in Frazer is $84,812, with tax bills ranging significantly across the county. Zip code 59225 has the highest median home price at $84,812.
Property Tax Assessment Values Across Frazer, Valley County, Montana
Source: Ownwell
$25,090
$152,295
$279,500
Median Frazer Market Value
$88,631
Median Valley County Market Value
$104,722
Median Montana Market Value
$317,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Frazer, Valley County, Montana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59225 | $1,574 | $18,200 | $88,631 | $243,910 | $434,106 |
Source: Ownwell
Property Tax Bills Across Frazer, Valley County, Montana
In Frazer, Valley County, MT, property tax bills are calculated based on the assessed value of a home. The assessed value is typically a percentage of the property's market value. The median home price in Frazer is $84,812, with homeowners facing a median property tax bill of $900. This is significantly lower than the national median property tax bill of $2,400. The property tax rate and the assessed value of the home are critical factors in determining the tax bill. Homeowners in Frazer can experience tax bills ranging from $343 at the 25th percentile to $3,993 at the 90th percentile, indicating a wide variation based on property characteristics and assessments.
Ownwell can help homeowners in Frazer by ensuring their property is accurately assessed and identifying potential exemptions or errors in the tax calculation. By appealing incorrect assessments, Ownwell assists homeowners in reducing their property tax bills, potentially saving them hundreds or even thousands of dollars annually. This service is especially valuable in areas with significant variation in property tax bills.
Median Frazer Tax Bill
$890
Median Valley County Tax Bill
$1,308
Median Montana Tax Bill
$2,559
Median United States Tax Bill
$2,400
Property Tax Bills Across Frazer, Valley County, Montana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 59225 | $15 | $337 | $890 | $2,337 | $4,080 |
Source: Ownwell