Yellowstone County, Montana Property Taxes
Property Taxes in Yellowstone County, Montana
Median Yellowstone County effective property tax rate: 0.96%, significantly lower than the national median of 1.02%.
Median Yellowstone County home value: $298,700
Median annual Yellowstone County tax bill: $2,825, higher than the national median property tax bill of $2,400.
How are property taxes in Yellowstone County calculated?
Property taxes in Yellowstone 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.
Why are property taxes in Yellowstone County important to review? Because even with a 0.96% effective property tax rate, the median annual tax bill is $2,825, which is above the national median. How does Yellowstone County compare with Montana? The county’s rate is lower than the state median of 0.78%, and the county tax bill is $425 higher than the state comparison provided. Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Yellowstone County or another part of the county, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Yellowstone County, Montana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.96%
Estimate Property Tax Bill
$2,868
$2,661
How Does the Yellowstone County Property Tax Calculator Work?
Use this Yellowstone County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Yellowstone County's median effective tax rate of 0.96% 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. Yellowstone County’s median effective tax rate is lower than Montana’s 0.78% state median tax rate, but the county’s median property tax bill of $2,825 is $425 higher than the state median.
Your actual bill may vary based on your specific exemptions, local school district levies, and any special assessment districts that apply to your property. Billings has the highest median tax bill at $2,939, while Acton has the lowest at $212.
For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Yellowstone County.
Property Tax Rates Across Yellowstone County, Montana
What Are Effective Property Tax Rates Across Yellowstone County?
Local government entities set tax rates, which vary widely across Yellowstone 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 Yellowstone County's effective property tax rate to other counties in Montana or the U.S. median of 1.02%.
Yellowstone County's median effective rate stands at 0.96%, which is lower than the national median of 1.02%. Within Yellowstone County, the highest rate is found in Custer at 1.05%, while Acton has the lowest at 0.55%.
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 Ă· 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 Yellowstone County Tax Rate
0.96%
Our median effective property tax rate (tax bill Ă· 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 Yellowstone County, Montana
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Acton | 0.31% | 0.49% | 0.55% | 0.60% | 0.84% |
| Ballantine | 0.37% | 0.60% | 0.63% | 0.71% | 0.88% |
| Billings | 0.66% | 0.86% | 0.97% | 1.01% | 1.06% |
| Broadview | 0.45% | 0.57% | 0.75% | 0.82% | 0.83% |
| Custer | 0.77% | 0.93% | 1.05% | 1.24% | 1.66% |
| Huntley | 0.44% | 0.59% | 0.62% | 0.67% | 0.77% |
| Joliet | 0.53% | 0.64% | 0.65% | 0.66% | 0.66% |
| Laurel | 0.57% | 0.69% | 0.92% | 1.00% | 1.06% |
| Molt | 0.55% | 0.67% | 0.67% | 0.69% | 0.72% |
| Park City | 0.56% | 0.67% | 0.69% | 0.69% | 0.70% |
| Pompeys Pillar | 0.54% | 0.60% | 0.64% | 0.74% | 1.23% |
| Shepherd | 0.75% | 0.85% | 0.87% | 0.92% | 0.99% |
| Worden | 0.57% | 0.60% | 0.65% | 0.73% | 0.90% |
| Nibbe | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Yellowstone County, Montana
When examining property taxes in Yellowstone 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 Yellowstone 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.
Assessment notices are sent in the spring each year and 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.
The median tax bill in Yellowstone County is $2,825, which is above the national median property tax bill of $2,400. Tax bills vary widely across the county, from $212 in Acton to $2,939 in Billings. Joliet has the highest median home price at $473,600.
Property Tax Assessment Values Across Yellowstone County, Montana
Source: Ownwell
$18,070
$245,835
$473,600
Median Yellowstone County Market Value
$298,700
Median Montana Market Value
$317,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Yellowstone County, Montana
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Acton | $5,496 | $6,750 | $18,070 | $100,766 | $252,489 |
| Ballantine | $6,826 | $15,872 | $115,900 | $277,225 | $357,480 |
| Billings | $67,197 | $222,300 | $305,330 | $394,475 | $514,000 |
| Broadview | $20,059 | $50,788 | $148,000 | $257,800 | $320,610 |
| Custer | $18,659 | $40,313 | $104,592 | $197,484 | $305,290 |
| Huntley | $18,114 | $81,619 | $257,652 | $390,550 | $501,860 |
| Joliet | $74,962 | $144,381 | $473,600 | $532,358 | $577,445 |
| Laurel | $35,901 | $171,400 | $249,300 | $353,100 | $511,940 |
| Molt | $56,747 | $231,448 | $374,600 | $525,100 | $646,303 |
| Park City | $105,531 | $126,166 | $423,200 | $481,700 | $539,960 |
| Pompeys Pillar | $12,300 | $23,620 | $79,826 | $218,492 | $325,100 |
| Shepherd | $18,195 | $82,143 | $283,800 | $394,000 | $491,150 |
| Worden | $18,170 | $63,570 | $188,800 | $317,300 | $432,919 |
| Nibbe | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Yellowstone County, Montana
Property tax bills in Yellowstone County are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. Local taxing authorities then use that assessed value to determine the final bill, so two homes with different values can face very different taxes even within the same county. For homeowners, this means a higher market value can lead to a higher tax bill, while a lower assessed value can reduce what is owed.
In Yellowstone County, the median home price is $298,700, and tax bills vary widely across the county. The 25th percentile tax bill is $1,850, while the 75th percentile is $3,651 and the 90th percentile is $4,650. That range shows how much location and property value can affect what homeowners pay. The highest median tax bill is $2,939 in Billings, while the lowest median tax bill is $212 in Acton.
Median Yellowstone County Tax Bill
$2,825
Median Montana Tax Bill
$2,559
Median United States Tax Bill
$2,400
Property Tax Bills Across Yellowstone County, Montana
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Acton | $30 | $72 | $212 | $1,026 | $1,570 |
| Ballantine | $70 | $223 | $1,048 | $1,931 | $2,681 |
| Billings | $586 | $2,045 | $2,939 | $3,747 | $4,770 |
| Broadview | $167 | $315 | $971 | $1,742 | $2,171 |
| Custer | $274 | $592 | $1,220 | $2,204 | $3,186 |
| Huntley | $203 | $585 | $1,642 | $2,524 | $3,277 |
| Joliet | $516 | $947 | $2,746 | $3,421 | $3,761 |
| Laurel | $357 | $1,400 | $2,281 | $2,906 | $3,803 |
| Molt | $411 | $1,491 | $2,496 | $3,520 | $4,390 |
| Park City | $707 | $2,062 | $2,925 | $3,341 | $3,758 |
| Pompeys Pillar | $127 | $231 | $851 | $1,570 | $2,439 |
| Shepherd | $263 | $811 | $2,447 | $3,398 | $4,327 |
| Worden | $198 | $515 | $1,386 | $2,205 | $3,115 |
| Nibbe | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| Yellowstone Tax Assessor | |
| Website | www.yellowstonecountymt.gov |