Montana Property Tax Burden Estimator

Homeowner (Homestead)

Enter your market value. Montana property taxes are calculated using a two-step system: (1) apply the 1.35% assessment rate to market value to determine taxable value, then (2) apply the mill levy to taxable value.

Current Estimated Tax (Current Law)
$0.00
Effective Rate (as % of Market Value)
0.000%
Mills (2024)
500
Assessment Rate
1.35%
Taxable Value (Market × 1.35%)
$0.00
Selected Sales Tax (Static / Dynamic)
Static: N/A
Dynamic: N/A
OutputValue
Current Law Property Tax$0.00
Maximum Implementation — Net Property Tax$0.00
Savings (Maximum)$0.00
Partial Implementation — Net Property Tax (Homestead)$0.00
Savings (Partial)$0.00
Interpretation: Maximum Implementation eliminates state, city, county, and K–12 school district property taxes. Partial Implementation eliminates residential homestead property taxes only; business and rental property taxes remain. Net property tax shown excludes special districts and other remaining local fees/taxes not modeled. For comparison, the report models a typical household with a roughly $2,723 property tax bill on a median-valued Montana home.

Business Property Estimator — Statewide Average

Business Property

Enter the market value of business property. Under the the report’s reform framework, business property taxes are eliminated under Maximum Implementation, but generally remain under Partial Implementation.

Effective Business Property Tax Rate
1.07%
Selected Sales Tax (Static / Dynamic)
Static: N/A
Dynamic: N/A
Mills (2024)
500
OutputValue
Current Law Property Tax$0.00
Maximum Implementation — Net Property Tax$0.00
Savings (Maximum)$0.00
Partial Implementation — Net Property Tax$0.00
Savings (Partial)$0.00

Renter Savings Estimator — Statewide

Renters

Estimate renter savings from reduced property tax pass-through under Montana property tax reform. Adjust the assumed pass-through rate and reform scenario to see how savings may vary.

Disclaimer: The calculation of estimated property tax savings for renters in the tool is based on national estimates and not precise to Montana. These figures represent the best estimate of what Montana renters could save depending on the specific pass-through rate selected in the calculator. Embedded property-tax share of rent is set at 20%.
OutputValue
Embedded Property-Tax Share of Rent20%
Assumed Pass-Through Rate80%
Current Estimated Annual Embedded Burden$0.00
Maximum Implementation — Estimated Renter Savings$0.00
Partial Implementation — Estimated Renter Savings$0.00
Selected Scenario Savings$0.00

Results Summary

Outputs
Property Type Geography Input Amount / Market Value Current Law Property Tax or Embedded Tax Burden Net Property Tax (Maximum Implementation) Net Property Tax (Partial Implementation)
Disclaimer: This tool uses a statewide average 2024 composite mill levy and a simplified two-step Montana property tax calculation: (1) taxable value equals market value multiplied by the legislatively set assessment rate (1.35%), and (2) property tax equals taxable value multiplied by the mill levy (mills ÷ 1000). Actual assessment practices and local levies vary by location and property class, and results are illustrative. Net property tax results exclude special districts and other remaining local fees or taxes not modeled. Reform scenario sales tax rates shown are informational and reflect the modeling assumptions in Securing Ownership by Eliminating Property Taxes.

Session Summary and Export

Admin View

Tracks total usage and estimated tax liabilities across all tool interactions (session-based).

MetricValue
Total Users (actions logged)0
Total Current Law Property Tax$0.00
Total Net Property Tax (Maximum)$0.00
Total Net Property Tax (Partial)$0.00
Total Savings vs Current (Maximum)$0.00
Total Savings vs Current (Partial)$0.00