Mineral County, Montana Property Taxes
Census Bureau ACS property tax data for Montana. Population: 1,712.
The median annual property tax in Mineral County is $1,728, which is 4% lower than the Montana state average and 10% below the national average. The effective tax rate is 0.55% on a median home value of $313,600. Property taxes represent 2.8% of the median household income in this county.
Median Annual Tax
$1,728
-4% vs State
-10% vs US
Median Home Value
$313,600
+25% vs State
+48% vs US
Effective Tax Rate
0.55%
-29% vs State
-42% vs US
With vs Without Mortgage
With Mortgage
$1,957
$163/mo
Without Mortgage
$1,441
$120/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $1,728 +9.0% | 0.55% |
| 2022 | $1,585 +10.2% | 0.58% |
| 2021 | $1,438 +3.3% | 0.68% |
| 2020 | $1,392 +11.1% | 0.71% |
| 2019 | $1,253 | 0.74% |
Tax Burden
Tax-to-Income Ratio
2.8%
of median household income
Median Income
$61,117
per year
Monthly Tax
$144
per month
Other Counties in Montana
Petroleum County
Tax: $1,261/yr Rate: 0.73%
Sheridan County
Tax: $1,436/yr Rate: 1.29%
Treasure County
Tax: $1,326/yr Rate: 0.62%
Roosevelt County
Tax: $1,535/yr Rate: 1.29%
Phillips County
Tax: $1,484/yr Rate: 0.85%
Big Horn County
Tax: $1,482/yr Rate: 1.00%
Frequently Asked Questions
What is the average property tax in Mineral County, Montana? ▼
The median annual property tax in Mineral County is $1,728 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.55% on a median home value of $313,600.
How does Mineral County property tax compare to the national average? ▼
Property taxes in Mineral County are 10% below the national average of $1,923. The effective rate of 0.55% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Mineral County? ▼
In Mineral County, homeowners with a mortgage pay a median of $1,957 in annual property taxes, while homeowners without a mortgage pay $1,441. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Mineral County? ▼
Property taxes in Mineral County represent approximately 2.8% of the median household income of $61,117. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.