Silver Bow County, Montana Property Taxes
Census Bureau ACS property tax data for Montana. Population: 10,818.
The median annual property tax in Silver Bow County is $2,357, which is 31% higher than the Montana state average and 23% above the national average. The effective tax rate is 1.05% on a median home value of $223,500. Property taxes represent 4.1% of the median household income in this county.
Median Annual Tax
$2,357
+31% vs State
+23% vs US
Median Home Value
$223,500
-11% vs State
+6% vs US
Effective Tax Rate
1.05%
+36% vs State
+11% vs US
With vs Without Mortgage
With Mortgage
$2,449
$204/mo
Without Mortgage
$2,227
$186/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 | $2,357 +9.5% | 1.05% |
| 2022 | $2,153 +11.9% | 1.10% |
| 2021 | $1,924 +7.1% | 1.17% |
| 2020 | $1,796 +7.4% | 1.16% |
| 2019 | $1,673 | 1.12% |
Tax Burden
Tax-to-Income Ratio
4.1%
of median household income
Median Income
$57,504
per year
Monthly Tax
$196
per month
Other Counties in Montana
Hill County
Tax: $2,026/yr Rate: 1.08%
Daniels County
Tax: $1,533/yr Rate: 0.86%
Park County
Tax: $2,454/yr Rate: 0.57%
Garfield County
Tax: $1,169/yr Rate: 0.66%
Sanders County
Tax: $1,777/yr Rate: 0.55%
Beaverhead County
Tax: $1,876/yr Rate: 0.67%
Frequently Asked Questions
What is the average property tax in Silver Bow County, Montana? ▼
The median annual property tax in Silver Bow County is $2,357 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 1.05% on a median home value of $223,500.
How does Silver Bow County property tax compare to the national average? ▼
Property taxes in Silver Bow County are 23% above the national average of $1,923. The effective rate of 1.05% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Silver Bow County? ▼
In Silver Bow County, homeowners with a mortgage pay a median of $2,449 in annual property taxes, while homeowners without a mortgage pay $2,227. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Silver Bow County? ▼
Property taxes in Silver Bow County represent approximately 4.1% of the median household income of $57,504. 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.