Gallatin County, Montana property tax
The median homeowner in Gallatin County, Montana pays $3,625 a year in property tax on a home worth $604,900, an effective rate of 0.60%. The national effective rate is 0.98%.
What the rate means here
At 0.60%, Gallatin County taxes property more lightly than the national 0.98%. Rate and bill part company here. The percentage is below national, the house is worth $604,900, and the bill lands at $3,625 anyway.
It ranks #28 of 36 Montana counties by effective rate, against a statewide 0.75%, and #2,086 nationally. The state runs from 1.52% in Blaine County down to 0.41% in Madison County.
The median home costs 6.92 times the median household income of $87,454, against 3.86 nationally, so housing absorbs an unusually large share of what people here earn. Renters pay 21.6% of median income in gross rent. The county has 122,194 residents, which is small enough that the medians describe a reasonably coherent market.
The rate is derived rather than quoted. How and why.
What that costs at different home values
Arithmetic at the county effective rate, before any exemption or assessment cap.
Housing and income
| Gallatin County | Montana | United States | |
|---|---|---|---|
| Effective property tax | 0.60% | 0.75% | 0.98% |
| Median tax bill | $3,625 | $2,535 | $2,969 |
| Median home value | $604,900 | $338,100 | $303,400 |
| Median gross rent | $1,574 | $1,031 | $1,348 |
| Median household income | $87,454 | $69,922 | $78,538 |
| Home price to income | 6.92× | 4.84× | 3.86× |
| Rent as share of income | 21.6% | 17.69% | 20.6% |
| Owner-occupied | 61.52% | 69.42% | 65.02% |
Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 122,194.
Nearby counties of similar size
| County | Rate | Median bill | Home value |
|---|---|---|---|
| Missoula County | 0.91% | $3,833 | $423,100 |
| Flathead County | 0.61% | $2,867 | $467,700 |
| Cascade County | 0.92% | $2,236 | $243,300 |
| Yellowstone County | 0.84% | $2,669 | $317,600 |
| Lewis and Clark County | 0.81% | $2,886 | $358,200 |
Gallatin County property tax: common questions
What is the property tax rate in Gallatin County, Montana?
The effective rate is 0.60% of home value, from a median tax bill of $3,625 against a median home value of $604,900. That is 0.38 points below the national 0.98%.
How much is property tax on a $400,000 home in Gallatin County?
Roughly $2,400 a year at the county effective rate of 0.60%.
Is Gallatin County expensive compared with the rest of Montana?
It ranks #28 of 36 Montana counties by effective property tax rate, and #2086 of 2,826 nationally. That is 0.15 points below the Montana average of 0.75%.
What does housing cost in Gallatin County?
The median home is worth $604,900 and median gross rent is $1,574 a month. Median household income is $87,454, which puts the home at 6.92 times annual income and rent at 21.6% of it.