Park County, Montana property tax
The median homeowner in Park County, Montana pays $2,454 a year in property tax on a home worth $429,700, an effective rate of 0.57%. The national effective rate is 0.98%.
What the rate means here
At 0.57%, Park 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 $429,700, and the bill lands at $2,454 anyway.
It ranks #31 of 36 Montana counties by effective rate, against a statewide 0.75%, and #2,190 nationally. The state runs from 1.52% in Blaine County down to 0.41% in Madison County.
The median home costs 6.45 times the median household income of $66,607, against 3.86 nationally, so housing absorbs an unusually large share of what people here earn. Renters pay 16.7% of median income in gross rent. This is a small rural county of 17,484 people. Five-year survey estimates for places this size carry wide margins of error, so treat the figures as approximate.
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
| Park County | Montana | United States | |
|---|---|---|---|
| Effective property tax | 0.57% | 0.75% | 0.98% |
| Median tax bill | $2,454 | $2,535 | $2,969 |
| Median home value | $429,700 | $338,100 | $303,400 |
| Median gross rent | $927 | $1,031 | $1,348 |
| Median household income | $66,607 | $69,922 | $78,538 |
| Home price to income | 6.45× | 4.84× | 3.86× |
| Rent as share of income | 16.7% | 17.69% | 20.6% |
| Owner-occupied | 69.61% | 69.42% | 65.02% |
Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 17,484.
Nearby counties of similar size
| County | Rate | Median bill | Home value |
|---|---|---|---|
| Hill County | 1.08% | $2,026 | $187,600 |
| Lincoln County | 0.58% | $1,499 | $258,700 |
| Glacier County | 0.81% | $1,246 | $153,400 |
| Big Horn County | 1.00% | $1,482 | $148,200 |
| Sanders County | 0.55% | $1,777 | $323,800 |
Park County property tax: common questions
What is the property tax rate in Park County, Montana?
The effective rate is 0.57% of home value, from a median tax bill of $2,454 against a median home value of $429,700. That is 0.41 points below the national 0.98%.
How much is property tax on a $400,000 home in Park County?
Roughly $2,280 a year at the county effective rate of 0.57%.
Is Park County expensive compared with the rest of Montana?
It ranks #31 of 36 Montana counties by effective property tax rate, and #2190 of 2,826 nationally. That is 0.18 points below the Montana average of 0.75%.
What does housing cost in Park County?
The median home is worth $429,700 and median gross rent is $927 a month. Median household income is $66,607, which puts the home at 6.45 times annual income and rent at 16.7% of it.