StateRates

Ravalli County, Montana property tax

The median homeowner in Ravalli County, Montana pays $2,303 a year in property tax on a home worth $435,000, an effective rate of 0.53%. The national effective rate is 0.98%.

Effective rate 0.53% #35 of 36 in Montana
Median tax bill $2,303 per year
Median home value $435,000 owner-occupied
Median income $71,323 household

What the rate means here

At 0.53%, Ravalli County taxes property more lightly than the national 0.98%. A low rate on an expensive house is not the bargain it looks like. The median bill is still $2,303, because 0.53% of $435,000 is not a small number.

Inside Montana it is among the lightest, ranking #35 of 36, against a statewide 0.75%. Blaine County, in the same state, charges 1.52%. Comparing states on property tax hides differences like that, which is why this site publishes counties.

The median home costs 6.1 times the median household income of $71,323, against 3.86 nationally, so housing absorbs an unusually large share of what people here earn. Renters pay 17.73% of median income in gross rent. With 45,807 residents, the sample behind these medians is small, and the survey's own margins of error are correspondingly wider.

The rate is derived rather than quoted. How and why.

What that costs at different home values

$250,000 home $1,325 per year at 0.53%
$400,000 home $2,120 per year at 0.53%
$600,000 home $3,180 per year at 0.53%

Arithmetic at the county effective rate, before any exemption or assessment cap.

Housing and income

Ravalli County, Montana against Montana and the country
Ravalli County Montana United States
Effective property tax 0.53% 0.75% 0.98%
Median tax bill $2,303 $2,535 $2,969
Median home value $435,000 $338,100 $303,400
Median gross rent $1,054 $1,031 $1,348
Median household income $71,323 $69,922 $78,538
Home price to income 6.1× 4.84× 3.86×
Rent as share of income 17.73% 17.69% 20.6%
Owner-occupied 78.58% 69.42% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 45,807.

Nearby counties of similar size

Other Montana counties
County Rate Median bill Home value
Silver Bow County 1.05% $2,357 $223,500
Lake County 0.66% $2,436 $369,200
Lincoln County 0.58% $1,499 $258,700
Lewis and Clark County 0.81% $2,886 $358,200
Park County 0.57% $2,454 $429,700

Ravalli County property tax: common questions

What is the property tax rate in Ravalli County, Montana?

The effective rate is 0.53% of home value, from a median tax bill of $2,303 against a median home value of $435,000. That is 0.45 points below the national 0.98%.

How much is property tax on a $400,000 home in Ravalli County?

Roughly $2,120 a year at the county effective rate of 0.53%.

Is Ravalli County expensive compared with the rest of Montana?

It ranks #35 of 36 Montana counties by effective property tax rate, and #2338 of 2,826 nationally. That is 0.22 points below the Montana average of 0.75%.

What does housing cost in Ravalli County?

The median home is worth $435,000 and median gross rent is $1,054 a month. Median household income is $71,323, which puts the home at 6.1 times annual income and rent at 17.73% of it.