Toole County, Montana property tax
The median homeowner in Toole County, Montana pays $1,805 a year in property tax on a home worth $187,400, an effective rate of 0.96%. The national effective rate is 0.98%.
What the rate means here
Toole County taxes property at 0.96%, within a rounding error of the national 0.98%. With the rate close to typical, the $1,805 bill is driven by what housing is worth here rather than by how hard it is taxed.
It ranks #9 of 36 Montana counties by effective rate, against a statewide 0.75%, and #1,128 nationally. The state runs from 1.52% in Blaine County down to 0.41% in Madison County.
The median home costs 3.49 times the median household income of $53,693, close to the national 3.86. Incomes run below the national median, and house prices run below it too, which is what keeps the ratio ordinary. This is a small rural county of 5,028 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
| Toole County | Montana | United States | |
|---|---|---|---|
| Effective property tax | 0.96% | 0.75% | 0.98% |
| Median tax bill | $1,805 | $2,535 | $2,969 |
| Median home value | $187,400 | $338,100 | $303,400 |
| Median gross rent | $753 | $1,031 | $1,348 |
| Median household income | $53,693 | $69,922 | $78,538 |
| Home price to income | 3.49× | 4.84× | 3.86× |
| Rent as share of income | 16.83% | 17.69% | 20.6% |
| Owner-occupied | 64.56% | 69.42% | 65.02% |
Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 5,028.
Nearby counties of similar size
| County | Rate | Median bill | Home value |
|---|---|---|---|
| Musselshell County | 0.63% | $1,383 | $221,200 |
| Chouteau County | 0.78% | $1,446 | $185,100 |
| Pondera County | 0.88% | $1,584 | $179,200 |
| Teton County | 0.82% | $1,929 | $235,500 |
| Blaine County | 1.52% | $1,901 | $124,900 |
Toole County property tax: common questions
What is the property tax rate in Toole County, Montana?
The effective rate is 0.96% of home value, from a median tax bill of $1,805 against a median home value of $187,400. That is 0.02 points below the national 0.98%.
How much is property tax on a $400,000 home in Toole County?
Roughly $3,840 a year at the county effective rate of 0.96%.
Is Toole County expensive compared with the rest of Montana?
It ranks #9 of 36 Montana counties by effective property tax rate, and #1128 of 2,826 nationally. That is 0.21 points above the Montana average of 0.75%.
What does housing cost in Toole County?
The median home is worth $187,400 and median gross rent is $753 a month. Median household income is $53,693, which puts the home at 3.49 times annual income and rent at 16.83% of it.