StateRates

Valley County, Montana property tax

The median homeowner in Valley County, Montana pays $2,185 a year in property tax on a home worth $198,600, an effective rate of 1.10%. The national effective rate is 0.98%.

Effective rate 1.10% #5 of 36 in Montana
Median tax bill $2,185 per year
Median home value $198,600 owner-occupied
Median income $64,515 household

What the rate means here

Valley County taxes property at 1.10%, within a rounding error of the national 0.98%. The median bill of $2,185 therefore tracks the median home value of $198,600 fairly directly, which is not true everywhere.

It ranks #5 of 36 Montana counties by effective rate, against a statewide 0.75%, and #847 nationally. The state runs from 1.52% in Blaine County down to 0.41% in Madison County.

The median home costs 3.08 times the median household income of $64,515, 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 7,540 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

$250,000 home $2,750 per year at 1.10%
$400,000 home $4,400 per year at 1.10%
$600,000 home $6,600 per year at 1.10%

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

Housing and income

Valley County, Montana against Montana and the country
Valley County Montana United States
Effective property tax 1.10% 0.75% 0.98%
Median tax bill $2,185 $2,535 $2,969
Median home value $198,600 $338,100 $303,400
Median gross rent $769 $1,031 $1,348
Median household income $64,515 $69,922 $78,538
Home price to income 3.08× 4.84× 3.86×
Rent as share of income 14.3% 17.69% 20.6%
Owner-occupied 77.65% 69.42% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 7,540.

Nearby counties of similar size

Other Montana counties
County Rate Median bill Home value
Broadwater County 0.61% $2,210 $364,800
Powell County 0.71% $1,809 $255,700
Blaine County 1.52% $1,901 $124,900
Rosebud County 0.63% $1,191 $188,900
Teton County 0.82% $1,929 $235,500

Valley County property tax: common questions

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

The effective rate is 1.10% of home value, from a median tax bill of $2,185 against a median home value of $198,600. That is 0.12 points above the national 0.98%.

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

Roughly $4,400 a year at the county effective rate of 1.10%.

Is Valley County expensive compared with the rest of Montana?

It ranks #5 of 36 Montana counties by effective property tax rate, and #847 of 2,826 nationally. That is 0.35 points above the Montana average of 0.75%.

What does housing cost in Valley County?

The median home is worth $198,600 and median gross rent is $769 a month. Median household income is $64,515, which puts the home at 3.08 times annual income and rent at 14.3% of it.