Lake County, Montana Property Taxes
Census Bureau ACS property tax data for Montana. Population: 8,985.
The median annual property tax in Lake County is $2,436, which is 35% higher than the Montana state average and 27% above the national average. The effective tax rate is 0.66% on a median home value of $369,200. Property taxes represent 3.9% of the median household income in this county.
Median Annual Tax
$2,436
+35% vs State
+27% vs US
Median Home Value
$369,200
+47% vs State
+75% vs US
Effective Tax Rate
0.66%
-14% vs State
-31% vs US
With vs Without Mortgage
With Mortgage
$2,613
$218/mo
Without Mortgage
$2,176
$181/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $2,436 +1.7% | 0.66% |
| 2022 | $2,395 +12.9% | 0.71% |
| 2021 | $2,121 +6.9% | 0.73% |
| 2020 | $1,984 +5.5% | 0.71% |
| 2019 | $1,880 | 0.74% |
Tax Burden
Tax-to-Income Ratio
3.9%
of median household income
Median Income
$61,965
per year
Monthly Tax
$203
per month
Other Counties in Montana
Toole County
Tax: $1,805/yr Rate: 0.96%
Wibaux County
Tax: $654/yr Rate: 0.71%
Park County
Tax: $2,454/yr Rate: 0.57%
Liberty County
Tax: $1,204/yr Rate: 1.03%
Beaverhead County
Tax: $1,876/yr Rate: 0.67%
Carter County
Tax: $782/yr Rate: 0.44%
Frequently Asked Questions
What is the average property tax in Lake County, Montana? ▼
The median annual property tax in Lake County is $2,436 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.66% on a median home value of $369,200.
How does Lake County property tax compare to the national average? ▼
Property taxes in Lake County are 27% above the national average of $1,923. The effective rate of 0.66% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Lake County? ▼
In Lake County, homeowners with a mortgage pay a median of $2,613 in annual property taxes, while homeowners without a mortgage pay $2,176. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Lake County? ▼
Property taxes in Lake County represent approximately 3.9% of the median household income of $61,965. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.