Property Taxes in Billings
Billings' property tax picture runs only modestly favorable -- its cited median effective rate (approximately 0.97%, Ownwell) sits just below the ~1.02% national comparison figure this project uses consistently, a genuinely more modest advantage than several other markets in this project's dataset, under Montana's real, current tiered residential structure.
Exploring the idea of moving?
We can connect you with a local real estate professional who knows the area -- no pressure, just a starting point.
Learn moreMontana's Statewide Rate Runs Genuinely Below the National Figure, and Below Billings' Own Rate
Montana's real, current statewide median effective property tax rate is cited at approximately 0.78% -- genuinely below both Billings' own cited rate (~0.97%) and the ~1.02% national comparison figure, reflecting a real, disclosed gap between the statewide and Billings-specific citations.
Montana's Real, Current Tiered Rate Structure Favors Primary Residences
Consistent with this project's Montana manifest research context (the real 2023 statewide reappraisal controversy and its legislative aftermath), Montana taxes primary residences and qualifying long-term rentals at 0.76% on the first $400,000 of value and 1.10% above that threshold (reaching a top tier of 1.90%), while every other residential property is taxed at a flat 1.90% -- a real, disclosed, genuinely significant homestead-vs-non-homestead gap.
Real, Cited ZIP-Level Variation Within Billings
Ownwell cited Billings ZIP-level median effective rates ranging from approximately 0.94% (ZIP 59106) to approximately 0.99% (ZIP 59101) -- a genuinely modest intra-city spread compared to some other Tier A+ markets in this project's dataset.
Confirm a Specific Address Directly With the Yellowstone County Assessor
Given Montana's real, tiered homestead-vs-non-homestead structure, buyers and movers should confirm a specific target property's current assessed value, homestead-eligibility status, and levy directly with the Yellowstone County Assessor -- typical bills for qualifying primary residences were cited in an approximately $1,200-$2,500/year range.
Key takeaways
- Billings' own cited median effective property tax rate (~0.97%) runs only modestly below the ~1.02% national comparison figure -- a genuinely more modest advantage than several other markets in this project's dataset.
- Montana's statewide median rate (~0.78%) runs below both Billings' own rate and the national comparison figure.
- Montana applies a real, current tiered structure: 0.76%/1.10% for qualifying primary residences and long-term rentals, versus a flat 1.90% for other residential property.
- Confirm a specific property's current tax bill and homestead-eligibility status directly with the Yellowstone County Assessor.
Want to know what your budget actually buys here?
Tell us a bit about what you're looking for and we'll connect you with someone local who can walk you through real numbers.
Get local guidanceRead the full Billings overview for the complete picture -- housing, taxes, climate, and who this place genuinely fits.
Planning a move?
Tell us what you're looking for and we'll connect you with a local expert who can help you make it happen.
Talk to a local expert