Cost of Living & Housing in Forsyth
Forsyth's cost of living combines Montana's statewide no-sales-tax and moderate-income-tax advantages with a real, disclosed exception on the property-tax side and a genuinely unresolved housing-value discrepancy.
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Learn moreA property tax rate genuinely above the state median
Forsyth's own effective property tax rate ran 1.16% (Ownwell) -- above both Montana's statewide median (approximately 0.83%, per the same source) and the national median (approximately 0.99%), producing a median annual tax bill of $1,112 with a wide $607-$2,221 range (base record).
A real, disclosed housing-value discrepancy
Ownwell cited a Forsyth-specific median home value of approximately $98,752, while Zillow separately cited an average home value of approximately $232,421 -- more than double. This record discloses both rather than picking one (base record).
Montana's no sales tax and 5.65% top income tax rate
Montana levies no general statewide sales tax, and its 2026 individual income tax tops out at a 5.65% marginal rate on income above $47,500 single/$95,000 joint, with a scheduled drop to 5.4% for tax year 2027 (base record).
Genuinely high statewide homeowners insurance
No Forsyth-specific premium figure was found this pass; Montana's own statewide range ran approximately $2,448-$4,814/year, with one source ranking Montana the 9th most expensive state nationally (base record).
Key takeaways
- Forsyth's own 1.16% effective property tax rate runs above both the Montana statewide and national medians.
- Housing-value citations for Forsyth run genuinely inconsistent ($98,752 to $232,421) -- confirm current figures directly.
- Montana's no-sales-tax structure and 5.65% top income tax rate apply here as they do statewide.
- Montana carries genuinely high statewide homeowners-insurance costs; no Forsyth-specific figure was found this pass.
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