59052 Property Tax Rate

Property owners in ZIP code 59052 (Mc Leod, Montana) pay a median of $4,348/year in property taxes on homes valued at $1,350,000. This translates to an effective tax rate of 0.32%, which is 55% below the Montana state average of 0.71%.

The monthly property tax burden for a median-valued home in 59052 is approximately $362, which factors into escrow payments on mortgages. This ZIP code is located within Sweet Grass County. This is $2,463 more than the Montana average of $1,885/year.

Compared to similar ZIP codes in Montana, 59052 has higher property taxes. ZIP codes with similar effective rates include 59527 (0.31%) and 59462 (0.34%).

In Mc Leod, property taxes represent approximately 7.2% of the median household income of $60,000, providing context for the relative tax burden on homeowners in this area.

Montana reassesses all property at market value each year with no annual increase caps or prior assessed value guarantees for new buyers. Sweet Grass County offers a Homeowner Exemption of $3,600 off assessed value for owner-occupied primary residences and a Senior Homeowner Exemption for owners 65+ with 5+ years of occupancy — apply with the Sweet Grass County Assessor's office by June 1 annually. Submit your homeowner exemption claim to the Sweet Grass County Assessor by June 1 following your purchase to apply the exemption to that tax year.