59351 Property Tax Rate

Property owners in ZIP code 59351 (Volborg, Montana) pay a median of $1,242/year in property taxes on homes valued at $112,800. This translates to an effective tax rate of 1.10%, which is 54% above the Montana state average of 0.71%.

The monthly property tax burden for a median-valued home in 59351 is approximately $104, which factors into escrow payments on mortgages. This ZIP code is located within Powder River County. This is $643 less than the Montana average of $1,885/year.

Compared to similar ZIP codes in Montana, 59351 has lower property taxes. ZIP codes with similar effective rates include 59254 (1.11%) and 59006 (1.11%).

Montana reassesses all property at market value each year with no assessment cap or grandfather clause for new purchases. Powder River County provides a Homeowner Exemption of $3,600 off assessed value for primary residences and Senior Homeowner Exemptions for owners 65+ who have occupied the home 5+ years — apply with the Powder River County Assessor's office by June 1 annually. Submit your homeowner exemption application to the Powder River County Assessor by June 1 of the year following purchase to claim the exemption on that tax year.