59801 Property Tax Rate

Property owners in ZIP code 59801 (Missoula, Montana) pay a median of $3,847/year in property taxes on homes valued at $393,400. This translates to an effective tax rate of 0.98%, which is 37% above the Montana state average of 0.71%.

The monthly property tax burden for a median-valued home in 59801 is approximately $321, which factors into escrow payments on mortgages. This ZIP code is located within Missoula County. This is $1,962 more than the Montana average of $1,885/year.

Compared to similar ZIP codes in Montana, 59801 has higher property taxes. ZIP codes with similar effective rates include 59486 (0.98%) and 59088 (0.97%).

In Missoula, property taxes represent approximately 7.0% of the median household income of $55,022, providing context for the relative tax burden on homeowners in this area.

Montana reassesses property at market value annually without a cap, and you will be assessed at current market value when you take ownership. Missoula County offers a Senior Homestead Exemption (65+ owners with one year occupancy) and disabled exemptions that can reduce your tax burden—contact the Missoula County Assessor to determine eligibility. Submit any exemption claims to the Missoula County Assessor's office within 30 days of purchase to ensure the exemption applies to your first assessment year.