59820 Property Tax Rate

Property owners in ZIP code 59820 (Alberton, Montana) pay a median of $2,190/year in property taxes on homes valued at $332,000. This translates to an effective tax rate of 0.66%, which is 8% below the Montana state average of 0.71%.

The monthly property tax burden for a median-valued home in 59820 is approximately $183, which factors into escrow payments on mortgages. This ZIP code is located within Mineral County. This is $305 more than the Montana average of $1,885/year.

Compared to similar ZIP codes in Montana, 59820 has higher property taxes. ZIP codes with similar effective rates include 59327 (0.66%) and 59014 (0.66%).

In Alberton, property taxes represent approximately 3.0% of the median household income of $72,586, providing context for the relative tax burden on homeowners in this area.

Montana reassesses all property at fair market value annually with no increase cap, meaning your taxes may rise significantly year-to-year. The Mineral County Assessor administers Senior Homestead Exemptions (ages 65+, one-year residence requirement) and exemptions for disabled owners. Apply for exemptions directly with the Mineral County Assessor immediately after closing to qualify for the current tax year.