59930 Property Tax Rate

Property owners in ZIP code 59930 (Rexford, Montana) pay a median of $1,399/year in property taxes on homes valued at $252,200. This translates to an effective tax rate of 0.55%, which is 22% below the Montana state average of 0.71%.

The monthly property tax burden for a median-valued home in 59930 is approximately $117, which factors into escrow payments on mortgages. This ZIP code is located within Lincoln County. This is $486 less than the Montana average of $1,885/year.

Compared to similar ZIP codes in Montana, 59930 has higher property taxes. ZIP codes with similar effective rates include 59041 (0.55%) and 59832 (0.55%).

In Rexford, property taxes represent approximately 2.1% of the median household income of $65,268, providing context for the relative tax burden on homeowners in this area.

Montana reassesses property at market value each year without a cap on assessment growth, making annual tax increases common. Lincoln County Assessor administers Senior Homestead Exemptions (ages 65+, one-year residence requirement) and exemptions for disabled property owners. File your exemption application with the Lincoln County Assessor immediately upon purchase to secure the exemption for your first assessment year.