Great Falls, MT Property Tax Rates

Compare property tax rates across 3 ZIP codes in Great Falls, Montana.

ACS 2019-2023 · Updated Dec 2024

Avg Tax Rate

0.95%

Avg Annual Tax

$2,246

Avg Home Value

$238,400

ZIP Codes

3

Property Tax Overview: Great Falls, MT

Great Falls has 3 ZIP codes with property tax data. The average effective tax rate across these ZIPs is 0.95%, which is 33% above the Montana average of 0.71%. Annual property taxes range from $2,400 (ZIP 59404) to $2,130 (ZIP 59401).

For a home at Great Falls's median value of $238,400, property taxes add approximately $189/month to housing costs. Great Falls home values are below the Montana median of $298,948, which moderates the overall monthly tax burden.

Property tax rates within Great Falls vary by 0.15 percentage points across its ZIP codes. This variation typically reflects different school district boundaries, special assessment zones, and municipal service areas within the city.

ZIP Codes in Great Falls, MT

ZIP CodeEffective RateMedian TaxMedian Home Value
594040.88%$2,400$272,300
594050.93%$2,209$236,800
594011.03%$2,130$206,100

Great Falls vs Montana Average

Effective Tax Rate

Great Falls0.95%
Montana Avg0.71%

33% above state average

Annual Property Tax

Great Falls$2,246
Montana Avg$1,885

Median Home Value

Great Falls$238,400
Montana Avg$298,948

Frequently Asked Questions

What is the average property tax rate in Great Falls, MT?

The average effective property tax rate in Great Falls, Montana is 0.95%, based on 3 ZIP codes.

How much is property tax in Great Falls, MT?

The average median annual property tax in Great Falls is $2,246 per year, with a median home value of $238,400.

Which ZIP code in Great Falls has the lowest property tax rate?

ZIP code 59404 has the lowest effective tax rate in Great Falls at 0.88%, with a median annual tax of $2,400.

How many ZIP codes are in Great Falls, MT?

Great Falls, Montana has 3 ZIP codes with property tax data available.

Which ZIP code in Great Falls has the highest property tax rate?

ZIP code 59401 has the highest effective tax rate in Great Falls at 1.03%, with a median annual tax of $2,130.

How do Great Falls property taxes compare to the Montana average?

Great Falls's average effective rate of 0.95% is 33% above the Montana state average of 0.71%.

What factors affect property tax rates between ZIP codes in Great Falls?

Property tax rate differences within Great Falls are typically driven by school district boundaries (which can account for 40–60% of a tax bill), special assessment zones for fire, water, or transit services, and whether a ZIP falls within city limits or an unincorporated area. Each taxing jurisdiction sets its own rate, which is why adjacent ZIP codes can have noticeably different effective rates.

Tips for Great Falls Homeowners

  • Appeal your assessment: If your home is assessed higher than its market value, you can file a property tax appeal. Studies suggest 30–60% of properties are over-assessed. Most counties offer a free informal review process.
  • Check your exemptions: Homestead exemptions can reduce your taxable value and are available to primary residents in most states. Senior, veteran, and disability exemptions may also apply. Exemptions must typically be applied for — they are not automatic.
  • Know your assessment cycle: Montana reassesses properties periodically. After buying a home, your next tax bill may reflect a new assessment based on your purchase price. Budget accordingly, especially if you bought above prior assessed values.
  • Compare ZIP codes before buying: Even within Great Falls, effective tax rates can vary significantly across ZIP codes due to different school district overlays. Use PropertyTaxByZip to compare specific ZIPs before choosing a neighborhood.

Looking for county-level property tax data? View Cascade County on TaxByCounty.com

Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates (ZCTA level). ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes.

Estimates are informational only and should not be used as financial or legal advice.

Learn about our data sources and methodology →