What is the property tax rate in Billings, MT?

Billings has an estimated effective property tax rate of 0.87%. On a median home valued at $311,800, homeowners pay approximately $2,706 per year in property taxes.

How does Billings compare to Yellowstone County?

Billings's effective rate of 0.87% is 7% higher than the Yellowstone County average of 0.81%. The county-wide median annual tax is $2,832, while Billings homeowners pay an estimated $2,706.

How much are property taxes in Billings on a $300,000 home?

Based on Billings's effective rate of 0.87%, property taxes on a $300,000 home would be approximately $2,610 per year, or about $218 per month.

Billings Property Tax Rate

Yellowstone County, Montana

0.87%effective rate

Billings is located in Yellowstone County, Montana. Homeowners in Billings pay a median of $2,706 per year in property taxes on a home valued at $311,800, resulting in an effective tax rate of 0.87%. This is 7% higher than the Yellowstone County average of 0.81%.

Effective Tax Rate🏠

0.87%

vs 0.81% county avg

Est. Annual Tax💰

$2,706

Per year

Median Home Value📊

$311,800

2024 estimate

Population📍

118,321

Billings, MT

How Billings Compares

Billings

0.87%

Yellowstone County Average

0.81%

Montana Average

0.72%

National Average

0.92%

About Property Taxes in Billings

Property taxes in Billings are collected by Yellowstone County. Tax exemptions available to Yellowstone County residents — including homestead, senior, and disability exemptions — also apply to homeowners in Billings. For detailed information on available exemptions and the county tax collector, see the Yellowstone County property tax page.

Property Tax Calculator

Estimate your annual property tax in Billings

Home Value

$50k$2M

Apply homestead exemption ($100,000 school tax reduction)

Estimated Annual Property Tax

$2,610

$218/month · Rate: 0.87%

Yellowstone County Property Taxes

County-level data, exemptions, historical trends, and tax collector info.

View county details →

Montana Property Taxes

Statewide rates, all 56 counties, and exemptions.

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Think your property tax is too high?

Homeowners save an average of $1,148/year by appealing their assessment.

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Frequently Asked Questions

Data Source: U.S. Census Bureau, 2024 American Community Survey 5-Year Estimates. City-level tax data is derived from Census place-level statistics. Effective tax rates are calculated by dividing median real estate taxes paid by median home value. Actual property tax rates may vary based on local taxing jurisdictions, exemptions, and assessment practices. This information is for general reference only and should not be used as a substitute for professional tax advice.