Petroleum County Property Taxes

Petroleum County, Montana

Effective Tax Rate

0.00%

30% below state avg

Median Annual Tax

$0

$105/mo escrow

#30 of 56 counties in Montana

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

0.73%

vs. Montana Avg30% below
vs. National Avg53.1% below

At a Glance

Median Home Value

$173,700

State avg $251,520

Tax w/ Mortgage/yr

$1,672

$139/mo escrow

Tax w/o Mortgage/yr

$1,107

$92/mo

State Tax Rate Rank

#30

of 56 counties (1 = lowest)

Data Story

About Property Taxes in Petroleum County, Montana

Petroleum County taxes slightly above average

Petroleum County's effective rate of 0.726% sits modestly above the national median of 0.84%, placing it roughly in the 45th percentile nationally. The median property tax is $1,261, well below the national median of $2,690, reflecting smaller homes in this rural county.

Middle-of-the-pack within Montana

At 0.726%, Petroleum County's rate sits just below Montana's state average of 0.767%, ranking it in the middle tier of Montana counties. This makes Petroleum reasonably competitive within the state, though not among the very lowest-taxed regions.

Median rates compared to region

Petroleum County's 0.726% rate falls between Musselshell (0.625%) and Powell (0.708%), making it roughly middle-ground regionally. The broader eight-county area averages around 0.75%, so Petroleum sits right at the regional norm.

Median home costs $1,261 yearly

A typical Petroleum County home valued at $173,700 generates $1,261 in annual taxes at the 0.726% rate. Owners with mortgages pay $1,672, while outright owners pay $1,107—a notable gap driven by assessment methodology and timing differences.

Overassessment appeals are your right

In rural Montana counties like Petroleum, assessment errors are common because comparable sales data is sparse. If you believe your home's assessed value exceeds its true market worth, contact the county assessor about filing an appeal—it's free and worth investigating.

How Petroleum County Compares

Median Annual Property Tax

Petroleum County$1,261
Montana State Average$1,802
National Average$1,924

Petroleum County

0.73%

Effective rate

Montana Avg

0.72%

Effective rate

National Avg

0.91%

Effective rate

Frequently Asked Questions

What is the property tax rate in Petroleum County, Montana?
The effective property tax rate in Petroleum County, Montana is 0.73%. This rate is calculated by dividing the median property tax payment by the median home value in the county.
How much are property taxes in Petroleum County?
The median annual property tax payment in Petroleum County is $1,261. Homeowners with a mortgage pay a median of $1,672, while those without a mortgage pay $1,107.
How does Petroleum County compare to the Montana average?
Petroleum County's effective tax rate of 0.73% is higher than the Montana state average of 0.72%. The median annual property tax in Petroleum County is $1,261, compared to the state average of $1,802.
What is the median home value in Petroleum County, Montana?
The median home value in Petroleum County, Montana is $173,700, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Why is Petroleum County property tax rate higher than the Montana average?
Petroleum County's effective property tax rate of 0.73% is higher than the Montana average of 0.72%. This difference of 0.01% can be attributed to local funding needs for schools, infrastructure, and municipal services. Higher rates often correlate with more urbanized areas or counties with greater public service demands.
How does Petroleum County rank for property taxes in Montana?
Petroleum County ranks #30 out of 56 counties in Montana by effective property tax rate (1 = lowest). With a rate of 0.73% and median annual tax of $1,261, it falls in the middle third of counties statewide.

Counties with Similar Tax Rates

Nearby Counties

Other Counties in Montana

Data updated: March 2026

Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates. Effective tax rate is calculated as median property tax divided by median home value.