HonestCasa logoHonestCasa
Updated 2025 Tax Year

Granite County
Property Tax Guide

Everything you need to know about property taxes in Granite County, MT. Rates, due dates, exemptions, and how it affects your monthly payment.

10 Official Sources
8 min read
Quick Facts
Tax Rate
0.8%-1.2% of market value, varies by special taxing districts
Exemptions
4+ Available
Section 1

How Property Tax Works

Granite County, Montana operates under Montana's property tax system, which funds essential local services including schools, county government, emergency services, and infrastructure maintenance. Property taxes in Granite County are based on market value assessments conducted by the County Assessor, with taxes collected to support both county-wide services and local special districts.

Property tax rates in Granite County vary significantly by location within the county due to different combinations of special taxing districts such as school districts, fire districts, and other local service areas. The effective tax rate typically ranges from approximately 0.8% to 1.2% of market value for residential properties, though rates can be higher in areas with additional special assessments. For tax year 2025, Montana implemented significant changes to property tax calculations, including new graduated rates for certain property types, with multifamily rental properties valued over $2 million subject to a maximum rate of 1.89%.

Section 2

What Makes Up Your Tax Bill

ComponentRate RangeDescription
County General0.25% - 0.35%Basic county operations, road maintenance, administration
School Districts0.45% - 0.65%K-12 education funding, varies by district
Elementary/High School0.15% - 0.25%Additional school levies and bond payments
Fire Districts0.05% - 0.15%Rural fire protection services
Cemetery Districts0.02% - 0.05%Cemetery maintenance and operations
University System0.08% - 0.12%Montana University System support
State General0.05% - 0.08%State government operations

Rates shown are for Levy Year 2025-2026 and represent typical ranges. Actual rates vary by specific location within Granite County based on which special taxing districts serve each property. Total combined rates typically range from 0.8% to 1.2% of assessed value for most residential properties.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Granite County, property taxes are due in two installments:

Pro tip: If you pay through mortgage escrow, your lender splits these payments across your monthly mortgage. If you pay directly, set calendar reminders to avoid late penalties.
Section 4

Supplemental Tax Bills

Supplemental taxes in Granite County are triggered by changes in property ownership, new construction, or completion of major improvements that increase a property's assessed value during the tax year. When these events occur, the County Assessor issues a supplemental assessment to capture the additional tax liability for the remainder of the current fiscal year.

The supplemental tax is calculated by determining the difference between the new assessed value and the previous assessed value, then applying the current tax rate to this difference. The resulting tax is prorated based on the number of months remaining in the fiscal year after the change occurred. For example, if a $100,000 home improvement is completed in January and increases the assessed value by $100,000, with a total tax rate of 1.0%, the supplemental tax would be approximately $500 ($100,000 × 1.0% × 6/12 months remaining in the fiscal year, assuming a July 1 - June 30 tax year).

Example Calculation

Example 1: $300,000 Home

  • Market/Assessed Value: $300,000
  • Less: Homestead Credit (if applied): -$20,000
  • Net Taxable Value: $280,000
  • Tax Rate: 1.0%
  • Annual Tax: $2,800
  • Monthly Escrow: $233

Example 2: $600,000 Home

  • Market/Assessed Value: $600,000
  • Less: Homestead Credit (if applied): -$20,000
  • Net Taxable Value: $580,000
  • Tax Rate: 1.1%
  • Annual Tax: $6,380
  • Monthly Escrow: $532

Example 3: $1,000,000 Home

  • Market/Assessed Value: $1,000,000
  • Less: Homestead Credit (if applied): -$20,000
  • Net Taxable Value: $980,000
  • Tax Rate: 1.2%
  • Annual Tax: $11,760
  • Monthly Escrow: $980

Note: Homestead and other tax credits require annual application and are not automatically applied. Actual tax rates vary by location within the county based on special district combinations.

See How Taxes Affect Your Payment

Property taxes are just part of your total monthly cost. Get the full picture.

Calculate Now
Section 5

Escrow & Property Taxes

Most mortgage lenders in Granite County require property tax escrow accounts for borrowers with less than 20% equity. Lenders collect monthly escrow payments equal to 1/12 of the annual property tax bill, plus any required cushion amount. The escrow account pays your property taxes when they become due, ensuring timely payment and protecting the lender's security interest.

Property tax bills in Granite County are typically mailed in late spring, with the second half payment due by June 2nd. Lenders receive tax bills directly and make payments from your escrow account. If your property taxes increase due to reassessment or rate changes, your lender will adjust your monthly escrow payment accordingly, usually after conducting an annual escrow analysis. You should receive notice of any payment changes at least 60 days in advance, and you have the right to request information about your escrow account balance and payments at any time.

How HonestCasa Helps
  • Understand whether your escrow is set correctly
  • See how rising taxes will change your monthly payment
  • Plan ahead instead of being surprised by "shortage" letters
Section 6

Frequently Asked Questions

Q: When are property taxes due in Granite County for the current fiscal year? A: For fiscal year 2025-2026, the second half payment is due by June 2, 2025. However, since this date has passed, late fees and interest may apply to unpaid balances.

Q: What tax credits are available to homeowners and how do I apply? A: The primary tax credit available is the Homestead Tax Credit, which can reduce your taxable value by up to $20,000. This credit requires annual application with the County Assessor's office. Application deadlines are typically in early spring, and the credit is NOT automatic - you must apply each year to receive it.

Q: How does the Homestead Credit work? A: The Homestead Credit limits assessment increases on your primary residence and provides up to $20,000 reduction in taxable value. It does not reduce your property's market value but caps how much your assessed value can increase year-over-year. You must file an application annually to maintain eligibility.

Q: How often are properties reassessed in Granite County? A: Montana law requires properties to be appraised at least once every six years, though market conditions may trigger more frequent reassessments. Assessment notices are typically mailed in June, and property owners have 30 days to appeal their assessment.

Q: What are the penalties for late property tax payments? A: Late payments are subject to interest and penalties. Interest typically accrues at a rate set by state law (currently around 5-10% annually), and additional penalties may apply for severely delinquent accounts that could eventually result in tax lien proceedings.

Q: Can I pay my property taxes online? A: Yes, Granite County offers online payment options through the County Treasurer's website. Beginning in 2026, electronic payment will be required for tax payments over $50,000.

Q: Why do property tax rates vary within Granite County? A: Tax rates differ based on the combination of special taxing districts that serve each property, including school districts, fire districts, cemetery districts, and other local service areas. Properties in different areas receive different services and therefore have different tax rates.

Q: How do I appeal my property assessment? A: Assessment appeals must be filed within 30 days of receiving your assessment notice (typically mailed in June). Contact the Granite County Assessor's office for appeal forms and procedures. The appeal period generally runs from July 1 through December 31.

See the Full Picture of Your Home Costs

Property taxes are just one piece of homeownership. HonestCasa helps you understand your total monthly cost and explore safe ways to access your home equity.

Total Monthly Cost

Mortgage + taxes + insurance + HOA

Equity Growth

Track how your equity grows over time

Safe Equity Access

Options for projects or debt payoff

Free • No credit check • 2-minute estimate