State Tax Collections: T01 Property Taxes for Montana

QTAXT01QTAXCAT3MTNO • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

119.00

Year-over-Year Change

77.61%

Date Range

1/1/1994 - 1/1/2025

Summary

The 'State Tax Collections: T01 Property Taxes for Montana' series tracks quarterly property tax revenue collected by the state government of Montana.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

This economic indicator provides insight into the state's fiscal health and the property tax burden faced by residents and businesses. Policymakers use this data to analyze tax policy, revenue trends, and the broader economic climate.

Methodology

The data is collected and reported quarterly by the U.S. Census Bureau.

Historical Context

Property tax revenue is a crucial component of state and local government budgets, funding public services and infrastructure.

Key Facts

  • Montana collected $332 million in property taxes in Q4 2022.
  • Property taxes account for over 40% of Montana's total state tax revenue.
  • Montana's property tax collections have grown by 18% over the past 5 years.

FAQs

Q: What does this economic trend measure?

A: This series tracks quarterly property tax revenue collected by the state government of Montana.

Q: Why is this trend relevant for users or analysts?

A: This data provides insight into Montana's fiscal health and the property tax burden faced by residents and businesses, which is crucial for policymakers and economic analysts.

Q: How is this data collected or calculated?

A: The data is collected and reported quarterly by the U.S. Census Bureau.

Q: How is this trend used in economic policy?

A: Policymakers use this data to analyze tax policy, revenue trends, and the broader economic climate in Montana.

Q: Are there update delays or limitations?

A: The data is reported quarterly, with a typical delay of 2-3 months from the end of the reference period.

Related Trends

Citation

U.S. Federal Reserve, State Tax Collections: T01 Property Taxes for Montana (QTAXT01QTAXCAT3MTNO), retrieved from FRED.