Glendo, Wyoming Property Taxes
The median property tax rate in Glendo, Wyoming is 0.67%, slightly higher than the state median of 0.65% but lower than the national median of 0.99%. With a median home value of $137,871 in Glendo, the typical annual property tax bill is $891, which is significantly below the national median of $2,690. Property taxes in Glendo are calculated based on the tax assessed value, often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Glendo’s property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Glendo or another part of Platte County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Glendo, Wyoming Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.67%
Estimate Property Tax Bill
$924
Ownwell’s Glendo Property Tax Bill Calculator is a valuable tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Glendo. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Glendo to provide an accurate estimate of your property tax bill. This easy-to-use tool helps you understand your potential tax liabilities, making it easier to budget for your property expenses. For those interested in more detailed insights, you can explore neighborhood-level trends by scrolling down for localized information. Your property’s assessed value, determined by the county, is crucial for property tax calculations and includes any applicable exemptions.
Property Tax Rates Across Glendo, Wyoming
Property taxes in Glendo, Wyoming, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Glendo is 0.67%, which is lower than the U.S. national median of 0.99%. Local government entities within Glendo set these rates annually, and they can vary significantly across different neighborhoods. Each year, Glendo estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Glendo's effective property tax rate to other counties in Wyoming and the national median. For comparison, the zip code 82213 has both the highest and lowest median property tax rate of 0.67%. Understanding how these areas compare with Glendo provides valuable insights into the varying tax landscape across Platte County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Glendo Tax Rate
0.67%
Average Platte County Tax Rate
0.69%
Average Wyoming Tax Rate
0.65%
Average United States Tax Rate
0.99%
Property Tax Rates Across Glendo, Wyoming
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82213 | 0.64% | 0.64% | 0.67% | 0.69% | 0.69% |
Source: Ownwell
Property Tax Assessment Values Across Glendo, Wyoming
In Glendo, Wyoming, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Platte County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Glendo, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. The median home price in Glendo is $137,871, with the tax bill ranging from $152 at the 25th percentile to $3,808 at the 90th percentile. Being aware of these valuation processes in Glendo helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Glendo Assessed Value
$137,871
Average Platte County Assessed Value
$177,671
Average Wyoming Assessed Value
$247,958
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Glendo, Wyoming
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82213 | $12,378 | $22,409 | $137,871 | $306,001 | $592,840 |
Source: Ownwell
Property Tax Bills Across Glendo, Wyoming
In Glendo, Platte County, Wyoming, property tax bills are calculated based on the assessed value of a property, which is typically a fraction of its market value. The assessment ratio in Wyoming is 9.5%, meaning that a property with a market value of $137,871 would have an assessed value of approximately $13,098. Local tax rates are then applied to this assessed value to determine the tax bill. Several factors influence the final tax bill, including the property's location, size, and any applicable exemptions. In Glendo, the tax bills can vary significantly, with the 25th percentile tax bill being around $152 and the 90th percentile reaching up to $3,808. These variations highlight the impact of property values and local tax rates on homeowners. Compared to the national median property tax rate of 0.99%, the property tax rate in Glendo provides a relatively affordable option for homeowners. Understanding these factors helps homeowners anticipate their annual property tax expenses and plan their budgets accordingly.
Average Glendo Tax Bill
$891
Average Platte County Tax Bill
$1,176
Average Wyoming Tax Bill
$1,635
Average United States Tax Bill
$2,690
Property Tax Bills Across Glendo, Wyoming
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82213 | $84 | $152 | $891 | $1,972 | $3,808 |
Source: Ownwell