Boulder, Wyoming Property Taxes
The median property tax rate in Boulder, WY is 0.64%, slightly lower than both the national median of 0.99% and the Wyoming state median of 0.65%. With the median home value in Boulder at $261,508, the typical annual property tax bill amounts to $1,653, which is below the national median of $2,690. Property taxes in Boulder are calculated based on the tax assessed value, often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Boulder'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 Boulder or another part of Sublette County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Boulder, Wyoming Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.64%
Estimate Property Tax Bill
$1,674
Ownwell’s Boulder Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Boulder with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Boulder to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Boulder, Wyoming
Property taxes in Boulder, Wyoming, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Boulder is 0.64%, which is significantly lower than the U.S. national median of 0.99%. Local government entities within Boulder set these rates annually, and they can vary across different neighborhoods. Each year, Boulder 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 Boulder's effective property tax rate to other counties in Wyoming and the national median. For comparison, the zip code 82923 has both the highest and lowest median property tax rate of 0.64%. Understanding how these areas compare with Boulder provides valuable insights into the varying tax landscape across Sublette County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Boulder Tax Rate
0.64%
Average Sublette County Tax Rate
0.59%
Average Wyoming Tax Rate
0.65%
Average United States Tax Rate
0.99%
Property Tax Rates Across Boulder, Wyoming
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82923 | 0.58% | 0.58% | 0.64% | 0.64% | 0.64% |
Source: Ownwell
Property Tax Assessment Values Across Boulder, Wyoming
In Boulder, 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 Sublette 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 Boulder, 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. Being aware of these valuation processes in Boulder helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 82923 has the highest median tax bill of $1,653, which is significantly above the national median rate of 0.99%.
Average Boulder Assessed Value
$261,508
Average Sublette County Assessed Value
$283,103
Average Wyoming Assessed Value
$247,958
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Boulder, Wyoming
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82923 | $33,389 | $149,466 | $261,508 | $394,739 | $584,573 |
Source: Ownwell
Property Tax Bills Across Boulder, Wyoming
In Boulder, Wyoming, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. Homeowners in Sublette County see a range of property tax bills, from the 25th percentile at $934 to the 90th percentile at $3,503. The median home price in the area is $261,508, which plays a significant role in determining the tax bill. Several factors influence the assessed value, including property size, location, and condition. These factors are evaluated annually to ensure the tax bill reflects the current market conditions. The highest and lowest median tax bills in the county both stand at $1,653, indicating a relatively consistent tax burden across different areas. For homeowners, these taxes fund essential public services like schools, roads, and emergency services, impacting the overall quality of life. Compared to the national median property tax rate of 0.99%, the tax rates in Boulder fall within a competitive range, offering residents a balanced approach to property taxation.
Average Boulder Tax Bill
$1,653
Average Sublette County Tax Bill
$1,756
Average Wyoming Tax Bill
$1,635
Average United States Tax Bill
$2,690
Property Tax Bills Across Boulder, Wyoming
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82923 | $213 | $934 | $1,653 | $2,422 | $3,503 |
Source: Ownwell