Pine Bluffs, Wyoming Property Taxes
The median property tax rate in Pine Bluffs, WY is 0.60%, which is lower than both the national median of 0.99% and the Wyoming state median of 0.65%. With a median home value of $222,799 in Pine Bluffs, the typical annual property tax bill amounts to $1,312, falling below the national median of $2,690. Property taxes in Pine Bluffs are calculated based on the tax assessed value, which is often less than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Pine Bluffs' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Pine Bluffs or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Pine Bluffs, Wyoming Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.6%
Estimate Property Tax Bill
$1,337
Ownwell’s Pine Bluffs Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pine Bluffs with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pine Bluffs 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 Pine Bluffs, Wyoming
Property taxes in Pine Bluffs, Wyoming, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Pine Bluffs is 0.60%, which is lower than the U.S. national median of 0.99%. Local government entities within Pine Bluffs set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pine Bluffs 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 Pine Bluffs' effective property tax rate to other areas in Wyoming and the national median. For comparison, the 82082 zip code has the highest median property tax rate of 0.60%, while the 82082 zip code also has the lowest median tax rate of 0.60%. Understanding how these areas compare with Pine Bluffs provides valuable insights into the varying tax landscape across Laramie County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pine Bluffs Tax Rate
0.60%
Average Laramie County Tax Rate
0.60%
Average Wyoming Tax Rate
0.65%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pine Bluffs, Wyoming
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82082 | 0.52% | 0.58% | 0.60% | 0.62% | 0.65% |
Source: Ownwell
Property Tax Assessment Values Across Pine Bluffs, Wyoming
In Pine Bluffs, 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 Laramie County Assessor's Office 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 Pine Bluffs, 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 Pine Bluffs helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 82082 has the highest median tax bill at $1,312, which is consistent across the area.
Average Pine Bluffs Assessed Value
$222,799
Average Laramie County Assessed Value
$308,008
Average Wyoming Assessed Value
$247,958
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pine Bluffs, Wyoming
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82082 | $33,144 | $147,357 | $222,799 | $314,861 | $429,397 |
Source: Ownwell
Property Tax Bills Across Pine Bluffs, Wyoming
Property tax bills in Pine Bluffs, Laramie County, WY, are calculated based on the assessed value of a property, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. For example, with a median home price of $222,799, homeowners in Pine Bluffs can expect their property tax bills to vary significantly. Homeowners in the 25th percentile typically pay around $851 annually, while those in the 75th percentile face bills closer to $1,868. At the higher end, the 90th percentile sees property taxes reaching up to $2,561. These tax bills can significantly impact homeowners, influencing decisions on property purchases and financial planning. Compared to the national median property tax rate of 0.99%, the rates in Pine Bluffs reflect the local economic conditions and public service funding needs. Understanding these factors is crucial for homeowners to manage their expenses and plan for future property investments effectively.
Average Pine Bluffs Tax Bill
$1,312
Average Laramie County Tax Bill
$1,816
Average Wyoming Tax Bill
$1,635
Average United States Tax Bill
$2,690
Property Tax Bills Across Pine Bluffs, Wyoming
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82082 | $206 | $851 | $1,312 | $1,868 | $2,561 |
Source: Ownwell