Property Taxes in Wyoming
Median Wyoming property tax rate: 0.65%, significantly lower than the national median of 1.02%. Median Wyoming home value: $247,958. Median annual Wyoming tax bill: $1,635, $765 lower than the national median property tax bill of $2,400. How are property taxes in Wyoming calculated? Property taxes in Wyoming are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption. Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you are in Wyoming, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Wyoming Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.65%
Estimate Property Tax Bill
$1,612
$1,496
Ownwell’s Wyoming Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Wyoming with just two data points. By entering your property's estimated assessed value, our calculator applies Wyoming's median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing homeownership costs in Wyoming. Discover how property tax bills vary across the state, from Teton County, where the median tax bill is notably high, to Niobrara County, which boasts one of the lowest. For those interested in more localized information, please scroll down to explore county and city-level trends!
Property Tax Rates Across Wyoming
Local government entities in Wyoming set tax rates, which can vary widely within the state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws influence these rates and budgets, this is the annual process in a nutshell. Below, you can compare a Wyoming county’s effective property tax rate to other counties in Wyoming or the U.S. median property tax rate. For instance, Washakie County has the highest effective property tax rate in Wyoming, at 0.72%, while Teton County has the lowest, at 0.53%.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Wyoming Tax Rate
0.65%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Wyoming
| County | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Albany | 0.65% | 0.65% | 0.69% | 0.69% | 0.69% |
| Big Horn | 0.53% | 0.57% | 0.60% | 0.64% | 0.67% |
| Campbell | 0.59% | 0.67% | 0.67% | 0.67% | 0.76% |
| Carbon | 0.46% | 0.51% | 0.58% | 0.61% | 0.64% |
| Converse | 0.47% | 0.50% | 0.55% | 0.59% | 0.64% |
| Crook | 0.47% | 0.51% | 0.54% | 0.58% | 0.66% |
| Fremont | 0.68% | 0.70% | 0.72% | 0.76% | 0.76% |
| Goshen | 0.63% | 0.67% | 0.70% | 0.72% | 0.73% |
| Hot Springs | 0.60% | 0.64% | 0.69% | 0.69% | 0.73% |
| Johnson | 0.65% | 0.65% | 0.66% | 0.72% | 0.72% |
| Laramie | 0.53% | 0.57% | 0.60% | 0.63% | 0.65% |
| Lincoln | 0.58% | 0.59% | 0.60% | 0.64% | 0.68% |
| Natrona | 0.64% | 0.69% | 0.69% | 0.69% | 0.69% |
| Niobrara | 0.55% | 0.66% | 0.70% | 0.70% | 0.70% |
| Park | 0.64% | 0.66% | 0.67% | 0.71% | 0.71% |
| Platte | 0.64% | 0.65% | 0.69% | 0.69% | 0.72% |
| Sheridan | 0.57% | 0.63% | 0.64% | 0.68% | 0.68% |
| Sublette | 0.58% | 0.58% | 0.59% | 0.65% | 0.65% |
| Sweetwater | 0.58% | 0.64% | 0.69% | 0.70% | 0.70% |
| Teton | 0.53% | 0.53% | 0.53% | 0.56% | 0.62% |
| Uinta | 0.60% | 0.61% | 0.65% | 0.65% | 0.66% |
| Washakie | 0.64% | 0.68% | 0.72% | 0.72% | 0.72% |
| Weston | 0.58% | 0.62% | 0.69% | 0.74% | 0.74% |
Source: Ownwell
Property Tax Assessment Values Across Wyoming
Understanding the distinction between "market value" and "assessed value" is crucial when examining property taxes in Wyoming. The market value is what a willing buyer would pay to a willing seller in an open and competitive market. Location, property condition, and economic market trends often influence it. Each Wyoming county assessor estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill. Assessment notices: In Wyoming, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the end of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Wyoming. For example, Teton County has the highest median home price at $2,024,966.
Median Wyoming Market Value
$247,958
Median United States Market Value
$235,294
Property Tax Assessment Values Across Wyoming
| County | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Albany | $39,469 | $190,111 | $294,660 | $407,152 | $558,384 |
| Big Horn | $35,300 | $84,504 | $158,659 | $257,697 | $386,701 |
| Campbell | $8,646 | $80,106 | $220,988 | $298,494 | $405,413 |
| Carbon | $13,725 | $46,506 | $141,657 | $247,252 | $356,373 |
| Converse | $16,235 | $89,296 | $211,678 | $300,509 | $435,867 |
| Crook | $15,509 | $47,513 | $198,902 | $336,834 | $533,444 |
| Fremont | $11,606 | $46,113 | $184,535 | $315,208 | $468,321 |
| Goshen | $12,729 | $64,260 | $154,898 | $268,440 | $438,849 |
| Hot Springs | $25,702 | $74,813 | $159,319 | $262,008 | $433,772 |
| Johnson | $44,394 | $153,126 | $283,784 | $434,597 | $639,254 |
| Laramie | $42,838 | $213,530 | $308,008 | $423,796 | $582,550 |
| Lincoln | $35,752 | $124,020 | $316,204 | $587,557 | $894,499 |
| Natrona | $18,832 | $130,891 | $218,065 | $318,108 | $449,488 |
| Niobrara | $10,800 | $31,126 | $88,394 | $187,494 | $351,238 |
| Park | $57,881 | $222,993 | $362,988 | $528,325 | $752,911 |
| Platte | $13,236 | $47,141 | $177,671 | $297,976 | $463,939 |
| Sheridan | $55,184 | $228,364 | $337,055 | $506,677 | $745,522 |
| Sublette | $49,418 | $149,905 | $283,103 | $481,537 | $727,309 |
| Sweetwater | $8,995 | $45,921 | $192,526 | $281,501 | $377,778 |
| Teton | $469,956 | $1,083,008 | $2,024,966 | $3,718,296 | $7,559,232 |
| Uinta | $12,736 | $41,379 | $195,156 | $308,057 | $431,471 |
| Washakie | $35,485 | $106,465 | $187,653 | $284,945 | $444,889 |
| Weston | $10,225 | $26,065 | $107,713 | $224,234 | $379,934 |
Source: Ownwell
Property Tax Bills Across Wyoming
In Wyoming, property tax bills are calculated based on the assessed value of a home, which is a percentage of the market value. The state's property tax rate is relatively low compared to the national median of 1.02%. Homeowners in Wyoming face a median property tax bill that varies significantly across the state. For instance, Teton County has the highest median tax bill at $11,160, while Niobrara County has the lowest at $603. The tax bill's impact on homeowners can be substantial, especially in areas with higher assessed values, affecting affordability and financial planning. Homeowners in Wyoming benefit from lower tax rates, but regional differences can lead to varied financial obligations.
Median Wyoming Tax Bill
$1,635
Median United States Tax Bill
$2,400
Property Tax Bills Across Wyoming
| County | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Albany | $912 | $1,564 | $2,125 | $2,905 | $3,926 |
| Big Horn | $193 | $505 | $957 | $1,523 | $2,279 |
| Campbell | $647 | $1,181 | $1,601 | $2,045 | $2,774 |
| Carbon | $78 | $278 | $819 | $1,420 | $2,020 |
| Converse | $81 | $461 | $1,193 | $1,696 | $2,300 |
| Crook | $82 | $272 | $1,086 | $1,785 | $2,638 |
| Fremont | $88 | $385 | $1,362 | $2,260 | $3,338 |
| Goshen | $88 | $448 | $1,078 | $1,844 | $2,956 |
| Hot Springs | $189 | $538 | $1,094 | $1,778 | $2,947 |
| Johnson | $320 | $1,062 | $1,949 | $2,956 | $4,267 |
| Laramie | $263 | $1,243 | $1,816 | $2,478 | $3,336 |
| Lincoln | $264 | $937 | $2,068 | $3,703 | $5,528 |
| Natrona | $128 | $884 | $1,493 | $2,191 | $3,083 |
| Niobrara | $68 | $205 | $603 | $1,296 | $2,321 |
| Park | $393 | $1,528 | $2,484 | $3,572 | $5,005 |
| Platte | $93 | $310 | $1,176 | $1,954 | $3,027 |
| Sheridan | $321 | $1,502 | $2,226 | $3,270 | $4,778 |
| Sublette | $316 | $934 | $1,756 | $2,895 | $4,359 |
| Sweetwater | $53 | $302 | $1,311 | $1,932 | $2,607 |
| Teton | $2,555 | $5,978 | $11,160 | $20,481 | $41,862 |
| Uinta | $91 | $371 | $1,317 | $1,993 | $2,759 |
| Washakie | $249 | $743 | $1,315 | $1,961 | $3,016 |
| Weston | $62 | $170 | $742 | $1,570 | $2,595 |
Source: Ownwell