Arlington, Wyoming Property Taxes
The median property tax rate in Arlington, Wyoming is 0.49%, significantly lower than both the national median of 0.99% and the Wyoming state median of 0.65%. With the median home value in Arlington, the typical annual property tax bill reaches $364, well below the national median of $2,690. Property taxes in Arlington are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Arlington'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 Arlington 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
Arlington, Wyoming Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.49%
Estimate Property Tax Bill
$410
Ownwell’s Arlington Property Tax Bill Calculator is a powerful tool for homeowners, real estate investors, and prospective buyers to estimate their annual property taxes in Arlington with just two data points. By inputting your property's estimated assessed value, the calculator uses the median tax rate in Arlington to provide an accurate estimate of your property tax bill. This valuable tool offers a clear understanding of potential tax liabilities. For those interested in more detailed insights, you can explore trends at a neighborhood level by scrolling down. Your property’s assessed value, determined by the county, is used for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Arlington, Wyoming
Property taxes in Arlington, Wyoming, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Arlington is 0.49%, which is lower than the U.S. national median of 0.99%. Local government entities within Arlington set these rates annually, and they can vary significantly across different neighborhoods. Each year, Arlington 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 Arlington's effective property tax rate to other counties in Wyoming and the national median. For comparison, the 82083 zip code has both the highest and lowest median property tax rate of 0.49%. Understanding how these cities compare with Arlington provides valuable insights into the varying tax landscape across Carbon County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Arlington Tax Rate
0.49%
Average Carbon County Tax Rate
0.58%
Average Wyoming Tax Rate
0.65%
Average United States Tax Rate
0.99%
Property Tax Rates Across Arlington, Wyoming
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
82083 | 0.44% | 0.47% | 0.49% | 0.51% | 0.54% |
Source: Ownwell
Property Tax Assessment Values Across Arlington, Wyoming
In Arlington, 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 Carbon 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 Arlington, 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 Arlington helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest and lowest median tax bills in Arlington are both $364.00 in the 82083 zip code.
Average Arlington Assessed Value
$83,613
Average Carbon County Assessed Value
$141,657
Average Wyoming Assessed Value
$247,958
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Arlington, Wyoming
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
82083 | $31,212 | $44,644 | $83,613 | $114,146 | $134,736 |
Source: Ownwell
Property Tax Bills Across Arlington, Wyoming
In Arlington, Carbon County, WY, property tax bills are calculated based on the assessed value of a home. This assessed value is a percentage of the property's market value, which is determined by the county assessor. Once the assessed value is established, the local tax rate, or mill levy, is applied to calculate the tax bill. The median home price in Arlington is $83,613, and property tax bills vary widely. For instance, the 25th percentile tax bill is $230, while the 75th percentile reaches $575, and the 90th percentile climbs to $666. These tax bills can significantly impact homeowners, influencing their monthly expenses and overall financial planning. Compared to the national median property tax rate of 0.99%, Arlington's property taxes are relatively low, making it an attractive location for homeowners seeking affordability. The highest and lowest median tax bills in the region are both $364, found in zip code 82083, highlighting the consistency in tax assessments within this area.
Average Arlington Tax Bill
$364
Average Carbon County Tax Bill
$819
Average Wyoming Tax Bill
$1,635
Average United States Tax Bill
$2,690
Property Tax Bills Across Arlington, Wyoming
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
82083 | $152 | $230 | $364 | $575 | $666 |
Source: Ownwell