Dixon, Wyoming Property Taxes
The median property tax rate in Dixon, Wyoming is 0.67%, slightly higher than the state median of 0.65% but still below the national median of 0.99%. With the median home value in Dixon at $39,732, the typical annual property tax bill amounts to $259, which is significantly lower than the national median of $2,690. Property taxes in Dixon are calculated based on the assessed value, which often falls below the market value due to exemptions such as the primary residence and agricultural exemptions. Understanding Dixon'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 Dixon or another part of Carbon County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Dixon, Wyoming Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.67%
Estimate Property Tax Bill
$266
Ownwell’s Dixon Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Dixon with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Dixon 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 Dixon, Wyoming
Property taxes in Dixon, Wyoming, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Dixon is 0.67%, lower than both the Wyoming state median and the U.S. national median of 0.99%. Local government entities within Dixon set these rates annually, and they can vary significantly across different neighborhoods. Each year, Dixon 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 Dixon's effective property tax rate to other counties in Wyoming and the national median. For comparison, the 82323 zip code has both the highest and lowest median property tax rate of 0.67%. Understanding how these cities compare with Dixon 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 Dixon Tax Rate
0.67%
Average Carbon County Tax Rate
0.58%
Average Wyoming Tax Rate
0.65%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dixon, Wyoming
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82323 | 0.60% | 0.64% | 0.67% | 0.72% | 0.76% |
Source: Ownwell
Property Tax Assessment Values Across Dixon, Wyoming
In Dixon, 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 Dixon, 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 Dixon helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 82323 in Dixon has the highest and lowest median tax bill at $259.
Average Dixon Assessed Value
$39,732
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 Dixon, Wyoming
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82323 | $10,597 | $17,829 | $39,732 | $184,026 | $333,744 |
Source: Ownwell
Property Tax Bills Across Dixon, Wyoming
In Dixon, located in Carbon County, WY, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local tax assessor and reflects a percentage of the property's market value. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. For homeowners in Dixon, the median home price is $39,732, which plays a crucial role in calculating their tax obligations. Several factors influence the tax bill, including property size, location, and any applicable exemptions. For instance, the 25th percentile tax bill is $115, while the 75th percentile tax bill is $1,456, indicating a wide range of tax liabilities depending on specific property characteristics. The 90th percentile tax bill reaches $2,506, showing that some homeowners face significantly higher taxes. Compared to the national median property tax rate of 0.99%, Dixon's rates can vary widely, impacting homeowners differently based on their property's assessed value. Understanding these factors helps homeowners anticipate their financial responsibilities and plan accordingly.
Average Dixon Tax Bill
$259
Average Carbon County Tax Bill
$819
Average Wyoming Tax Bill
$1,635
Average United States Tax Bill
$2,690
Property Tax Bills Across Dixon, Wyoming
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82323 | $69 | $115 | $259 | $1,456 | $2,506 |
Source: Ownwell