Converse County, Wyoming Property Taxes
The median property tax rate in Converse County is 0.55%, which is notably lower than both the national median of 0.99% and the Wyoming state median of 0.65%. With the median home value in Converse County at $211,678, the typical annual property tax bill amounts to $1,193, well below the national median of $2,690. Property taxes in Converse County are calculated based on the tax assessed value, generally lower than the actual market value due to various property tax exemptions, such as the primary residence and agricultural exemptions. Understanding Converse County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Douglas or another part of Converse County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Converse County, Wyoming Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.55%
Estimate Property Tax Bill
$1,164
$1,080
Ownwell’s Converse County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Converse County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Converse County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations, and it takes into account any exemptions you may have on your property.
Property Tax Rates Across Converse County, Wyoming
Property taxes in Converse County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Converse County is 0.55%, which is lower than the U.S. national median of 0.99%. Local government entities within Converse County set these rates annually, and they can vary significantly between different areas within the county. Each year, Converse County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Converse County's effective property tax rate with other areas in Wyoming and the national median. For comparison, the city of Rolling Hills has one of the higher property tax rates in Wyoming at 0.64%, while the city of Orin boasts one of the lowest at 0.47%. Analyzing how Converse County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Converse County Tax Rate
0.55%
Average Wyoming Tax Rate
0.65%
Average United States Tax Rate
0.99%
Property Tax Rates Across Converse County, Wyoming
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Douglas | 0.46% | 0.49% | 0.53% | 0.56% | 0.60% |
| Evansville | 0.49% | 0.53% | 0.56% | 0.56% | 0.57% |
| Gillette | N/A | N/A | N/A | N/A | N/A |
| Glenrock | 0.51% | 0.55% | 0.62% | 0.65% | 0.66% |
| Lost Springs | 0.46% | 0.47% | 0.48% | 0.49% | 0.51% |
| Orin | 0.45% | 0.46% | 0.47% | 0.50% | 0.51% |
| Rolling Hills | 0.63% | 0.64% | 0.64% | 0.64% | 0.66% |
| Shawnee | 0.45% | 0.47% | 0.48% | 0.49% | 0.51% |
Source: Ownwell
Property Tax Assessment Values Across Converse County, Wyoming
In Converse County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Converse County Appraisal District. The assessed value, however, 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. Assessment notices in Converse County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For instance, Gillette has the highest median tax bill at $7,741, while Lost Springs has the lowest at $374. Being aware of these valuation processes in Converse County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Converse County, Wyoming
Source: Ownwell
$11,051
$175,279
$339,507
Average Converse County Assessed Value
$211,678
Average Wyoming Assessed Value
$247,958
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Converse County, Wyoming
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Douglas | $14,331 | $85,388 | $212,639 | $308,833 | $457,370 |
| Evansville | $66,442 | $199,814 | $339,507 | $394,529 | $525,641 |
| Gillette | N/A | N/A | N/A | N/A | N/A |
| Glenrock | $25,186 | $86,747 | $200,542 | $274,217 | $383,181 |
| Lost Springs | $5,639 | $9,103 | $77,584 | $468,717 | $633,976 |
| Orin | $3,445 | $6,592 | $11,051 | $55,618 | $101,465 |
| Rolling Hills | $250,190 | $260,419 | $275,576 | $302,552 | $334,530 |
| Shawnee | $5,556 | $46,712 | $291,826 | $451,182 | $824,210 |
Source: Ownwell
Property Tax Bills Across Converse County, Wyoming
In Converse County, WY, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is a percentage of the home's market value. Factors such as location, property size, and improvements can influence this valuation. Homeowners in Converse County experience a range of property tax bills, with the 25th percentile at $461 and the 75th percentile at $1,696. For those in the 90th percentile, the bill can reach up to $2,300. Comparatively, the national median property tax rate is 0.99%, which can provide context for how Converse County's rates measure up. In this county, the highest median tax bill is found in Gillette at $7,741, while Lost Springs has the lowest at $374. These variations highlight how property tax can significantly impact homeowners, depending on their property's assessed value and location within the county. Understanding these factors is crucial for homeowners to manage their tax liabilities effectively.
Average Converse County Tax Bill
$1,193
Average Wyoming Tax Bill
$1,635
Average United States Tax Bill
$2,690
Property Tax Bills Across Converse County, Wyoming
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Douglas | $70 | $431 | $1,150 | $1,659 | $2,326 |
| Evansville | $366 | $1,169 | $1,815 | $2,174 | $2,648 |
| Gillette | N/A | N/A | N/A | N/A | N/A |
| Glenrock | $142 | $493 | $1,238 | $1,666 | $2,196 |
| Lost Springs | $26 | $43 | $374 | $2,201 | $3,121 |
| Orin | $16 | $30 | $52 | $281 | $509 |
| Rolling Hills | $1,587 | $1,653 | $1,756 | $1,921 | $2,144 |
| Shawnee | $27 | $239 | $1,398 | $2,168 | $4,012 |
Source: Ownwell