Dubois, Wyoming Property Taxes
The median property tax rate in Dubois, WY is 0.72%, which is lower than the national median of 0.99% but higher than the Wyoming state median of 0.65%. With a median home value of $280,327 in Dubois, the typical annual property tax bill amounts to $2,040, falling below the national median of $2,690. Property taxes in Dubois are calculated based on the tax assessed value, which is often less than the market value due to exemptions like primary residence and agricultural exemptions. Understanding Dubois'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 Dubois 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
Dubois, Wyoming Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.72%
Estimate Property Tax Bill
$2,018
Ownwell’s Dubois Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Dubois with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Dubois 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 Dubois, Wyoming
Property taxes in Dubois, Wyoming, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Dubois is 0.72%, which is lower than the U.S. national median of 0.99%. Local government entities within Dubois set these rates annually, and they can vary significantly across different neighborhoods. Each year, Dubois 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 Dubois's effective property tax rate to other counties in Wyoming and the national median. For comparison, the 82513 zip code has both the highest and lowest median property tax rate of 0.72%. Understanding how these cities compare with Dubois provides valuable insights into the varying tax landscape across Fremont County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Dubois Tax Rate
0.72%
Average Fremont County Tax Rate
0.72%
Average Wyoming Tax Rate
0.65%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dubois, Wyoming
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82513 | 0.70% | 0.72% | 0.72% | 0.76% | 0.76% |
Source: Ownwell
Property Tax Assessment Values Across Dubois, Wyoming
In Dubois, 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 Fremont 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 Dubois, 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 Dubois helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with both the highest and lowest median tax bill is 82513, with a median tax bill of $2040.
Average Dubois Assessed Value
$280,327
Average Fremont County Assessed Value
$184,535
Average Wyoming Assessed Value
$247,958
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dubois, Wyoming
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82513 | $33,125 | $131,354 | $280,327 | $435,634 | $632,645 |
Source: Ownwell
Property Tax Bills Across Dubois, Wyoming
In Dubois, property tax bills are calculated based on the assessed value of a home, which is determined by the local county assessor. This assessed value is a percentage of the market value of the property. Local tax rates are then applied to this assessed value to determine the final tax bill. Several factors influence the tax bill, including property size, location, and any applicable exemptions or deductions. For homeowners in Dubois, the median home price is $280,327. Property tax bills can vary significantly, with the 25th percentile tax bill at $985 and the 75th percentile reaching $3,141. At the 90th percentile, homeowners could see tax bills as high as $4,576. The highest and lowest median tax bills in the area are both $2,040, indicating a relatively consistent tax rate within the region. Compared to the national median property tax rate of 0.99%, Dubois residents experience a range of tax burdens, which can significantly impact their annual expenses and overall home affordability.
Average Dubois Tax Bill
$2,040
Average Fremont County Tax Bill
$1,362
Average Wyoming Tax Bill
$1,635
Average United States Tax Bill
$2,690
Property Tax Bills Across Dubois, Wyoming
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82513 | $301 | $985 | $2,040 | $3,141 | $4,576 |
Source: Ownwell