Riverton, Fremont County, Wyoming Property Taxes
Median Riverton, WY effective property tax rate: 0.74%, significantly lower than the national median of 1.02%, but higher than the Wyoming state median of 0.65%.
Median Riverton, WY home value: $156,916
Median annual Riverton, WY tax bill: $1,173, $1,227 lower than the national median property tax bill of $2,400.
How are property taxes in Fremont calculated?
Property taxes in Riverton, WY 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 Riverton’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Riverton, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Riverton, Fremont County, Wyoming Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.74%
Estimate Property Tax Bill
$1,161
$1,078
Property Tax Rates Across Riverton, Fremont County, Wyoming
Local government entities are responsible for setting tax rates, which can vary significantly within a state. Each year, counties like Fremont in Wyoming estimate their required budgets to provide essential services. This budget is then divided by the total value of all taxable property within the county to determine the property tax rate. Although the process involves votes and legal considerations, this is the essence of how tax rates are established annually.
In Riverton, located in Fremont County, the effective property tax rate is 0.74%, which aligns with both the highest and lowest rates in the state, as found in the 82501 ZIP code. This rate is below the national median property tax rate of 1.02%. The median property tax bill in Riverton also tends to be lower than the national median of $2400, making it an attractive option for property owners looking for lower tax burdens.
Comparing Riverton’s property tax rate to other cities in Wyoming and the national average highlights its competitive advantage, offering residents a more affordable tax environment while still providing necessary public services.
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 Riverton Tax Rate
0.74%
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 Fremont County Tax Rate
0.72%
Median Effective Wyoming Tax Rate
0.65%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Riverton, Fremont County, Wyoming
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82501 | 0.69% | 0.71% | 0.74% | 0.76% | 0.76% |
Source: Ownwell
Property Tax Assessment Values Across Riverton, Fremont County, Wyoming
When examining property taxes in Riverton, Wyoming, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Fremont 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.
In Fremont County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Riverton.
For example, the median home price in Riverton is $156,916, with tax bills ranging significantly across the county. Zip code 82501 has the highest median home price at $156,916.
Property Tax Assessment Values Across Riverton, Fremont County, Wyoming
Source: Ownwell
$12,039
$146,183
$280,327
Median Riverton Market Value
$156,916
Median Fremont County Market Value
$184,535
Median Wyoming Market Value
$247,958
Median United States Market Value
$235,294
Property Tax Assessment Values Across Riverton, Fremont County, Wyoming
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82501 | $10,442 | $29,372 | $156,916 | $249,150 | $379,888 |
Source: Ownwell
Property Tax Bills Across Riverton, Fremont County, Wyoming
Median Riverton Tax Bill
$1,173
Median Fremont County Tax Bill
$1,362
Median Wyoming Tax Bill
$1,635
Median United States Tax Bill
$2,400
Property Tax Bills Across Riverton, Fremont County, Wyoming
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82501 | $77 | $274 | $1,173 | $1,837 | $2,745 |
Source: Ownwell