Laramie County, Wyoming Property Taxes

Name: Property Tax Bills Across Laramie County, Wyoming
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Laramie County effective property tax rate: 0.60%, significantly lower than the national median of 1.02%.
Median Laramie County home value: $308,008
Median annual Laramie County tax bill: $1,816, $584 lower than the national median property tax bill of $2,400.

How are property taxes in Laramie County calculated?

Property taxes in Laramie County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Cheyenne or another part of Laramie County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Laramie County, Wyoming Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.6%

Estimate Property Tax Bill

$1,848

$1,715

Ownwell’s Laramie County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Laramie County with just two data points. By entering your property's estimated assessed value, our calculator applies Laramie County’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Laramie County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Laramie County, Wyoming

Local government entities set tax rates, which can vary widely within a state. This is because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is essentially the annual process. In Laramie County, the effective property tax rate is notably lower than the national median property tax rate of 1.02%. This makes Laramie County an attractive location for property owners looking to save on taxes. However, within the county, there are still variations. For instance, Cheyenne has the highest median tax rate, while Granite Canon boasts the lowest. Such differences can influence a homeowner's decision on where to purchase property within the county. Comparing Laramie County's property tax rate to the U.S. median provides a clearer picture of the potential savings available to property owners in this region.

Property Tax Rates Across Laramie County, Wyoming

Source: Ownwell

0.52%

0.57%

0.61%

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 Laramie County Tax Rate

0.60%

Median Effective Wyoming Tax Rate

0.65%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Laramie County, Wyoming

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Albin	0.51%	0.57%	0.60%	0.62%	0.69%
Burns	0.50%	0.55%	0.57%	0.60%	0.65%
Carpenter	0.46%	0.52%	0.57%	0.60%	0.64%
Cheyenne	0.53%	0.57%	0.61%	0.63%	0.65%
Granite Canon	0.46%	0.50%	0.52%	0.55%	0.62%
Hillsdale	0.50%	0.55%	0.57%	0.60%	0.65%
Pine Bluffs	0.52%	0.58%	0.60%	0.62%	0.65%
Buford	N/A	N/A	N/A	N/A	N/A
Meriden	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Laramie County, Wyoming

When examining property taxes in Laramie County, 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 Laramie County Assessor's Office 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.

Assessment notices:

In Laramie 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 Laramie County. For example, the median tax bill in Laramie County is $2,070, with tax bills ranging significantly across the county. Granite Canon has the highest median home price at $415,036.

Property Tax Assessment Values Across Laramie County, Wyoming

Source: Ownwell

$102,006

$258,521

$415,036

Median Laramie County Market Value

$308,008

Median Wyoming Market Value

$247,958

Median United States Market Value

$235,294

Property Tax Assessment Values Across Laramie County, Wyoming

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Albin	$7,889	$17,366	$102,006	$228,822	$374,566
Burns	$13,700	$63,475	$243,980	$332,013	$426,799
Carpenter	$14,925	$119,238	$278,052	$398,779	$523,001
Cheyenne	$50,688	$221,662	$312,029	$428,636	$588,005
Granite Canon	$73,749	$233,819	$415,036	$611,599	$686,908
Hillsdale	$29,197	$138,420	$285,112	$399,215	$467,533
Pine Bluffs	$33,144	$147,357	$222,799	$314,861	$429,397
Buford	N/A	N/A	N/A	N/A	N/A
Meriden	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Laramie County, Wyoming

In Laramie County, WY, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of the market value. Homeowners in this region experience a range of tax bills, influenced by factors such as the property's location and assessed value. The median home price in Laramie County is $308,008, which plays a crucial role in determining the tax bill. The median tax bill in the county is $2,070, slightly below the national median of $2,400. However, tax bills can vary significantly, with the 25th percentile at $1,243 and the 75th percentile reaching $2,478. In Granite Canon, the highest median tax bill is $2,070, while Albin records the lowest at $587. These variations highlight the impact of property location and value on the overall tax burden. Homeowners in Laramie County need to be aware of these factors, as they directly affect their annual financial commitments and can influence decisions about property ownership and investment.

Property Tax Bills Across Laramie County, Wyoming

Source: Ownwell

$587

$1,467

$2,346

Median Laramie County Tax Bill

$1,816

Median Wyoming Tax Bill

$1,635

Median United States Tax Bill

$2,400

Property Tax Bills Across Laramie County, Wyoming

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Albin	$52	$107	$587	$1,198	$2,120
Burns	$82	$320	$1,357	$1,876	$2,351
Carpenter	$99	$582	$1,460	$2,161	$2,867
Cheyenne	$306	$1,287	$1,844	$2,509	$3,362
Granite Canon	$370	$867	$2,070	$2,991	$3,466
Hillsdale	$186	$774	$1,564	$2,220	$2,714
Pine Bluffs	$206	$851	$1,312	$1,868	$2,561
Buford	N/A	N/A	N/A	N/A	N/A
Meriden	N/A	N/A	N/A	N/A	N/A

Source: Ownwell