Natrona County, Wyoming Property Taxes
The median property tax rate in Natrona County is 0.69%, which is slightly higher than the Wyoming state median of 0.65% but lower than the national median of 0.99%. With a median home value of $218,065, the typical annual property tax bill in Natrona County is around $1,493, which is notably less than the national median of $2,690. Property taxes in Natrona County are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions, such as those for primary residences and agricultural properties. Understanding Natrona 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 Casper or another part of Natrona County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Natrona County, Wyoming Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.69%
Estimate Property Tax Bill
$1,505
$1,396
Ownwell’s Natrona County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Natrona County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Natrona 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. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Natrona County, Wyoming
Property taxes in Natrona County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Natrona County is 0.69%, which is lower than both the Wyoming state median and the U.S. national median of 0.99%. Local government entities within Natrona County set these rates annually, and they can vary significantly between different areas within the county. Each year, Natrona 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. For comparison, the city of Bar Nunn has one of the higher property tax rates in Wyoming at 0.77%, while the city of Kaycee boasts one of the lowest at 0.64%. Analyzing how Natrona County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Natrona County Tax Rate
0.69%
Average Wyoming Tax Rate
0.65%
Average United States Tax Rate
0.99%
Property Tax Rates Across Natrona County, Wyoming
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alcova | 0.64% | 0.64% | 0.64% | 0.64% | 0.65% |
| Arminto | 0.64% | 0.64% | 0.64% | 0.65% | 0.65% |
| Bar Nunn | 0.67% | 0.77% | 0.77% | 0.77% | 0.77% |
| Casper | 0.64% | 0.69% | 0.69% | 0.69% | 0.69% |
| Edgerton | 0.69% | 0.69% | 0.69% | 0.69% | 0.69% |
| Evansville | 0.64% | 0.64% | 0.69% | 0.69% | 0.69% |
| Hiland | 0.64% | 0.64% | 0.64% | 0.65% | 0.65% |
| Kaycee | N/A | N/A | N/A | N/A | N/A |
| Lysite | N/A | N/A | N/A | N/A | N/A |
| Midwest | 0.69% | 0.69% | 0.69% | 0.69% | 0.69% |
| Mills | 0.69% | 0.69% | 0.69% | 0.69% | 0.69% |
| Natrona | 0.64% | 0.64% | 0.64% | 0.64% | 0.65% |
| Powder River | 0.64% | 0.64% | 0.64% | 0.64% | 0.65% |
Source: Ownwell
Property Tax Assessment Values Across Natrona County, Wyoming
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Natrona County, Wyoming. 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 Natrona 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 Natrona 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. For example, the median home price in the county is $218,065, with tax bills ranging from $884 at the 25th percentile to $3,083 at the 90th percentile. Interestingly, Bar Nunn has the highest median tax bill at $2,010, while Powder River has the lowest at $126. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Natrona County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Natrona County Assessed Value
$218,065
Average Wyoming Assessed Value
$247,958
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Natrona County, Wyoming
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alcova | $5,311 | $35,202 | $88,595 | $246,538 | $460,250 |
| Arminto | $12,703 | $19,572 | $45,380 | $118,282 | $227,760 |
| Bar Nunn | $8,743 | $203,246 | $267,300 | $335,760 | $376,996 |
| Casper | $53,704 | $154,504 | $227,331 | $329,552 | $469,419 |
| Edgerton | $4,600 | $7,159 | $11,484 | $21,660 | $46,349 |
| Evansville | $5,984 | $28,839 | $162,181 | $269,021 | $365,844 |
| Hiland | $4,579 | $7,703 | $44,205 | $82,484 | $240,433 |
| Kaycee | N/A | N/A | N/A | N/A | N/A |
| Lysite | N/A | N/A | N/A | N/A | N/A |
| Midwest | $7,916 | $9,240 | $11,650 | $22,383 | $43,302 |
| Mills | $4,996 | $9,593 | $74,332 | $212,893 | $337,596 |
| Natrona | $6,475 | $41,803 | $67,726 | $166,996 | $358,498 |
| Powder River | $4,872 | $8,761 | $19,593 | $79,701 | $152,890 |
Source: Ownwell
Property Tax Bills Across Natrona County, Wyoming
In Natrona County, WY, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The tax rate is applied to this assessed value to determine the annual tax bill. For instance, with a median home price of $218,065, homeowners can expect varying tax bills, depending on the specific assessed value and applicable exemptions. The 25th percentile tax bill in Natrona County is $884, indicating that a quarter of homeowners pay less than this amount. On the higher end, the 75th percentile tax bill is $2,191, and the 90th percentile reaches $3,083, reflecting the upper range of property tax burdens. The city of Bar Nunn has the highest median tax bill at $2,010, while Powder River has the lowest at $126. These property tax bills impact homeowners by influencing their overall housing costs and potentially affecting their ability to afford other expenses. Understanding these factors helps homeowners anticipate their financial obligations and plan accordingly.
Average Natrona County Tax Bill
$1,493
Average Wyoming Tax Bill
$1,635
Average United States Tax Bill
$2,690
Property Tax Bills Across Natrona County, Wyoming
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alcova | $34 | $225 | $571 | $1,590 | $2,968 |
| Arminto | $82 | $126 | $293 | $763 | $1,469 |
| Bar Nunn | $65 | $1,476 | $2,010 | $2,541 | $2,891 |
| Casper | $367 | $1,050 | $1,555 | $2,256 | $3,209 |
| Edgerton | $32 | $49 | $80 | $150 | $321 |
| Evansville | $40 | $197 | $1,096 | $1,822 | $2,465 |
| Hiland | $30 | $50 | $285 | $532 | $1,551 |
| Kaycee | N/A | N/A | N/A | N/A | N/A |
| Lysite | N/A | N/A | N/A | N/A | N/A |
| Midwest | $55 | $64 | $81 | $155 | $300 |
| Mills | $34 | $65 | $509 | $1,465 | $2,328 |
| Natrona | $42 | $270 | $437 | $1,077 | $2,312 |
| Powder River | $31 | $56 | $126 | $514 | $986 |
Source: Ownwell