Bar Nunn, Wyoming Property Taxes
The median property tax rate in Bar Nunn, WY is 0.77%, 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 $267,300 in Bar Nunn, the typical annual property tax bill amounts to $2,010, falling short of the national median of $2,690. Property taxes in Bar Nunn are calculated based on the tax assessed value, which usually is lower than the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Bar Nunn'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 Bar Nunn 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
Bar Nunn, Wyoming Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.77%
Estimate Property Tax Bill
$2,058
Ownwell’s Bar Nunn Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bar Nunn with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bar Nunn 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 Bar Nunn, Wyoming
Property taxes in Bar Nunn, Wyoming, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bar Nunn is 0.77%, which is lower than the U.S. national median of 0.99%. Local government entities within Bar Nunn set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bar Nunn 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 Bar Nunn's effective property tax rate to other areas within Natrona County and the national median. For comparison, the 82601 zip code has the highest median property tax rate of 0.77%, while the same zip code also has the lowest median tax rate of 0.77%. Understanding how these areas compare with Bar Nunn provides valuable insights into the varying tax landscape across Natrona County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bar Nunn Tax Rate
0.77%
Average Natrona County Tax Rate
0.69%
Average Wyoming Tax Rate
0.65%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bar Nunn, Wyoming
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82601 | 0.67% | 0.77% | 0.77% | 0.77% | 0.77% |
Source: Ownwell
Property Tax Assessment Values Across Bar Nunn, Wyoming
In Bar Nunn, 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 Natrona 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. 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 Bar Nunn helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 82601 has both the highest and lowest median tax bill, valued at $2,010.
Average Bar Nunn Assessed Value
$267,300
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 Bar Nunn, Wyoming
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82601 | $8,743 | $203,246 | $267,300 | $335,760 | $376,996 |
Source: Ownwell
Property Tax Bills Across Bar Nunn, Wyoming
In Bar Nunn, located in Natrona County, WY, property tax bills are determined based on the assessed value of a home, which is typically a percentage of its market value. The median home price in Bar Nunn is $267,300. Property taxes are calculated by applying the local tax rate to the assessed value of the property. Factors such as property characteristics, improvements, and local tax rates play a significant role in determining the final tax bill. Homeowners in Bar Nunn can expect property tax bills to vary significantly. For example, tax bills at the 25th percentile are around $1,476, while those at the 75th percentile can reach $2,541. The 90th percentile tax bill climbs even higher to $2,891. These variations are influenced by the assessed value of the home and any applicable exemptions or deductions. Compared to the national median property tax rate of 0.99%, Bar Nunn's property tax rates may offer some relief to homeowners, but the actual financial impact depends on individual property assessments and local tax policies.
Average Bar Nunn Tax Bill
$2,010
Average Natrona County Tax Bill
$1,493
Average Wyoming Tax Bill
$1,635
Average United States Tax Bill
$2,690
Property Tax Bills Across Bar Nunn, Wyoming
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82601 | $65 | $1,476 | $2,010 | $2,541 | $2,891 |
Source: Ownwell