Edgerton, Wyoming Property Taxes
The median property tax rate in Edgerton, WY is 0.69%, slightly higher than the Wyoming state median of 0.65% but lower than the national median of 0.99%. With the median home value in Edgerton at $11,484, the typical annual property tax bill is $80, significantly lower than the national median of $2,690. Property taxes in Edgerton are calculated based on the tax assessed value, which often falls below the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Edgerton's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Edgerton or another part of Natrona County, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Edgerton, Wyoming Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.69%
Estimate Property Tax Bill
$79
Ownwell’s Edgerton Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Edgerton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Edgerton to provide an estimate of your property tax bill. This insightful tool helps you understand potential tax liabilities, allowing for better financial planning. 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 Edgerton, Wyoming
Property taxes in Edgerton, Wyoming, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Edgerton is 0.65%, significantly lower than both the Wyoming state median of 0.61% and the U.S. national median of 0.99%. Local government entities within Edgerton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Edgerton 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 Edgerton's effective property tax rate to other counties in Wyoming and the national median. For comparison, the 82635 zip code has the highest median property tax rate of 0.65%, while the same 82635 zip code also has the lowest median tax rate of 0.65%. Understanding how these cities compare with Edgerton 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 Edgerton Tax Rate
0.69%
Average Natrona County Tax Rate
0.69%
Average Wyoming Tax Rate
0.65%
Average United States Tax Rate
0.99%
Property Tax Rates Across Edgerton, Wyoming
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82635 | 0.69% | 0.69% | 0.69% | 0.69% | 0.69% |
Source: Ownwell
Property Tax Assessment Values Across Edgerton, Wyoming
In Edgerton, 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. In Edgerton, 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. For instance, in Edgerton, the 25th percentile tax bill is $49, while the 75th percentile tax bill is $150. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Edgerton Assessed Value
$11,484
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 Edgerton, Wyoming
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82635 | $4,600 | $7,159 | $11,484 | $21,660 | $46,349 |
Source: Ownwell
Property Tax Bills Across Edgerton, Wyoming
In Edgerton, 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 median home price in Edgerton is $11,484. The county uses this assessed value to determine the tax bill, which is influenced by the local tax rate and any applicable exemptions. Homeowners in Edgerton can expect their property tax bills to vary significantly. For instance, those in the 25th percentile might pay around $49, while those in the 75th percentile could see bills closer to $150. At the 90th percentile, tax bills can reach up to $321. This range indicates the variability in tax burdens depending on the property's assessed value and the specific circumstances of the homeowner. Compared to the national median property tax rate of 0.99%, Edgerton's property tax rates can offer some relief to homeowners, making it a relatively affordable area in terms of property taxes.
Average Edgerton Tax Bill
$80
Average Natrona County Tax Bill
$1,493
Average Wyoming Tax Bill
$1,635
Average United States Tax Bill
$2,690
Property Tax Bills Across Edgerton, Wyoming
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82635 | $32 | $49 | $80 | $150 | $321 |
Source: Ownwell