Niobrara County Property Taxes
The median property tax rate in Niobrara County is 0.70%, which is slightly higher than the Wyoming state median of 0.65% but still below the national median of 0.99%. With a median home value of $88,394, the typical annual property tax bill in Niobrara County is approximately $603, significantly lower than the national median of $2,690. Property taxes here are calculated based on the tax assessed value, usually below the actual market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Niobrara County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide substantial annual savings. Whether you reside in Lusk or another part of Niobrara County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Niobrara County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.7%
Estimate Property Tax Bill
$619
$574
Ownwell’s Niobrara County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Niobrara County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Niobrara 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 Niobrara County, Wyoming
Property taxes in Niobrara County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Niobrara County is 0.70%, which is lower than the U.S. national median of 0.99%. Local government entities within Niobrara County set these rates annually, and they can vary significantly between different areas within the county. Each year, Niobrara 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. The following data compares Niobrara County's effective property tax rate with other counties in Wyoming and the national median. For comparison, the city of Lusk has one of the higher property tax rates in Wyoming at 0.70%, while the city of Van Tassell boasts one of the lowest at 0.66%. Analyzing how Niobrara County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Niobrara County Tax Rate
0.70%
Average Wyoming Tax Rate
0.65%
Average United States Tax Rate
0.99%
Property Tax Rates Across Niobrara County, Wyoming
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Douglas | 0.51% | 0.57% | 0.66% | 0.66% | 0.66% |
| Keeline | 0.57% | 0.66% | 0.66% | 0.66% | 0.66% |
| Lance Creek | 0.54% | 0.66% | 0.66% | 0.66% | 0.66% |
| Lost Springs | 0.66% | 0.66% | 0.66% | 0.66% | 0.66% |
| Lusk | 0.57% | 0.66% | 0.70% | 0.70% | 0.70% |
| Manville | 0.54% | 0.66% | 0.70% | 0.70% | 0.70% |
| Newcastle | 0.66% | 0.66% | 0.66% | 0.66% | 0.66% |
| Van Tassell | 0.49% | 0.59% | 0.66% | 0.66% | 0.66% |
Source: Ownwell
Property Tax Assessment Values Across Niobrara County, Wyoming
In Niobrara County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. 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 Niobrara 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 Niobrara 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. Newcastle has the highest median tax bill in the county at $2,705, while Manville boasts the lowest at $199. 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 Niobrara County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Niobrara County, Wyoming
Source: Ownwell
$31,912
$222,290
$412,667
Average Niobrara County Assessed Value
$88,394
Average Wyoming Assessed Value
$247,958
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Niobrara County, Wyoming
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Douglas | $56,976 | $129,520 | $250,426 | $346,064 | $403,447 |
| Keeline | $24,885 | $59,182 | $198,926 | $384,523 | $672,906 |
| Lance Creek | $10,851 | $30,497 | $100,552 | $317,603 | $494,745 |
| Lost Springs | $290,027 | $290,027 | $290,027 | $290,027 | $290,027 |
| Lusk | $13,700 | $40,362 | $93,507 | $187,362 | $316,991 |
| Manville | $5,724 | $9,564 | $31,912 | $76,856 | $155,510 |
| Newcastle | $178,460 | $266,288 | $412,667 | $481,806 | $523,290 |
| Van Tassell | $5,167 | $19,578 | $51,340 | $164,292 | $606,705 |
Source: Ownwell
Property Tax Bills Across Niobrara County, Wyoming
In Niobrara County, WY, property tax bills are calculated based on the assessed value of a property, which is a percentage of its market value. The assessed value is then multiplied by the local tax rate to determine the tax bill. Factors influencing the tax bill include the property's market value, local tax rates, and any applicable exemptions or deductions. For homeowners in Niobrara County, the median home price stands at $88,394. Tax bills in this county vary significantly, with the 25th percentile tax bill at $205 and the 75th percentile reaching $1,296. The highest median tax bill in the county is found in Newcastle at $2,705, while Manville has the lowest median tax bill at $199. These variations can have a substantial impact on homeowners, influencing their financial planning and the affordability of owning property. Compared to the national median property tax rate of 0.99%, Niobrara County's tax bills reflect the region's specific economic and property market conditions.
Average Niobrara County Tax Bill
$603
Average Wyoming Tax Bill
$1,635
Average United States Tax Bill
$2,690
Property Tax Bills Across Niobrara County, Wyoming
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Douglas | $361 | $841 | $1,642 | $2,269 | $2,645 |
| Keeline | $141 | $388 | $1,304 | $2,521 | $4,411 |
| Lance Creek | $64 | $158 | $714 | $2,084 | $3,264 |
| Lost Springs | $1,901 | $1,901 | $1,901 | $1,901 | $1,901 |
| Lusk | $89 | $265 | $642 | $1,286 | $2,147 |
| Manville | $37 | $65 | $199 | $540 | $1,034 |
| Newcastle | $1,170 | $1,746 | $2,705 | $3,158 | $3,430 |
| Van Tassell | $31 | $100 | $337 | $1,077 | $3,977 |
Source: Ownwell