Powell, Park County, Wyoming Property Taxes

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

Median Powell, WY effective property tax rate: 0.66%, significantly lower than the national median of 1.02%, but slightly higher than the Wyoming state median of 0.65%. Median Powell, WY home value: $314,532. Median annual Powell, WY tax bill: $2,145, $255 lower than the national median property tax bill of $2,400.

How are property taxes in Park County calculated?

Property taxes in Powell, WY 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 Powell’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Powell, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Powell, Park County, Wyoming Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.66%

Estimate Property Tax Bill

$2,076

$1,926

Ownwell’s Powell Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Powell with just two data points. By entering your property's estimated assessed value, our calculator applies Powell’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 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 Park County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Powell, Park County, Wyoming

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

In Powell, located in Park County, Wyoming, the effective property tax rate is notably lower than the national median of 1.02%. This makes Powell an attractive location for homeowners seeking lower property tax burdens. With the median property tax rate in Wyoming at 0.66%, Powell aligns with the state's overall tax landscape, offering a cost-effective option for property owners compared to other regions in the U.S. where the median property tax bill is $2400. While the property tax rates in Powell might not differ significantly from other areas within Wyoming, they remain competitive when viewed against the national backdrop. Such favorable tax rates can be a compelling reason for prospective homeowners to consider Powell as their next destination.

Property Tax Rates Across Powell, Park County, Wyoming

Source: Ownwell

0.64%

0.67%

0.71%

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 Powell Tax Rate

0.66%

Median Effective Park County Tax Rate

0.67%

Median Effective Wyoming Tax Rate

0.65%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Powell, Park County, Wyoming

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
82435	0.63%	0.66%	0.66%	0.71%	0.71%

Source: Ownwell

Property Tax Assessment Values Across Powell, Park County, Wyoming

When examining property taxes in Powell, Wyoming, 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 Park County Appraisal District 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.

In Park 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 Powell.

For example, the median home price in Powell is $314,532, with tax bills ranging significantly across the county. 82435 has the highest median home price at $314,532.

Property Tax Assessment Values Across Powell, Park County, Wyoming

Source: Ownwell

$61,454

$235,263

$409,071

Median Powell Market Value

$314,532

Median Park County Market Value

$362,988

Median Wyoming Market Value

$247,958

Median United States Market Value

$235,294

Property Tax Assessment Values Across Powell, Park County, Wyoming

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
82435	$39,852	$193,940	$314,532	$445,942	$624,742

Source: Ownwell

Property Tax Bills Across Powell, Park County, Wyoming

In Powell, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is typically a percentage of the home's market value. The property tax rate is then applied to this assessed value to determine the tax bill. Homeowners in Powell face a range of tax bills, with the 25th percentile at $1,320 and the 75th percentile reaching $3,003. Comparatively, the national median property tax bill is $2,400, indicating that Powell's tax rates can vary significantly within the area. For homeowners, these taxes are a crucial consideration, impacting overall housing affordability and financial planning. Ownwell offers property tax appeal services that can potentially reduce these tax burdens. By analyzing property assessments and identifying discrepancies or opportunities for exemptions, Ownwell helps homeowners save money. This service not only provides financial relief but also ensures that homeowners are paying a fair tax amount, aligned with their property's true value.

Property Tax Bills Across Powell, Park County, Wyoming

Source: Ownwell

$431

$1,622

$2,812

Median Powell Tax Bill

$2,145

Median Park County Tax Bill

$2,484

Median Wyoming Tax Bill

$1,635

Median United States Tax Bill

$2,400

Property Tax Bills Across Powell, Park County, Wyoming

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
82435	$269	$1,320	$2,145	$3,003	$4,139

Source: Ownwell