Pinedale, Wyoming Property Taxes
The median property tax rate in Pinedale, WY is 0.59%, considerably lower than both the national median of 0.99% and the Wyoming state median of 0.65%. With the median home value in Pinedale at $317,654, the typical annual property tax bill reaches $1,923, which is significantly below the national median of $2,690. Property taxes in Pinedale are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Pinedale'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 Pinedale or another part of Sublette County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Pinedale, Wyoming Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.59%
Estimate Property Tax Bill
$1,874
Ownwell’s Pinedale Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pinedale with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pinedale 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 Pinedale, Wyoming
Property taxes in Pinedale, Wyoming, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pinedale is 0.59%, significantly lower than the U.S. national median of 0.99%. Local government entities within Pinedale set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pinedale 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 Pinedale's effective property tax rate to other counties in Wyoming and the national median. For comparison, the 82941 zip code in Sublette County has the highest median property tax rate of 0.59%, while the lowest median tax rate is also 0.59%. Understanding how these cities compare with Pinedale provides valuable insights into the varying tax landscape across Sublette County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pinedale Tax Rate
0.59%
Average Sublette County Tax Rate
0.59%
Average Wyoming Tax Rate
0.65%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pinedale, Wyoming
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82941 | 0.58% | 0.58% | 0.59% | 0.65% | 0.65% |
Source: Ownwell
Property Tax Assessment Values Across Pinedale, Wyoming
In Pinedale, 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 Sublette 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 Pinedale, 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. The median home price in Pinedale is $317,654, and the median tax bill is $1,923 in the 82941 zip code. Being aware of these valuation processes in Pinedale helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Pinedale Assessed Value
$317,654
Average Sublette County Assessed Value
$283,103
Average Wyoming Assessed Value
$247,958
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pinedale, Wyoming
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82941 | $91,949 | $191,315 | $317,654 | $510,486 | $726,167 |
Source: Ownwell
Property Tax Bills Across Pinedale, Wyoming
In Pinedale, located in Sublette County, WY, property tax bills are calculated based on the assessed value of the property. This assessed value is determined by the county assessor and is a percentage of the property's market value. Homeowners in Pinedale typically see a property tax rate lower than the national median of 0.99%. The median home price in Pinedale is $317,654, and property tax bills can vary significantly. For instance, the tax bill at the 25th percentile is $1,195, while at the 75th percentile, it rises to $3,041. At the 90th percentile, homeowners might pay as much as $4,336. The highest and lowest median tax bills in the area are both $1,923, showing a relatively consistent tax rate within the 82941 zip code. These property tax bills impact homeowners by contributing to local services such as schools, infrastructure, and emergency services, making them a crucial part of the community's financial ecosystem.
Average Pinedale Tax Bill
$1,923
Average Sublette County Tax Bill
$1,756
Average Wyoming Tax Bill
$1,635
Average United States Tax Bill
$2,690
Property Tax Bills Across Pinedale, Wyoming
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82941 | $584 | $1,195 | $1,923 | $3,041 | $4,336 |
Source: Ownwell