Sweetwater County Property Taxes
The median property tax rate in Sweetwater County is 0.69%, which is notably lower than the national median of 0.99% but slightly higher than the Wyoming state median of 0.65%. With a median home value of $192,526, the typical annual property tax bill in Sweetwater County amounts to $1,311, far below the national median of $2,690. Property taxes in Sweetwater County are calculated based on the tax assessed value, often lower than the market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Sweetwater County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Rock Springs or another part of Sweetwater County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Sweetwater County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.69%
Estimate Property Tax Bill
$1,328
Ownwell’s Sweetwater County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Sweetwater County with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Sweetwater 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 Sweetwater County, Wyoming
Property taxes in Sweetwater County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Sweetwater County is 0.69%, which is lower than the U.S. national median of 0.99%. Local government entities within Sweetwater County set these rates annually, and they can vary significantly between different areas within the county. Each year, Sweetwater 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 Sweetwater County's effective property tax rate with other areas in Wyoming and the national median. For comparison, the city of Bairoil has one of the higher property tax rates in Wyoming at 0.77%, while the city of Point of Rocks boasts one of the lowest at 0.53%. Analyzing how Sweetwater County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Sweetwater County Tax Rate
0.69%
Average Wyoming Tax Rate
0.65%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sweetwater County, Wyoming
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bairoil | 0.65% | 0.77% | 0.77% | 0.77% | 0.77% |
| Farson | 0.63% | 0.66% | 0.74% | 0.74% | 0.74% |
| Granger | 0.54% | 0.58% | 0.62% | 0.70% | 0.70% |
| Green River | 0.58% | 0.70% | 0.70% | 0.70% | 0.70% |
| Mc Kinnon | 0.52% | 0.55% | 0.62% | 0.62% | 0.62% |
| Point Of Rocks | 0.53% | 0.53% | 0.53% | 0.54% | 0.55% |
| Pt Of Rocks | 0.53% | 0.54% | 0.54% | 0.58% | 0.64% |
| Reliance | 0.60% | 0.67% | 0.72% | 0.72% | 0.72% |
| Rock Springs | 0.58% | 0.64% | 0.69% | 0.69% | 0.69% |
| Superior | 0.57% | 0.64% | 0.69% | 0.69% | 0.69% |
| Wamsutter | 0.58% | 0.59% | 0.63% | 0.66% | 0.71% |
Source: Ownwell
Property Tax Assessment Values Across Sweetwater County, Wyoming
In Sweetwater 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 Sweetwater County 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 Sweetwater 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. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Green River has the highest median tax bill at $1,577, while Superior has the lowest at $116. Being aware of these valuation processes in Sweetwater 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 Sweetwater County, Wyoming
Source: Ownwell
$9,134
$221,812
$434,489
Average Sweetwater County Assessed Value
$192,526
Average Wyoming Assessed Value
$247,958
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Sweetwater County, Wyoming
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bairoil | $2,824 | $5,347 | $13,103 | $24,520 | $46,144 |
| Farson | $8,176 | $16,806 | $99,304 | $266,032 | $413,479 |
| Granger | $5,062 | $7,776 | $12,650 | $56,975 | $112,729 |
| Green River | $12,342 | $122,339 | $229,398 | $287,339 | $369,957 |
| Mc Kinnon | $4,846 | $14,345 | $21,862 | $95,878 | $140,050 |
| Point Of Rocks | $7,436 | $8,352 | $9,134 | $16,912 | $48,852 |
| Pt Of Rocks | $5,992 | $10,088 | $12,260 | $44,363 | $150,406 |
| Reliance | $9,335 | $26,048 | $90,846 | $123,199 | $156,971 |
| Rock Springs | $9,294 | $56,148 | $189,960 | $286,424 | $389,115 |
| Superior | $4,738 | $8,333 | $18,490 | $44,068 | $78,452 |
| Wamsutter | $6,981 | $7,942 | $12,824 | $38,343 | $108,866 |
Source: Ownwell
Property Tax Bills Across Sweetwater County, Wyoming
In Sweetwater County, WY, property tax bills are calculated based on the assessed value of a property, which is determined by the county assessor. The assessed value is a percentage of the market value of the property. Homeowners in Sweetwater County experience varying tax bills, influenced by factors such as property location, market conditions, and specific exemptions or deductions they may qualify for. For instance, the median home price in Sweetwater County is $192,526. Tax bills can vary significantly, with the 25th percentile at $302, the 75th percentile at $1,932, and the 90th percentile reaching up to $2,607. The highest median tax bill in the county is found in Green River at $1,577, while Superior has the lowest at just $116. These property taxes fund essential local services such as schools, public safety, and infrastructure. For homeowners, understanding how their tax bill is calculated and what factors influence it can help in financial planning and potentially identifying opportunities for tax savings.
Average Sweetwater County Tax Bill
$1,311
Average Wyoming Tax Bill
$1,635
Average United States Tax Bill
$2,690
Property Tax Bills Across Sweetwater County, Wyoming
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bairoil | $22 | $41 | $84 | $187 | $347 |
| Farson | $52 | $115 | $736 | $1,961 | $3,063 |
| Granger | $35 | $44 | $75 | $356 | $787 |
| Green River | $73 | $831 | $1,577 | $1,980 | $2,566 |
| Mc Kinnon | $25 | $76 | $136 | $596 | $1,105 |
| Point Of Rocks | $39 | $44 | $49 | $91 | $270 |
| Pt Of Rocks | $32 | $54 | $66 | $272 | $963 |
| Reliance | $57 | $177 | $651 | $863 | $1,109 |
| Rock Springs | $53 | $359 | $1,292 | $1,962 | $2,677 |
| Superior | $31 | $49 | $116 | $291 | $540 |
| Wamsutter | $42 | $48 | $81 | $245 | $736 |
Source: Ownwell