Evanston, Wyoming Property Taxes
The median property tax rate in Evanston, WY is 0.65%, notably lower than the national median of 0.99% and matching the state median of 0.65%. With a median home value of $205,764 in Evanston, the typical annual property tax bill amounts to $1,380, which is below the national median of $2,690. Property taxes in Evanston are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Evanston'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 Evanston or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Evanston, Wyoming Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.65%
Estimate Property Tax Bill
$1,337
$1,241
Ownwell’s Evanston Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Evanston with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Evanston 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 Evanston, Wyoming
Property taxes in Evanston, Wyoming, are essential in funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Evanston is 0.65%, which is lower than the U.S. national median of 0.99%. Local government entities within Evanston set these rates annually, and they can vary significantly across different neighborhoods. Each year, Evanston 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 Evanston's effective property tax rate to other areas in Wyoming and the national median. For comparison, the zip code 82930 has both the highest and lowest median property tax rate of 0.65%, identical to Evanston's rate. Understanding how these areas compare with Evanston provides valuable insights into the varying tax landscape across Uinta County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Evanston Tax Rate
0.65%
Average Uinta County Tax Rate
0.65%
Average Wyoming Tax Rate
0.65%
Average United States Tax Rate
0.99%
Property Tax Rates Across Evanston, Wyoming
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82930 | 0.60% | 0.65% | 0.65% | 0.65% | 0.65% |
Source: Ownwell
Property Tax Assessment Values Across Evanston, Wyoming
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Evanston, Wyoming. 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 Uinta 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. 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. For example, the median home price in Evanston is $205,764, with the 25th percentile tax bill at $542 and the 75th percentile tax bill at $2,004. The highest and lowest median tax bills are both $1,380 in the 82930 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Evanston Assessed Value
$205,764
Average Uinta County Assessed Value
$195,156
Average Wyoming Assessed Value
$247,958
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Evanston, Wyoming
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82930 | $12,595 | $69,854 | $205,764 | $307,631 | $422,920 |
Source: Ownwell
Property Tax Bills Across Evanston, Wyoming
In Evanston, located in Uinta County, WY, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the county assessor and is a percentage of the market value of the property. For instance, with a median home price of $205,764, the property tax rate is applied to this assessed value to calculate the annual tax bill. Several factors influence the final tax bill, including property size, location, and any applicable exemptions. Homeowners in Evanston can expect property tax bills that vary significantly. The 25th percentile tax bill is around $542, while the 75th percentile tax bill reaches $2,004. The top 10% of taxpayers face bills as high as $2,727. These variations reflect differences in property values and assessments within the city. Comparatively, Evanston's tax rate is competitive when juxtaposed with the national median property tax rate of 0.99%. This means that while some homeowners may experience higher tax bills, others benefit from relatively lower rates, impacting their overall cost of homeownership.
Average Evanston Tax Bill
$1,380
Average Uinta County Tax Bill
$1,317
Average Wyoming Tax Bill
$1,635
Average United States Tax Bill
$2,690
Property Tax Bills Across Evanston, Wyoming
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82930 | $89 | $542 | $1,380 | $2,004 | $2,727 |
Source: Ownwell