Fort Bridger, Wyoming Property Taxes
The median property tax rate in Fort Bridger, WY is 0.61%, lower than both the national median of 0.99% and the Wyoming state median of 0.65%. With the median home value in Fort Bridger, the typical annual property tax bill reaches $627, significantly below the national median of $2,690. Property taxes in Fort Bridger 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 Fort Bridger'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 Fort Bridger 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
Fort Bridger, Wyoming Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.61%
Estimate Property Tax Bill
$429
Ownwell’s Fort Bridger Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Fort Bridger with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Fort Bridger 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 Fort Bridger, Wyoming
Property taxes in Fort Bridger, Wyoming, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Fort Bridger is 0.61%, which is lower than the U.S. national median of 0.99%. Local government entities within Fort Bridger set these rates annually, and they can vary significantly across different neighborhoods. Each year, Fort Bridger 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 Fort Bridger's effective property tax rate to other areas in Uinta County and the national median. For comparison, the zip code 82933 has the highest median property tax rate of 0.61%, while the same zip code also has the lowest median tax rate of 0.61%. Understanding how these areas compare with Fort Bridger 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 Fort Bridger Tax Rate
0.61%
Average Uinta County Tax Rate
0.65%
Average Wyoming Tax Rate
0.65%
Average United States Tax Rate
0.99%
Property Tax Rates Across Fort Bridger, Wyoming
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82933 | 0.61% | 0.61% | 0.61% | 0.68% | 0.68% |
Source: Ownwell
Property Tax Assessment Values Across Fort Bridger, Wyoming
In Fort Bridger, 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 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. In Fort Bridger, 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. Being aware of these valuation processes in Fort Bridger helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $627, found in the 82933 zip code, while the lowest median tax bill is also $627, in the same zip code.
Average Fort Bridger Assessed Value
$70,393
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 Fort Bridger, Wyoming
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82933 | $8,986 | $21,278 | $70,393 | $326,666 | $480,430 |
Source: Ownwell
Property Tax Bills Across Fort Bridger, Wyoming
Property tax bills in Fort Bridger, located in Uinta County, WY, are determined based on the assessed value of a property and the local tax rate. The assessed value is a percentage of the market value of the home. For example, with a median home price of $70,393, the assessed value forms the basis for calculating the tax bill. This assessed value is then multiplied by the local tax rate to determine the final tax bill. In Fort Bridger, the property tax bills vary significantly. Homeowners at the 25th percentile pay around $155, while those at the 75th percentile pay approximately $2,039. The 90th percentile sees tax bills reaching up to $2,912. These variations are influenced by factors such as property size, location, and improvements. Compared to the national median property tax rate of 0.99%, Fort Bridger's rates result in relatively lower tax bills, which can be beneficial for homeowners by reducing their annual financial burden.
Average Fort Bridger Tax Bill
$627
Average Uinta County Tax Bill
$1,317
Average Wyoming Tax Bill
$1,635
Average United States Tax Bill
$2,690
Property Tax Bills Across Fort Bridger, Wyoming
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82933 | $79 | $155 | $627 | $2,039 | $2,912 |
Source: Ownwell