Weston County, Wyoming Property Taxes
The median property tax rate in Weston County is 0.69%, which is 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 $107,713 in Weston County, the typical annual property tax bill is around $742, considerably below the national median of $2,690. Property taxes in Weston County are calculated based on the tax assessed value, which is often less than the actual market value due to various property tax exemptions such as primary residence and agricultural exemptions. Understanding Weston 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 Newcastle or another part of Weston County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Weston County, Wyoming Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.69%
Estimate Property Tax Bill
$743
$690
Ownwell’s Weston County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Weston County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Weston 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 Weston County, Wyoming
Property taxes in Weston County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Weston County is 0.69%, which is lower than the U.S. national median of 0.99%. Local government entities within Weston County set these rates annually, and they can vary significantly between different areas within the county. Each year, Weston 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 Weston County's effective property tax rate with other counties in Wyoming and the national median. For comparison, the city of Newcastle has one of the higher property tax rates in Wyoming at 0.69%, while the city of Osage boasts one of the lowest at 0.66%. Analyzing how Weston County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Weston County Tax Rate
0.69%
Average Wyoming Tax Rate
0.65%
Average United States Tax Rate
0.99%
Property Tax Rates Across Weston County, Wyoming
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Four Corners | 0.57% | 0.65% | 0.69% | 0.69% | 0.69% |
| Newcastle | 0.58% | 0.62% | 0.69% | 0.74% | 0.74% |
| Osage | 0.57% | 0.58% | 0.66% | 0.66% | 0.66% |
| Sundance | 0.64% | 0.68% | 0.69% | 0.69% | 0.69% |
| Upton | 0.58% | 0.62% | 0.69% | 0.74% | 0.74% |
Source: Ownwell
Property Tax Assessment Values Across Weston County, Wyoming
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Weston County. 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 Weston 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 Weston 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. In Weston County, Sundance has the highest median tax bill at $3,066, while Osage has the lowest at $184. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Weston County Assessed Value
$107,713
Average Wyoming Assessed Value
$247,958
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Weston County, Wyoming
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Four Corners | $81,183 | $120,674 | $146,374 | $250,042 | $500,559 |
| Newcastle | $11,556 | $31,808 | $125,669 | $229,487 | $379,959 |
| Osage | $6,199 | $10,954 | $29,286 | $75,760 | $158,683 |
| Sundance | $350,214 | $369,270 | $474,434 | $514,197 | $549,847 |
| Upton | $11,501 | $22,274 | $84,519 | $234,336 | $397,869 |
Source: Ownwell
Property Tax Bills Across Weston County, Wyoming
In Weston County, WY, property tax bills are calculated based on the assessed value of a home, which is determined as a percentage of its market value. The assessed value is then multiplied by the local tax rate to determine the tax bill. For example, with a median home price of $107,713, homeowners can expect varying tax bills depending on their property's assessed value and the specific tax rate applied. Several factors influence the final tax bill, including property location and any applicable exemptions. In Weston County, the tax bill can range significantly, from the 25th percentile at $170 to the 90th percentile at $2,595. The highest median tax bill in the county is in Sundance at $3,066, while Osage has the lowest at $184. These variations highlight how local assessments and rates can impact homeowners differently. Compared to the national median property tax rate of 0.99%, Weston County offers relatively lower tax burdens, benefiting homeowners in the area.
Average Weston County Tax Bill
$742
Average Wyoming Tax Bill
$1,635
Average United States Tax Bill
$2,690
Property Tax Bills Across Weston County, Wyoming
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Four Corners | $506 | $720 | $961 | $1,722 | $3,125 |
| Newcastle | $71 | $211 | $885 | $1,623 | $2,576 |
| Osage | $38 | $68 | $184 | $493 | $1,007 |
| Sundance | $2,409 | $2,543 | $3,066 | $3,340 | $3,593 |
| Upton | $77 | $158 | $572 | $1,675 | $2,772 |
Source: Ownwell