Understanding Wyoming Property Taxes
Overview of Wyoming Taxes
Wyoming collects a total of $8,600,577,000 in revenue every year. Of that, $1,255,483,000 comes from property taxes, or 14.6% of total revenue. As a result, Wyoming has the 45th highest property tax rate in the country, which is 46.7% less than the national average of 1.06%. Generally speaking, states where property taxes make up a higher percentage of total state revenue have higher property tax rates, and states where property taxes make up a smaller percentage of state revenue have lower property tax rates.
How does this translate to what homeowners actually pay? The average home value across Wyoming is $237,865, meaning the average Wyoming homeowner pays 0.57% of their home value every year in property taxes, or $5.67 for every $1,000 in home value.
Property Tax Calendar
Wyoming's property tax system is governed by state statute, which means that despite significant variation in what homeowners in different parts of Wyoming, there are important constants. Wyoming's assessment date, which is both the point in time when the owner of a property is liable for property tax and the point in time at the property's value is determined, is January 1. Wyoming property tax appeals, which allow homeowners to contest the assessment, starts within 30 days of the postmark on notice. The date which property tax bills become due on is November 10 and May 10.
Property Tax Calculator
If you are are a current homeowner in Wyoming or are looking at buying a specific property in Wyoming, check out our Wyoming Property Tax Calculator to determine if you should consider appealing your property tax assessment.
Property Tax Tool
If you are planning to buy a home in Wyoming and want to understand the size of your property tax bill, check out our Wyoming Property Tax Tool to see what your bill would be.
Property Tax Information for Wyoming Counties
The table below will help provide more information about how property taxes work in each county in Wyoming.
|County||Average Home Value||Average Tax Bill||Bill per $1,000|
|Big Horn County||$160,008||$1,141||$7.10|
|Hot Springs County||$205,629||$949||$4.60|
Want to learn more about Wyoming property taxes? Check out out our county-specific property tax pages linked below: