Property Tax for Wyoming (2026)
Wyoming (WY) Key Facts
Effective Property Tax Rate
0.61%
Tax Level
Low compared to national average
Assessed By
County assessor
Payment Frequency
Varies by county (annual or semi-annual)
How This Calculator Works in Wyoming
This calculator estimates your annual Wyoming property tax based on your home's value and the state's average effective rate of 0.61%. Enter your property value to see your estimated annual tax bill.
Wyoming Overview
Wyoming has an effective property tax rate of 0.57%, below the national average of ~1.11%. A defining feature of the state's system is that no income tax; mineral revenue offsets need for property tax. 9.5% assessment ratio for residential property, making it important for homeowners to understand local assessment practices and available exemptions.
How Wyoming Compares
Wyoming's property tax rate of 0.61% compares to Montana at 0.84% and South Dakota at 1.28%. The relatively low rate makes property ownership more affordable from a tax perspective.
| State | Top Rate | Notes |
|---|---|---|
| Montana | 0.84% | Montana has a property tax rate of 0.84%. |
| South Dakota | 1.28% | South Dakota has a property tax rate of 1.28%. |
| Colorado | 0.51% | Colorado has a property tax rate of 0.51%. |
Wyoming's property tax rate of 0.61% compares to a national average of approximately 1.11%. This is below the national average.
Tips for Wyoming Residents
- 1Wyoming's effective property tax rate of 0.57% is below the national average of ~1.11%. Key feature: no income tax; mineral revenue offsets need for property tax.
- 29.5% assessment ratio for residential property. Always verify your assessed value matches your property's actual condition and features.
- 3Appeal your property tax assessment if comparable sales in your area suggest your home is overvalued — Wyoming allows formal protests through the county or local assessor's office.
- 4Check whether you qualify for Wyoming's homestead exemption or other relief programs (senior, disabled, veteran) — these can meaningfully reduce your annual tax bill.
- 5Wyoming property taxes are deductible on your federal return subject to the $10,000 SALT cap. With a 0.57% rate, a $350,000 home owes roughly $1,995/year before exemptions.