Wyoming has one of the lowest property tax burdens in the country. Multiple current sources put the state's average effective property tax rate in the roughly 0.53%–0.58% range (with ACS/Census-based figures at about 0.56%), well below the national average — sources cite the national average variously as ~0.9% (Census-based effective rate, 0.888% for 2024) to ~1.0%–1.01% (Tax Foundation methodology). Either way, Wyoming's rate is roughly 40-45% lower than the national figure. Within the state there is meaningful county-level variation: effective rates range from about 0.38%–0.48% in low-tax counties like Niobrara to around 0.70% in Washakie County, with Teton County a notable outlier on total dollar amount (due to very high home values) despite one of the lowest effective rates (~0.44%-0.48%).
Example: Using 2024 American Community Survey (Census) data, Wyoming's median annual property tax bill is approximately $1,855, against a median home value of about $346,991 (effective rate ~0.56%), compared with a $1,993 national median. Older/lower estimates using a lower assumed median home value (e.g., ~$184,000) put the figure closer to $1,058/year, and other calculators citing a ~$250,000 home show about $1,425/year — the spread reflects differing assumed home values rather than disagreement on the tax rate itself. Countywide, actual bills range from roughly $579–$1,072/year in the cheapest counties (e.g., Weston, Niobrara) up to $3,496–$7,267/year in Teton County, which has by far the state's highest home values.
Wyoming's property tax landscape changed significantly starting tax year 2025-2026 due to new legislature-enacted temporary relief programs (the 25% owner-occupied exemption and 50% long-term homeowner exemption) layered on top of the older statutory $20,000/$40,000 homestead-style exemption and the $6,000 veteran exemption — homeowners should confirm with their county assessor which exemptions they qualify for and file the required affidavit by the annual deadline (commonly March 1), since the 25% and 50% exemptions cannot be combined and the newer programs currently carry sunset dates (2027) pending further legislative action; a 2026 ballot initiative (Homeowner's Primary Residence Property Tax Exemption Initiative) may further change residential exemption rules.</notes>
Facts on this page reflect research current as of 2026-07-05. Programs, rates, and laws change — confirm current figures with the relevant state agency before relying on them.