Property Taxes in Wyoming: Rates, Exemptions, and How They Work (2026)
TL;DR
Wyoming has no state income tax and relatively low property taxes. Residential property is assessed at 9.5% of fair market value. The average effective rate is about 0.55%. The veteran's property tax exemption provides up to $3,000 off assessed value. Agricultural land is valued at productivity. County assessors value property annually. The State Board of Equalization oversees assessment standards. Appeal to the County Board of Equalization by the last Monday in May.
Assessment
Wyoming assesses residential property at 9.5% of fair market value. Commercial and industrial property is also assessed at 9.5%. Agricultural land is assessed based on its productive capacity. Mineral production is assessed at different rates.
A $350,000 home has an assessed value of $33,250.
Exemptions
| Program | Benefit | Who Qualifies |
|---|---|---|
| Veteran Exemption | $3,000 off assessed value | Wyoming veterans with qualifying service |
| Tax Refund Program | Refund based on income | 65+ or disabled, income limits |
Appeal
- County Board of Equalization: File by the last Monday in May
- State Board of Equalization: Appeal within 30 days
- District Court: Judicial review
Check your Wyoming assessment with our free property tax analyzer.
Frequently Asked Questions
What should I know about property taxes in wyoming: rates, exemptions, and how they work (2026)?
Wyoming has no state income tax and relatively low property taxes. Residential property is assessed at 9.5% of fair market value. The average effective rate is about 0.55%.
What should I know about assessment?
Wyoming assesses residential property at 9.5% of fair market value. Commercial and industrial property is also assessed at 9.5%. Agricultural land is assessed based on its productive capacity.
What should I know about appeal?
Check your Wyoming assessment with our free property tax analyzer.