$
Annual Tax
$1,379
0.53%
Effective Rate
Monthly Tax
$115
Assessed Value
$32,964
Taxable Value
$24,723
Summary
A $346,991 home in Wyoming has an estimated annual property tax of $1,379 (0.53% effective rate), with homestead exemption applied.
Wyoming's 0.53% effective property tax rate ranks #41 nationally (1 = highest).
Wyoming offers a 25% homestead exemption off market value. This saves you approximately $460/year.
Wyoming assesses property at 9.5% of market value.
Your estimated monthly property tax is $115.
Taxable Assessed: $24,723
Exempt (Homestead): $8,241
Property Tax Calculation Breakdown
7 rows
| Step | Amount |
|---|---|
| Home Market Value | $346,991 |
| × Assessment Ratio (9.5%) | $32,964 |
| − Homestead Exemption | −$8,241 |
| = Taxable Value | $24,723 |
| × Tax Rate (5.5789%) | |
| = Annual Property Tax | $1,379 |
| ÷ 12 = Monthly Tax | $115 |
Property tax rates are statewide average effective rates based on 2025 data from the Tax Foundation and ACS. Actual taxes vary significantly by county, city, and school district. Contact your local assessor for exact figures. Not tax advice.