Albany County, Wyoming Property Taxes

Name: Property Tax Bills Across Albany County, Wyoming
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Albany County effective property tax rate: 0.69%, significantly lower than the national median of 1.02%.
Median Albany County home value: $294,660
Median annual Albany County tax bill: $2,125, $275 lower than the national median property tax bill of $2,400.

How are property taxes in Albany County calculated?

Property taxes in Albany County are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Laramie or another part of Albany County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Albany County, Wyoming Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.69%

Estimate Property Tax Bill

$2,033

$1,887

Ownwell’s Albany County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Albany County with just two data points. By entering your property's estimated assessed value, our calculator applies Albany County’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Albany County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Albany County, Wyoming

Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county estimates its required budget annually to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the essence of the annual process.

In Albany County, Wyoming, the effective property tax rate is a reflection of this process. The county's median tax rate is 0.69%, which is below the national median property tax rate of 1.02%. This rate is consistent with the county's highest median tax rate found in Laramie, which also stands at 0.69%. Meanwhile, Garrett offers the lowest median tax rate in the county at 0.62%.

Comparing Albany County's tax rate to the U.S. median provides insight into how local tax policies impact property owners. With rates lower than the national average, property owners in Albany County may find some financial relief compared to other regions.

Property Tax Rates Across Albany County, Wyoming

Source: Ownwell

0.62%

0.66%

0.69%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Albany County Tax Rate

0.69%

Median Effective Wyoming Tax Rate

0.65%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Albany County, Wyoming

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Bosler	0.65%	0.65%	0.65%	0.65%	0.65%
Buford	0.65%	0.65%	0.65%	0.65%	0.65%
Centennial	0.65%	0.65%	0.65%	0.65%	0.74%
Garrett	0.62%	0.62%	0.62%	0.62%	0.62%
Jelm	0.65%	0.65%	0.65%	0.65%	0.65%
Laramie	0.65%	0.69%	0.69%	0.69%	0.69%
Medicine Bow	0.62%	0.62%	0.62%	0.62%	0.62%
Rock River	0.62%	0.62%	0.69%	0.69%	0.69%
Tie Siding	0.65%	0.65%	0.65%	0.65%	0.65%
Wheatland	0.62%	0.62%	0.62%	0.62%	0.65%

Source: Ownwell

Property Tax Assessment Values Across Albany County, Wyoming

When examining property taxes in Albany County, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Albany County Assessor's Office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill. Assessment notices: In Albany County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Albany County. For example, the median tax bill in Albany County is $2,400, with tax bills ranging significantly across the county. Bosler has the highest median home price at $515,177.

Property Tax Assessment Values Across Albany County, Wyoming

Source: Ownwell

$50,765

$282,971

$515,177

Median Albany County Market Value

$294,660

Median Wyoming Market Value

$247,958

Median United States Market Value

$235,294

Property Tax Assessment Values Across Albany County, Wyoming

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Bosler	$36,940	$208,532	$515,177	$751,026	$891,017
Buford	$117,186	$225,284	$342,676	$572,189	$840,061
Centennial	$71,708	$144,901	$274,029	$446,834	$656,774
Garrett	$34,435	$51,782	$124,352	$363,931	$617,063
Jelm	$115,506	$236,370	$327,884	$449,482	$729,679
Laramie	$55,737	$210,335	$300,694	$408,133	$549,942
Medicine Bow	$25,728	$40,988	$74,837	$176,409	$260,969
Rock River	$5,846	$18,522	$50,876	$104,882	$203,462
Tie Siding	$122,417	$243,904	$330,874	$625,265	$883,186
Wheatland	$6,722	$21,624	$85,108	$184,589	$428,343

Source: Ownwell

Property Tax Bills Across Albany County, Wyoming

In Albany County, WY, property tax bills are calculated based on the assessed value of a home, which is a percentage of the property's market value. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Homeowners in Albany County typically face a median property tax bill of $2,400, which aligns with the national median. However, tax bills can vary significantly across the county. For instance, residents in Bosler encounter the highest median tax bill at $3,447, while those in Rock River enjoy the lowest at just $384. Factors such as location, property size, and market conditions contribute to these differences. The tax bill impacts homeowners by influencing their overall housing costs, potentially affecting affordability and financial planning. Understanding these dynamics is crucial for homeowners as they navigate the complexities of property taxes and consider potential appeals or exemptions to manage their expenses more effectively.

Property Tax Bills Across Albany County, Wyoming

Source: Ownwell

$379

$1,913

$3,447

Median Albany County Tax Bill

$2,125

Median Wyoming Tax Bill

$1,635

Median United States Tax Bill

$2,400

Property Tax Bills Across Albany County, Wyoming

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Bosler	$346	$1,769	$3,447	$4,869	$5,958
Buford	$758	$1,462	$2,249	$3,801	$5,451
Centennial	$580	$985	$1,821	$2,966	$4,256
Garrett	$211	$311	$757	$2,137	$3,808
Jelm	$743	$1,567	$2,092	$2,946	$4,735
Laramie	$1,137	$1,650	$2,165	$2,914	$3,868
Medicine Bow	$172	$285	$484	$1,082	$1,563
Rock River	$35	$158	$384	$732	$1,373
Tie Siding	$818	$1,521	$2,163	$4,018	$5,662
Wheatland	$372	$562	$993	$1,877	$3,776

Source: Ownwell