Basin, Big Horn County, Wyoming Property Taxes

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

Median Basin, WY effective property tax rate: 0.59%, significantly lower than the national median of 1.02%, but lower than the Wyoming state median of 0.65%. Median Basin, WY home value: $162,960. Median annual Basin, WY tax bill: $949, $1,451 lower than the national median property tax bill of $2,400.

How are property taxes in Big Horn calculated?

Property taxes in Basin, WY 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 Basin’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Basin, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Basin, Big Horn County, Wyoming Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.59%

Estimate Property Tax Bill

$961

$892

Ownwell’s Basin Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Basin with just two data points. By entering your property's estimated assessed value, our calculator applies Basin’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 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 Big Horn County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Basin, Big Horn County, Wyoming

Local government entities determine tax rates, leading to significant variations within a state. Annually, each county calculates its necessary budget for services and divides this by the total value of all taxable properties in its jurisdiction, resulting in the property tax rate. Though votes and laws play a role in setting these rates and budgets, this is essentially the annual procedure. In Basin, located in Big Horn County, Wyoming, the effective property tax rate is 0.59%, which is notably lower than the national median property tax rate of 1.02%. This means that homeowners in Basin benefit from a lower property tax burden compared to the national average. Additionally, the median property tax bill in Basin is likely to be more affordable than the national median of $2,400. By comparing Basin's effective property tax rate with other cities in Wyoming and the median rates in Wyoming and the U.S., residents can better understand their property tax obligations and the relative affordability of living in this region.

Property Tax Rates Across Basin, Big Horn County, Wyoming

Source: Ownwell

0.56%

0.61%

0.65%

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 Basin Tax Rate

0.59%

Median Effective Big Horn County Tax Rate

0.60%

Median Effective Wyoming Tax Rate

0.65%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Basin, Big Horn County, Wyoming

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
82410	0.52%	0.57%	0.59%	0.61%	0.63%

Source: Ownwell

Property Tax Assessment Values Across Basin, Big Horn County, Wyoming

When examining property taxes in Basin, Wyoming, 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 Big Horn 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 Big Horn 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 Basin. For example, the median home price in Basin is $162,960, with tax bills ranging significantly across the county. 82410 has the highest median home price at $162,960.

Property Tax Assessment Values Across Basin, Big Horn County, Wyoming

Source: Ownwell

$83,554

$231,194

$378,834

Median Basin Market Value

$162,960

Median Big Horn County Market Value

$158,659

Median Wyoming Market Value

$247,958

Median United States Market Value

$235,294

Property Tax Assessment Values Across Basin, Big Horn County, Wyoming

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
82410	$51,067	$98,260	$162,960	$242,938	$331,423

Source: Ownwell

Property Tax Bills Across Basin, Big Horn County, Wyoming

In Basin, property tax bills are calculated based on the assessed value of a home. The local tax rate is applied to this value to determine the annual tax bill. For homeowners in Basin, the median home price is $162,960, with a corresponding property tax bill typically around $949. This is significantly lower than the national median property tax bill of $2,400. Factors influencing the tax bill include property location, market conditions, and local government budget needs. For example, in Big Horn County, tax bills can range from the 25th percentile at $579 to the 90th percentile at $1,986, reflecting variations in property assessments and individual circumstances. Homeowners in Basin may find their property tax bills manageable, but there’s always room for savings. Ownwell can assist by identifying potential exemptions and appealing inaccurate assessments, ensuring homeowners pay only what they owe. This service can be especially beneficial in navigating the complexities of property tax calculations and securing the lowest possible bill.

Property Tax Bills Across Basin, Big Horn County, Wyoming

Source: Ownwell

$514

$1,369

$2,224

Median Basin Tax Bill

$949

Median Big Horn County Tax Bill

$957

Median Wyoming Tax Bill

$1,635

Median United States Tax Bill

$2,400

Property Tax Bills Across Basin, Big Horn County, Wyoming

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
82410	$267	$579	$949	$1,436	$1,986

Source: Ownwell