Baggs, Carbon County, Wyoming Property Taxes
Median Baggs, WY effective property tax rate: 0.64%, significantly lower than the national median of 1.02%, but lower than the Wyoming state median of 0.65%.
Median Baggs, WY home value: $59,042
Median annual Baggs, WY tax bill: $401, $1,999 lower than the national median property tax bill of $2,400.
How are property taxes in Carbon calculated?
Property taxes in Baggs, 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 Baggs’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Baggs, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Baggs, Carbon County, Wyoming Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.75%
Estimate Property Tax Bill
$502
$466
Property Tax Rates Across Baggs, Carbon County, Wyoming
Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget 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 there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Baggs’s effective property tax rate to other cities in Wyoming and the median property tax rates in Wyoming and the U.S. In Baggs, located in Carbon County, the property tax rate is 0.64%, which is significantly lower than the national median property tax rate of 1.02%. This means residents in Baggs enjoy a lower property tax burden compared to many other parts of the country. Understanding these rates can help homeowners make informed decisions about property investments and financial planning. For those looking to appeal their property taxes or seek exemptions, knowing where Baggs stands in comparison to state and national averages is crucial for effective financial management.
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 Baggs Tax Rate
0.75%
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 Carbon County Tax Rate
0.65%
Median Effective Wyoming Tax Rate
0.65%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Baggs, Carbon County, Wyoming
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82321 | 0.42% | 0.70% | 0.75% | 0.76% | 0.78% |
Source: Ownwell
Property Tax Assessment Values Across Baggs, Carbon County, Wyoming
When examining property taxes in Baggs, 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 Carbon County appraisal district 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.
In Carbon 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 Baggs. For example, the median home price in Baggs is $59,042, with tax bills ranging significantly across the county. Zip code 82321 has the highest median home price at $59,272.
Property Tax Assessment Values Across Baggs, Carbon County, Wyoming
Source: Ownwell
$39,550
$146,232
$252,914
Median Baggs Market Value
$66,981
Median Carbon County Market Value
$142,524
Median Wyoming Market Value
$260,753
Median United States Market Value
$235,294
Property Tax Assessment Values Across Baggs, Carbon County, Wyoming
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82321 | $10,075 | $18,970 | $66,981 | $198,208 | $304,151 |
Source: Ownwell
Property Tax Bills Across Baggs, Carbon County, Wyoming
Median Baggs Tax Bill
$490
Median Carbon County Tax Bill
$927
Median Wyoming Tax Bill
$1,712
Median United States Tax Bill
$2,400
Property Tax Bills Across Baggs, Carbon County, Wyoming
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82321 | $70 | $130 | $490 | $1,454 | $2,179 |
Source: Ownwell