Saratoga, Carbon County, Wyoming Property Taxes
Median SARATOGA, WY effective property tax rate: 0.53%, significantly lower than the national median of 1.02%, and also below the Wyoming state median of 0.65%.
Median SARATOGA, WY home value: $239,953
Median annual SARATOGA, WY tax bill: $1,250, which is $1,150 lower than the national median property tax bill of $2,400.
How are property taxes in Carbon County calculated?
Property taxes in SARATOGA, 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 SARATOGA’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in SARATOGA, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Saratoga, Carbon County, Wyoming Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.53%
Estimate Property Tax Bill
$1,272
$1,180
Property Tax Rates Across Saratoga, Carbon County, Wyoming
Local government entities are responsible for setting tax rates, and these can vary widely within a state. Each year, counties like Carbon in Wyoming estimate their required budget to provide essential services. This budget is then divided by the total value of all taxable property within the county, resulting in the property tax rate. While votes and legislation play a role in determining these rates and budgets, this annual process is quite straightforward.
In Saratoga, located in Carbon County, the effective property tax rate is a reflection of this process. When compared to other cities in Wyoming, Saratoga's rate offers an interesting perspective on how property taxes are managed within the state. The median property tax rate in Wyoming is notably lower than the national median of 1.02%, providing a more affordable tax environment for property owners. This comparison highlights the diversity in property tax rates not only within Wyoming but also across the United States. Understanding these variations can be crucial for property owners looking to optimize their tax liabilities.
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 Saratoga Tax Rate
0.53%
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
0.58%
Median Effective Wyoming Tax Rate
0.65%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Saratoga, Carbon County, Wyoming
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82331 | 0.42% | 0.48% | 0.53% | 0.56% | 0.61% |
Source: Ownwell
Property Tax Assessment Values Across Saratoga, Carbon County, Wyoming
When examining property taxes in Saratoga, 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 Saratoga.
For example, the median home price in Saratoga is $239,953, with tax bills ranging significantly across the county. Zip code 82331 has the highest median home price at $239,953.
Property Tax Assessment Values Across Saratoga, Carbon County, Wyoming
Source: Ownwell
$39,732
$139,843
$239,953
Median Saratoga Market Value
$239,953
Median Carbon County Market Value
$141,657
Median Wyoming Market Value
$247,958
Median United States Market Value
$235,294
Property Tax Assessment Values Across Saratoga, Carbon County, Wyoming
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82331 | $21,227 | $105,183 | $239,953 | $344,906 | $507,852 |
Source: Ownwell
Property Tax Bills Across Saratoga, Carbon County, Wyoming
Median Saratoga Tax Bill
$1,250
Median Carbon County Tax Bill
$819
Median Wyoming Tax Bill
$1,635
Median United States Tax Bill
$2,400
Property Tax Bills Across Saratoga, Carbon County, Wyoming
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82331 | $112 | $510 | $1,250 | $1,846 | $2,789 |
Source: Ownwell