Buffalo, Johnson County, Wyoming Property Taxes

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

Median Buffalo, Wyoming effective property tax rate: 0.66%, significantly lower than the national median of 1.02%, but slightly higher than the Wyoming state median of 0.65%.
Median Buffalo, Wyoming home value: $289,985
Median annual Buffalo, Wyoming tax bill: $1,989, $411 lower than the national median property tax bill of $2,400.

How are property taxes in Johnson County calculated?

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

Last Updated March 1, 2025

Buffalo, Johnson County, Wyoming Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.66%

Estimate Property Tax Bill

$1,914

$1,776

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

Property Tax Rates Across Buffalo, Johnson County, Wyoming

Local government entities set property tax rates, which can vary widely within a state. This is because each county annually estimates its 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 votes and laws are involved in setting these rates and budgets, this is essentially the annual process. In Buffalo, located in Johnson County, Wyoming, the effective property tax rate is notably lower than the national median of 1.02%. This makes it a more affordable option for property owners compared to many other areas in the United States. The median property tax rate in Wyoming is among the lowest in the nation, providing a significant financial advantage for residents. This competitive edge is further highlighted when comparing Buffalo’s rates to other cities within the state. With such favorable rates, property owners in Buffalo can enjoy the benefits of lower property taxes, making it an attractive place to live and invest.

Property Tax Rates Across Buffalo, Johnson County, Wyoming

Source: Ownwell

0.65%

0.66%

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 Buffalo Tax Rate

0.66%

Median Effective Johnson County Tax Rate

0.66%

Median Effective Wyoming Tax Rate

0.65%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Buffalo, Johnson County, Wyoming

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
82834	0.65%	0.65%	0.66%	0.72%	0.72%

Source: Ownwell

Property Tax Assessment Values Across Buffalo, Johnson County, Wyoming

When examining property taxes in Buffalo, 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 Johnson County Assessor 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 Johnson 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 Buffalo.

For example, the median home price in Buffalo is $289,985, with tax bills ranging significantly across the county. 82834 has the highest median home price at $289,985.

Property Tax Assessment Values Across Buffalo, Johnson County, Wyoming

Source: Ownwell

$158,375

$312,504

$466,632

Median Buffalo Market Value

$289,985

Median Johnson County Market Value

$283,784

Median Wyoming Market Value

$247,958

Median United States Market Value

$235,294

Property Tax Assessment Values Across Buffalo, Johnson County, Wyoming

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
82834	$53,404	$167,358	$289,985	$431,227	$615,064

Source: Ownwell

Property Tax Bills Across Buffalo, Johnson County, Wyoming

In Buffalo, Wyoming, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. Factors such as property size, location, and improvements can influence the assessed value, impacting the final tax bill. For homeowners in Buffalo, the median property tax bill stands at $1,989, which is below the national median of $2,400, offering some relief compared to other regions. However, tax bills can vary significantly, with the 25th percentile at $1,135 and the 90th percentile reaching $4,139. Ownwell can assist homeowners by identifying potential savings through property tax appeals and exemptions. By analyzing the property’s assessed value and ensuring it aligns with current market conditions, Ownwell helps ensure homeowners are not overpaying. This service can lead to significant savings, providing peace of mind and financial relief to Buffalo homeowners.

Property Tax Bills Across Buffalo, Johnson County, Wyoming

Source: Ownwell

$1,046

$1,978

$2,909

Median Buffalo Tax Bill

$1,989

Median Johnson County Tax Bill

$1,949

Median Wyoming Tax Bill

$1,635

Median United States Tax Bill

$2,400

Property Tax Bills Across Buffalo, Johnson County, Wyoming

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
82834	$369	$1,135	$1,989	$2,942	$4,139

Source: Ownwell