Sheridan County, Wyoming Property Taxes
Property Taxes in Sheridan County, Wyoming
Median Sheridan County effective property tax rate: 0.63%, significantly lower than the national median of 1.02%.
Median Sheridan County home value: $356,980
Median annual Sheridan County tax bill: $2,250, lower than the national median property tax bill of $2,400.
How are property taxes in Sheridan County calculated?
Property taxes in Sheridan 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.
Sheridan County’s median effective property tax rate is 0.63%, which is lower than Wyoming’s median rate of 0.65%. The median annual tax bill is also $2,250, which is $150 lower than the state median. Whether you live in Sheridan or elsewhere in Sheridan County, understanding how assessed value, exemptions, and local tax rules work can help you identify savings and reduce your property tax burden.
Last Updated April 13, 2026
Sheridan County, Wyoming Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.63%
Estimate Property Tax Bill
$2,249
$2,087
How Does the Sheridan County Property Tax Calculator Work?
Use this Sheridan County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Sheridan County's median effective tax rate of 0.63% to generate your estimate.
Enter your property's estimated assessed value — the figure the appraisal district assigns for tax purposes, which is typically lower than market value after applicable exemptions. Our calculator uses the median effective rate for a more accurate estimate than the statutory millage rate alone.
Your actual bill may vary based on your specific exemptions, local school district levies, and any special assessment districts that apply to your property. Sheridan County's median effective tax rate is lower than the national median property tax rate of 1.02% and lower than the state median tax rate of 0.65%. The county's median property tax bill is $2,250, which is $150 lower than the state median bill and below the national median property tax bill of $2,400.
For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Sheridan County.
Property Tax Rates Across Sheridan County, Wyoming
What Are Effective Property Tax Rates Across Sheridan County?
Local government entities set tax rates, which vary widely across Sheridan County. Each year, the county estimates its budget for public services and divides that total by the assessed value of all taxable property within its jurisdiction.
Below, compare Sheridan County's effective property tax rate to other counties in Wyoming or the U.S. median of 1.02%.
Sheridan County's median effective rate stands at 0.63%, which is lower than the national median of 1.02%. Within Sheridan County, the highest rate is found in Dayton at 0.64%, while Story has the lowest at 0.58%.
These variations reflect differences in local school district levies, special assessment districts assessments, and special district bonds — which compound the base county rate.
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 Sheridan County Tax Rate
0.63%
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 Wyoming Tax Rate
0.65%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Sheridan County, Wyoming
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arvada | 0.60% | 0.61% | 0.62% | 0.63% | 0.66% |
| Banner | 0.57% | 0.59% | 0.61% | 0.62% | 0.64% |
| Big Horn | 0.60% | 0.62% | 0.63% | 0.64% | 0.65% |
| Clearmont | 0.60% | 0.62% | 0.64% | 0.66% | 0.67% |
| Dayton | 0.60% | 0.63% | 0.64% | 0.68% | 0.69% |
| Leiter | 0.53% | 0.59% | 0.60% | 0.62% | 0.66% |
| Parkman | 0.60% | 0.61% | 0.62% | 0.64% | 0.68% |
| Ranchester | 0.58% | 0.59% | 0.62% | 0.66% | 0.67% |
| Sheridan | 0.61% | 0.62% | 0.64% | 0.65% | 0.67% |
| Story | 0.51% | 0.55% | 0.58% | 0.60% | 0.62% |
| Wyarno | 0.59% | 0.61% | 0.62% | 0.63% | 0.65% |
| Wolf | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Sheridan County, Wyoming
When examining property taxes in Sheridan 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 Sheridan 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 Sheridan County, assessment notices are sent in April each year. They'll typically reach your mailbox by the middle of April.
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. The median tax bill in Sheridan County is $2,250, compared with the national median property tax bill of $2,400. Tax bills range significantly across the county, with Big Horn posting the highest median tax bill at $3,119 and Arvada the lowest at $222. Big Horn also has the highest median home price at $514,686.
Property Tax Assessment Values Across Sheridan County, Wyoming
Source: Ownwell
$33,315
$274,001
$514,686
Median Sheridan County Market Value
$356,980
Median Wyoming Market Value
$260,753
Median United States Market Value
$235,294
Property Tax Assessment Values Across Sheridan County, Wyoming
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arvada | $5,791 | $10,325 | $33,315 | $251,166 | $774,607 |
| Banner | $111,083 | $314,523 | $478,541 | $637,083 | $953,236 |
| Big Horn | $148,133 | $302,914 | $514,686 | $863,570 | $1,271,525 |
| Clearmont | $11,056 | $78,069 | $235,927 | $557,163 | $904,368 |
| Dayton | $16,543 | $231,713 | $369,075 | $538,898 | $795,494 |
| Leiter | $8,380 | $23,318 | $399,409 | $1,811,721 | $4,197,232 |
| Parkman | $33,114 | $135,134 | $295,607 | $502,879 | $774,181 |
| Ranchester | $16,509 | $232,994 | $348,925 | $466,949 | $635,764 |
| Sheridan | $81,593 | $247,164 | $353,954 | $523,880 | $767,293 |
| Story | $153,727 | $268,360 | $387,320 | $553,115 | $744,849 |
| Wyarno | $14,314 | $127,620 | $337,716 | $495,360 | $592,857 |
| Wolf | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Sheridan County, Wyoming
Property tax bills in Sheridan County are based on the assessed value of a home and the local tax rates set by taxing authorities. When a property’s market value changes, the assessed value can change too, which can raise or lower the bill. Factors such as location, home characteristics, and local levies all play a role in the final amount.
The median home price in Sheridan County is $356,980, and tax bills vary widely across the county. The 25th percentile tax bill is $1,520, while the 75th percentile is $3,304 and the 90th percentile reaches $4,813. That spread shows how much property taxes can differ from one homeowner to another, even within the same county.
For homeowners, a higher assessed value usually means a higher tax bill, which can affect monthly budgeting and long-term housing costs. In Sheridan County, understanding how your property is assessed is an important part of managing your tax burden.
Median Sheridan County Tax Bill
$2,250
Median Wyoming Tax Bill
$1,712
Median United States Tax Bill
$2,400
Property Tax Bills Across Sheridan County, Wyoming
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arvada | $35 | $60 | $222 | $1,543 | $4,635 |
| Banner | $711 | $1,863 | $2,898 | $3,893 | $5,878 |
| Big Horn | $934 | $1,913 | $3,119 | $5,356 | $7,863 |
| Clearmont | $73 | $550 | $1,556 | $3,478 | $5,553 |
| Dayton | $121 | $1,464 | $2,351 | $3,511 | $4,922 |
| Leiter | $38 | $162 | $2,411 | $10,945 | $25,397 |
| Parkman | $205 | $828 | $1,848 | $3,227 | $5,510 |
| Ranchester | $109 | $1,241 | $2,095 | $2,842 | $3,773 |
| Sheridan | $465 | $1,552 | $2,242 | $3,268 | $4,734 |
| Story | $761 | $1,452 | $2,233 | $3,232 | $4,374 |
| Wyarno | $86 | $692 | $2,095 | $3,003 | $3,769 |
| Wolf | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | May 27 |
Links | |
|---|---|
| Sheridan Tax Assessor | |
| Website | itax.tylertech.com |