Alta, Teton County, Wyoming Property Taxes
Median Alta, WY effective property tax rate: 0.54%, significantly lower than the national median of 1.02%, but lower than the Wyoming state median of 0.65%.
Median Alta, WY home value: $1,401,468
Median annual Alta, WY tax bill: $7,667, $5,267 higher than the national median property tax bill of $2,400.
How are property taxes in Teton calculated?
Property taxes in Alta, 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 Alta’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Alta, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Alta, Teton County, Wyoming Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.54%
Estimate Property Tax Bill
$7,568
$7,023
Property Tax Rates Across Alta, Teton County, Wyoming
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 Alta Tax Rate
0.54%
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 Teton County Tax Rate
0.53%
Median Effective Wyoming Tax Rate
0.65%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Alta, Teton County, Wyoming
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83414 | 0.53% | 0.54% | 0.54% | 0.56% | 0.61% |
Source: Ownwell
Property Tax Assessment Values Across Alta, Teton County, Wyoming
When examining property taxes in Alta, 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 Teton 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.
In Teton County, assessment notices are sent in the spring 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. 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 Alta.
For example, the median home price in Alta is $1,401,468, with tax bills ranging significantly across the county. Zip code 83414 has the highest median home price at $1,401,468.
Property Tax Assessment Values Across Alta, Teton County, Wyoming
Source: Ownwell
$1,311,102
$2,104,759
$2,898,415
Median Alta Market Value
$1,401,468
Median Teton County Market Value
$2,024,966
Median Wyoming Market Value
$247,958
Median United States Market Value
$235,294
Property Tax Assessment Values Across Alta, Teton County, Wyoming
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83414 | $634,899 | $900,679 | $1,401,468 | $2,502,742 | $3,955,221 |
Source: Ownwell
Property Tax Bills Across Alta, Teton County, Wyoming
In Alta, Teton County, WY, property tax bills are calculated based on the assessed value of a home. The assessed value is a percentage of the property's market value, and this figure is then multiplied by the local tax rate to determine the annual tax bill. With a median home price of $1,401,468, property taxes can be significant, as evidenced by the 25th percentile tax bill of $5,066 and the 90th percentile reaching up to $20,297. This can place a considerable financial burden on homeowners, especially when compared to the national median property tax bill of $2,400.
Ownwell can assist homeowners in Alta by reviewing their property assessments to ensure they are fair and accurate. By identifying discrepancies or opportunities for exemptions, Ownwell helps reduce the tax burden, potentially saving homeowners thousands of dollars. With expertise in navigating local tax laws and a commitment to client savings, Ownwell is a valuable ally in managing and minimizing property tax expenses.
Median Alta Tax Bill
$7,667
Median Teton County Tax Bill
$11,160
Median Wyoming Tax Bill
$1,635
Median United States Tax Bill
$2,400
Property Tax Bills Across Alta, Teton County, Wyoming
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83414 | $3,583 | $5,066 | $7,667 | $13,381 | $20,297 |
Source: Ownwell