Albany County, Wyoming property tax
The median homeowner in Albany County, Wyoming pays $1,846 a year in property tax on a home worth $322,100, an effective rate of 0.57%. The national effective rate is 0.98%.
What the rate means here
At 0.57%, Albany County taxes property more lightly than the national 0.98%. The bill works out at $1,846 a year. Low-rate counties usually have another revenue source doing the work, whether that is a state funding formula, sales tax or severance revenue from extraction.
It ranks #11 of 21 Wyoming counties by effective rate, against a statewide 0.58%, and #2,209 nationally. The state runs from 0.70% in Washakie County down to 0.40% in Teton County.
The median home costs 5.38 times the median household income of $59,881, against 3.86 nationally, so housing absorbs an unusually large share of what people here earn. Renters pay 18.76% of median income in gross rent. With 37,713 residents, the sample behind these medians is small, and the survey's own margins of error are correspondingly wider.
The rate is derived rather than quoted. How and why.
What that costs at different home values
Arithmetic at the county effective rate, before any exemption or assessment cap.
Housing and income
| Albany County | Wyoming | United States | |
|---|---|---|---|
| Effective property tax | 0.57% | 0.58% | 0.98% |
| Median tax bill | $1,846 | $1,659 | $2,969 |
| Median home value | $322,100 | $285,100 | $303,400 |
| Median gross rent | $936 | $968 | $1,348 |
| Median household income | $59,881 | $74,815 | $78,538 |
| Home price to income | 5.38× | 3.81× | 3.86× |
| Rent as share of income | 18.76% | 15.53% | 20.6% |
| Owner-occupied | 49.36% | 71.92% | 65.02% |
Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 37,713.
Nearby counties of similar size
| County | Rate | Median bill | Home value |
|---|---|---|---|
| Fremont County | 0.63% | $1,591 | $252,700 |
| Sweetwater County | 0.60% | $1,469 | $242,900 |
| Sheridan County | 0.55% | $1,951 | $352,200 |
| Park County | 0.57% | $2,115 | $374,200 |
| Campbell County | 0.55% | $1,465 | $266,400 |
Albany County property tax: common questions
What is the property tax rate in Albany County, Wyoming?
The effective rate is 0.57% of home value, from a median tax bill of $1,846 against a median home value of $322,100. That is 0.41 points below the national 0.98%.
How much is property tax on a $400,000 home in Albany County?
Roughly $2,280 a year at the county effective rate of 0.57%.
Is Albany County expensive compared with the rest of Wyoming?
It ranks #11 of 21 Wyoming counties by effective property tax rate, and #2209 of 2,826 nationally. That is 0.01 points below the Wyoming average of 0.58%.
What does housing cost in Albany County?
The median home is worth $322,100 and median gross rent is $936 a month. Median household income is $59,881, which puts the home at 5.38 times annual income and rent at 18.76% of it.