StateRates

Park County, Wyoming property tax

The median homeowner in Park County, Wyoming pays $2,115 a year in property tax on a home worth $374,200, an effective rate of 0.57%. The national effective rate is 0.98%.

Effective rate 0.57% #12 of 21 in Wyoming
Median tax bill $2,115 per year
Median home value $374,200 owner-occupied
Median income $70,533 household

What the rate means here

At 0.57%, Park County taxes property more lightly than the national 0.98%. Rate and bill part company here. The percentage is below national, the house is worth $374,200, and the bill lands at $2,115 anyway.

It ranks #12 of 21 Wyoming counties by effective rate, against a statewide 0.58%, and #2,210 nationally. The state runs from 0.70% in Washakie County down to 0.40% in Teton County.

The median home costs 5.31 times the median household income of $70,533, against 3.86 nationally, so housing absorbs an unusually large share of what people here earn. Renters pay 15.87% of median income in gross rent. With 30,109 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

$250,000 home $1,425 per year at 0.57%
$400,000 home $2,280 per year at 0.57%
$600,000 home $3,420 per year at 0.57%

Arithmetic at the county effective rate, before any exemption or assessment cap.

Housing and income

Park County, Wyoming against Wyoming and the country
Park County Wyoming United States
Effective property tax 0.57% 0.58% 0.98%
Median tax bill $2,115 $1,659 $2,969
Median home value $374,200 $285,100 $303,400
Median gross rent $933 $968 $1,348
Median household income $70,533 $74,815 $78,538
Home price to income 5.31× 3.81× 3.86×
Rent as share of income 15.87% 15.53% 20.6%
Owner-occupied 74.68% 71.92% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 30,109.

Nearby counties of similar size

Other Wyoming counties
County Rate Median bill Home value
Sheridan County 0.55% $1,951 $352,200
Teton County 0.40% $5,462 $1,371,900
Albany County 0.57% $1,846 $322,100
Fremont County 0.63% $1,591 $252,700
Uinta County 0.54% $1,389 $255,400

Park County property tax: common questions

What is the property tax rate in Park County, Wyoming?

The effective rate is 0.57% of home value, from a median tax bill of $2,115 against a median home value of $374,200. That is 0.41 points below the national 0.98%.

How much is property tax on a $400,000 home in Park County?

Roughly $2,280 a year at the county effective rate of 0.57%.

Is Park County expensive compared with the rest of Wyoming?

It ranks #12 of 21 Wyoming counties by effective property tax rate, and #2210 of 2,826 nationally. That is 0.01 points below the Wyoming average of 0.58%.

What does housing cost in Park County?

The median home is worth $374,200 and median gross rent is $933 a month. Median household income is $70,533, which puts the home at 5.31 times annual income and rent at 15.87% of it.