Sheridan County, Wyoming property tax
The median homeowner in Sheridan County, Wyoming pays $1,951 a year in property tax on a home worth $352,200, an effective rate of 0.55%. The national effective rate is 0.98%.
What the rate means here
At 0.55%, Sheridan County taxes property more lightly than the national 0.98%. This is the case where the rate misleads. Owners pay $1,951 a year, which is what matters, and the low percentage is a function of what housing is worth rather than of restraint by the county.
It ranks #15 of 21 Wyoming counties by effective rate, against a statewide 0.58%, and #2,282 nationally. The state runs from 0.70% in Washakie County down to 0.40% in Teton County.
The median home costs 4.97 times the median household income of $70,855, against 3.86 nationally, so housing absorbs an unusually large share of what people here earn. Renters pay 16.09% of median income in gross rent. With 31,585 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
| Sheridan County | Wyoming | United States | |
|---|---|---|---|
| Effective property tax | 0.55% | 0.58% | 0.98% |
| Median tax bill | $1,951 | $1,659 | $2,969 |
| Median home value | $352,200 | $285,100 | $303,400 |
| Median gross rent | $950 | $968 | $1,348 |
| Median household income | $70,855 | $74,815 | $78,538 |
| Home price to income | 4.97× | 3.81× | 3.86× |
| Rent as share of income | 16.09% | 15.53% | 20.6% |
| Owner-occupied | 69.86% | 71.92% | 65.02% |
Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 31,585.
Nearby counties of similar size
| County | Rate | Median bill | Home value |
|---|---|---|---|
| Park County | 0.57% | $2,115 | $374,200 |
| Albany County | 0.57% | $1,846 | $322,100 |
| Fremont County | 0.63% | $1,591 | $252,700 |
| Teton County | 0.40% | $5,462 | $1,371,900 |
| Sweetwater County | 0.60% | $1,469 | $242,900 |
Sheridan County property tax: common questions
What is the property tax rate in Sheridan County, Wyoming?
The effective rate is 0.55% of home value, from a median tax bill of $1,951 against a median home value of $352,200. That is 0.43 points below the national 0.98%.
How much is property tax on a $400,000 home in Sheridan County?
Roughly $2,200 a year at the county effective rate of 0.55%.
Is Sheridan County expensive compared with the rest of Wyoming?
It ranks #15 of 21 Wyoming counties by effective property tax rate, and #2282 of 2,826 nationally. That is 0.03 points below the Wyoming average of 0.58%.
What does housing cost in Sheridan County?
The median home is worth $352,200 and median gross rent is $950 a month. Median household income is $70,855, which puts the home at 4.97 times annual income and rent at 16.09% of it.