Wyoming housing costs at a glance
| Wyoming | |
|---|---|
| Median home value (Zillow) | $372,000 |
| Average effective property tax | 0.58% |
| Typical rate for a new buyer (calculator default) | 0.65% |
| Average homeowners insurance ($300k dwelling) | $1,704 a year |
| 2026 conforming loan limit (one unit) | $832,750 |
Example: median-priced home
Wyoming home for $372,000, 20% down, 6.5% 30-year fixed: principal and interest $1,881 + property tax $202 + insurance $142 = about $2,225 a month. Enter your own rate quote and the actual tax rate of the property for a precise figure.
Wyoming property tax
Wyoming taxes homes on 9.5% of their market value, and mineral taxes pay for much of the state budget, so property taxes are low: about 0.58% of value on average. After rapid price increases, the state added homeowner relief programs for primary residences; check with your county assessor.
Other Wyoming costs
- No transfer tax and no disclosure of sale prices.
- Insurance: about $1,700 a year on average.
- No income tax; see the Wyoming paycheck calculator.
Other states
See also the Wyoming paycheck calculator and mortgage costs in other states.
Frequently asked questions
What is the property tax rate in Wyoming?
About 0.58% of home value on average.
What is the monthly payment on a median-priced Wyoming home?
On a $372,000 home with 20% down at 6.5%, principal and interest are about $1,881; with property tax at 0.65% and average insurance the total is about $2,225 a month.
Does Wyoming have a transfer tax?
No. Wyoming has no real estate transfer tax.
Why are Wyoming property taxes low?
Homes are assessed at 9.5% of market value and mineral taxes fund a large share of state and local budgets.
For information only; not a loan offer. Property tax, insurance and closing costs depend on the specific property and lender.
Sources
- Wyoming Department of Revenue – property tax
- FHFA – 2026 conforming loan limits
- U.S. Census Bureau ACS 2024 – real estate taxes (via NAHB / Construction Coverage)
- Zillow Home Value Index
- Insurify – home insurance by state
Rules checked: October 2026