Wyoming Tax Guide
Explore Wyoming's state tax rates for income, sales, property, retirement, and more. Learn how Wyoming compares nationwide.
Navigating the complexities of state taxes can be daunting, but understanding Wyoming's tax landscape is essential for residents and newcomers alike.
In this guide, we'll explore key components of The Cowboy State's tax system, from income and sales taxes to property taxes and retirement benefits.
Wyoming state tax: Overview
Wyoming is one of just nine states with no state income tax, which can be a benefit for residents.
From just $107.88 $24.99 for Kiplinger Personal Finance
Become a smarter, better informed investor. Subscribe from just $107.88 $24.99, plus get up to 4 Special Issues
Sign up for Kiplinger’s Free Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
On top of that, the average combined state and local sales tax rate is relatively low, according to the Tax Foundation.
Property taxes in the Cowboy State are also modest, with a median rate that falls below the national average.
[Data for this state tax guide was gathered from a number of sources including the Census Bureau, the state’s government website, the Sales Tax Handbook, and the Tax Foundation. Property taxes are cited as a rate percentage rather than the assessed value.]
Wyoming income tax
Wyoming has no state income tax.
Wyoming retirement taxes
Wyoming is one of the states with no personal income tax, so you won’t need to pay state income tax on your retirement income or any other type of earnings.
- Tax on Taxable Income: N/A
- Social Security: Not taxable
- Pensions: Not taxable
- 401(k) and IRA Distributions: Not taxable
Wyoming sales tax
Wyoming's state sales tax is 4.0%. The average local sales tax is 1.44%.
So, that is a combined rate of 5.44%, according to the Tax Foundation.
- Groceries: Exempt
- Clothing: Taxable
- Motor Vehicles: Taxable
- Prescription Drugs: Exempt
How much is property tax in Wyoming?
In Wyoming, the median property tax rate is 0.55% of assessed home value, according to the Tax Foundation.
Wyoming retirement taxes
Wyoming's property tax deferral program allows for the delayed payment of up to 50% of property taxes owed on a principal residence on a parcel of less than 40 acres of land.
To be eligible, the homeowner must have limited income, be over 62 years old (or disabled), and have purchased the property at least 10 years before applying for the tax deferral. The program is administered at the county level.
Wyoming gas tax
Product | Tax Amount |
|---|---|
Gasoline | $0.23 per gallon |
Diesel | $0.23 per gallon |
Source: Sales Tax Handbook
Wyoming taxes on tobacco and alcohol
Product | Tax Amount |
|---|---|
Cigarettes | $0.60 per pack |
Other Tobacco Products | 20% of the wholesale price |
Source: Sales Tax Handbook
Product | Tax Amount |
|---|---|
Beer | $0.02 per gallon |
Wine | $0.00 per gallon |
Liquor | state-controlled |
Source: Sales Tax Handbook
Wyoming estate and inheritance taxes
Wyoming has no estate or inheritance tax.
Related
-
Stocks See First Back-to-Back Losses of 2026: Stock Market TodayRising geopolitical worries and a continued sell off in financial stocks kept pressure on the main indexes on Wednesday.
-
Countries That Will Pay You to Move: Cash Grants, Incentives and What to KnowExplore real relocation incentives — from cash grants and tax breaks to startup funding — that make moving abroad or to smaller towns more affordable and rewarding.
-
Mortgage Protection Insurance: What It Covers and When It Makes SenseHow mortgage protection insurance works, what it costs, and when it’s actually useful in a financial plan.
-
State Tax Changes 2026: Is Your State Cutting Taxes This Year?Tax Changes As a new year begins, taxpayers across the country are navigating a new round of state tax changes.
-
When Do W-2s Arrive? 2026 Deadline and 'Big Beautiful Bill' ChangesTax Deadlines Mark your calendar: Feb 2 is the big W-2 release date. Here’s the delivery scoop and what the Trump tax changes might mean for your taxes.
-
Are You Afraid of an IRS Audit? 8 Ways to Beat Tax Audit AnxietyTax Season Tax audit anxiety is like a wild beast. Here’s how you can help tame it.
-
States That Tax Social Security Benefits in 2026Retirement Tax Not all retirees who live in states that tax Social Security benefits have to pay state income taxes. Will your benefits be taxed?
-
10 Cheapest Places to Live in WashingtonProperty Tax Is Washington your go-to ski destination? These counties combine no income tax with the lowest property tax bills in the state.
-
3 Major Changes to the Charitable Deduction for 2026Tax Breaks About 144 million Americans might qualify for the 2026 universal charity deduction, while high earners face new IRS limits. Here's what to know.
-
Retirees in These 7 States Could Pay Less Property Taxes Next YearState Taxes Retirement property tax bills could be up to 65% cheaper for some older adults in 2026. Do you qualify?
-
Estate Tax Quiz: Can You Pass the Test on the 40% Federal Rate?Quiz How well do you know the new 2026 IRS rules for wealth transfer and the specific tax brackets that affect your heirs? Let's find out!
