Wyoming Tax Guide
Wyoming state tax rates and rules for income, sales, property, gas, cigarette, and other taxes that impact residents.
Wyoming state tax: Overview
Wyoming is one of nine states that doesn't have a state income tax.
According to the Tax Foundation, Wyoming's average combined state and local sales tax rate is fairly low. The statewide median property tax rate is fairly low when compared to other states.
[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.]
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Wyoming income tax
Wyoming has no state income tax.
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 Property Tax Breaks for Retirees
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
Wyoming tobacco taxes
Product | Tax Amount |
---|---|
Cigarettes | $0.60 per pack |
Other Tobacco Products | 20% of the wholesale price |
Source: Sales Tax Handbook
Wyoming alcohol taxes
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.
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As the senior tax editor at Kiplinger.com, Kelley R. Taylor simplifies federal and state tax information, news, and developments to help empower readers. Kelley has over two decades of experience advising on and covering education, law, finance, and tax as a corporate attorney and business journalist.
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