WYOMING – Real estate property tax is always a big deal for Teton County residents as well as those across the state. It’s also a concern for legislators looking for ways to raise revenue since the state has no income tax.

Just how does Wyoming compare to the rest of the country when it comes to property tax rates?

Each year, the average American household spends $2,279 on real estate property taxes plus another $440 for residents of the 27 states with vehicle property taxes. With such high costs, it’s no surprise that more than $14 billion in property taxes go unpaid each year, according to the National Tax Lien Association.

In order to determine who pays the most relative to their state, the personal-finance website WalletHub this week released its 2019 Property Taxes by State report, which compares home and vehicle taxes across the nation and features insights from a panel of experts.

Property Taxes in Wyoming (1st=Lowest; 25th=Avg.):

  • Real-Estate Property Tax Rank: 9th
  • Vehicle Property Tax Rank: 40th
  • Real-Estate Tax on Median State Home Value: $1,256
  • Real-Estate Tax on Median U.S. Home Value: $1,186
  • Vehicle Property Tax on Best-Selling Car: $438.30