Property Tax & Income in Albany County, Wyoming
Albany County has an effective property tax rate of 0.58%. On the median home value of $333,000, that's roughly $1,925 per year. Median household income is $61,917.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Albany County | Wyoming (state context) |
|---|---|---|
| Effective property tax rate1 | 0.58% | 0.56% |
| Median home value1 | $333,000 | — |
| State income tax3 | No state income tax | No state income tax |
| State sales tax3 | 5.39% combined | 5.39% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Albany County, WY
In Albany County, Wyoming, the median home value sits at $333,000, and the annual property tax bill on such a home comes to about $1,925. That works out to an effective rate of 0.578%, which edges past Wyoming's statewide median of 0.563% and ranks 7th among the state's 23 counties. Buyers weighing a move to Laramie or the smaller communities of Bosler and Buford should know the national median rate is 0.794%, so this county still taxes property well below what many Americans pay. With a median household income of $61,917 and per-capita income of $37,723, the yearly tax equals roughly three percent of a household's earnings. That relationship between home prices, local wages, and tax rates shapes what carrying a home here actually costs.