Property Tax & Income in Teton County, Wyoming
Teton County has an effective property tax rate of 0.45%. On the median home value of $1,633,900, that's roughly $7,267 per year. Median household income is $124,172.
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 | Teton County | Wyoming (state context) |
|---|---|---|
| Effective property tax rate1 | 0.45% | 0.56% |
| Median home value1 | $1,633,900 | — |
| 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 Teton County, WY
Teton County’s effective property tax rate of 0.445% sits well beneath Wyoming’s statewide median of 0.563%, and it ranks 22nd out of the state’s 23 counties. That gap widens further against the national median of 0.794%. The county’s median home value of $1,633,900 yields a median annual tax bill of $7,267 — high in dollar terms, yet the rate itself stays restrained, a reflection of how steep valuations interact with a low millage. Household income data reinforce the picture: median household income reaches $124,172, and per-capita income is $89,594. Jackson, the largest community here, anchors a county where property taxes claim a smaller share of value than in most of Wyoming and the country as a whole.