County property tax calculator
Property Tax Calculator for Washakie County
Washakie County taxes property at 0.700%, below the 1.07% national average. On the county's median home value of $188,600, that works out to $1,320 per year, or $110 per month in escrow — a lighter monthly load than most of the country. Counties with rates in this range often lean on sales tax, state transfers, or other revenue sources to fund services, which keeps the property tax burden lower for homeowners. For buyers who plan to hold long-term, the cumulative savings versus a high-tax market can be substantial. Escrow will still fluctuate with assessments, but the baseline rate gives a predictable starting point. The lower effective rate here also means escrow adjustments have a smaller absolute impact on monthly payments when property assessments change year over year. Buyers who plan to hold the home for a decade or more often find this matters more than the initial purchase price gap against higher-tax neighbors, especially once equity builds and the tax line becomes a smaller percentage of total carrying cost. Washakie County is one of the more affordable markets in Wyoming. A median home value of $188,600 places entry-level pricing within reach for first-time buyers and investors alike. With FHA loans at 3.5% down or VA loans at 0%, the barrier to entry is often the lowest in the region. Lower valuations also mean lower absolute tax bills and insurance premiums. The trade-off may be distance from major employment centers or access to specific school districts. Buyers exploring this tier should compare commute cost and time against the lower purchase price. Rental demand in entry-priced markets is often steady, which supports the investor case. With entry-level pricing and access to first-time buyer programs, this market often allows buyers to enter with a smaller cash reserve than premium or expensive tiers would require.
Property Tax Details
National average is 1.07%
Used to project future tax burden
Annual Property Tax
$0
Insights
Property Tax Landscape in Washakie County
Washakie County's 0.700% rate tracks close to Wyoming's average of 0.61%. There is no meaningful deviation for local buyers — the county sits in the middle of the state's tax picture. On a median home, the annual tax burden is close to what a buyer would expect anywhere in Wyoming. This alignment makes the county easy to compare against others in the state without adjusting for tax rate. Escrow analysis follows the same pattern as state peers. For buyers considering multiple counties in Wyoming, this one will feel familiar on the tax line. Within Wyoming, Washakie County ranks as the 1th highest of 23 counties by effective property tax rate.
Washakie County is one of the more affordable markets in Wyoming. A median home value of $188,600 places entry-level pricing within reach for first-time buyers and investors alike. With FHA loans at 3.5% down or VA loans at 0%, the barrier to entry is often the lowest in the region. Lower valuations also mean lower absolute tax bills and insurance premiums. The trade-off may be distance from major employment centers or access to specific school districts. Buyers exploring this tier should compare commute cost and time against the lower purchase price. Rental demand in entry-priced markets is often steady, which supports the investor case. Median household income in Washakie County runs below the Wyoming state average at $62,648. Buyers here often rely on FHA, USDA, or state down-payment assistance programs to make the numbers work. The price-to-income ratio of 3.0x reflects a balanced profile for the region — median-income buyers have reasonable access to the market. Median gross rent runs $725 per month, giving renters a baseline to compare against ownership costs in the same market.
Property Tax Scenarios — Washakie County
Entry-level markets still carry ongoing tax obligations. The scenarios below show what annual and monthly escrow looks like across five price points, from below median to above. Buyers evaluating a first purchase here should use these numbers to plan the full monthly carrying cost, not just principal and interest.
| Home Value | Annual Tax | Monthly Escrow | 10-Year Total |
|---|---|---|---|
| $95,000 | $665 | $55 | $6,650 |
| $140,000 | $980 | $82 | $9,800 |
| $190,000 | $1,330 | $111 | $13,300 |
| $285,000 | $1,995 | $166 | $19,950 |
| $375,000 | $2,625 | $219 | $26,250 |
Frequently asked questions
Buyers in low-tax jurisdictions often have specific questions about long-term savings, escrow mechanics, and comparisons with other counties in the state. The answers below use Washakie County's own data.
What is the property tax rate in Washakie County?
Washakie County has an effective property tax rate of 0.700%, below the national average (national average: 1.07%). On a median home of $188,600, that's about $1,320 per year, or $110 monthly through escrow.
How much are property taxes on a home in Washakie County?
At the county median of $188,600, annual property taxes run roughly $1,320, collected through mortgage escrow at about $110 per month.
How does Washakie County compare to Wyoming?
Washakie County's 0.700% rate is essentially in line with Wyoming's statewide average of 0.61%. The difference equals about $170 per year on a median home.
What is the median income in Washakie County?
Median household income in Washakie County is $62,648 (Census ACS 2023). Median gross rent runs $725 per month.
Are property taxes deductible in Washakie County?
Yes, property taxes are deductible on federal returns when you itemize, subject to the SALT cap ($10,000 for most filers). Washakie County homeowners paying $1,320 annually may benefit if their combined state and local tax burden exceeds the standard deduction.
How are property taxes calculated in Washakie County?
The county assessor multiplies your home's assessed value by the local tax rate. On a $188,600 home at the county's effective rate of 0.700%, the annual bill is approximately $1,320.
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Disclaimer: This calculator and the content on this page are for educational purposes only. They do not constitute financial, legal, or tax advice. Rates, loan limits, and eligibility criteria vary by lender, location, and borrower profile. Always consult a licensed financial professional before making borrowing decisions. CalcPier is independent and not affiliated with any lender listed on this page.