TaxGrader

Taxes in Wyoming: Income, Sales, and Property Tax Guide

Top Income Tax Rate

No Income Tax

Combined Sales Tax

5.4%

Avg Property Tax Rate

0.6%

Median Household Income

$72,495

How Wyoming Compares to National Average

IRS Statistics of Income Data

Average AGI

$58,000

Average Tax Liability

$7,500

Itemized Deduction Rate

25.0%

Avg SALT Deduction

$5,200

Avg Mortgage Interest Deduction

$9,000

Avg Charitable Deduction

$5,800

Source: IRS Statistics of Income (2022 tax year)

What This Means for You

Wyoming is one of the states that does not levy a state income tax. This can mean significant tax savings compared to high-tax states, though Wyoming may compensate through higher sales tax, property tax, or other fees. Consider the full tax picture when evaluating the cost of living.

Frequently Asked Questions

Does Wyoming have an income tax?

No, Wyoming does not have a state income tax.

What is the sales tax in Wyoming?

The combined state and local sales tax rate in Wyoming is approximately 5.4%.

How does Wyoming compare to other states?

Visit our state comparison page or use the Compare tool to see how Wyoming's tax burden compares to neighboring states and the national average.

Related Resources

Data sources: Tax Foundation (2024), IRS Statistics of Income (2022). TaxGrader is not a CPA, tax advisor, enrolled agent, or attorney. This content is for educational and informational purposes only.