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Wyoming · County property tax · ACS 2024

Teton County Property Taxes

The median homeowner in Teton County pays $7,267 a year, an effective rate of 0.44%, far above the U.S. average.

$7,267
Median tax / yr · Highest-decile bill
0.44%
Effective rate · Very low rate
+265%
vs U.S. average
#23 of 23
rank in WY

The verdict

Homeowners in Teton County pay a median $7,267 a year in property tax, an effective rate of 0.44%, more affordable than 90% of U.S. counties (Census ACS 2024).

$7,267
Median annual tax bill, 2024
0.44%
Effective rate on median home
#318 of 3135
U.S. counties by tax burden
+265%
vs the national average bill

Effective rate is the median property tax bill divided by the median home value ($1,633,900). U.S. Census Bureau, ACS 5-Year Estimates · 2024.

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Census Bureau ACS property tax data for Wyoming. Population: 23,396. Owner-occupied homes: 5,735.

The median annual property tax in Teton County is $7,267, which is 311% higher than the Wyoming state average and 265% above the national average. The effective tax rate is 0.44% on a median home value of $1,633,900. Property taxes represent 5.9% of the median household income in this county.

Why Teton County's ACS bill runs high vs the U.S.

Primary signal

The bill sits well above the national median

Homeowners in Teton County pay a median annual property tax of $7,267, far above the national median and far above the Wyoming state median. On a $1,633,900 median home, that works out to an effective rate of 0.44% once the local assessment base and millage are combined.

Decision signal 2

Income carries a heavy tax share

Property taxes in Teton County run a bit above the commonly cited 2%-4% national benchmark, at about 5.9% of the $124,172 median household income.

Decision signal 3

High among Wyoming counties by effective rate

Teton County ranks #23 of 23 counties in Wyoming by effective rate (0% of in-state counties pay a lower rate).

Decision signal 4

The effective rate is a national tailwind

Teton County's 0.44% effective rate is among the lowest of 3,135 tracked counties: roughly 90% pay a higher rate.

Decision signal 5

The latest release moved the bill up

Since 2023, the published ACS median estimate has jumped 33.0%, from $5,462 to $7,267. This compares two release estimates; it does not identify a local policy, assessment, exemption, or household-bill cause.

Informational notice

Figures describe the median homeowner household in Teton County as reported to the Census Bureau; your parcel can differ. Not tax, legal, or financial advice: check the county assessor or a qualified professional before decisions that depend on these numbers.

Median Annual Tax
$7,267
Highest-decile bill
+311% vs State +265% vs US
Median Home Value
$1,633,900
+428% vs State +617% vs US
Effective Tax Rate
0.44%
Very low rate
-23% vs State -52% vs US

How to read this county's bill

The bill here climbed steeply over 2020-2024, up 81% from $4,015 to $7,267. These ACS medians describe the reported change; they do not identify whether a levy, assessment, home value, or change in the responding households caused it.

The heaviest band is also the fullest one here: 4,502 of 5,735 owner-occupied homes (78.5%) report annual real-estate taxes above $3,000. That band has no upper edge in the source, so the county median understates the burden carried by the plurality rather than describing it.

The most forgiving PAIRING in the data, top-quartile household income with a bottom-quartile effective rate, puts the median bill at 5.9% of median household income. Home values still drive the dollar figure, which is why the ratio above varies widely among counties that share this position.

The share above is the median annual bill divided by median household income, a ratio of two county-level medians rather than a household-by-household figure.

What Teton County Homeowners Actually Pay

The single largest group of Teton County homeowners, 4,502 of 5,735 owner-occupied homes (78.5%), pays $3,000 or more a year. The median is one point in this spread, not a typical bill.

  • Less than $800 3.2% (181)
  • $800 to $1,499 9.2% (530)
  • $1,500 to $1,999 2.1% (123)
  • $2,000 to $2,999 4.7% (270)
  • $3,000 or more 78.5% (4,502)

Census ACS 2024, table B25102. Bands and the no-tax share sum to 100%.

129 homes here (2.2%) report no real estate tax at all. Exemptions are set by state: how Wyoming handles assessments and appeals.

With vs Without Mortgage

With Mortgage
$5,519
$460/mo
Without Mortgage
$9,744
$812/mo

In Teton County, mortgaged homeowners pay 43% less than those without a mortgage, a striking inversion from the national norm that's worth cross-checking against the historical table above.

Teton County's bill vs state & U.S. medians

Median annual bill bars around Teton County's SPIKE ACS 2024 figure.

Teton County $7,267
Wyoming median $1,767
U.S. median $1,993

Teton County's median bill is 311% above the Wyoming median and 265% above the U.S. median.

A low rate, a bigger bill

Teton County taxes property at 0.44%, roughly 23% below the Wyoming average, and still bills a median $7,267, about 311% above the state figure. Because the effective rate is the bill divided by the home's value, that combination means local home values run well ahead of the state norm: a gentler rate applied to a larger base.

Teton County vs Benchmarks

Metric Teton County Wyoming Avg U.S. Avg
Median Annual Tax Highest-decile bill $7,267 $1,767 $1,993
Effective Tax Rate Very low rate 0.44% 0.57% 0.92%
Median Home Value $1,633,900 $309,700 $227,791
Tax as % of income Highest-decile income burden 5.9% - -

Source: U.S. Census Bureau, ACS 5-Year Estimates. Tax-burden differences across rows reflect millage decisions, assessment-ratio practices, and the residential-vs-commercial mix of each tax base.

Is Teton County's $7,267 median bill appeal-worthy?

At Teton County's $7,267 ACS median (SPIKE), a 10% assessment cut is worth about $727/yr before exemptions. Appeal Savings Estimator · appeal guide for Wyoming.

Teton County bill trail · SPIKE

$3,000$4,000$5,000$6,000$7,000$8,000 20202021202220232024 $7,267
Teton County ACS median tax 2020–2024: +81% ($4,015 → $7,267).
Year Median Tax (vs prior release) Effective Rate
2024 $7,267 +33.0% 0.44%
2023 $5,462 +15.6% 0.40%
2022 $4,723 +8.5% 0.42%
2021 $4,354 +8.4% 0.46%
2020 $4,015 0.47%

Each row is a separate ACS 5-year release, and consecutive releases share four of their five survey years. The percentage beside each bill is therefore movement in the published estimate against the previous release, not a single year's tax change. The two releases largely describe the same households. For change over time, compare releases that do not overlap.

Teton County: tax takes 5.9% of income

Tax-to-Income Ratio
5.9%
of median household income
Median Income
$124,172
per year
Monthly Tax
$606
per month

Counties near Teton County's median bill

On effective rate, Teton County sits nearest Roane County (WV), Greenbrier County (WV), Buchanan County (VA).

On published median-tax change, the nearest matches are Dimmit County (TX), Sabine Parish (LA), Pitkin County (CO).

How peers are chosen

These are the nearest cross-state matches in the published Census data, not neighboring counties or recommendations. Peers are rebuilt with each data release; see the calculation method.

Teton County: only 15% of returns show Schedule A real-estate tax

Tax year 2022: 2,320 of 15,210 returns from Teton County reported real estate taxes, averaging $24,949 - 67% of those reporters sat in the $200k+ AGI band.

What this IRS county file does not say

Amounts are reported before the SALT cap, not deducted; the share is of filers, not homeowners. Source: IRS SOI county data, tax year 2022.

Other Counties in Wyoming

View all counties in Wyoming →

Teton County bill FAQs

How does Teton County property tax compare to the national average?
Property taxes in Teton County run far above the national median of $1,993, an effective rate of 0.44% versus 0.92% nationally.
What is the average property tax in Teton County, Wyoming?
The median annual property tax in Teton County is $7,267, an effective rate of 0.44% on a $1,633,900 median home (Census ACS, 2024).
Are property taxes increasing in Teton County?
The ACS median property-tax bill for Teton County is recorded at $7,267 in the 2024 5-year release against $4,015 in 2020. That is a large swing, and it should be read as movement in a survey estimate rather than as a tax change: the median here rests on about 5,735 owner-occupied homes, and swings above 50% are roughly twelve times more common in the smallest counties than in the largest. Treat the two figures as imprecise and check the county assessor for actual rate changes.
What percentage of income goes to property taxes in Teton County?
Property taxes in Teton County run a bit above the commonly cited 2%-4% national benchmark, at about 5.9% of the $124,172 median household income.
What is the tax affordability score for Teton County?
Teton County, Wyoming scores D (42/100) on PlainPropertyTax's tax affordability composite across 5 Census ACS dimensions (effective rate, bill size, income share, mortgage gap, and home-value/income). Its strongest scored dimension here is mortgage premium at A+ ($-4,225). The score compares published county medians to U.S. percentiles, it is not a personal bill and not advice to buy, sell, appeal, or relocate.

What to do with Teton County's SPIKE bill

Teton County's $7,267 median bill sits well above the U.S. median - size a personal estimate before treating the county headline as your budget. Estimate your bill →

Income burden is elevated here: about 5.9% of Teton County's $124,172 median household income goes to the property-tax bill.

Nationwide peers by median bill (then rate)

Bill-first peers for Teton County's SPIKE median, then a disjoint out-of-state rate set, not the same-state geography lattice.

Similar effective rate

Nearest out-of-state counties by ACS effective rate. This county: 0.44%.

Similar median bill

Nearest out-of-state counties by ACS median annual tax. This county: $7,267/yr. Rate peers are excluded so the two link sets stay distinct.

Read with Teton County

Nearest ABS(median_tax) ACS peers for Teton County (QUIET · SPIKE), replacing the old fixed Keep exploring strip.

QUIET SPIKE

Data vintage and method

Data as of 2024. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates.

Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.

Source: U.S. Census Bureau American Community Survey 5-Year Estimates, county median real-estate taxes · 2024 Teton County (QUIET · SPIKE) - ACS medians, not a parcel bill.