Rate Breakdown

Property taxes in Laramie County are calculated by multiplying the assessed value (minus exemptions) by the total local millage rate.

How Property Tax Works in Laramie County

Property taxes in Laramie County are calculated based on the assessed value of your property and the millage rates set by local taxing authorities. The Laramie County Assessor's Office determines the assessed value by evaluating the market value of your property and applying a percentage, typically 9.5% for residential properties and 11.5% for commercial properties. This assessed value is then multiplied by the millage rate, which is the amount of tax per $1,000 of assessed value. Millage rates are established by the county, school districts, and other local entities to fund public services.

• Assessment Process: Properties are reassessed annually to reflect current market conditions.
• Millage Rates: Rates vary depending on the location and taxing districts within the county.

Available Exemptions

Laramie County offers several property tax exemptions to eligible residents:

• Homestead Exemption: Available to homeowners who use their property as their primary residence. This exemption reduces the assessed value by a specific amount.
• Senior Citizen Exemption: Residents aged 65 or older may qualify for a reduction in property taxes if they meet income requirements.
• Disability Exemption: Individuals with permanent disabilities may be eligible for tax relief based on their income and disability status.
• Veteran Exemption: Veterans with service-related disabilities may qualify for property tax exemptions. Additional benefits are available for surviving spouses of veterans.

To apply for exemptions, contact the Laramie County Assessor's Office with the required documentation.

Payment Schedule & Deadlines

Property taxes in Laramie County are typically due in two installments:

• First Installment: Due November 10th.
• Second Installment: Due May 10th of the following year.

Payments can be made online, by mail, or in person at the Laramie County Treasurer's Office. If taxes are not paid by the deadline, penalties and interest will accrue, and the property may eventually be subject to a tax lien or foreclosure.

Appealing Your Assessment

If you believe your property has been over-assessed, you can appeal the valuation. The appeals process in Laramie County involves the following steps:

• Informal Review: Contact the Assessor's Office to discuss your concerns. Many issues can be resolved at this stage.
• Formal Appeal: If unresolved, file a formal appeal with the Laramie County Board of Equalization within 30 days of receiving your assessment notice.
• Hearing: Present evidence, such as recent appraisals or comparable property values, during your hearing.
• Decision: The Board will issue a decision, which can be further appealed to the Wyoming State Board of Equalization if necessary.

Act promptly, as deadlines are strictly enforced.