Rate Breakdown

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

How Property Tax Works in Lincoln County

Property taxes in Lincoln County, Wyoming, are based on the assessed value of your property and the mill levy (tax rate) set by local taxing authorities. Here’s how the process works:

• Assessment: The Lincoln County Assessor’s Office determines the taxable value of your property, typically at 9.5% of its fair market value for residential properties and 100% for mineral productions.
• Mill Levy: Tax rates (mill levies) are applied per $1,000 of assessed value. These rates are set by entities like school districts, counties, and municipalities.
• Calculation: Your tax bill is calculated by multiplying the assessed value by the total mill levy. For example, a home valued at $300,000 would have an assessed value of $28,500 (9.5%), and with a mill levy of 70 mills, the annual tax would be $1,995.

Available Exemptions

Wyoming offers several property tax exemptions to eligible residents. In Lincoln County, you may qualify for the following:

• Homestead Exemption: Provides a reduction in taxable value for primary residences. Applicants must occupy the home as their primary dwelling.
• Senior Citizen Exemption: Available to residents aged 65+ who meet income requirements. This exemption can reduce the taxable value of your home by up to 50%.
• Veteran Exemption: Disabled veterans may qualify for partial or full exemptions based on their disability rating.
• Disability Exemption: Individuals with permanent disabilities may be eligible for tax relief, similar to the senior exemption.

Applications for exemptions must be filed with the Lincoln County Assessor’s Office by the specified deadlines.

Payment Schedule & Deadlines

Lincoln County property taxes are typically due in two installments:

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

If payments are not received by the deadlines, penalties and interest will apply:

• A 10% penalty is added to late payments after the due date.
• Interest accrues monthly at a rate set by state law.

Taxpayers may also opt to pay the full amount by the first deadline to avoid splitting payments.

Appealing Your Assessment

If you believe your property has been overvalued, you can appeal the assessment in Lincoln County:

• Step 1: Contact the Lincoln County Assessor’s Office to discuss your valuation. Many disputes are resolved informally.
• Step 2: File a formal appeal with the County Board of Equalization by the deadline (usually within 30 days of the assessment notice).
• Step 3: Present evidence, such as recent comparable sales or an independent appraisal, to support your claim.
• Step 4: If unsatisfied with the Board’s decision, you may appeal to the State Board of Equalization.

Deadlines are strict, so act promptly if you intend to appeal.