Property Tax in Teton County
via TaxByCounty
Teton's low rate masks high bills
Though Teton's 0.398% effective tax rate ranks in the nation's bottom 5%, the median property tax bill of $5,462 is double the national median of $2,690. This paradox reflects Teton's extraordinary median home value of $1.37 million—nearly 5 times the national average.
Lowest Wyoming rate, highest bills
Teton has Wyoming's second-lowest effective tax rate at 0.398%, yet its median tax of $5,462 is more than three times the state average of $1,666. The county's ultra-premium real estate market drives these disparities.
Unique market in the region
Teton's 0.398% rate edges just below Sublette County (0.410%), but Teton's median home value of $1.37 million dwarfs all regional peers, resulting in vastly higher absolute tax bills. The county's exclusive market position makes direct tax comparisons less meaningful.
What your home costs annually
On Teton's median home valued at $1,371,900, homeowners pay approximately $5,462 in annual property taxes. Those with mortgages pay $4,807, while owners without mortgages pay $7,342.
You may be overassessed
With tax bills in the five-figure range, even small percentage errors in assessment translate to thousands in overcharges. Teton County homeowners with high-value properties should strongly consider requesting a professional assessment review or appealing their valuation.