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Updated 2025 Tax Year

Sublette County
Property Tax Guide

Everything you need to know about property taxes in Sublette County, WY. Rates, due dates, exemptions, and how it affects your monthly payment.

10 Official Sources
8 min read
Quick Facts
Tax Rate
~0.5% effective rate (varies significantly by special districts - school, fire, improvement districts)
Exemptions
4+ Available
Section 1

How Property Tax Works

Sublette County, Wyoming operates under a property tax system that funds essential local services including schools, county government operations, fire protection, and various special districts. Property taxes in Sublette County are based on assessed value, which is determined by applying Wyoming's assessment ratios to the market value of real property as established by the county assessor.

The effective property tax rate in Sublette County is approximately 0.5% for the 2025 levy year, though actual rates vary significantly by location within the county due to special taxing districts such as school districts, fire districts, and other local improvement districts. Property owners should expect their specific tax rate to differ based on which special districts serve their property location. The county uses these tax revenues to maintain roads, fund emergency services, support the school system, and provide other essential municipal services to residents.

Section 2

What Makes Up Your Tax Bill

ComponentRateDescription
County General~0.15%Basic county operations and services
School Districts~0.25%Local school district funding (varies by district)
Fire Districts~0.05%Fire protection and emergency services
Special Districts~0.05%Water, sewer, lighting districts (location-dependent)
Total Estimated~0.50%Combined rate for levy year 2025

Note: These rates are estimates for the 2025 levy year and vary significantly based on your property's location within Sublette County. Properties may be subject to additional special district assessments not listed above. Contact the Sublette County Assessor's Office for your specific tax rate based on your property's taxing districts.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Sublette County, property taxes are due in two installments:

Pro tip: If you pay through mortgage escrow, your lender splits these payments across your monthly mortgage. If you pay directly, set calendar reminders to avoid late penalties.
Section 4

Supplemental Tax Bills

Sublette County issues supplemental tax bills when there are mid-year changes to property ownership or improvements that affect assessed value. The most common triggers include property sales that result in reassessment, completion of new construction, or additions to existing structures that weren't included in the annual assessment.

Supplemental taxes are calculated by applying the current tax rate to the difference between the new assessed value and the previous assessed value, prorated for the portion of the tax year remaining. For example, if a property's assessed value increases by $50,000 due to completed renovations in January, and the tax rate is 0.5%, the supplemental tax would be approximately $250 ($50,000 × 0.005) for that tax year. These supplemental bills are typically issued within 30-60 days of the triggering event and have separate due dates from regular property tax bills.

Example Calculation

Example 1: $300,000 Property

  • Market Value: $300,000
  • Assessed Value (residential rate): $300,000 × 9.5% = $28,500
  • Less: Homeowner's Tax Credit (if applied): -$7,125 (25% reduction)
  • Net Taxable Value: $21,375
  • Annual Tax: $21,375 × 0.50% = $107
  • Monthly Escrow: $9

Example 2: $600,000 Property

  • Market Value: $600,000
  • Assessed Value: $600,000 × 9.5% = $57,000
  • Less: Homeowner's Tax Credit (if applied): -$14,250
  • Net Taxable Value: $42,750
  • Annual Tax: $42,750 × 0.50% = $214
  • Monthly Escrow: $18

Example 3: $1,000,000 Property

  • Market Value: $1,000,000
  • Assessed Value: $1,000,000 × 9.5% = $95,000
  • Less: Homeowner's Tax Credit (if applied): -$23,750
  • Net Taxable Value: $71,250
  • Annual Tax: $71,250 × 0.50% = $356
  • Monthly Escrow: $30

Note: Tax credits shown require application and approval. Actual rates vary by specific taxing districts.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Sublette County require property tax escrow accounts for borrowers with less than 20% down payment, though some lenders may require escrow regardless of down payment amount. Your lender collects monthly escrow payments equal to 1/12 of your estimated annual property tax bill, plus insurance premiums, and pays these bills on your behalf when due.

Property taxes in Sublette County are due December 1st each year, and lenders typically pay these bills in late November or early December. Your lender will provide an annual escrow statement showing all deposits and payments made from your account. If your property taxes increase due to reassessment or rate changes, your lender will adjust your monthly escrow payment accordingly, though they may require you to make up any shortage over 12 months or in a lump sum, depending on federal escrow regulations and your loan terms.

How HonestCasa Helps
  • Understand whether your escrow is set correctly
  • See how rising taxes will change your monthly payment
  • Plan ahead instead of being surprised by "shortage" letters
Section 6

Frequently Asked Questions

Q: When are property taxes due in Sublette County for the current fiscal year? A: Property taxes are due December 1st annually. For the 2025 levy year, taxes are due December 1, 2025.

Q: What tax credits are available and do I need to apply? A: The primary tax credit is the Homeowner's Tax Credit, which provides a 25% reduction of assessed value for qualifying single-family residential properties. This credit requires an application to be filed with the county assessor and is not automatic.

Q: How does the Homeowner's Tax Credit work? A: This credit reduces your assessed value by 25% for qualifying residential properties. It does not cap assessment increases but provides a direct reduction in taxable value. You must apply for this credit - it is not automatically applied.

Q: What veterans' benefits are available? A: Wyoming offers a Veterans Property Tax Exemption for qualifying disabled veterans. This requires application with supporting documentation. Contact the Sublette County Assessor's office for specific eligibility requirements and application procedures.

Q: How often are properties reassessed? A: Wyoming requires properties to be reassessed periodically, with residential properties typically reassessed every 4-6 years. However, properties may be reassessed upon sale or significant improvement.

Q: What are the penalties for late payment? A: Late payments incur penalties and interest charges. Contact the Sublette County Treasurer's office for specific penalty rates and payment options.

Q: Can I pay property taxes online? A: Contact the Sublette County Treasurer's office to inquire about online payment options and accepted payment methods.

Q: How do I appeal my property assessment? A: Assessment appeals must be filed with the Sublette County Board of Equalization within specific deadlines, typically in May or June. Contact the county assessor's office for appeal forms and procedures.

Q: Why do tax rates vary within Sublette County? A: Different areas are served by different combinations of school districts, fire districts, and special improvement districts, each with their own tax levies, resulting in varying total tax rates throughout the county.

Q: Where can I find information about special district taxes? A: Contact the Sublette County Clerk's office or visit the county website for information about which special districts serve your property and their current tax rates.

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