Taxes in Wyoming

Wyoming Tax Rates, Collections, and Burdens

How does Wyoming’s tax code compare? Wyoming does not have an individual income tax. Wyoming also does not have a corporate income tax. Wyoming has a 4.00 percent state sales tax, a max local sales tax rate of 2.00 percent, and an average combined state and local sales tax rate of 5.22 percent. Wyoming’s tax system ranks 1st overall on our 2022 State Business Tax Climate Index.

Each state’s tax code is a multifaceted system with many moving parts, and Wyoming is no exception. The first step towards understanding Wyoming ’s tax code is knowing the basics. How does Wyoming collect tax revenue? Click the tabs below to learn more! You can also explore our state tax maps, which are compiled from our annual publication, Facts & Figures: How Does Your State Compare?

Top Individual Income Tax Rate

Does Not Have an Individual Income Tax

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State and Local Individual Income Tax Collections per Capita

$0

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State and Local Tax Burden

7.5%

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Top Corporate Income Tax Rate

Does Not Have a Corporate Income Tax

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State Business Tax Climate Index Ranking

1

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State Sales Tax Rate

4.00%

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Average Local Sales Tax Rate

1.22%

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Combined State and Average Local Sales Tax Rate

5.22%

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State and Local General Sales Tax Collections per Capita

$1491

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State Gasoline Tax Rate (cents per gallon)

24¢

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State Cigarette Tax Rate (dollars per 20-pack)

$0.60

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Property Taxes Paid as a Percentage of Owner-Occupied Housing Value

0.56%

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State and Local Property Tax Collections Per Capita

$2062

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Featured Articles

Cigarette Taxes and Cigarette Smuggling by State, 2020

December 6, 2022

Do Unto Others: The Case for State Income Tax Reciprocity

November 16, 2022

2023 State Business Tax Climate Index

October 25, 2022

Where Do People Pay the Most in Property Taxes?

September 13, 2022

Unpacking the State and Local Tax Toolkit: Sources of State and Local Tax Collections (FY 2020)

August 25, 2022

State and Local Sales Tax Rates, Midyear 2022

July 19, 2022

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Do Unto Others: The Case for State Income Tax Reciprocity

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Combined Federal and State Corporate Income Tax Rates in 2022

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Where Do People Pay the Most in Property Taxes?

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Unpacking the State and Local Tax Toolkit: Sources of State and Local Tax Collections (FY 2020)

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State and Local Sales Tax Rates, Midyear 2022

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May 24, 2022

Ranking Property Taxes on the 2022 State Business Tax Climate Index

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Evaluating Wyoming’s Business Tax Competitiveness

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State Sales Tax Breadth and Reliance, Fiscal Year 2021

May 4, 2022

Ranking Unemployment Insurance Taxes on Our 2022 State Business Tax Climate Index

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State and Local Tax Burdens, Calendar Year 2022

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Facts & Figures 2022: How Does Your State Compare?

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Ranking Individual Income Taxes on the 2022 State Business Tax Climate Index

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