82701 Property Tax Rate

Property owners in ZIP code 82701 (Newcastle, Wyoming) pay a median of $1,443/year in property taxes on homes valued at $218,400. This translates to an effective tax rate of 0.66%, which is 23% above the Wyoming state average of 0.54%.

The monthly property tax burden for a median-valued home in 82701 is approximately $120, which factors into escrow payments on mortgages. This ZIP code is located within Weston County.

Compared to similar ZIP codes in Wyoming, 82701 has lower property taxes. ZIP codes with similar effective rates include 82201 (0.66%) and 82227 (0.67%).

In Newcastle, property taxes represent approximately 1.6% of the median household income of $88,843, providing context for the relative tax burden on homeowners in this area.

Wyoming law requires all property to be assessed at 9.5% of actual market value with immediate reassessment at sale—there is no annual cap or homestead deferral. Weston County Assessor administers a Homestead Exemption for primary residences that exempts a portion of your home's assessed value from school and county taxes. File your Homestead Exemption application with the Weston County Assessor within 30 days of closing and request written confirmation of the exemption amount applied to your first tax bill.