83001 Property Tax Rate

Property owners in ZIP code 83001 (Jackson, Wyoming) pay a median of $5,239/year in property taxes on homes valued at $1,369,000. This translates to an effective tax rate of 0.38%, which is 29% below the Wyoming state average of 0.54%.

The monthly property tax burden for a median-valued home in 83001 is approximately $437, which factors into escrow payments on mortgages. This ZIP code is located within Teton County. This is $3,601 more than the Wyoming average of $1,638/year.

Compared to similar ZIP codes in Wyoming, 83001 has higher property taxes. ZIP codes with similar effective rates include 82212 (0.38%) and 82441 (0.37%).

In Jackson, property taxes represent approximately 4.6% of the median household income of $114,402, providing context for the relative tax burden on homeowners in this area.

Wyoming law requires all property to be assessed at 9.5% of market value with reassessment to purchase price at sale and no annual increase limits for homeowners. Teton County offers a Homestead Exemption for primary residences that reduces your taxable assessed value; submit your exemption application to the Teton County Assessor within 30 days of closing to ensure the benefit applies to your first tax year. Obtain your Notice of Valuation from the Teton County Assessor, confirm the homestead exemption is applied, and file a protest within 30 days if you believe the assessed value is inaccurate.