Personal Taxes

Tax-Friendly Wyoming

The positive condition of Wyoming’s state finances makes Wyoming “tax friendly” to residents and businesses alike. The state’s largest source of revenue is mineral extraction, with the second being the tourism industry, resulting in one of the lowest tax burdens in the country. 

Our Tax Structure for Individuals 

State Personal Income Tax  NONE
State Estate (Inheritance) Tax    NONE
Sheridan County or City Earnings Tax  NONE

Sheridan County Sales Tax
(no sales tax on groceries (“food for home consumption”))

 6%

Residental Property Tax 
Example: $250,000 home in the City of Sheridan

$1,700
annual

Vehicle License Fee – based on current value of vehicle 

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