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Saturday, October 19, 2024

Higher property tax revenue in Wyoming during Q2 2022

Wyoming collected $78 million in property taxes during the second quarter of 2022, a 66% increase over the first quarter of 2022, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

Property tax revenue for the first quarter of 2022 was $47 million.

Overall, Wyoming collected $862 million in combined tax revenues in the the second quarter of 2022, an increase from the $596 million collected in the previous quarter.

In addition to detailed tax revenue data from each state, the Quarterly Summary of State and Local Government Tax Revenue includes an estimate of state and local government tax revenue at a national level.

The Census Bureau cautions that it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments.

Q2 2022 Wyoming Tax Collections
Type of TaxAmount (millions)
Property Taxes$78
Sales and Gross Receipts Taxes$324
License Taxes$60
Other Taxes$398
Source: U.S. Census Bureau

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