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Thursday, November 21, 2024

Wyoming's Q4 2022 property tax revenue up 220.4% from previous quarter

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Director Brenda Henson - Wyoming Department of Revenue | Wyoming Department of Revenue

Director Brenda Henson - Wyoming Department of Revenue | Wyoming Department of Revenue

Wyoming collected $173 million in property taxes during the fourth quarter of 2022, a 220.4% increase over the third quarter of 2022, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

Property tax revenue for the third quarter of 2022 was $54 million.

Overall, Wyoming collected $848 million in combined tax revenues in the the fourth quarter of 2022, an increase from the $442 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.

Q4 2022 Wyoming Tax Collections
Type of TaxAmount (millions)
Property Taxes$173
Sales and Gross Receipts Taxes$285
License Taxes$42
Other Taxes$348
Source: U.S. Census Bureau

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