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Tuesday, April 22, 2025

Q2 2024: Wyoming's combined tax revenues up 31.5% since Q1 2024

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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 $906 million in total tax revenues during the second quarter of 2024, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

These tax revenues stem from various sources, including property tax, sales and gross receipts tax, licenses, income tax, and miscellaneous tax.

The majority of the state’s tax revenue was collected through severance taxes ($447 million) and general sales and gross receipts taxes ($282 million).

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 2024 Wyoming Tax Collections
Type of TaxAmount (millions)
Other Taxes$447
Sales and Gross Receipts Taxes$282
Property Taxes$110
License Taxes$62

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