Property owners in Wyoming enjoy a very low property tax rate which is applied to an assessed valuation that is only a faction of the fair market value as of 2006.

Assessed Valuation

Lincoln County	$940,294,497
City of Kemmerer	$9,650,546
Diamondville	$2,174,404

Tax Levy - 2006

County Wide Tax Per $ Assessed Value

School District	31.39 (mills)
County - all other	11.028 (mills)

Additional City Levies

Kemmerer	7.049 (mills)
Diamondville	7.049 (mills)

Industrial property is assessed at 11.5% of market value

Commercial property is assessed at 9.5% of market value

Residential property is assessed at 9.5% of market value

Personal property: equipment and machinery assessed at the same rate as the classification in which it is used.

State Sales, Income and Other Taxes

The Wyoming tax structure is beneficial to residents and businesses.

Wyoming is a great place to do business!

No state or local personal income tax.

No state or local corporate income tax.

No state or local inventory tax.

Retail sales tax 5% (4% state - 1% county) - Lincoln County sales tax collected in 1995 was at $4,836,696 up from the $4,514,979 collected during fiscal 1994. Per capita personal income increased by 4.6% - from $20,378 in 1994 to $21,321 in 1995.

Workers compensation - costs vary from 4.4% to 11.76% depending on occupation. Unemployment compensation - average rate for new employers for first 24 months is 3.33% on the first $11,900 of annual wages.