Wyoming mortgage calculator
Estimate your monthly payment for a home in Wyoming, with property tax at the state average of 0.57% and home insurance included. Rates use the 7.4% national 30-year average from Freddie Mac (week of October 8, 2026).
Estimated monthly payment
- Loan amount
- $247,760
- Down payment
- $61,940
- Interest over 30 years
- $369,798
- Income needed (28% guideline)
- $84,248 a year
Estimate only. Mortgage insurance (PMI) is added when the down payment is under 20%. Real taxes, insurance and lender fees vary by property.
How this is calculated. Principal and interest use the standard fixed-rate loan formula. Property tax uses the Wyoming average effective rate: the median real estate tax paid divided by the median home value. Home insurance is a general estimate that you can change.
Sources: Freddie Mac mortgage rate survey, week of October 8, 2026; U.S. Census Bureau American Community Survey, 2020–2024. Updated October 2026. Full methodology.
What a typical home costs per month in Wyoming
A home valued at the Wyoming median of $309,700 (the Census Bureau's figure for owner-occupied homes), bought with 20% down at 7.4% over 30 years, comes to about $1,966 a month. That is $1,715 in principal and interest, $147 in property tax and $103 in insurance.
Over a year that is 31.0% of the state's median household income of $76,176. Keeping housing costs near 28% of gross income would take a household income of about $84,248.
Property tax in Wyoming
Wyoming has the 37th highest effective property tax rate of the 50 states at 0.57%, below the typical state rate of 0.80%. The median Wyoming homeowner pays $1,767 a year.
| Home price | Tax per year | Tax per month |
|---|---|---|
| $200,000 | $1,141 | $95 |
| $300,000 | $1,712 | $143 |
| $400,000 | $2,282 | $190 |
| $500,000 | $2,853 | $238 |
| $750,000 | $4,279 | $357 |
These figures apply the statewide average rate. Rates differ between counties and taxing districts, and some homes qualify for exemptions.
States with similar property tax rates
- New Mexico0.70% (34th highest)
- California0.70% (35th highest)
- North Carolina0.66% (36th highest)
- Arkansas0.55% (38th highest)
- Louisiana0.55% (39th highest)
- West Virginia0.53% (40th highest)
Questions about Wyoming mortgage payments
What is the property tax rate in Wyoming?
The average effective property tax rate in Wyoming is 0.57%. Census Bureau data shows homeowners paid a median of $1,767 a year on homes with a median value of $309,700. Your own rate depends on your county, city and school district.
How much is the monthly mortgage payment on a median-value home in Wyoming?
About $1,966 a month including property tax and insurance, assuming 20% down at 7.4% on a 30-year loan. Principal and interest alone come to $1,715.
How much income do I need to buy a home in Wyoming?
A common guideline keeps housing costs under 28% of gross income. For the median-value home above, that works out to about $84,248 a year. Lenders also look at debts, credit score and savings, so your own number may differ.
Does this calculator include property tax and insurance?
Yes. It adds property tax at 0.57% of the home price and home insurance at 0.4% of the home price as a starting estimate. Change either number to match a real quote. Mortgage insurance is added automatically when the down payment is under 20%.
Last updated October 2026. See the methodology for sources and limits.