The Most Tax-Friendly States in the U.S. - Wyoming Ranks #1
According to the latest Kiplinger study regarding the Most and the Least Tax Friendly states in the U.S., Wyoming is ranked #1! Alaska, Florida and Nevada follow in #2, 3 and 4th positions.These states also have no state tax.
Here are some of the reasons why we live in Wyoming where the taxes are low and the scenery is the best!
- State Income Tax: None
- Aveg. State & Local Taxes: 5.42%
- Gas Taxes and Fees: 24 cents per gallon (national avg. is 30 cents)
According to Kiplinger, Wyoming tops this tax-friendly list, because although the price of oil is declining, the revenues from our Mineral Rights continue to flow.
Among the fact that Wyoming has no state income tax, prescription drugs and most groceries are tax exempt. And for those who like to have a beer now and then, Wyoming, at 2 cents per gallon, has the lowest beer tax in the United States!
We can live large in Wyoming as well because our state property taxes are the 9th lowest in the country! If you are considering buying or selling a property to live move than comfortably, Wyoming is THE state to move to! Our state's average size of ranches and farms is also ranked first in the U.S. at 2,736 acres. The median price of a home in Wyoming is just 201,000 and the average property tax on a home of that value is only $1,206. The ninth lowest in the U.S.
At a time when many other states are facing massive debts (and tax hikes to make up for them), our economy is as robust as our most rugged residents.
The Mercatus Center at George Mason University, an education, research and outreach organization, ranked Wyoming third in its analysis of states’ fiscal health. The University is the world’s premier university source for market-oriented ideas—bridging the gap between academic ideas and real-world problems. This is a thriving campus that keeps Wyoming fresh.
Cheyenne continues to grow and offer many amenities. Cheyenne is also host to the World's Largest Rodeo every July!
- The number of active listings in CHEYENNE (82001) increased by 3.2% from the previous month.
- The median number of days active properties have been listed is 39. This is significantly shorter than the national average.
- The number of sales in January dropped by 89.4% from the previous month.