Wyoming (WY) · No state income tax · Property tax: 0.61% · Median home (ZHVI): $340,000
As of · Sources: Zillow ZHVI, Tax Foundation, Census ACS, Freddie Mac PMMS
In Wyoming, the median home price is $340,000 as of 2026, which directly determines your loan amount and monthly payment. Property taxes run 0.61% annually — about $2,074/year on a median-priced home — and are typically rolled into your monthly PITI payment. Homeowners insurance averages $1,290/year in Wyoming, adding roughly $108/month to your total housing cost. Since Wyoming has no state income tax, your full federal mortgage interest deduction applies without state-level complications.
Home value, monthly carrying cost, property tax, and insurance are the four levers for the mortgage payment calculator in Wyoming. Every row cites a primary public dataset. Numbers reflect the most recent vintage available; refresh cadence is documented in the methodology.
Every real-estate number on this page runs through the same core identity: the monthly principal-and-interest payment on a fully amortizing fixed-rate loan is M = P · r / (1 − (1+r)^(−n)), where P is the loan principal, r is the monthly rate (annual rate / 12), and n is the term in months. For a typical Wyoming buyer in 2026, P starts from an $340,000 median home value (Zillow ZHVI)[1], minus a standard 20% down payment.
On top of P&I the calculator adds the two Wyoming-specific carrying costs: property tax at the state effective rate of 0.61%[2] and homeowners insurance at roughly $1,290/year (NAIC state average)[3]. The Freddie Mac PMMS national average 30-year fixed rate (6.30% (Freddie Mac PMMS · week of ))[4] drives the payment curve — Wyoming rate quotes can move a few basis points around that number depending on lender, loan size, and credit band.
Calc-specific note: For a fully amortising 30-year fixed, plug Wyoming's ZHVI minus 20% down into the M = P·r/(1−(1+r)^−n) identity — output is principal + interest only.
Worked example — Wyoming
A Wyoming buyer purchasing the median home at $340,000 with 20% down ($68,000) borrows $272,000. At the PMMS 6.30% 30-year fixed, monthly P&I is $1,684. Add $173/month property tax (0.61% effective rate) and the typical Wyoming homeowners premium to reach full PITI.
Same formula, different inputs. Each city name links to its own pSEO page where the calculator is pre-filled with local medians.
| City | Median home | Median rent | HUD FMR 2BR | Median income | Est. P&I |
|---|---|---|---|---|---|
| Cheyenne, WY | $388,719 | $1,434/mo | $1,325/mo | $77,884 | $1,925/mo |
Sources: Zillow ZHVI + ZORI[1], HUD FMR[2], Census ACS[3], Freddie Mac PMMS[4].
Moving one state over changes the mortgage payment numbers. Compare median home value (Zillow ZHVI), top marginal income tax rate, effective property tax rate, and the BEA all-items Regional Price Parity across Wyoming and its border states.
| State | Median home | Top inc tax | Prop tax rate | RPP (US=100) |
|---|---|---|---|---|
| Wyoming (this page) | $340,000 | None | 0.61% | 91.6 |
| Colorado equivalent | $560,000 | 4.40% | 0.51% | 101.9 |
| Idaho equivalent | $465,000 | 5.70% | 0.69% | 92.2 |
| compare to Montana | $460,000 | 5.90% | 0.83% | 91.0 |
| Nebraska side-by-side | $265,000 | 5.20% | 1.73% | 90.3 |
Sources: Zillow ZHVI[1], state Departments of Revenue / Tax Foundation[2], Tax Foundation property taxes[3], BEA Regional Price Parities[4].
These calculators share inputs with the mortgage payment formula, so pair them to pressure-test your answer from multiple angles.
| Metric | Wyoming | National Avg | CO | ID | MT |
|---|---|---|---|---|---|
| Median Home Price | $340,000 | $420,000 | $525,000 | $465,000 | $475,000 |
| Property Tax Rate | 0.61% | 1.07% | 0.51% | 0.84% | 0.84% |
| State Income Tax | None | 4.6%* | 4.63% | 5.8% | 6.84% |
| Avg Insurance Cost | $1,290/yr | $1,544/yr | $1,440/yr | $1,320/yr | $1,320/yr |
| Cost of Living Index | 91.6 | 100 | 110 | 99 | 104 |
| Household Income — p25 | $40,853 | $41,401 | $52,002 | $43,600 | $45,609 |
| Household Income — p50 (median) | $78,600 | $83,592 | $105,855 | $81,700 | $82,000 |
| Household Income — p75 | $130,300 | $153,000 | $176,554 | $137,996 | $142,396 |
*Average of states that levy an income tax. 2026 estimates. [3] Income percentiles from DQYDJ/Census CPS 2024[4].
Track take-home pay: no state income tax means only federal + FICA apply — one of the simpler payroll pictures in the U.S. in Wyoming.
Anchor savings goals to the Wyoming cost of living index (91.6). A national 20% savings rate needs adjustment up or down depending on local expense floors.
Use tax-advantaged accounts first: 401(k), HSA, IRA. Since Wyoming has no income tax, Roth accounts may be especially attractive — you lock in today's zero-state-tax cost forever.
Every number on this page reads from the same CalcFi data repository used by the Live Data pages below — the figures stay consistent.
Home Prices by State
Zillow ZHVI across all 50 states
Property Tax by State
Effective rate × ZHVI = annual bill
Household Income by State
FRED real median + percentile bands
Cost of Living by State
BEA RPP all-items + housing
No-Income-Tax States
Full list + trade-offs
Current Interest Rates
Treasury curve + PMMS + FDIC
CalcFi pSEO pages combine three inputs: (1) the calculator formula itself, which runs client-side so no inputs leave your browser; (2) state-level financial constants from primary public datasets; and (3) national benchmarks for comparison. The Wyoming page uses the property tax rate (0.61%), median home price ($340,000), and no state income tax from the sources listed below.
Refresh cadence:state tax brackets and minimum wage rates are reviewed annually after each state's legislative session. Property tax, median home price, insurance, and cost-of-living figures are reviewed annually against the primary sources. Income percentiles are refreshed when the Census CPS/IPUMS releases update (typically September). Page-level dateModified matches the last editorial review date, shown above.
Known limits: statewide averages mask large intra-state variance — county-level property tax and metro-level home prices differ significantly from the figures shown. For the most precise calculations, cross-check the output against your actual county assessor and the latest federal/state tax tables at filing time.
Use Mortgage Payment Calculator for any city in Wyoming.
Every number on this page cites a primary public dataset. Last reviewed (auto-bumped by the next ISR refresh after an ETL run).
CalcFi does not sell data. If you spot an error, email hello@calcfi.app with the URL and the correct figure.