WYOMING PAYCHECK CALCULATOR

No Income Tax Ranked #1 by Tax Foundation for 2026 Lowest Property Tax in the Region

Wyoming doesn’t tax individual income at all, and that single fact carries a lot of weight: the Tax Foundation’s 2026 State Tax Competitiveness Index ranks Wyoming first overall in the entire country, ahead of every other state. There’s no corporate income tax either, no estate tax, and no inheritance tax. A 4% statewide sales tax and a property tax rate around 0.53% round out a system that’s about as light-touch as state tax policy gets in the US.

A Wyoming paycheck is about as simple as it gets: federal income tax, Social Security, and Medicare, and that’s the whole list. No state income tax line, no local income tax anywhere in the state, and no state disability insurance or paid family leave deduction either. What you earn before those three federal items is basically what lands in your account. To see how that compares elsewhere in the region, check the South Dakota paycheck calculator, the Colorado paycheck calculator, or the Montana paycheck calculator.

Every Deduction on a Wyoming Paycheck

• Federal income tax: Withheld based on your W-4, using the 2026 federal brackets (10% to 37%) and the federal standard deduction of $16,100 single, $32,200 married filing jointly, or $24,150 head of household.
• Social Security: 6.2% of wages up to $184,500 for 2026. Withholding stops for the rest of the year once you cross that wage base.
• Medicare: 1.45% on all wages, with an extra 0.9% once you earn more than $200,000 single or $250,000 married filing jointly.
• Not deducted from your paycheck: Wyoming has no state income tax, no local income tax anywhere in the state, no state disability insurance, and no paid family leave tax on employees. Unemployment insurance is entirely employer paid.

How Wyoming Cut Property Taxes in 2025

Income tax gets the headlines, but the more consequential recent change in Wyoming has actually been property tax. Senate File 69, signed by Governor Mark Gordon on March 4, 2025, created a new 25% exemption on the first $1 million of fair market value for single-family homes. Here’s how the rollout has worked.

Tax Year	What Applied	Occupancy Requirement
2025	25% exemption on first $1 million of fair market value	None, any owner of a qualifying single-family structure got it
2026	Same 25% exemption continues	Owner must occupy the home at least 8 months of the year, affidavit due to the county assessor by March 1

The bill applies to the structure and the land underneath it, which sets it apart from earlier, narrower relief measures. Wyoming Public Media reported that county assessors expect most homeowners to see meaningful savings, with Teton County, home to Jackson, expecting close to the maximum benefit given how high home values run there. The exemption sits alongside older programs like the Long-Term Homeowners Exemption for residents 65 and older who’ve paid property tax in Wyoming for 25 years or more, though a household can only use one of these exemptions at a time.

Wyoming vs Nearby States at $70,000 (Single Filer)

Wyoming’s biggest selling point next to its neighbors is straightforward: no income tax bill to calculate at all. Here’s how a $70,000 single filer’s state tax bill compares. Figures are state income tax only and do not include federal tax or FICA.

State	State Tax Structure	State Tax Owed on $70k	Sales Tax
Wyoming	No income tax	$0	4% (state)
South Dakota	No income tax	$0	4.2% (state)
Colorado	Flat 4.4%	~$2,372	2.9% (state)
Montana	2 brackets, 4.7% and 5.65%	~$2,594	0%

Wyoming and South Dakota are the only two states in the country with neither an individual nor a corporate income tax, which puts them in a category of their own regionally. Colorado and Montana both charge a meaningful income tax bill at this income level, though Montana claws some of that back with zero sales tax. For someone choosing purely on paycheck size, Wyoming and South Dakota come out ahead of both by a clear margin.

Wyoming’s Tax Trade-Offs, Honestly

Category	Wyoming	National Picture
Income tax	None, for individuals or corporations	Only 8 other states share this for individuals
Sales tax	4% state, about 5.36% combined with local add-ons	Below the national average combined rate
Property tax	Effective rate around 0.53%, with a new 25% homestead exemption on top	Among the lowest in the country
Estate/inheritance tax	None	Most states have neither, but Wyoming ranks well even among that group

The Tax Foundation is candid about why Wyoming tops its rankings: without an income tax, the state simply can’t have the structural problems that come with designing one. That said, the model isn’t free of tension. Wyoming leans heavily on severance taxes from mineral extraction and pipeline property taxes to fund government, a revenue base that ties the state’s finances to commodity price cycles in a way income or sales tax states don’t experience the same way.

Retirees and Remote Workers: Why Wyoming Draws Interest

Wyoming shows up often on relocation shortlists for two groups in particular. Retirees benefit from the complete absence of tax on Social Security, pensions, or any other retirement income, since there’s no income tax at all to apply. Remote workers get a cleaner setup too: earnings aren’t taxed at the state level regardless of who the employer is or where they’re based, which sidesteps the double-taxation questions that come up in states with a “convenience of the employer” rule. Both groups still pay federal tax exactly as they would anywhere else, and property tax remains a real cost for homeowners even at Wyoming’s comparatively low rate, but the paycheck itself sees fewer subtractions than in almost any other state.

Federal Tax on a $70,000 Salary, Worked Out

Federal tax applies the same way in Wyoming as it does everywhere else, and with no state tax to layer on top, it ends up being nearly the whole story on a Wyoming pay stub. Take a single filer earning $70,000 in 2026.

1. Start with $70,000 gross income.
2. Subtract the 2026 federal standard deduction for single filers, $16,100. Taxable income: $53,900.
3. The first $12,400 is taxed at 10%: $1,240.
4. The next chunk, from $12,400 to $50,400, is taxed at 12%: $38,000 times 12% is $4,560.
5. The remaining $3,500 (from $50,400 to $53,900) falls in the 22% bracket: $770.
6. Total federal tax: $1,240 plus $4,560 plus $770 equals $6,570.

That’s an effective federal rate of about 9.4% on $70,000 gross. Add Social Security and Medicare on top, and this person’s total tax withholding for the year comes to roughly $11,925, meaning close to 83% of gross pay reaches their bank account, a figure that would be several thousand dollars lower in almost any state with its own income tax.

Frequently Asked Questions

The Bottom Line

Wyoming’s paycheck advantage is about as clean as it gets among US states: no income tax means fewer lines on your pay stub and a bigger gap between gross and net pay than almost anywhere else. The state backs that up with genuinely low property taxes and now an added homestead exemption for owner-occupants, though its reliance on mineral and severance revenue to fund government is worth keeping in mind for anyone thinking long-term about the state’s fiscal footing rather than just this year’s paycheck.