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Wyoming Paycheck Calculator

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Wyoming has no income tax, no corporate tax, and relatively low property taxes compared to other no-income-tax states like Texas (which has notably high property taxes) and New Hampshire (which has some of the highest property taxes in the nation). If you are comparing no-income-tax states for relocation, look at the total tax picture including sales tax, property tax, and any special assessments. Wyoming combination of no income tax, moderate sales tax (4-6%), and reasonable property taxes makes it one of the lowest total-tax-burden states in the country for most workers.

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Wyoming has no income tax, no corporate tax, and no tax on retirement income, yet it maintains one of the healthiest state budgets in the nation thanks to its mineral wealth. The Wyoming Permanent Mineral Trust Fund, established in 1974, has accumulated over $8 billion by saving a portion of mineral extraction tax revenue. This endowment-like approach, inspired by similar funds in Alaska and Norway, helps stabilize the state budget during commodity price downturns and may eventually provide enough investment income to sustain state services even if mineral extraction declines.

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Reviewed May 2026
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