Wyoming Take-Home Pay Calculator
No State Income TaxEstimate your net paycheck after federal taxes, FICA, and Wyoming state income tax.
Last updated: April 2026
Wyoming Income Tax
Wyoming has no state income tax and low overall tax burden, making it attractive for high earners.
Wyoming State Income Tax: What You Need to Know
Wyoming has no state income tax and low overall tax burden, making it attractive for high earners.
Wyoming is one of nine states with no state income tax, and it consistently ranks as one of the overall lowest-tax states in the country. There is no corporate income tax either. Wyoming funds state government primarily through severance taxes on natural resource extraction — oil, gas, and coal — which means the tax burden is effectively exported to energy consumers elsewhere rather than levied on Wyoming residents. Wyoming has no inheritance or estate tax, making it particularly attractive for wealth transfer planning. The cost of living is moderate, and Wyoming's wide open spaces and outdoor recreation draw remote workers and retirees seeking low taxes and natural beauty. Wyoming also has very business-friendly LLC and trust laws, making it a popular state for business formation even for businesses operating elsewhere.
Living in a no-income-tax state gives you an immediate take-home pay advantage compared to workers in high-tax states. A worker earning $80,000 in Wyoming takes home approximately $6,000–$8,000 more per year than an equivalent worker in California or Oregon.
However, states without income taxes often offset revenue through higher property taxes, sales taxes, or fees. When comparing the overall tax burden between states, consider all taxes — not just income tax.
Wyoming Take-Home Pay Examples (2026, Single Filer)
Estimates based on standard deduction, no pre-tax deductions. Last updated: April 2026.
| Salary | Federal Tax | State Tax | FICA | Take-Home |
|---|---|---|---|---|
| $40,000 | $3,167 | $0 | $3,060 | $33,773 |
| $60,000 | $6,617 | $0 | $4,590 | $48,793 |
| $80,000 | $10,817 | $0 | $6,120 | $63,063 |
| $100,000 | $15,617 | $0 | $7,650 | $76,733 |
Frequently Asked Questions: Wyoming Taxes
Does Wyoming have a state income tax?
No. Wyoming has no state income tax on wages, salaries, or any other type of personal income. Wyoming is one of only nine states without a state income tax. Wyoming workers pay only federal income tax and FICA (Social Security and Medicare) on their paychecks. There is also no Wyoming corporate income tax or franchise tax.
How does Wyoming fund its state government without an income tax?
Wyoming relies heavily on severance taxes on oil, gas, and mineral extraction — revenues that fluctuate with commodity prices. Wyoming also collects sales tax (4% statewide with local additions up to about 6% combined), property taxes, and investment income from the Permanent Wyoming Mineral Trust Fund, a sovereign wealth fund built from decades of resource revenues. This model effectively exports much of the tax burden to energy consumers outside the state.
Is Wyoming a good state for high earners?
Yes. Wyoming combines no state income tax, no estate or inheritance tax, low property taxes, and business-friendly LLC laws. High earners — particularly those with significant investment income, business income, or large estates — often find Wyoming's tax environment more favorable than nearly any other state. Wyoming is frequently used for trust and LLC formation by high-net-worth individuals nationally.
What is Wyoming's sales tax rate?
Wyoming's state sales tax is 4%, with counties allowed to add up to 2% for a combined maximum rate of 6%. Wyoming's combined rate is among the lowest in the Mountain West. Groceries are subject to sales tax in Wyoming (unlike many states), which adds some burden for lower-income households. There is no Wyoming city income tax or local wage tax.
How does Wyoming compare to neighboring states like Montana and Idaho on taxes?
Wyoming has no income tax; Montana has a 5.9% top rate and Idaho has a 5.8% flat rate. For a $80,000 earner, Wyoming means roughly $4,700 less in state taxes than Montana and $4,640 less than Idaho annually. Colorado (4.4%) and Utah (4.65%) are also lower-tax neighbors but still collect income tax. Wyoming's no-income-tax status is its primary advantage over every neighboring state.
What is Wyoming's minimum wage in 2026?
Wyoming's minimum wage is $5.15/hour for most workers — which sounds shockingly low, but the federal minimum of $7.25/hour preempts it, so the effective minimum is $7.25/hour. Wyoming is one of only a few states whose state minimum is actually below the federal floor. Wyoming does not preempt local governments from setting higher minimums, but no Wyoming city has done so. For workers in Wyoming, this is a meaningful difference compared to Washington ($16.66) or Colorado ($14.81).