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Taxes in Wyoming, Michigan

Complete tax guide for Wyoming, MI. State income tax up to 4.25%, 1.58% property tax, 8.95% sales tax. Calculate your total tax burden.

State Income Tax

4.25%

Michigan

Property Tax

1.58%

Effective rate

Sales Tax

8.95%

Combined rate

Tax Burden

High

Wyoming, MI Tax Overview

Population

76,234

Median Income

$54,000

Cost of Living

87.4 (100 = avg)

State Income Tax

4.25%

Local Income Tax

2.91%

Median Home Price

$217,000

Wyoming Tax Calculator

Pre-filled with Wyoming median: $54,000

Total Tax Burden in Wyoming

$12,439

Take-Home: $41,561 · Effective Rate: 23.04%

Federal Tax

$4,442

8.22% eff.

MI State + Local

$3,866

7.16% eff.

FICA

$4,131

7.65% eff.

Take-Home

$41,561

76.97% kept

Tax Breakdown

Take-Home 76.96%
Federal
MI
FICA
Take-Home Federal Tax MI State + Local Tax FICA
ItemAnnualMonthly
Gross Income$54,000.00$4,500.00
Federal Income Tax-$4,441.50-$370.13
Michigan State Tax-$2,295.00-$191.25
Wyoming Local Tax (2.91%)-$1,571.40-$130.95
Social Security (6.2%)-$3,348.00-$279.00
Medicare (1.45%)-$783.00-$65.25
Take-Home Pay$41,561.10$3,463.42

Property Tax in Wyoming

Median Home

$217,000

Annual Tax

$3,429

Monthly Tax

$286

Effective Rate

1.58%

vs. National Average (1.1%)+$1,042/yr
Median Property Tax Paid$3,429/yr

Sales Tax in Wyoming

Combined Rate

8.95%

State Portion

~6.4%

Local Portion

~2.5%

The combined sales tax rate in Wyoming is 8.95%, which is above the national average of 7.12%. On a $100 purchase, you would pay $8.95 in sales tax.

Tax Burden Comparison

Tax TypeWyomingMichigan AvgNational Avg
Income Tax4.25% + 2.91%4.25%4.6%
Property Tax1.58%~1.58%1.1%
Sales Tax8.95%~8.95%7.12%
Overall BurdenHighModerate

Tax Saving Tips for Wyoming Residents

  • Michigan's income tax rate of 4.25% is competitive. You may still benefit from maximizing 401(k) contributions ($23,500 limit) to reduce your taxable income at both state and federal levels.
  • Wyoming has a local income tax of 2.91%. If you work remotely, verify whether you owe city tax based on where you work or where you live. Some cities only tax people who work within city limits.
  • Property tax in Wyoming (1.58%) is above the national average. Check if you qualify for homestead exemptions or assessment appeals to reduce your property tax bill.
  • The combined sales tax rate of 8.95% is relatively high. Consider making large purchases in lower-tax jurisdictions or online retailers that do not charge local tax rates.
  • Use a Health Savings Account (HSA) if eligible. Contributions are tax-deductible ($4,300 individual, $8,550 family), growth is tax-free, and withdrawals for medical expenses are tax-free.

Calculate Your Full Michigan Tax Burden

See detailed state tax brackets, FICA breakdown, and compare to neighboring states.

Frequently Asked Questions

What are the tax rates in Wyoming, MI?

Wyoming, Michigan has a state income tax rate up to 4.25%, plus a local income tax of 2.91%. The property tax rate is 1.58% and the combined sales tax rate is 8.95%.

How much is property tax in Wyoming?

The effective property tax rate in Wyoming is 1.58%. On the median home price of $217,000, this equals approximately $3,429 per year or $286 per month. This is above the national average of 1.1%.

What is the sales tax rate in Wyoming?

The combined sales tax rate in Wyoming is 8.95%, which includes both state and local components. This is above the national average combined rate of approximately 7.12%.

How does Wyoming's tax burden compare to other cities?

Wyoming has a high overall tax burden. The effective total tax rate for a median-income household is approximately 31.5%. The combination of 4.25% state income tax, 1.58% property tax, and 8.95% sales tax determines the total burden. Cost of living index is 87.4 (100 = national average).

Are there any local taxes in Wyoming?

Yes. Wyoming imposes a local income tax of 2.91% in addition to the state income tax of 4.25%.