Why You Should Consider Buying Land in Wyoming

April 18, 2022

If you’ve had a chance to see our Wyoming ranch property at Wild Horse Ranch, you understand the beauty this country location has to offer. With it’s practically ideal location, near the amenities of Laramie yet surrounded by natural splendor, it’s easy to understand a desire to own Wyoming ranchland here.

There’s more to the state of Wyoming than its natural beauty, though. Those considering investing in Wyoming real estate will find many good reasons to do so.

Wyoming is one of the most tax-friendly states in the country

Especially if you’re thinking of retiring in Wyoming, you’ll appreciate that you’ll pay less in taxes than most places in the U.S.

Wyoming property taxes

Property owners here pay some of the lowest property taxes in the country, averaging 0.623% statewide. In Laramie County, where you’ll find Wild Horse Ranch, property taxes are just a touch higher—they average just 0.646%. In either case, your tax rate here will be just over half the national average of 1.211%.

No income tax

There are only nine states in the country that do not tax your income, and Wyoming is one of them. That includes retirement income earned out-of-state. If you decide to construct your dream retirement home on one of our ranch lots, the state isn’t going to take any of the income you earn while you’re living here.

Open space

Among the top reasons people consider owning ranchland in Wyoming is the state’s wide-open expanses. Even though it ranks tenth in the country in geographic size, its population is less than many cities at only 572,381, according to the most recent estimate in 2019.

That makes it the least populated state in the country. If your retirement dream includes a bit of seclusion, you’ll find it here. If you want access to the outdoors, it’s available in spades. At the same time, Wild Horse Ranch’s location near Laramie puts it just close enough to civilization to have all the resources you might need.

Are you ready to give our Wyoming ranch property a closer look? Click here or give us a call at 877.470.1725 and let us show you around.

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