https://wyomingtaxexpert.com/tax/types-of-taxes-in-wyoming-why-its-one-of-the-most-tax-friendly-states/
Wyoming public schools are highly ranked.
https://worldpopulationreview.com/state-rankings/public-school-rankings-by-state
Wyoming's school rankings are good. How do you see this changing, if at all, if Wyoming does away with residential property taxes which currently fund the education system.
Wyoming is among the states with the lowest population density - with approximately 6 people per square mile. Do you think this impacts Wyoming's tax system, and does it have a positive impact or negative one?
Wyoming has a very low minimum wage of $7.25 hr. which is the same as the federal minimum wage. The average annual income is $60,610, and median household income is $72,415. Wyoming's cost of living is lower than the national average. The unemployment rate is lower than in many states.
On the surface, Wyoming seems like a great place to live, especially if a low total tax burden is your main goal. However, there are some things to consider if you are considering a move to Wyoming. These are: the harsh climate, limited urban amenities, low population contributes to feelings of isolation, the distance between necessities can be great depending on where you live. For the most part Wyoming provides a rural lifestyle, which might seem like a good thing, but consider that this also means well water, septic systems, and extensive snow removal, (best get a pickup truck with a snowplow attachment because chances are you will be digging your way out during colder months.
I for one have no plans to move to Wyoming anytime soon. I own mineral rights in Wyoming that generate royalties, primarily from natural gas and crude oil. However, there is no need for me to check on them in person, thank goodness.
