An environment-friendly dry powder latex paint and a preparation method thereof. The environment-friendly dry powder latex paint is composed of the following substances in weight percent: 10-45% of white cement, 0.35-0.65% of cellulose ether, 40-75% of calcium carbonate, gray calcium 3-25%, cassava modified starch 0.1-0.5%, wood fiber 0.1-2%, fluorescent whitening agent 0.1-1%, redispersible latex powder 0-25%, titanium dioxide 0-30%, inorganic pigment 0 ~5%, the above-mentioned components are put into the mixer according to the percentage, and the finished product can be obtained after mixing evenly and then packaged. After adding water and stirring evenly, it can be used. It is formed from the bottom to the surface at one time. The invention has high strength, is not easy to crack, and does not Shedding, no peeling, no hollowing, easy coloring, bright colors, not easy to fade, scrub resistance, mildew resistance, environmental protection and pollution-free, low cost, simple packaging, convenient transportation, simple construction, etc., can be widely used inside and outside buildings Wall decoration.