ExecutivePulse
WY

Wyoming

FIPS 56 · Population 582,397
6 Sources Updated June 22, 2026
582,397
Population
334,922,499 U.S.
$76,176
Median Income
$80,734 national
$51.5B
GDP
3.1%
Unemployment
4% national

County Map

Click a county to view its economic profile

Demographics & Population

Census Bureau American Community Survey 2024 · 5-Year Estimates

Household Income

Source: U.S. Census Bureau · American Community Survey 2024 5-Year Estimates
Median Household
$76,176
Per Capita
$42,668
Mean Household
$100,641
Poverty Rate
10.5%

Age & Race / Ethnicity

Source: Census Bureau ACS 2024 · Tables B01001, B02001, B03003
65+: 18.5% (107,862 residents) 55-64: 12.7% (73,680 residents) 35-54: 24.6% (143,533 residents) 18-34: 21.6% (126,055 residents) Under 18: 22.5% (131,267 residents) 39 Median Age
Cohorts
Under 18 · 22.5%
18-34 · 21.6%
35-54 · 24.6%
55-64 · 12.7%
65+ · 18.5%
Race & Ethnicity
White84.5%
Black or African American0.9%
Asian0.8%
Hispanic or Latino(any race)10.7%
Hispanic or Latino is an ethnic category and overlaps with the race categories above.

Educational Attainment

Source: Census Bureau ACS 2024 · Table B15003 · Population 25+
94.2%
High School+
National: 89.6%
▲ +4.6 pts
30.6%
Bachelor's+
National: 35.7%
▼ 5.1 pts
11.5%
Graduate+
National: 14.1%
▼ 2.6 pts

Employment Overview

Source: U.S. Census Bureau · American Community Survey 2024 5-Year Estimates
582,397
Population
303,643
Labor Force
Employed
288,713
Unemployment Rate BLS LAUS 2024 annual
3.1%
Mean Commute 8 min below national avg
18.8 min
Work From Home vs 15.1% national
9.4%
Wyoming's median household income sits 6% below the national median. At 10.5%, its poverty rate runs 2.0 pts below the ~12.5% national level, relevant for federal funding eligibility narratives. Bachelor's-or-higher attainment of 30.6% trails the national average of 35.7%.
Source: U.S. Census Bureau American Community Survey 2024 5-Year Estimates (released December 2025). Figures reflect the most recent Census release, older news reports may cite prior vintages.
Key Takeaways
  • Talent gap: Bachelor's-or-higher attainment trails the national average by 5.1 pts, relevant for advanced-services attraction strategy.

Economy & Industry

Bureau of Labor Statistics QCEW · Bureau of Economic Analysis

$51.5B
Gross Domestic Product · 2024
Source: Bureau of Economic Analysis · SAGDP1 Regional GDP

Top Industries by Employment

Source: Bureau of Labor Statistics · Quarterly Census of Employment & Wages 2025 Annual
IndustryEmployment% of Top SectorsAvg Wage
1Retail Trade
30,231 23.7%
$38,715
2Health Care and Social Assistance
26,519 20.8%
$55,542
3Construction
23,386 18.3%
$73,631
4Mining, Quarrying, and Oil and Gas Extraction
15,490 12.1%
$109,807
5Professional, Scientific, and Technical Services
11,398 8.9%
$95,320
6Administrative and Support and Waste Management
9,680 7.6%
$58,412
7Wholesale Trade
7,981 6.2%
$82,016
8Educational Services
2,148 1.7%
$47,619
9Management of Companies and Enterprises
950 0.7%
$211,282
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Key Takeaways
  • Largest sector: Retail Trade employs 30,231 workers (23.7% of the tracked sectors), at an average wage of $38,715.
  • Economic scale: State GDP of $51.5B (2024).
Source: BLS QCEW + BEA Regional GDP.

Industry Concentration

Location Quotient measures regional specialization vs. national average. LQ > 1.0 = concentrated.

Concentrated Industries
Source: BLS QCEW · 3-digit NAICS sub-sector · Location Quotient vs. national employment share
Same source as the Top Industries table above, sub-sector view surfaces specialization the supersector view masks.
Mining (except Oil and Gas)
19.93x
6,786
Support Activities for Mining
13.32x
6,424
Oil and Gas Extraction
10.77x
2,280
Pipeline Transportation
9.89x
1,006
Petroleum and Coal Products Manufacturing
4.76x
942
Animal Production and Aquaculture
4.16x
2,032
Heavy and Civil Engineering Construction
2.59x
5,550
Gasoline Stations and Fuel Dealers
2.29x
4,351
Building Material and Garden Supply Retailers
1.55x
3,838
Rental and Leasing Services
1.52x
1,575

Attraction Opportunities - Below-Average Industries

LQ < 0.5, below-average employment, potential attraction targets. Source: BLS QCEW · 3-digit NAICS sub-sector
0.15x
Miscellaneous Manufacturing
165 employed
0.20x
Management of Companies and Enterprises
950 employed
0.23x
Support Activities for Agriculture and Forestry
158 employed
0.23x
Computer and Electronic Product Manufacturing
407 employed
0.24x
Primary Metal Manufacturing
157 employed
0.28x
Plastics and Rubber Products Manufacturing
361 employed
0.29x
Food Manufacturing
918 employed
0.31x
Machinery Manufacturing
617 employed
Key Takeaways
  • Top specialization: Mining (except Oil and Gas) concentrates at 19.93x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity.
  • Cluster depth: 10 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base across the state.
  • Attraction whitespace: 8 sub-sectors register LQ < 0.5, candidates for diversification or recruitment.
Source: BLS QCEW sub-sector Location Quotients.
Industry Employment Composition
Wyoming's Top Sectors by Workforce Share
Each rectangle's area is proportional to that sector's share of the top private supersectors. Hover for exact employment.
Source: Bureau of Labor Statistics QCEW 2025 Annual · Private sector, NAICS supersectors

Housing & Affordability

Census ACS · HUD Fair Market Rents FY2026

Housing Overview

Source: Census Bureau ACS 2024 5-Year Estimates · Tables B25001, B25077, B25064
$309,700
Median Home Value vs 2019
$992
Rent/Mo
71.8%
Owner-Occ
12.2%
Vacancy
4.1x
Home Value to Income Ratio
vs. ~4.1x national average

HUD Fair Market Rents (Statewide)

Renter-household-weighted average across 23 Fair Market Rent areas · Source: HUD · Fair Market Rents FY2026
Studio
$792/mo$664 to $1,252
1 Bedroom
$856/mo$734 to $1,260
2 Bedroom
$1,079/mo$963 to $1,653
3 Bedroom
$1,461/mo$1,189 to $2,216
4 Bedroom
$1,796/mo$1,454 to $2,730
30% of monthly median household income (~$1,904/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
  • In line with national: Home value to income ratio of 4.1x sits near the ~4.1x national average; affordability is neither a clear advantage nor a recruitment friction.
  • High home ownership: 71.8% owner-occupied; rental supply may be tight for incoming workers.
  • Elevated vacancy: 12.2% vacancy rate; potential redevelopment opportunity.
Source: Census ACS housing tables.

Workforce Pipeline

Labor force readiness, commuting, and workforce composition

Labor Market Overview

Source: Census ACS 2024 · Tables B01001, B23025, B08303, B08301
343,268
Working Age (18-64) vs 2019
Labor force participation rate: 67.3% of working-age population (18-64) 67% Participation
▼ vs 2019
Mean Commute
18.8 min
Work From Home
9.4%

Education & Talent Pipeline

Source: Census ACS 2024 · Table B15003 · College Scorecard
Bachelor's+
30.6%
HS Diploma+
94.2%
Top Institutions
Degrees, certificates, and other credentials awarded last academic year (College Scorecard).
University of Wyoming 3,198/yr
Martinsburg College 888/yr
Casper College 796/yr
Laramie County Community College 770/yr
WyoTech 680/yr
Northern Wyoming Community College District 672/yr

Aging Workforce

Source: Census Bureau ACS · Derived from age & employment tables
21.5%
55-64 of working-age population (18-64)
Elevated retirement risk, above the 20% threshold. Succession planning recommended.

Workforce by Occupation

Source: Census ACS 2024 · Table C24010 · Civilian employed population 16+
Management / Professional
39.3%
Service
16.5%
Sales & Office
17.6%
Construction / Maint.
14.2%
Production / Transport
12.3%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 288,713 employed workers.
Key Takeaways
  • Short commutes: 18.8-minute mean commute is a quality-of-life and labor-access advantage for site selectors.
Source: ACS workforce data.

County Profiles

23 counties in Wyoming

Albany County FIPS 56001 Big Horn County FIPS 56003 Campbell County FIPS 56005 Carbon County FIPS 56007 Converse County FIPS 56009 Crook County FIPS 56011 Fremont County FIPS 56013 Goshen County FIPS 56015 Hot Springs County FIPS 56017 Johnson County FIPS 56019 Laramie County FIPS 56021 Lincoln County FIPS 56023 Natrona County FIPS 56025 Niobrara County FIPS 56027 Park County FIPS 56029 Platte County FIPS 56031 Sheridan County FIPS 56033 Sublette County FIPS 56035 Sweetwater County FIPS 56037 Teton County FIPS 56039 Uinta County FIPS 56041 Washakie County FIPS 56043 Weston County FIPS 56045

AI Insights

AI-assisted analysis, drawn from 6 federal data sources

Sample AI Insight

Wyoming shows strong potential for mining (except oil and gas) attraction, with a 19.93x concentration and 6,786 jobs in this sub-sector.

Cluster depth across mining (except oil and gas), support activities for mining, and oil and gas extraction creates supply-chain attraction leverage, a structural advantage for industrial recruitment.

Industry Shift Analysis

Manufacturing Automation Risk
High
Healthcare Growth Forecast
+4.2% CAGR
Remote Work Migration
67/100

Prospect Match Scores

Advanced Manufacturing
92/100
Life Sciences
84/100
Data Centers
71/100
Illustrative example

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Data Sources

Updated from official federal government data.

Census ACS 5-Year2024
BLS QCEW2025
BEA Regional GDP2024
Census CBP2024
HUD Fair Market RentsFY2026
USAspending.govFY2026

Frequently Asked Questions

Key economic and demographic figures for Wyoming, from federal data sources.

What is the population of Wyoming?

582,397 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the median household income in Wyoming?

$76,176 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the unemployment rate in Wyoming?

3.1% (2024 annual average, U.S. Bureau of Labor Statistics, LAUS).

What is the GDP of Wyoming?

$51.5B (BEA SAGDP (state GDP)).