ExecutivePulse
Official Federal Data

Platte County, Wyoming

FIPS 56031 · Population 8,612
9 Sources Updated June 22, 2026
$67,718
Median Income
$80,734 national
4.1%
Unemployment
4% national
$663M
GDP
20.7%
Bachelor's+
35.7% national
Small population: 8,612 residents. These figures come from the U.S. Census Bureau’s American Community Survey 5-year estimates, which carry a wide margin of error for places under 20,000 people. Read each value as an approximate range, and treat year-over-year changes as indicative rather than exact. A small shift can reflect survey sampling, not a real change on the ground.

Demographics & Population

Census Bureau American Community Survey 2020-2024 · 5-Year Estimates

Household Income

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
Median Household
$67,718
Per Capita
$39,225
Mean Household
$85,724
Poverty Rate
7.7% approx.
Median Income Comparison
Platte County$67,718
Wyoming$76,176
National$80,734

Population Profile

Source: Census Bureau ACS 2020-2024 · Tables B01001, B02001, B03003
65+: 27.1% (2,333 residents) 55-64: 15% (1,290 residents) 35-54: 22.3% (1,923 residents) 18-34: 15.4% (1,324 residents) Under 18: 20.2% (1,742 residents) 47 Median Age
Cohorts
Under 18 · 20.2%
18-34 · 15.4%
35-54 · 22.3%
55-64 · 15%
65+ · 27.1%
Race & Ethnicity
White87%
Black or African American0.3%
Asian0%
Hispanic or Latino(any race)8.8%
Hispanic or Latino is an ethnic category and overlaps with the race categories above.

Educational Attainment

Source: Census Bureau ACS 2020-2024 · Table B15003 · Population 25+
92.9%
High School+
National: 89.6%
▲ +3.3 pts
20.7%
Bachelor's+
National: 35.7%
▼ 15.0 pts
7.4%
Graduate+
National: 14.1%
▼ 6.7 pts

Employment Overview

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
8,612
Population
3,739
Labor Force
Employed
3,565
Unemployment Rate BLS LAUS 2025 annual
4.1% ▲ +0.5 pts YoY
Mean Commute 11 min below national avg
15.8 min
Work From Home vs 15.1% national
8.2%
Key Takeaways
  • Income gap: Households earn meaningfully less than the national median, which directly affects retail demand, housing absorption, and tax base.
  • Talent gap: Bachelor's-or-higher attainment trails the national average by 15.0 pts, relevant for advanced-services attraction strategy.
  • Aging population: Median age of 47 is materially above the U.S. norm; succession planning and senior-services demand are real factors.

Economy & Industry

Bureau of Labor Statistics QCEW · Bureau of Economic Analysis

$663M
Gross Domestic Product · 2024
Source: Bureau of Economic Analysis · CAGDP1 Regional GDP

Top Industries by Employment

Source: Bureau of Labor Statistics · Quarterly Census of Employment & Wages 2025 Annual
Top industries by employment in Platte County, Wyoming, with employment, share of top sectors, and average wage
IndustryEmploymentShare of Top 10Avg Wage
1Retail Trade
479 44.8%
$33,013
2Agriculture, Forestry, Fishing and Hunting
189 17.7%
$50,752
3Finance and Insurance
112 10.5%
$69,312
4Professional, Scientific, and Technical Services
93 8.7%
$79,873
5Transportation and Warehousing
91 8.5%
$69,056
6Mining, Quarrying, and Oil and Gas Extraction
84 7.9%
$76,493
7Real Estate and Rental and Leasing
22 2.1%
$46,018
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Key Takeaways
  • Largest sector: Retail Trade employs 479 workers (44.8% of tracked sectors), at an average wage of $33,013.
  • Economic scale: Regional GDP of $663M (2024).
  • Wage stratification: Professional, Scientific, and Technical Services averages $79,873 while Retail Trade averages $33,013, a 2.4x spread in the same local economy, with implications for workforce development and talent strategy.
Source: BLS QCEW + BEA Regional GDP.
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Industry Concentration

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

Location Quotient Analysis

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 the specialization the supersector view masks (e.g., Plastics & Rubber Manufacturing inside the Manufacturing supersector).
Animal Production and Aquaculture
27.54x
159
Gasoline Stations and Fuel Dealers
5.22x
117
Building Material and Garden Supply Retailers
2.83x
83
Motor Vehicle and Parts Dealers
1.92x
84
Food and Beverage Retailers
1.86x
129
Credit Intermediation and Related Activities
1.75x
96
Crop Production
1.50x
17

Cluster Depth

Source: BLS QCEW · Sub-sectors with LQ ≥ 1.5 indicate genuine cluster concentration
Dominant Cluster
Retail Trade Cluster
Coherent grouping of concentrated sub-sectors, signals supply-chain fit for site selectors
413
Cluster Employment
5.22x
Peak LQ
Concentrated Sub-Sectors
Animal Production and Aquaculture
27.54x 159
Gasoline Stations and Fuel Dealers
5.22x 117
Building Material and Garden Supply Retailers
2.83x 83
Motor Vehicle and Parts Dealers
1.92x 84
Food and Beverage Retailers
1.86x 129
Credit Intermediation and Related Activities
1.75x 96
Crop Production
1.50x 17

Attraction Opportunities

LQ < 0.5 with ≥ 50 employed, realistic diversification targets. Source: BLS QCEW
0.40x
Professional, Scientific, and Technical Services
93 employed
Key Takeaways
  • Top specialization: Animal Production and Aquaculture concentrates at 27.54x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity to site selectors.
  • Cluster depth: 7 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base rather than reliance on a single employer or sector.
Source: BLS QCEW sub-sector Location Quotients.
Platte County's Top Sectors by Workforce Share
Each rectangle's area is proportional to that sector's share of total private-sector employment across all NAICS 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 2020-2024 5-Year Estimates · Tables B25001, B25077, B25064
$297,900
Median Home Value vs 2019
$781
Rent/Mo
76.1%
Owner-Occ
17.9%
Vacancy
4.4x
Home Value to Income Ratio
vs. ~4.1x national average

HUD Fair Market Rents

Source: HUD · Fair Market Rents FY2026
Studio
$761/mo
1 Bedroom
$785/mo
2 Bedroom
$963/mo
3 Bedroom
$1,253/mo
4 Bedroom
$1,590/mo
30% of monthly median household income (~$1,693/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
  • In line with national: Home value to income ratio of 4.4x sits near the ~4.1x national average; affordability is neither a clear advantage nor a recruitment friction.
  • High home ownership: 76.1% owner-occupied; rental supply may be tight for incoming workers.
  • Elevated vacancy: 17.9% vacancy rate. In resort, rural, and seasonal markets much of this is recreational/seasonal (second homes), not available supply; confirm the vacancy-by-reason split before treating it as a redevelopment opportunity.
  • Broadly affordable rents: All 5 HUD Fair Market Rent bedroom tiers sit below the 30%-of-median-income affordability threshold (~$1,693/mo), a clear cost-of-living advantage for workforce attraction.
Source: Census ACS housing tables + HUD Fair Market Rents.

Workforce Pipeline

Labor force readiness, commuting, and workforce composition

Labor Market Overview

Source: Census ACS 2020-2024 · Tables B01001, B23025, B08303, B08301
4,537
Working Age (18-64) vs 2019
Mean Commute 11 min below national avg
15.8 min
Work From Home vs 15.1% national
8.2%
Prime-Age Employed (25-54)
81.9%
of prime-age population
Labor force participation rate: 54.4% of working-age population (18-64) 54% Participation
▼ vs 2019

Education & Talent Pipeline

Source: Census ACS 2020-2024 · Table B15003 · College Scorecard
Bachelor's+
20.7%
HS Diploma+
92.9%
Regional / Statewide Institutions
Total credentials awarded
7,004/yr
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
28.4%
55-64 of working-age population (18-64)
Elevated retirement risk, above the 20% threshold. Succession planning recommended.

Workforce by Occupation

Source: Census ACS 2020-2024 · Table C24010 · Civilian employed population 16+
Management / Professional
36.9%
Service
15.4%
Sales & Office
17.7%
Construction / Maint.
14.9%
Production / Transport
15.2%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 3,565 employed workers.
Key Takeaways
  • Succession risk is real: 28.4% of working-age residents are 55-64. Plan for retirements over the next decade and pair attraction strategy with talent retention.
  • Low participation: 54.4% labor force participation suggests untapped capacity; workforce development programs may unlock supply.
  • Short commutes: 15.8-minute mean commute is a quality-of-life and labor-access advantage worth surfacing for site selectors.
  • Talent pipeline: 6 regional institutions feed the workforce; the top three combined produce 4,882 annual credentials.
Source: ACS workforce data and College Scorecard.

AI Insights

AI-assisted analysis, drawn from 9 federal data sources

Sample AI Insight

Platte County shows strong potential for animal production and aquaculture attraction, with a 27.54x concentration and 159 jobs in this sub-sector. It ranks in the top decile nationally. Near-term succession risk is elevated, with 28.4% of the working-age population within 10 years of retirement age.

The interconnected base across animal production and aquaculture, gasoline stations and fuel dealers, and building material and garden supply retailers creates supply-chain attraction leverage rather than single-employer risk, 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 annual
BLS LAUS (via FRED)2025 annual
BEA Regional GDP2024
Census CBP2023
HUD Fair Market RentsFY2026
FCC Broadband Map2024
USAspending.govFY2026
College ScorecardAY 2022-23

Frequently Asked Questions

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

What is the population of Platte County, Wyoming?

8,612 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the median household income in Platte County, Wyoming?

$67,718 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the unemployment rate in Platte County, Wyoming?

4.1% (2025 annual average, U.S. Bureau of Labor Statistics, LAUS).

What is the GDP of Platte County, Wyoming?

$663M (U.S. Bureau of Economic Analysis, CAGDP1).