Albany County, Wyoming

Income Data

-18% vs. Wyoming average
$59,881
Median Household Income
$37,277
Per Capita Income

At a Glance

Median Household Income
$59,881
-18% vs. state avg
Per Capita Income
$37,277
-6% vs. national
Income-to-Housing Ratio
18.6%
income as % of home value
Rank in Wyoming
#22 / 23
by median household income

How Albany County Compares

Albany County$59,881
Wyoming Average$73,360
National Median$74,755

Detailed Income Statistics

$59,881
Median Household Income
$37,277
Per Capita Income
$322,100
Median Home Value
18.6%
Income-to-Housing Ratio

Data Story

About Household Income in Albany County, Wyoming

Albany trails national income average

Albany County's median household income of $59,881 sits about 20% below the U.S. median of $74,755. This gap means families here earn roughly $15,000 less per year than the typical American household, a meaningful difference in purchasing power.

Below-average earner statewide

At $59,881, Albany County ranks near the bottom of Wyoming's income ladder, falling $13,479 short of the state's $73,360 median. Among Wyoming's 23 counties, Albany is among the lower performers in household earning power.

Laramie's income challenge

Albany County neighbors like Carbon ($66,721) and Fremont ($64,646) earn noticeably more per household. Big Horn County to the north reports similar struggles at $60,547, suggesting lower-income clusters in central and northern Wyoming.

Rent is affordable, but tight

At 18.8%, Albany's rent-to-income ratio is manageable and well below the 30% affordability threshold, yet remains the highest among our peer counties. Renters here spend roughly $932 monthly on rent against median household income, leaving adequate room for other expenses.

Build savings despite modest income

With manageable housing costs, Albany County households have genuine opportunity to prioritize savings and retirement planning. Even modest monthly investments in 401(k)s or IRAs compound significantly over time—starting early matters more than starting big.

Frequently Asked Questions

What is the median household income in Albany County, Wyoming?
The median household income in Albany County, Wyoming is $59,881, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Albany County?
The per capita income in Albany County is $37,277, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $59,881.
How does Albany County compare to the Wyoming average?
Albany County's median household income of $59,881 is lower than the Wyoming state average of $73,360. The per capita income is $37,277, compared to the state average of $40,222.
What is the per capita income in Albany County, Wyoming?
The per capita income in Albany County, Wyoming is $37,277, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Is Albany County a low-income area in Wyoming?
Albany County's median household income of $59,881 is below the Wyoming average of $73,360. The per capita income of $37,277 is also lower than the state average of $40,222. Lower incomes can reflect the local economic base, rural vs. urban location, and employment opportunities available in the area.
How does Albany County rank for income in Wyoming?
Albany County ranks #22 out of 23 counties in Wyoming by median household income (1 = highest). With a median household income of $59,881 and per capita income of $37,277, it falls in the bottom third of counties statewide.

Income Comparison Calculator

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County median: $59,881 per year

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vs. State Average

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vs. National Median

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vs. National Median20% below

Income Adequacy

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Your monthly income ($4,990) vs. median rent ($936/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.