Hot Springs County, Wyoming
Income Data
At a Glance
How Hot Springs County Compares
Detailed Income Statistics
Data Story
About Household Income in Hot Springs County, Wyoming
Hot Springs trails national income
Hot Springs County's median household income of $64,375 falls about $10,400 below the U.S. median of $74,755. This puts the county in the lower half nationally, though many rural counties face similar gaps.
Below average for Wyoming
Hot Springs ranks below Wyoming's state average of $73,360, placing it in the lower tier among the state's 23 counties. The $9,000 gap reflects the county's reliance on smaller-scale industries.
Competing with basin neighbors
Hot Springs' $64,375 income compares unfavorably to nearby Natrona County ($71,247) but outpaces Niobrara County ($48,987). Regional economic variation suggests targeted industry development could shift the trajectory.
Housing remains affordable here
At 18.2%, Hot Springs' rent-to-income ratio is healthy and below the recommended 30% threshold, suggesting residents are well-positioned on housing costs. With a median home value of $214,400, homeownership remains accessible compared to state and national trends.
Build savings with stable housing
Because housing costs consume less than one-fifth of median income, households have room to direct dollars toward emergency funds and retirement accounts. Even modest regular investments can compound significantly over time—start with automatic transfers, even small ones.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Hot Springs County median
County median: $64,375 per year
vs. County Median
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vs. State Average
-12%
vs. National Median
-14%
Income Adequacy
Your monthly income ($5,365) vs. median rent ($976/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.