Laramie County, Wyoming

Income Data

+6% vs. Wyoming average
$77,884
Median Household Income
$42,449
Per Capita Income

At a Glance

Median Household Income
$77,884
+6% vs. state avg
Per Capita Income
$42,449
+8% vs. national
Income-to-Housing Ratio
24.0%
income as % of home value
Rank in Wyoming
#8 / 23
by median household income

How Laramie County Compares

Laramie County$77,884
Wyoming Average$73,360
National Median$74,755

Detailed Income Statistics

$77,884
Median Household Income
$42,449
Per Capita Income
$324,900
Median Home Value
24.0%
Income-to-Housing Ratio

Data Story

About Household Income in Laramie County, Wyoming

Laramie exceeds national average

Laramie County's median household income of $77,884 surpasses the U.S. median of $74,755 by over $3,100. The county ranks in the upper-middle tier nationally, outperforming roughly two-thirds of American counties.

Wyoming's second-tier earner

Laramie County's $77,884 tops Wyoming's state average of $73,360 and ranks among the state's stronger performers. Only Lincoln County ($86,092) significantly outpaces Laramie, making it a relative income powerhouse.

Regional economic engine

Laramie's $77,884 substantially exceeds Hot Springs ($64,375), Johnson ($63,905), and Niobrara ($48,987) counties, reflecting Cheyenne's economic scale. The county's larger population and diverse job market support higher average wages.

Housing remains well-priced

Laramie County's 16.6% rent-to-income ratio sits comfortably below the 30% threshold, indicating solid housing affordability. At $324,900, the median home value is reasonable given the income level, supporting equity-building homeownership.

Invest above baseline retirement

With income exceeding national averages and housing costs controlled, Laramie households can comfortably fund retirement accounts beyond minimums and explore diversified investment portfolios. Consider working with a financial advisor to optimize tax-deferred growth strategies.

Frequently Asked Questions

What is the median household income in Laramie County, Wyoming?
The median household income in Laramie County, Wyoming is $77,884, 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 Laramie County?
The per capita income in Laramie County is $42,449, 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 $77,884.
How does Laramie County compare to the Wyoming average?
Laramie County's median household income of $77,884 is higher than the Wyoming state average of $73,360. The per capita income is $42,449, compared to the state average of $40,222.
What is the per capita income in Laramie County, Wyoming?
The per capita income in Laramie County, Wyoming is $42,449, 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.
Why is Laramie County income higher than the Wyoming average?
Laramie County's median household income of $77,884 is higher than the Wyoming average of $73,360. This difference of $4,524 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does Laramie County rank for income in Wyoming?
Laramie County ranks #8 out of 23 counties in Wyoming by median household income (1 = highest). With a median household income of $77,884 and per capita income of $42,449, it falls in the top third of counties statewide.

Income Comparison Calculator

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County median: $77,884 per year

vs. County Median

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vs. State Average

+6%

vs. National Median

+4%

vs. Laramie County MedianAbout equal
vs. Wyoming Average6% above
vs. National Median4% above

Income Adequacy

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Your monthly income ($6,490) vs. median rent ($1,080/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.