IncomeBy County

Washakie County, Wyoming

Income Data

U.S. Census Bureau ACS
-15% vs. Wyoming average
$62,648
Median Household Income
$36,030
Per Capita Income

At a Glance

Median Household Income
$62,648
-15% vs. state avg
Per Capita Income
$36,030
-9% vs. national
Income-to-Housing Ratio
33.2%
income as % of home value
Rank in Wyoming
#20 / 23
by median household income

Economic Indicators

Unemployment Rate
N/A
Labor Force Participation
N/A

How Washakie County Compares

Washakie County$62,648
Wyoming Average$73,360
National Median$74,755

Detailed Income Statistics

$62,648
Median Household Income
$36,030
Per Capita Income
$188,600
Median Home Value
33.2%
Income-to-Housing Ratio

Income Advisory: Washakie County

Income Verdict

Washakie County has a median household income of $62,648 and per capita income of $36,030 — a gap of $26,618, suggesting a higher share of single-earner or non-family households.

Housing Affordability

With median gross rent at $725/month and a median household income of $62,648, rent consumes approximately 13.9% of monthly income — well within affordable thresholds.

Economic Context

With a median household income of $62,648, residents of Washakie County likely face budget constraints in higher-cost regions but may find cost of living manageable locally. Per capita income of $36,030 is in line with national norms for individual earners.

Neighbor Context

Washakie County earns approximately 14.6% below the Wyoming state median household income of $73,360.

Data Story

About Household Income in Washakie County, Wyoming

Washakie Below National Average

Washakie County's median household income of $62,648 falls 16% below the U.S. median of $74,755, placing the county in the bottom third nationally. This $12,107 gap reflects limited economic diversification and outmigration of younger workers.

Lowest Income in Wyoming

Washakie ranks last among Wyoming's 23 counties, with income $10,712 below the state average of $73,360. Its per capita income of $36,030 trails the state average by $4,192, indicating weak individual and household earnings.

Struggling Against Regional Peers

Washakie's $62,648 income trails every county in this seven-county group, falling $8,207 below Sheridan, the next-lowest earner. The gap widens dramatically toward mountain and energy-rich counties like Teton and Sublette.

Housing Costs Strain Limited Incomes

At 13.9%, Washakie's rent-to-income ratio remains below the 30% threshold, but with lower overall incomes, housing represents a larger burden relative to available disposable income. The median home value of $188,600 is most affordable in the group, yet still demands careful household budgeting.

Start Small, Build Consistently

Washakie households earning $62,648 should prioritize building a $1,000 emergency fund first, then automate even small monthly savings into retirement accounts—$50 monthly compounds significantly over decades. Seek employer matching programs and low-cost index funds to maximize every dollar invested.

Frequently Asked Questions

What is the median household income in Washakie County, Wyoming?
The median household income in Washakie County, Wyoming is $62,648, 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 Washakie County?
The per capita income in Washakie County is $36,030, 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 $62,648.
How does Washakie County compare to the Wyoming average?
Washakie County's median household income of $62,648 is lower than the Wyoming state average of $73,360. The per capita income is $36,030, compared to the state average of $40,222.
What is the per capita income in Washakie County, Wyoming?
The per capita income in Washakie County, Wyoming is $36,030, 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 Washakie County a low-income area in Wyoming?
Washakie County's median household income of $62,648 is below the Wyoming average of $73,360. The per capita income of $36,030 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 Washakie County rank for income in Wyoming?
Washakie County ranks #20 out of 23 counties in Wyoming by median household income (1 = highest). With a median household income of $62,648 and per capita income of $36,030, it falls in the bottom third of counties statewide.

Income Comparison Calculator

See how your household income compares in Washakie County

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Your income is above the Washakie County median

County median: $62,648 per year

vs. County Median

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vs. State Average

-15%

vs. National Median

-16%

vs. Washakie County MedianAbout equal
vs. Wyoming Average▼ 15% below
vs. National Median▼ 16% below

Income Adequacy

Monthly income covers median rent7.2x

Your monthly income ($5,221) vs. median rent ($725/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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Counties with Similar Income Levels

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Richmond city
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$62,615
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$62,608
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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

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

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