Washakie County, Wyoming
Income Data
At a Glance
How Washakie County Compares
Detailed Income Statistics
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?
How much do people earn in Washakie County?
How does Washakie County compare to the Wyoming average?
What is the per capita income in Washakie County, Wyoming?
Is Washakie County a low-income area in Wyoming?
How does Washakie County rank for income in Wyoming?
Income Comparison Calculator
See how your household income compares in Washakie County
Your income is above the Washakie County median
County median: $62,648 per year
vs. County Median
+0%
vs. State Average
-15%
vs. National Median
-16%
Income Adequacy
Your monthly income ($5,221) vs. median rent ($725/mo). A ratio of 3.3x or higher means rent is under 30% of income.
Grow Your Wealth
See how your income stacks up in Washakie County, Wyoming? Start investing smarter with a robo-advisor that builds a diversified portfolio for you.
Start InvestingCounties with Similar Income Levels
Compare Financial Products in Wyoming
Compare savings accounts, CDs, and money market rates from top banks to make the most of your earnings.
Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.