Casper, Wyoming Income Statistics
Casper Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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B
Casper Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Casper | Wyoming Avg | US Average |
|---|---|---|---|
| Median Household Income | $65,397 | $76,390 | $80,455 |
| Median Personal Income | $53,670 | $58,883 | $60,758 |
| Average Yearly Income Growth | 2.4% | 3.2% | 4.8% |
| Six-Figure Earners | 9.1% | 11.9% | 13.9% |
| $200k+ Households | 6.9% | 8.5% | 13.2% |
The median household income in Casper is about 14% lower than in Wyoming. Income has been growing slower in Casper (2.4%/yr) than in Wyoming (3.2%/yr).
About 9% of adults in Casper earn six figures ($100,000 or more) a year, lower than the Wyoming average of 12%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Casper, Wyoming grew by 42.5% from 2009 to 2024, reaching $65,397 in 2024. That's an average of about 2.4% per year.
Income Inequality and the Gender Pay Gap in Casper
| Metric | Casper | Wyoming Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.509 | 0.519 | 0.552 |
| Male Median Income | $65,764 | $70,090 | $69,667 |
| Female Median Income | $50,092 | $50,855 | $56,850 |
| Gender Pay Gap | 23.8% | 27.4% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Casper, it is 0.509, lower than Wyoming's 0.519, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 31% more than women's income in Casper, Wyoming. Over a 35-year career, a 31% wage gap accumulates to roughly $548,520 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Casper, Wyoming has narrowed from about 31% to 24% in 2024. Over that period the gap was widest at 38% in 2011, and was narrowest at 23% in 2022. In dollar terms, the gap has widened by $1,495 since 2009.
Employment
| Metric | Casper | Wyoming Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.6% | 3.7% | 5.2% |
| Working from Home | 10.1% | 9.4% | 15.0% |
| Commute time (minutes) | 13 | 13 | 22 |
Approximately 1,087 people are unemployed in Casper, Wyoming.
The average commute time in Casper is 13 minutes, about the same as in Wyoming.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Casper, Wyoming has fallen from 5.1% to 4.6% in 2024. Over that period the rate peaked at 5.7% in 2013 and fell as low as 3.5% in 2022.
Conclusion
Considering all these factors, Casper, Wyoming has an overall wealth index grade of B, making it about on par with Wyoming, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Casper, Wyoming.
How Rich Is Casper, Wyoming?
Casper has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $65,397, about 14% lower than the Wyoming average of $76,390.
Are incomes growing in Casper, Wyoming?
Between 2009 and 2024, the median household income in Casper, Wyoming rose 42%, from $45,904 to $65,397. Over the same years, income here lagged behind Wyoming as a whole: +42% against +47%.
What was the median household income in Casper in 2023?
In 2023, the median household income in Casper, Wyoming was $65,082, up 2% from $63,844 in 2022. The Wyoming median that year was $74,839.
What was the median household income in Casper in 2020?
In 2020, the median household income in Casper, Wyoming was $55,902. By 2024 it had risen 17% to $65,397.
What is the Gini coefficient in Casper, Wyoming?
The Gini coefficient in Casper is 0.509. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Casper, Wyoming?
Since 2009, the income gap between men and women in Casper, Wyoming has narrowed from about 31% to 24% in 2024. Over that period the gap was widest at 38% in 2011, and was narrowest at 23% in 2022. In dollar terms, the gap has widened by $1,495 since 2009.
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