Park County, Wyoming Income Statistics

Park County Wealth Score

The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.

  • B
    Park County Around average

Source: Map AI Methodology

Park County
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Wealth grade

Income Statistics Overview

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Metric Park County Wyoming Avg US Average
Median Household Income $73,221 $76,390 $80,455
Median Personal Income $55,013 $58,883 $60,758
Average Yearly Income Growth 2.4% 3.2% 4.8%
Six-Figure Earners 12.2% 11.9% 13.9%
$200k+ Households 8.0% 8.5% 13.2%

The median household income in Park County is about 4% lower than in Wyoming. Income has been growing slower in Park County (2.4%/yr) than in Wyoming (3.2%/yr).

About 12% of adults in Park County earn six figures ($100,000 or more) a year, about the same as the Wyoming average of 12%.

Median Household Income 2009–2024 Trend

Median Household Income Over Time

Park County
United States

Median household income in Park County, Wyoming grew by 66.0% from 2009 to 2024, reaching $73,221 in 2024. That's an average of about 2.4% per year.

Year Park County United States

Income Inequality and the Gender Pay Gap in Park County

Metric Park County Wyoming Avg US Average
Gini Coefficient 0.525 0.519 0.552
Male Median Income $67,473 $70,090 $69,667
Female Median Income $45,265 $50,855 $56,850
Gender Pay Gap 32.9% 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 Park County, it is 0.525, higher than Wyoming's 0.519, so income is less 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 49% more than women's income in Park County, Wyoming. Over a 35-year career, a 49% wage gap accumulates to roughly $777,280 in unearned income for female workers in the area.

Income by Sex Over Time

Male
Female

Since 2009, the income gap between men and women in Park County, Wyoming has widened from about 27% to 33% in 2024. Over that period the gap was widest at 37% in 2023, and was narrowest at 24% in 2019. In dollar terms, the gap has widened by $11,575 since 2009.

Sharply against the trend: the pay gap in Park County widened by 5.8 points while Wyoming's narrowed by 7.8 points.

Year Male Income Female Income Gap %

Employment

Metric Park County Wyoming Avg US Average
Unemployment Rate 2.2% 3.7% 5.2%
Working from Home 11.8% 9.4% 15.0%
Commute time (minutes) 11 13 22

Approximately 337 people are unemployed in Park County, Wyoming.

The average commute time in Park County is 11 minutes, shorter than the 13 minutes in Wyoming.

Unemployment Rate Over Time

Park County
United States

Since 2011, the unemployment rate in Park County, Wyoming has fallen from 3.4% to 2.2% in 2024. Over that period the rate peaked at 4.0% in 2012 and fell as low as 2.2% in 2023.

Year Park County United States

Park County, WY Wealth Compared With Nearby Counties

Park County, WY is the largest of the 6 counties compared here, 30,448 residents against a local median of 11,116. Park County, WY's income growth, at 2.4%/yr, runs 56% below the 5.5%/yr typical of the counties around it. That is the weaker end of the local range on this measure.

Unemployment tells the same story from another angle: 2.2% against a local median of 2.7%, 19% below it. The picture is mixed rather than uniform: unemployment runs ahead of the neighbourhood while income growth runs behind it, so Park County, WY is trading one against the other rather than simply out-performing what surrounds it. The counties themselves sit within 1.4%/yr of each other on income growth, a tighter band than the gap between any of them and Park County, WY, which makes it a genuine outlier here rather than one end of a wide local spread. Park County, WY has the 6th highest income growth of the 6 areas compared here.

Area Population Median household income Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. Unemployment Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here.
Park County, WY 30,448 $73,221 #5/6 2.4%/yr #6/6 2.2% #3/6 0.525 #4/6
Carbon County, MT 11,116 $79,608 5.1%/yr 4.4% 0.525
Teton County, WY 23,396 $123,789 6.4%/yr 1.8% 0.459
Stillwater County, MT 9,183 $88,279 5.0%/yr 3.1% 0.537
Sweet Grass County, MT 3,720 $76,628 5.5%/yr 1.8% 0.507
Park County, MT 17,710 $70,385 6.4%/yr 2.7% 0.505

Conclusion

Considering all these factors, Park County, 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 Park County, Wyoming.

How Rich Is Park County, Wyoming?

Park County 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 $73,221, about 4% lower than the Wyoming average of $76,390.

How has median household income changed in Park County, Wyoming?

Between 2009 and 2024, the median household income in Park County, Wyoming rose 66%, from $44,099 to $73,221. Over the same years, income here outpaced Wyoming as a whole: +66% against +47%.

What was the median household income in Park County in 2023?

In 2023, the median household income in Park County, Wyoming was $71,229, up 7% from $66,536 in 2022. The Wyoming median that year was $74,839.

What was the median household income in Park County in 2020?

In 2020, the median household income in Park County, Wyoming was $64,341. By 2024 it had risen 14% to $73,221.

Is unemployment high in Park County, Wyoming?

Unemployment in Park County, Wyoming is only 2.2%, well below the Wyoming rate of 3.7%, a sign of a tight labor market where employers compete for workers.

What is the Gini coefficient in Park County, Wyoming?

The Gini coefficient in Park County is 0.525. 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 Park County, Wyoming?

Since 2009, the income gap between men and women in Park County, Wyoming has widened from about 27% to 33% in 2024. Over that period the gap was widest at 37% in 2023, and was narrowest at 24% in 2019. In dollar terms, the gap has widened by $11,575 since 2009.

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