Platte County, Wyoming Income Statistics
Platte 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.
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B
Platte County Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Platte County | Wyoming Avg | US Average |
|---|---|---|---|
| Median Household Income | $67,844 | $76,390 | $80,455 |
| Median Personal Income | $53,545 | $58,883 | $60,758 |
| Average Yearly Income Growth | 6.7% | 3.2% | 4.8% |
| Six-Figure Earners | 12.1% | 11.9% | 13.9% |
| $200k+ Households | 7.3% | 8.5% | 13.2% |
The median household income in Platte County is about 11% lower than in Wyoming. Income has been growing faster in Platte County (6.7%/yr) than in Wyoming (3.2%/yr).
About 12% of adults in Platte 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
Median household income in Platte County, Wyoming grew by 75.3% from 2009 to 2024, reaching $67,844 in 2024. That's an average of about 6.7% per year.
Income Inequality and the Gender Pay Gap in Platte County
| Metric | Platte County | Wyoming Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.540 | 0.519 | 0.552 |
| Male Median Income | $75,880 | $70,090 | $69,667 |
| Female Median Income | $48,234 | $50,855 | $56,850 |
| Gender Pay Gap | 36.4% | 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 Platte County, it is 0.540, 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 57% more than women's income in Platte County, Wyoming. Over a 35-year career, a 57% wage gap accumulates to roughly $967,610 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Platte County, Wyoming has narrowed from about 44% to 36% in 2024. Over that period the gap was widest at 50% in 2020, and was narrowest at 20% in 2023. In dollar terms, the gap has widened by $5,326 since 2009.
Employment
| Metric | Platte County | Wyoming Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.6% | 3.7% | 5.2% |
| Working from Home | 8.2% | 9.4% | 15.0% |
| Commute time (minutes) | 8 | 13 | 22 |
Approximately 171 people are unemployed in Platte County, Wyoming.
The average commute time in Platte County is 8 minutes, shorter than the 13 minutes in Wyoming.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Platte County, Wyoming has risen from 2.4% to 4.6% in 2024. Over that period the rate peaked at 4.6% in 2023 and fell as low as 1.0% in 2021.
Platte County, WY Wealth Compared With Nearby Counties
Platte County, WY is the 5th largest of the 6 counties compared here, 8,612 residents against a local median of 13,762. Platte County, WY's income growth, at 6.7%/yr, runs 84% above the 3.6%/yr typical of the counties around it. That is the better end of the local range on this measure.
Unemployment tells the same story from another angle: 4.6% against a local median of 3.5%, 32% above it. The picture is mixed rather than uniform: income growth runs ahead of the neighbourhood while unemployment runs behind it, so Platte County, WY is trading one against the other rather than simply out-performing what surrounds it. The counties themselves spread 3.2%/yr on income growth, so Platte County, WY sits at one end of an already wide local range rather than apart from it. Platte County, WY has the 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. |
|---|---|---|---|---|---|
| Platte County, WY | 8,612 | $67,844 #3/6 | 6.7%/yr #1/6 | 4.6% #6/6 | 0.540 #5/6 |
| Goshen County, WY | 12,605 | $59,260 | 3.6%/yr | 3.4% | 0.539 |
| Laramie County, WY | 101,060 | $80,795 | 3.5%/yr | 3.5% | 0.499 |
| Albany County, WY | 38,249 | $61,953 | 4.7%/yr | 3.7% | 0.557 |
| Converse County, WY | 13,762 | $81,198 | 2.9%/yr | 4.1% | 0.498 |
| Niobrara County, WY | 2,368 | $62,579 | 6.1%/yr | 2.5% | 0.518 |
Conclusion
Considering all these factors, Platte 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 Platte County, Wyoming.
How Rich Is Platte County, Wyoming?
Platte 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 $67,844, about 11% lower than the Wyoming average of $76,390.
Are incomes growing in Platte County, Wyoming?
Between 2009 and 2024, the median household income in Platte County, Wyoming rose 75%, from $38,707 to $67,844. Over the same years, income here outpaced Wyoming as a whole: +75% against +47%.
What was the median household income in Platte County in 2023?
In 2023, the median household income in Platte County, Wyoming was $65,931, about the same as in 2022. The Wyoming median that year was $74,839.
What was the median household income in Platte County in 2020?
In 2020, the median household income in Platte County, Wyoming was $58,636. By 2024 it had risen 16% to $67,844.
What is the Gini coefficient in Platte County, Wyoming?
The Gini coefficient in Platte County is 0.540. 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 Platte County, Wyoming?
Since 2009, the income gap between men and women in Platte County, Wyoming has narrowed from about 44% to 36% in 2024. Over that period the gap was widest at 50% in 2020, and was narrowest at 20% in 2023. In dollar terms, the gap has widened by $5,326 since 2009.
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