Washakie County, Wyoming Income Statistics
Washakie 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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C
Washakie County Below averageLess wealthy than 77% of counties in Wyoming
Source: Map AI Methodology
Income Statistics Overview
| Metric | Washakie County | Wyoming Avg | US Average |
|---|---|---|---|
| Median Household Income | $68,059 | $76,390 | $80,455 |
| Median Personal Income | $52,374 | $58,883 | $60,758 |
| Average Yearly Income Growth | 5.1% | 3.2% | 4.8% |
| Six-Figure Earners | 8.4% | 11.9% | 13.9% |
| $200k+ Households | 5.4% | 8.5% | 13.2% |
The median household income in Washakie County is about 11% lower than in Wyoming. Income has been growing faster in Washakie County (5.1%/yr) than in Wyoming (3.2%/yr).
About 8% of adults in Washakie County 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 Washakie County, Wyoming grew by 44.8% from 2009 to 2024, reaching $68,059 in 2024. That's an average of about 5.1% per year.
Income Inequality and the Gender Pay Gap in Washakie County
| Metric | Washakie County | Wyoming Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.504 | 0.519 | 0.552 |
| Male Median Income | $62,604 | $70,090 | $69,667 |
| Female Median Income | $47,445 | $50,855 | $56,850 |
| Gender Pay Gap | 24.2% | 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 Washakie County, it is 0.504, 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 32% more than women's income in Washakie County, Wyoming. Over a 35-year career, a 32% wage gap accumulates to roughly $530,565 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Washakie County, Wyoming has narrowed from about 30% to 24% in 2024. Over that period the gap was widest at 35% in 2015. In dollar terms, the gap has widened by $2,281 since 2009.
Employment
| Metric | Washakie County | Wyoming Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.7% | 3.7% | 5.2% |
| Working from Home | 8.2% | 9.4% | 15.0% |
| Commute time (minutes) | 7 | 13 | 22 |
Approximately 107 people are unemployed in Washakie County, Wyoming.
The average commute time in Washakie County is 7 minutes, shorter than the 13 minutes in Wyoming.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Washakie County, Wyoming has fallen from 4.4% to 2.7% in 2024. Over that period the rate peaked at 7.9% in 2014 and fell as low as 1.8% in 2022.
Washakie County, WY Wealth Compared With Nearby Counties
Washakie County, WY is the 5th largest of the 6 counties compared here, 7,703 residents against a local median of 11,828. Where Washakie County, WY breaks from the counties next to it is income growth, sitting 69% above the local median of 3.0%/yr at 5.1%/yr. That is the better end of the local range on this measure.
The counties themselves spread 1.5%/yr on income growth, so Washakie County, WY sits at one end of an already wide local range rather than apart from it. Washakie 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. |
|---|---|---|---|---|---|
| Washakie County, WY | 7,703 | $68,059 #2/6 | 5.1%/yr #1/6 | 2.7% #2/6 | 0.504 #2/6 |
| Big Horn County, WY | 11,828 | $64,430 | 3.0%/yr | 3.3% | 0.521 |
| Hot Springs County, WY | 4,620 | $60,848 | 3.6%/yr | 2.9% | 0.492 |
| Johnson County, WY | 8,686 | $64,724 | 2.3%/yr | 3.1% | 0.511 |
| Sheridan County, WY | 32,052 | $72,117 | 3.8%/yr | 2.2% | 0.507 |
| Fremont County, WY | 39,456 | $66,338 | 2.7%/yr | 7.4% | 0.530 |
Conclusion
Considering all these factors, Washakie County, Wyoming has an overall wealth index grade of C, making it about on par with Wyoming, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Washakie County, Wyoming.
How Rich Is Washakie County, Wyoming?
Washakie County has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $68,059, about 11% lower than the Wyoming average of $76,390.
Are incomes growing in Washakie County, Wyoming?
Between 2009 and 2024, the median household income in Washakie County, Wyoming rose 45%, from $47,015 to $68,059. Over the same years, income here lagged behind Wyoming as a whole: +45% against +47%.
What was the median household income in Washakie County in 2023?
In 2023, the median household income in Washakie County, Wyoming was $65,203, up 4% from $62,562 in 2022. The Wyoming median that year was $74,839.
What was the median household income in Washakie County in 2020?
In 2020, the median household income in Washakie County, Wyoming was $56,939. By 2024 it had risen 20% to $68,059.
What is the Gini coefficient in Washakie County, Wyoming?
The Gini coefficient in Washakie County is 0.504. 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 Washakie County, Wyoming?
Since 2009, the income gap between men and women in Washakie County, Wyoming has narrowed from about 30% to 24% in 2024. Over that period the gap was widest at 35% in 2015. In dollar terms, the gap has widened by $2,281 since 2009.
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