Wyoming Income Statistics
Wyoming Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of a state's residents based on income levels, employment rates, and income inequality metrics.
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B
Wyoming Around averageWealthier than 76% of states in US
Source: Map AI Methodology
Wealthiest and Least Wealthy Counties in Wyoming
- Teton County (124% of U.S. avg)
- Campbell County (116% of U.S. avg)
- Sublette County (112% of U.S. avg)
- Niobrara County (84% of U.S. avg)
- Albany County (91% of U.S. avg)
- Big Horn County (91% of U.S. avg)
Ranked by the Map AI Wealth Index, which combines income, employment, and income inequality metrics.
Income Statistics Overview
| Metric | Wyoming | US Average |
|---|---|---|
| Median Household Income | $76,390 | $80,455 |
| Median Personal Income | $58,883 | $60,758 |
| Average Yearly Income Growth | 3.2% | 4.8% |
| Six-Figure Earners | 11.9% | 13.9% |
| $200k+ Households | 8.5% | 13.2% |
The median household income in Wyoming is about 5% lower than in US. Income has been growing slower in Wyoming (3.2%/yr) than in US (4.8%/yr).
About 12% of adults in Wyoming earn six figures ($100,000 or more) a year, lower than the US average of 14%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Wyoming grew by 46.9% from 2009 to 2024, reaching $76,390 in 2024. That's an average of about 3.2% per year.
Income Inequality and the Gender Pay Gap in Wyoming
| Metric | Wyoming | US Average |
|---|---|---|
| Gini Coefficient | 0.519 | 0.552 |
| Male Median Income | $70,090 | $69,667 |
| Female Median Income | $50,855 | $56,850 |
| Gender Pay Gap | 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 Wyoming, it is 0.519, lower than US's 0.552, so income is more evenly distributed here than there.
Men's income is about 38% more than women's income in Wyoming. Over a 35-year career, a 38% wage gap accumulates to roughly $673,225 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Wyoming has narrowed from about 35% to 27% in 2024. In dollar terms, the gap has widened by $2,202 since 2009.
Employment
| Metric | Wyoming | US Average |
|---|---|---|
| Unemployment Rate | 3.7% | 5.2% |
| Working from Home | 9.4% | 15.0% |
| Commute time (minutes) | 13 | 22 |
Approximately 11,113 people are unemployed in Wyoming.
The average commute time in Wyoming is 13 minutes, shorter than the 22 minutes in US.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Wyoming has fallen from 4.6% to 3.7% in 2024. Over that period the rate peaked at 5.4% in 2013.
Wyoming Wealth Compared With Nearby States
Wyoming is the smallest of the 6 states compared here, 582,314 residents against a local median of 1,929,983. Wyoming's income growth, at 3.2%/yr, runs 40% below the 5.4%/yr typical of the states around it. That is the weaker end of the local range on this measure.
The states themselves sit within 1.4%/yr of each other on income growth, a tighter band than the gap between any of them and Wyoming, which makes it a genuine outlier here rather than one end of a wide local spread. Wyoming 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. |
|---|---|---|---|---|---|
| Wyoming | 582,314 | $76,390 #4/6 | 3.2%/yr #6/6 | 3.7% #4/6 | 0.519 #2/6 |
| Colorado | 5,842,429 | $95,803 | 5.4%/yr | 4.6% | 0.524 |
| Montana | 1,116,812 | $72,476 | 5.2%/yr | 3.6% | 0.523 |
| Utah | 3,390,702 | $95,466 | 5.4%/yr | 3.5% | 0.551 |
| Idaho | 1,929,983 | $78,141 | 6.0%/yr | 3.7% | 0.542 |
| South Dakota | 907,403 | $75,087 | 4.6%/yr | 2.9% | 0.504 |
Conclusion
Considering all these factors, Wyoming has an overall wealth index grade of B, making it somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Wyoming.
How Rich Is Wyoming?
Wyoming 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 $76,390, about 5% lower than the US average of $80,455.
How has median household income changed in Wyoming?
Between 2009 and 2024, the median household income in Wyoming rose 47%, from $52,009 to $76,390. Over the same years, income here lagged behind the U.S. as a whole: +47% against +57%.
What was the median household income in Wyoming in 2023?
In 2023, the median household income in Wyoming was $74,839, up 3% from $72,826 in 2022. The US median that year was $78,147.
What was the median household income in Wyoming in 2020?
In 2020, the median household income in Wyoming was $65,751. By 2024 it had risen 16% to $76,390.
Is it hard to find a job in Wyoming?
Unemployment in Wyoming is only 3.7%, well below the US rate of 5.2%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Wyoming?
The Gini coefficient in Wyoming is 0.519. 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 Wyoming?
Since 2009, the income gap between men and women in Wyoming has narrowed from about 35% to 27% in 2024. In dollar terms, the gap has widened by $2,202 since 2009.
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