Cost of Living in Lincoln County, Wyoming
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Lincoln County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Lincoln County ranks #2,056 of 3,142 counties for affordability (bottom 35%)
Sourced county brief
Lincoln County Median Home Value Estimated at $372,600
The median home value in Lincoln County was $372,600, which is $25,609 higher than the Wyoming unweighted county mean of $346,991. The median gross rent as a percentage of household income (GRAPI) was 22.6%, according to official ACS table B25071. This official GRAPI is 2.4 percentage points lower than the state unweighted county mean of 25.0%. The median gross rent for the county was $960 per month, compared to a state unweighted county mean of $941. Median selected monthly owner costs were $962, which is below the state unweighted county mean of $1,036. The median renter-household income was recorded as $58,393. These data points provide a snapshot of housing costs from the 2020-2024 American Community Survey. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Lincoln County
Affordability Verdict
ACS B25071 estimates median gross rent at 22.6% of renter household income in Lincoln County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $960 per month; median selected monthly owner costs are $962. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $38,400 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The Wyoming unweighted mean of county median rents is $941 per month. Lincoln County's $960 median is 2.0% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Lincoln County
Rent Burden
12.9%
of gross income
Max Housing (28% Rule)
$2,084
per month
Owner Cost Burden
12.9%
of gross income
The median home in Lincoln County may be a stretch
Median home value is $372,600. Estimated monthly cost: $2,975 vs. your max of $2,084.
Rent Affordability Guide
Income Needed Calculator
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
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