Cost of Living in Washakie 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 Washakie County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Washakie County ranks #932 of 3,142 counties for affordability (top 30%)
Sourced county brief
Renter Household Median Income in Washakie County Reaches $46,625
The median income for renter-occupied households in Washakie County is $46,625. In terms of monthly housing expenses, the median gross rent is $720, which is $221 below the Wyoming unweighted county mean of $941. The official median gross rent as a percentage of household income (GRAPI) is 22.3%, a figure that is 2.7 percentage points lower than the state unweighted mean of 25.0%. For those in owner-occupied units, the median monthly owner cost is $834, compared to the state unweighted mean of $1,036. The median home value in Washakie County is $206,000, while the state unweighted county mean is $346,991. This analysis identifies the 22.3% figure as the official B25071 GRAPI estimate. 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: Washakie County
Affordability Verdict
ACS B25071 estimates median gross rent at 22.3% of renter household income in Washakie 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 $720 per month; median selected monthly owner costs are $834. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $28,800 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. Washakie County's $720 median is 23.5% below that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Washakie County
Rent Burden
13.1%
of gross income
Max Housing (28% Rule)
$1,533
per month
Owner Cost Burden
15.2%
of gross income
The median home in Washakie County may be a stretch
Median home value is $206,000. Estimated monthly cost: $1,645 vs. your max of $1,533.
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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