Economy, jobs and prices in Wyoming, United States: official figures
The economy of Wyoming (gross domestic product) was worth $52.5 billion in 2025 at current prices, 0.2% of the US total of $30.86 trillion; 2nd smallest of 51. In current dollars it was up 2.0% on 2024.
How fast is the economy of Wyoming growing?
After adjusting for inflation, real GDP in Wyoming grew 0.1% in 2025, against 2.3% for the United States; 3rd slowest-growing of 51.
Source: U.S. Bureau of Economic Analysis · saved copyWhat is the GDP per capita of Wyoming?
Dividing 2025 GDP by the Census Bureau's population estimate gives $89,157 of output per resident, against $90,294 for the US economy divided by the population of the 50 states and DC; 19th highest of 51.
Source: U.S. Bureau of Economic Analysis · saved copyIs the economy of Wyoming growing or shrinking?
In the second quarter of 2026, real GDP in Wyoming shrank at an annual rate of 1.6% (United States: 2.2%); 2nd slowest-growing of 51.
Source: U.S. Bureau of Economic Analysis · saved copyWhat are the main industries in Wyoming?
In 2025 the largest private industry in Wyoming's economy was real estate, rental and leasing (13.0% of GDP), followed by mining, oil and gas (11.6%) and manufacturing (7.7%). Government accounted for 15.5%; the manufacturing share was 17th lowest of 51 (United States: 9.5%).
Source: U.S. Bureau of Economic Analysis · saved copyHow much do people in Wyoming spend?
Consumer spending (personal consumption expenditures) in Wyoming came to $62,488 per person in 2025 (United States: $61,062); 17th highest of 51.
Source: U.S. Bureau of Economic Analysis · saved copyIs Wyoming expensive to live in?
Prices in Wyoming were 7.3% below the national average in 2024, by BEA's regional price parity of 92.7 (US = 100), which covers goods, services and housing; 16th least expensive of 51.
Source: U.S. Bureau of Economic Analysis · saved copyWhat is the inflation rate in Wyoming?
Prices in Wyoming rose 3.9% in 2024, measured by BEA's implicit regional price deflator, against 2.6% nationally (PCE price index).
Source: U.S. Bureau of Economic Analysis · saved copyWhat is the per capita income in Wyoming?
Personal income per person in Wyoming was $91,109 in 2025, against $77,028 for the United States; 5th highest of 51. It was up 3.4% on 2024 and up 39.9% on 2020, before inflation.
Source: U.S. Bureau of Economic Analysis · saved copyWhat is the disposable income per person in Wyoming?
After taxes, disposable personal income per person was $80,736 in 2025 (United States: $67,251); 4th highest of 51.
Source: U.S. Bureau of Economic Analysis · saved copyHow far does income go in Wyoming?
Adjusted for local price levels, real personal income per person in Wyoming was $75,501 in 2024 in 2017 dollars (United States: $59,195); 2nd highest of 51.
Source: U.S. Bureau of Economic Analysis · saved copyWhat is the median household income in Wyoming?
Median household income in Wyoming was $75,532 in 2024 (margin of error ±$2,468), against $81,604 for the United States; 19th lowest of 51 by the point estimate. It was not statistically different from 2023 after adjusting for inflation (American Community Survey).
Source: U.S. Census Bureau · saved copyHow unequal are incomes in Wyoming?
The Gini index of household income inequality in Wyoming was 0.461 in 2024 (0 means equal incomes, 1 means one household has everything; United States: 0.481); tied for 20th least unequal of 51.
Source: U.S. Census Bureau · saved copyWhat is the unemployment rate in Wyoming?
The unemployment rate in Wyoming was 3.0% in September 2026 (seasonally adjusted, preliminary), down from 3.4% a year earlier; 7th lowest of 51. The rate for the 50 states and DC combined was 4.2%.
Source: U.S. Bureau of Labor Statistics · saved copyHow many people are unemployed in Wyoming?
In September 2026, 8,604 people in Wyoming were unemployed and 276,363 employed, out of a labor force of 284,967.
Source: U.S. Bureau of Labor Statistics · saved copyWhat was the unemployment rate in Wyoming in 2025?
Over 2025 the unemployment rate in Wyoming averaged 3.4% (an 11-month average: October 2025 was not collected during the federal shutdown), against 3.1% in 2024; tied for 10th lowest of 51. The lowest annual rate since 1976 was 2.6% in 1979.
Source: U.S. Bureau of Labor Statistics · saved copyWhat is the average salary in Wyoming?
Workers covered by unemployment insurance in Wyoming were paid $63,535 on average in 2025 ($1,222 a week), up 3.1% on 2024; the US average was $78,720. That is 14th lowest of 51.
Source: U.S. Bureau of Labor Statistics · saved copyHow many jobs are there in Wyoming?
Employers in Wyoming had an average of 282,252 jobs on their payrolls in 2025 across 30,752 establishments, unchanged on 2024 (United States: up 0.5%).
Source: U.S. Bureau of Labor Statistics · saved copyWhat is the median wage in Wyoming?
The median annual wage across all occupations in Wyoming was $50,270 in May 2025 (mean $61,560); tied for 22nd highest of 51. One in ten workers earned less than $28,870 and one in ten more than $104,190.
Source: U.S. Bureau of Labor Statistics · saved copyWhat is the most common job in Wyoming?
The most common occupation in Wyoming in May 2025 was retail salespersons, with 8,770 workers and a median annual wage of $34,310.
Source: U.S. Bureau of Labor Statistics · saved copyWhat is the median household income in Wyoming?
Median household income in Wyoming was $76,975 in 2024, 21st lowest among the 50 states and DC (U.S.: $81,604). In 2019 it was $66,152, so it has risen 16.4% before allowing for inflation.
Source: U.S. Census Bureau · saved copyWhat is the average rent in Wyoming?
The median gross rent in Wyoming, including utilities, was $998 a month in 2024, down 0.2% on 2023 ($1,000); joint 6th lowest among the 50 states and DC (U.S.: $1,487).
Source: U.S. Census Bureau · saved copyWhat is the median home value in Wyoming?
Homeowners in Wyoming valued their homes at a median of $339,500 in 2024, up 13.7% on 2023 ($298,700); 25th lowest among the 50 states and DC (U.S.: $360,600).
Source: U.S. Census Bureau · saved copyHow affordable are homes in Wyoming?
The median home value in Wyoming was 4.4 times the median household income in 2024 ($339,500 against $76,975); 21st highest ratio among the 50 states and DC (U.S.: 4.4).
Source: U.S. Census Bureau · saved copyIs rent affordable in Wyoming?
A household on the median income in Wyoming would spend 15.6% of its income on the median rent of $998 a month in 2024 (U.S.: 21.9%).
Source: U.S. Census Bureau · saved copyHow Wyoming compares with other states
Gross domestic product, 2025 (current dollars) (2025)
Wyoming ranks 50 of 51, highest first.
| Rank | Region | Gross domestic product, 2025 (current dollars) |
|---|---|---|
| 45 | Rhode Island | $88.2 billion |
| 46 | North Dakota | $82.3 billion |
| 47 | South Dakota | $82.0 billion |
| 48 | Montana | $80.9 billion |
| 49 | Alaska | $73.6 billion |
| 50 | Wyoming | $52.5 billion |
| 51 | Vermont | $49.7 billion |
GDP per resident, 2025 (BEA GDP / Census population) (2025)
Wyoming ranks 19 of 51, highest first.
| Rank | Region | GDP per resident, 2025 (BEA GDP / Census population) |
|---|---|---|
| 16 | New Hampshire | $90,634 |
| 17 | Maryland | $90,501 |
| 18 | Utah | $90,191 |
| 19 | Wyoming | $89,157 |
| 20 | Minnesota | $88,350 |
| 21 | South Dakota | $87,694 |
| 22 | Hawaii | $85,959 |
Real GDP growth, 2025 (2025)
Wyoming ranks 49 of 51, highest first.
| Rank | Region | Real GDP growth, 2025 |
|---|---|---|
| 45 | Wisconsin | 0.8% |
| 46 | Maryland | 0.8% |
| 47 | Minnesota | 0.7% |
| 48 | North Dakota | 0.5% |
| 49 | Wyoming | 0.1% |
| 50 | Iowa | -0.4% |
| 51 | District of Columbia | -1.0% |
Real GDP growth, 2026:Q2 (annual rate) (2026:Q2)
Wyoming ranks 50 of 51, highest first.
| Rank | Region | Real GDP growth, 2026:Q2 (annual rate) |
|---|---|---|
| 45 | Montana | 0.1% |
| 46 | Nebraska | -0.1% |
| 47 | Kansas | -0.6% |
| 48 | North Dakota | -0.9% |
| 49 | Alaska | -1.3% |
| 50 | Wyoming | -1.6% |
| 51 | West Virginia | -2.3% |
Personal income per person, 2025 (2025)
Wyoming ranks 5 of 51, highest first.
| Rank | Region | Personal income per person, 2025 |
|---|---|---|
| 2 | Connecticut | $102,307 |
| 3 | Massachusetts | $98,700 |
| 4 | New York | $91,504 |
| 5 | Wyoming | $91,109 |
| 6 | California | $90,957 |
| 7 | New Jersey | $89,720 |
| 8 | Washington | $88,944 |
Real personal income per person, 2024 (adjusted for local prices, 2017 dollars) (2024)
Wyoming ranks 2 of 51, highest first.
| Rank | Region | Real personal income per person, 2024 (adjusted for local prices, 2017 dollars) |
|---|---|---|
| 1 | District of Columbia | $81,872 |
| 2 | Wyoming | $75,501 |
| 3 | Connecticut | $74,254 |
| 4 | Massachusetts | $71,629 |
| 5 | South Dakota | $69,153 |
| 6 | Nebraska | $65,297 |
| 7 | North Dakota | $65,271 |
Median household income, 2024 (ACS) (2024)
Wyoming ranks 33 of 51, highest first.
| Rank | Region | Median household income, 2024 (ACS) |
|---|---|---|
| 30 | South Dakota | $76,881 |
| 31 | Maine | $76,442 |
| 32 | Nebraska | $76,376 |
| 33 | Wyoming | $75,532 |
| 34 | Kansas | $75,514 |
| 35 | Iowa | $75,501 |
| 36 | Montana | $75,340 |
Regional price parity, 2024 (US = 100) (2024)
Wyoming ranks 36 of 51, highest first.
| Rank | Region | Regional price parity, 2024 (US = 100) |
|---|---|---|
| 33 | South Carolina | 93.7 |
| 34 | Indiana | 93.3 |
| 35 | Ohio | 92.8 |
| 36 | Wyoming | 92.7 |
| 37 | New Mexico | 92.2 |
| 38 | Tennessee | 91.9 |
| 39 | Missouri | 90.8 |
Unemployment rate, September 2026 (seasonally adjusted) (September 2026)
Wyoming ranks 45 of 51, highest first.
| Rank | Region | Unemployment rate, September 2026 (seasonally adjusted) |
|---|---|---|
| 42 | Wisconsin | 3.2% |
| 43 | Iowa | 3.2% |
| 44 | Montana | 3.1% |
| 45 | Wyoming | 3.0% |
| 46 | Nebraska | 2.9% |
| 47 | Hawaii | 2.8% |
| 48 | New Hampshire | 2.6% |
Unemployment rate, 2025 annual average (2025)
Wyoming ranks 42 of 51, highest first.
| Rank | Region | Unemployment rate, 2025 annual average |
|---|---|---|
| 39 | Virginia | 3.4% |
| 40 | Oklahoma | 3.4% |
| 41 | Maine | 3.4% |
| 42 | Wyoming | 3.4% |
| 43 | Montana | 3.3% |
| 44 | Wisconsin | 3.2% |
| 45 | New Hampshire | 3.2% |
Labor force participation rate, September 2026 (September 2026)
Wyoming ranks 36 of 51, highest first.
| Rank | Region | Labor force participation rate, September 2026 |
|---|---|---|
| 33 | Hawaii | 61.3% |
| 34 | Ohio | 61.2% |
| 35 | Georgia | 61.1% |
| 36 | Wyoming | 60.2% |
| 37 | Arizona | 59.7% |
| 38 | Tennessee | 59.3% |
| 39 | Arkansas | 59.1% |
Average annual pay, 2025 (QCEW) (2025)
Wyoming ranks 38 of 51, highest first.
| Rank | Region | Average annual pay, 2025 (QCEW) |
|---|---|---|
| 35 | Indiana | $65,067 |
| 36 | Alabama | $64,479 |
| 37 | South Carolina | $63,728 |
| 38 | Wyoming | $63,535 |
| 39 | Iowa | $63,469 |
| 40 | Kansas | $63,212 |
| 41 | New Mexico | $63,124 |
Median annual wage, all occupations, May 2025 (OEWS) (May 2025)
Wyoming ranks 23 of 51, highest first.
| Rank | Region | Median annual wage, all occupations, May 2025 (OEWS) |
|---|---|---|
| 20 | Illinois | $51,960 |
| 21 | Maine | $51,430 |
| 22 | Wisconsin | $50,270 |
| 23 | Wyoming | $50,270 |
| 24 | Utah | $50,110 |
| 25 | Arizona | $50,060 |
| 26 | Pennsylvania | $49,690 |
Median household income (2024)
Wyoming ranks 31 of 51, highest first. Census Bureau SAIPE model estimates
| Rank | Region | Median household income |
|---|---|---|
| 28 | Wisconsin | $77,557 |
| 29 | Pennsylvania | $77,532 |
| 30 | South Dakota | $77,494 |
| 31 | Wyoming | $76,975 |
| 32 | Nebraska | $76,578 |
| 33 | Maine | $76,372 |
| 34 | Iowa | $75,623 |
Median gross rent (monthly) (2024)
Wyoming ranks 46 of 51, highest first. Renter-occupied units paying cash rent
| Rank | Region | Median gross rent (monthly) |
|---|---|---|
| 43 | Oklahoma | $1,044 |
| 44 | South Dakota | $999 |
| 45 | Kentucky | $998 |
| 46 | Wyoming | $998 |
| 47 | Mississippi | $990 |
| 48 | Arkansas | $982 |
| 49 | Iowa | $981 |
Median value of owner-occupied homes (2024)
Wyoming ranks 27 of 51, highest first. Owner-reported value
| Rank | Region | Median value of owner-occupied homes |
|---|---|---|
| 24 | Minnesota | $344,600 |
| 25 | Georgia | $343,300 |
| 26 | Maine | $341,900 |
| 27 | Wyoming | $339,500 |
| 28 | North Carolina | $333,000 |
| 29 | Tennessee | $332,600 |
| 30 | Texas | $313,200 |
More on Wyoming: overview · health · education and schools · poverty and living standards · government budget · the United States
Sources
- U.S. Census Bureau: Household Income in States and Metropolitan Areas: 2024 (ACSBR-025), Appendix Table 1: median household income and Gini index by state, 2023 and 2024 American Community Survey, read 23 October 2026 · saved copy (SHA-256 5de1b0d5ec46…)
- U.S. Bureau of Economic Analysis: SASUMMARY: State annual summary statistics: personal income, GDP, consumer spending, price indexes, and employment (updated 30 September 2026), read 23 October 2026 · saved copy (SHA-256 a3757d207c05…)
- U.S. Bureau of Economic Analysis: SAGDP: Annual GDP by state, 1997-2025 (table SAGDP2, GDP in current dollars by industry), read 23 October 2026 · saved copy (SHA-256 3d3c5bc7bd24…)
- U.S. Bureau of Economic Analysis: SQGDP: Quarterly GDP by state, 2005-2026 Q2 (table SQGDP11, percent change in real GDP at annual rate), read 23 October 2026 · saved copy (SHA-256 1649260cdceb…)
- U.S. Bureau of Labor Statistics: Local Area Unemployment Statistics: employment status of the civilian noninstitutional population, states, monthly, seasonally adjusted, read 23 October 2026 · saved copy (SHA-256 7bb6f18d4145…)
- U.S. Bureau of Labor Statistics: Local Area Unemployment Statistics: employment status of the civilian noninstitutional population, states, annual averages 1976-2025, read 23 October 2026 · saved copy (SHA-256 262aba7d00df…)
- U.S. Bureau of Labor Statistics: Occupational Employment and Wage Statistics, May 2025 state estimates (state_M2025_dl.xlsx), read 23 October 2026 · saved copy (SHA-256 74d5be0e1df8…)
- U.S. Bureau of Labor Statistics: Quarterly Census of Employment and Wages, 2025 annual averages, all industries (open data CSV slice), read 23 October 2026 · saved copy (SHA-256 5a5f89142aae…)
- U.S. Census Bureau: American Community Survey 2024 1-year estimates, table-based summary file: Median gross rent (B25064), read 23 October 2026 · saved copy (SHA-256 8624f9775add…)
- U.S. Census Bureau: American Community Survey 2024 1-year estimates, table-based summary file: Median value of owner-occupied homes (B25077), read 23 October 2026 · saved copy (SHA-256 27120d5d8a5f…)
- U.S. Census Bureau: Small Area Income and Poverty Estimates (SAIPE): 2024 poverty and median household income, states and counties, read 23 October 2026 · saved copy (SHA-256 cb52c47d75c1…)
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