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All About
Living In Laramie, WY
Laramie, Wyoming is a small city with a population of slightly less than 32,000. Young adults aged 15-24 make up a larger portion of the population here (34%) than nationally (14%), meaning they will find plenty of opportunities, though young professionals also feature prominently in the demographics. With an average age of just over 32, Laramie ranks as the 10th-youngest city in the state. The majority of Laramie residents rent, and 44% of residents are homeowners. With a relatively low average rent of $818 per month in the city, renting remains an affordable option, particularly compared to other cities in Wyoming. Over the course of 12 months, renters in Laramie will save around $1,100 compared to the state average.
If you're looking for diverse career options, Laramie has you covered. The four most common industries are education, entertainment, retail, and healthcare. Together, these industries account for 37% of the workforce in the city. Meanwhile, looking at job function, many of the city's residents work in sales, which ranks as the top profession in the city. Laramie workers take home an average annual income of about $56,000, less than the Wyoming average. The city's average income also trails the national average of $73,345. Laramie has a high number of residents older than 25 with advanced degrees compared to the national average (7%), as 10% have earned a Master's or a Doctorate. Furthermore, 15% have earned a Bachelor's degree.
Laramie's average commute time ranks as one of the best in the state at about 13 minutes, 8th-fastest in the state. Many residents (43%) commute to work by car or truck, while public transit is not extensively used. Walking (5%) isn't a common method of commuting to work, though the number far surpasses the national average.
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