Pros and Cons of Living In Laramie, Wyoming. Is Laramie, WY a Nice Place To Live or Retire?

Laramie, Wyoming

Moving to Laramie In Wyoming ? Is Laramie, WY a Nice Place To Live? Pros and Cons of Living in Laramie, Wyoming. Find out the best and worst about to live, raise a family or retire in Laramie.

Laramie () is a city in and the county seat of Albany County, Wyoming, United States, known for its high elevation at 7,200 feet (2,200 m), railroad history, and as the higher-education center for the state of Wyoming. The population was estimated 31,407 in 2020, making it the 4th most populous city in Wyoming. Located on the Laramie River in southeastern Wyoming, the city is west of Cheyenne and 25 miles (40 km) north of the Colorado state line, at the junction of Interstate 80 and U.S. Route 287.

After 12,000 years or more of Indigenous populations living in the area, Laramie was settled by European Americans in 1868 with the completion of...

DEMOGRAPHICS

Population
32515
Unemployment
4.3%
9% NAT AVG.
Poverty
23.9%
71% NAT AVG.
Cost Of Living
98
2% NAT AVG.

ECONOMICS

Median Home Cost
$225400
2% NAT AVG.
Median Income
$47463
30% NAT AVG.
Median Rent
$824
29% NAT AVG.
Overall Score
7.5

CRIME REPORT

Total Crime
376
51% NAT. AVG.
38% STATE AVG.
Violent Crime
58
54% NAT. AVG.
24% STATE AVG.
Property Crime
318
50% NAT. AVG.
40% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 4
Unemployed People
1 in 23
People Earning < $10,000
1 in 10
People Earning < $50,000
52.4%
People With Any Degree
1 in 1.6

ETHNICITY

Ethnicity Laramie USA
White 80.2% 60.1%
African American 1.2% 12.2%
American Indian 0.8% 0.6%
Asian 3.7% 5.6%
Hawaiian 0.1% 0.2%
Multiracial 3% 2.8%
Hispanic 10.8% 18.2%
Other 0.1% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Laramie USA
Less than $10,000 10.5% 5.8%
$10,000 to $14,999 5.2% 4.1%
$15,000 to $24,999 13.3% 8.5%
$25,000 to $34,999 9.6% 8.6%
$35,000 to $49,999 13.8% 12.0%
$50,000 to $74,999 16.3% 17.2%
$75,000 to $99,999 10% 12.8%
$100,000 to $149,999 13.5% 15.6%
$150,000 to $199,999 5.3% 7.1%

EDUCATION

Education Laramie USA
< 9th Grade 2% 5.0%
9-12th Grade 3% 7.0%
High School or GED 13% 27.0%
Other College 19% 20.0%
Associate's Degree 7% 9%
Bachelor's Degree 29% 20.0%
Master's Degree 18% 9.0%
Professional Degree 2% 2.0%
Doctorate Degree 7% 1.0%
Laramie is a city in Wyoming state in USA with a population of 32515 residents.. The poverty rate of Laramie is 23.9%, which is 71% higher than national average. The typical household in Laramie earns $47463 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 10 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 52.4% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Laramie remained 4.3%, which is 9% lower than national rate.

Cost of living in Laramie is 98, which is 2% lower than national average. In Laramie, only 56% of adults have a bachelor's degree and 26% have some college but no degree. Median home value in Laramie is $225400 , which is 2% lower than national average. While median income in Laramie remained $47463, which is 30% lower than national average.
Laramie Scorecard

Jobs70%

Housing80%

Affordability50%

Safety85%

Amenities85%

Diversity80%

Education90%

THANKS FOR READING

Read this story and other stories in details on our Website.