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Laramie County, WY

RANK #473 / 996  ·  POP 100,316  ·  WY

PROJECTED GROWTH: +0.8%

Laramie County sits in the middle of the pack — stable but not accelerating.

[01] Why Laramie County?

Laramie County, Wyoming, stands out for its unique blend of Old West heritage and access to natural landscapes. Home to Cheyenne, the state capital, the county is situated at the intersection of Interstates 80 and 25, about 100 miles north of Denver, Colorado. This location provides a commute shorter than the national average, around 14 minutes. The community offers a sparse suburban feel with many parks and a strong sense of belonging. Outdoor recreation is a significant draw, with opportunities for hiking, biking, fishing, kayaking, and paddleboarding at nearby Curt Gowdy State Park and Vedauwoo Recreation Area, known for its granite formations. The Greater Cheyenne Greenway also offers over 45 miles of paved trails for walking and cycling.

Life in Laramie County appeals to families and remote workers seeking a balance of affordability and outdoor access. The Laramie County School District 1 is the largest in the state, serving over 13,500 students across numerous elementary, junior high, and high schools. The local economy is experiencing growth, driven by strategic investments in sectors like data centers and energy. Cheyenne has seen a surge in housing permits and construction, aiming to address housing affordability. The presence of F.E. Warren Air Force Base also contributes to the county's diverse demographic and stable employment.

[02] Market Snapshot

Housing Ratio
4.5x

Below national median (4.7x)

GDP Growth
+6.0%

Well above national median

Home Prices
+3.2%

Outpacing national median

Climate & Terrain
3.0

Favorable climate & terrain

Price/Rent
16x

Above national median (13x)

Housing is fairly valued at 4.5x relative to local economic output. Climate and geography support a structural premium. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Laramie County U.S. National

The Numbers

DEMOGRAPHICS
Population
100,316
+0.41% YoY
Median Household Income
$76,282
Median Home Value
$295,800
+3.21% 12mo
Median Rent
$1,043
Average Annual Pay
$60,961
+3.8% YoY
Employment
48,244
+1.6% YoY
Income-to-Home-Value
0.2579
More affordable than average
Migration Inflow
1.46%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$384,000
Days on Market
48
Moderate pace
Months of Supply
2.7
Seller's market
Listings w/ Price Drops
18.4%
Building Permits (2024)
497
Single-Family Permits
332

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$53,200M
TOTAL
PROJECT AMOUNT STATUS
Project Jade Data Center Campus & BFC Power/Cheyenne Power Hub
Crusoe and Tallgrass Energy Partners
$50,000M Under Construction
Related Digital Cheyenne Data Center Campus
Related Digital (anchor tenant CoreWeave)
$1,200M Under Construction
Meta Cheyenne Data Center (Project Cosmo)
Meta
$800M Under Construction
Laramie Range Wind Project
Repsol Renewables
$650M Planned
Cowboy Solar II (Battery Storage)
Enbridge
$400M Planned
Southern Power Cheyenne Solar
Southern Power
$150M Operating

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +6.0% 90 percentile
Population Growth +0.4% 48 percentile
Income Growth +6.6% 14 percentile
Vacancy Rate 0.5% 94 percentile
Home Price Change +3.2% 74 percentile
Rent Growth +5.1% 80 percentile
Price/Rent 16x 23 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Laramie County, WY a good place to move to?

Laramie County has a Boom Town Index score of 53/100, ranking #473 among 996 U.S. counties. With job growth at +1.6% and a median household income of $76,282, it's an above-average county on economic indicators.

Is Laramie County affordable?

The median home value in Laramie County is $295,800 with median rent at $1,043/month. The income-to-home-value ratio is 0.2579, which is more affordable than the national average.

Is Laramie County growing or shrinking?

Population growth: +0.4% year-over-year. Job growth: +1.6%. Home values changed +3.2% in the past 12 months.

[08] Similar Metros

Wilkes County, NC 63 San Francisco County, CA 63 Union County, NJ 63 Carbon County, PA 63 Natrona County, WY 63 Washington County, MD 63 Hunterdon County, NJ 63 Bucks County, PA 63