Laramie, Wyoming

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2022 5-Year Estimates
31,735
Population
$50,539
Median Income
$274,800
Home Value
26.6
Median Age

Demographics

Laramie has a population of 31,735 with a median age of 26.6. Here is the racial and ethnic breakdown of the population:

White
85.6%
Hispanic
10.9%
Asian
4.2%
Black
1.2%
Demographic Value
Total Population31,735
Median Age26.6
White85.6%
Black or African American1.2%
Asian4.2%
Hispanic or Latino10.9%

Income & Economy

The median household income in Laramie is $50,539, which is 32.7% below the national median of $75,149. The per capita income is $31,959. The poverty rate is 24.8%.

$50,539
Median Household Income
$31,959
Per Capita Income
24.8%
Poverty Rate

Employment

The unemployment rate in Laramie is 4.7%, compared to the national rate of 5.4%.

Education

In Laramie, 96.4% of residents age 25+ have a high school diploma or higher, and 56.1% hold a bachelor's degree or higher (28.6% with a graduate or professional degree).

HS Diploma+
96.4%
Bachelor's+
56.1%
Graduate+
28.6%
Education Level % of Adults (25+)
High School Diploma or Higher96.4%
Bachelor's Degree or Higher56.1%
Graduate or Professional Degree28.6%

Housing

The median home value in Laramie is $274,800, below the national median of $281,900. The median monthly rent is $929. The homeownership rate is 45.8%.

$274,800
Median Home Value
$929/mo
Median Rent
45.8%
Homeownership Rate
Housing Metric Value
Median Home Value$274,800
Median Monthly Rent$929
Homeownership Rate45.8%
Vacancy Rate8.6%

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Frequently Asked Questions

What is the population of Laramie, Wyoming?
The population of Laramie, Wyoming is 31,735 according to U.S. Census Bureau ACS 2022 5-Year Estimates.
What is the median household income in Laramie, Wyoming?
The median household income in Laramie, Wyoming is $50,539. This is 32.7% below the national median of $75,149.
What is the median home value in Laramie, Wyoming?
The median home value in Laramie, Wyoming is $274,800. The median monthly rent is $929.
What percentage of people in Laramie have a college degree?
In Laramie, Wyoming, 56.1% of adults age 25 and older hold a bachelor's degree or higher, and 96.4% have a high school diploma or higher.
Is Laramie, Wyoming an affordable place to live?
The home price-to-income ratio in Laramie, Wyoming is 5.4x (median home value $274,800 vs. median income $50,539), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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