Albany County, Wyoming

• Income gap: Households earn meaningfully less than the national median, which directly affects retail demand, housing absorption, and tax base.
• Below the state median: Median household income runs $14,259 (18.7%) under the Wyoming median, so statewide income averages overstate local household buying power.
• Cost of living stretches income further: Local prices run 7.3% below the national average, so the nominal median of $61,917 is worth $66,793 at national average prices. BEA publishes price parity at state level, not county level.
• Elevated poverty: At 20.9%, the rate is in economically distressed territory and supports federal funding narratives (CDFI, NMTC, EDA).
• Talent advantage: Bachelor's-or-higher attainment exceeds the national average by 19.3 pts, supports knowledge-economy and tech attraction.
• Young population: Median age of 29 is materially below the U.S. norm, a workforce pipeline asset.

• Largest private-sector industry: Health Care and Social Assistance employs 2,234 workers (23.6% of tracked sectors), at an average wage of $58,076. Every industry figure on this page is private sector; government employs a further 5,796 and is counted separately.
• Economic scale: Regional GDP of $2.4B (2024).
• Wage stratification: Professional, Scientific, and Technical Services averages $91,417 while Arts, Entertainment, and Recreation averages $18,759, a 4.9x spread in the same local economy, with implications for workforce development and talent strategy.

• Top specialization: Gasoline Stations and Fuel Dealers concentrates at 3.04x the national norm, strong concentration that anchors the local economy and supports supply-chain attraction strategy.
• Cluster depth: 6 sub-sectors register LQ ≥ 1.5, but 67.1% of the employment across them depends on one source of demand: visitor economy. Read the count as depth within that single demand base rather than as spread across separate ones.

• Stretched market: Home value to income ratio of 5.4x is well above the ~4.1x national average; attainable workforce housing may be a recruitment friction.
• Affordable rent tiers: 2 of 5 HUD Fair Market Rent bedroom sizes sit below what a household on the median renter income of $37,031 can pay without cost burden (~$926/mo), and 47.7% of renter households are measured as cost-burdened.

• Healthy participation: 69.6% labor force participation reflects a steady, available local workforce.
• Short commutes: 15.3-minute mean commute is a quality-of-life and labor-access advantage worth surfacing for site selectors.

Albany County shows meaningful potential for gasoline stations and fuel dealers attraction, with a 3.04x concentration and 271 jobs in this sub-sector.

Most of the employment across the concentrated sub-sectors traces back to a single source of demand. Visitor economy accounts for 67.1% of it, with food services and drinking places the largest single sub-sector at 55.6%. Recruitment that widens the demand base changes that exposure; recruitment inside the same base deepens it.