Fremont 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 $11,272 (14.8%) 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 $64,904 is worth $70,015 at national average prices. BEA publishes price parity at state level, not county level.
• Talent gap: Bachelor's-or-higher attainment trails the national average by 9.2 pts, relevant for advanced-services attraction strategy.

• Largest private-sector industry: Retail Trade employs 1,868 workers (22.2% of tracked sectors), at an average wage of $35,136. Every industry figure on this page is private sector; government employs a further 5,656 and is counted separately.
• Economic scale: Regional GDP of $2.1B (2024).
• Wage stratification: Mining, Quarrying, and Oil and Gas Extraction averages $103,441 while Accommodation and Food Services averages $21,634, a 4.8x spread in the same local economy, with implications for workforce development and talent strategy.

• Top specialization: Oil and Gas Extraction concentrates at 17.21x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity to site selectors.
• Cluster depth: 13 sub-sectors register LQ ≥ 1.5, and no single source of demand accounts for more than 36.9% of the employment across them, the largest being resident household spending. Demand reaches this base from more than one market rather than from a single one.
• Attraction whitespace: 3 sub-sectors register LQ < 0.5 with at least 50 employed, candidates for diversification or recruitment depending on labor-market fit.

• In line with national: Home value to income ratio of 4.1x sits near the ~4.1x national average; affordability is neither a clear advantage nor a recruitment friction.
• High home ownership: 70.1% owner-occupied; rental supply may be tight for incoming workers.
• Elevated vacancy: 13.9% of housing units are vacant, above the Wyoming rate of 12.2%, and down from 17.2% in 2019.
• Mostly second homes: seasonal, recreational and occasional-use units are 41.6% of vacant units, so the headline rate is not available supply.
• Genuinely available supply: units listed for rent or for sale are 10.6% of the vacant stock, or 1.5% of all housing units against the 13.9% headline vacancy rate. Absorbable supply for an incoming employer is thin, and the gap between the two is the redevelopment and conversion opportunity.
• Affordable rent tiers: 3 of 5 HUD Fair Market Rent bedroom sizes sit below what a household on the median renter income of $44,585 can pay without cost burden (~$1,115/mo), and 32.8% of renter households are measured as cost-burdened.

• Succession risk is real: 23.3% of working-age residents are 55-64. Plan for retirements over the next decade and pair attraction strategy with talent retention.
• Healthy participation: 61.2% labor force participation reflects a steady, available local workforce.
• Short commutes: 17.2-minute mean commute is a quality-of-life and labor-access advantage worth surfacing for site selectors.
• Talent pipeline: 1 institution in Fremont County awards 337 credentials a year. Employers drawing from a wider labor shed should read this alongside institutions outside the county, which this page does not aggregate.

Fremont County shows strong potential for oil and gas extraction attraction, with a 17.21x concentration and 156 jobs in this sub-sector. It ranks in the top decile nationally. Near-term succession risk is elevated, with 23.3% of the working-age population within 10 years of retirement age.

The concentrated base spans oil and gas extraction, support activities for mining, and gasoline stations and fuel dealers, and no single source of demand accounts for more than 36.9% of the employment across them, the largest being resident household spending. Supply-chain recruitment has more than one demand base to work from.