#31
Wyoming
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State Facts
Minimum Wage
$7.25
Average Renter Wage
$14.25
2-Bedroom Housing Wage
$16.46
Number of Renter Households
71,244
Percent Renters
31%
Affordable Rent for Low Income Households
Fair Market Rent
Working at
minimum wage
$7.25/hr
Each week you
have to work
71HOURS!
To afford a modest
1 bedroom
rental home at
Fair Market Rent
Compare Jurisdictions
| Number of Households | Wyoming | Albany County |
|---|---|---|
| Total | 226,985 | 15,565 |
| Renter | 71,244 | 7,959 |
| Percent Renters | 31% | 51% |
| Housing Wage | Wyoming | Albany County |
|---|---|---|
| Zero-Bedroom | $11.82 | $10.71 |
| One-Bedroom | $12.93 | $11.79 |
| Two-Bedroom | $16.46 | $15.31 |
| Three-Bedroom | $22.42 | $22.27 |
| Four-Bedroom | $27.31 | $26.96 |
| Fair Market Rent | Wyoming | Albany County |
|---|---|---|
| Zero-Bedroom | $615 | $557 |
| One-Bedroom | $672 | $613 |
| Two-Bedroom | $856 | $796 |
| Three-Bedroom | $1,166 | $1,158 |
| Four-Bedroom | $1,420 | $1,402 |
| Annual Income Needed to Afford | Wyoming | Albany County |
|---|---|---|
| Zero-Bedroom | $24,584 | $22,280 |
| One-Bedroom | $26,897 | $24,520 |
| Two-Bedroom | $34,236 | $31,840 |
| Three-Bedroom | $46,635 | $46,320 |
| Four-Bedroom | $56,797 | $56,080 |
| Minimum Wage | Wyoming | Albany County |
|---|---|---|
| Minimum Wage | $7.25 | $7.25 |
| Rent Affordable at Minimum Wage | $377 | $377 |
| Work Hours/Week at Minimum Wage | Wyoming | Albany County |
|---|---|---|
| Zero-Bedroom | 65 | 59 |
| One-Bedroom | 71 | 65 |
| Two-Bedroom | 91 | 84 |
| Three-Bedroom | 124 | 123 |
| Four-Bedroom | 151 | 149 |
| Renter Wage | Wyoming | Albany County |
|---|---|---|
| Estimated Mean Renter Wage | $14.25 | $8.79 |
| Rent Affordable at Mean Renter Wage | $741 | $457 |
| Work Hours/Week at Mean Renter Wage | Wyoming | Albany County |
|---|---|---|
| Zero-Bedroom | 33 | 49 |
| One-Bedroom | 36 | 54 |
| Two-Bedroom | 46 | 70 |
| Three-Bedroom | 63 | 101 |
| Four-Bedroom | 77 | 123 |
| Supplemental Security Income (SSI) Payment | Wyoming | Albany County |
|---|---|---|
| SSI Monthly Payment | $775 | $775 |
| Rent Affordable to SSI Recipient | $233 | $233 |
| Income Levels | Wyoming | Albany County |
|---|---|---|
| 30% of Area Median Income (AMI) | $23,029 | $21,300 |
| Estimated Renter Median Household Income | $39,693 | $24,535 |
| Rent Affordable at Different Income Levels | Wyoming | Albany County |
|---|---|---|
| 30% of Area Median Income (AMI) | $576 | $533 |
| Estimated Renter Median Household Income | $992 | $613 |
*50th percentile FMR area (See Appendix B of full book for more information).
†Renter wage data not available.
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