Baggs, WY
Population 411 · Wyoming
About Baggs, WY
Baggs is a small community located in Wyoming with a population of 411 residents according to the latest US Census Bureau American Community Survey data. The median household income is $54,063 per year, which is 28% below the national median of $75,149. The median age of 32.1 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Baggs features a median home value of $180,800, which is 26% below the national median of $244,900. This positions Baggs in a moderately priced market relative to the rest of the country. Median monthly rent is $698, 40% below the national average of $1,163/month. Of the 204 total housing units, 81% are owner-occupied (135 units) and 19% are renter-occupied (31 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Baggs shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 6.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Baggs have an average one-way commute time of 18.7 minutes, one of the shorter commutes in the region.
Education & Demographics
7.0% of Baggs residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 28.0% White, 9.7% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 6.1% of the population being foreign-born.
How Baggs Ranks in Wyoming
Cost of Living in Baggs, WY
Compared to national averages, Baggs has a median household income of $54,063 (28% below the national median of $75,149). Home values average $180,800, which is 26% below the national median. Monthly rent at $698 is 40% below the US average of $1,163. Within Wyoming, Baggs's income is 32% below the state average of $80,049, and home values are 40% below the state median of $302,372.
Why Live in Baggs, WY?
Baggs offers affordable housing with a median home value of $180,800, below the US average of $244,900, and rent that’s lower than the national average at $698/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 6.6%, better than the national average, and short commute times averaging just 18.7 minutes.
Potential considerations include median household income ($54,063) that falls below the national average. However, Baggs’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Baggs has a population of 411 with a median age of 32.1 years. Compare Baggs with other cities to see how it stacks up, or explore all cities in Wyoming.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Baggs
What is the population of Baggs, WY?
The population of Baggs, WY is 411 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Wyoming.
What is the median household income in Baggs?
The median household income in Baggs, WY is $54,063 per year, which is 28% below the national median of $75,149.
What is the median home value in Baggs?
The median home value in Baggs, WY is $180,800, which is 26% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Baggs?
The median monthly rent in Baggs, WY is $698, which is 40% below the national average of $1,163/month.
What is the unemployment rate in Baggs?
The unemployment rate in Baggs, WY is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Baggs, WY a good place to live?
Baggs offers a moderate cost of living, affordable housing, and a strong job market. With a population of 411 and a median age of 32.1, the city appeals to young professionals and families.
How educated is Baggs, WY?
7.0% of residents in Baggs aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Baggs?
Key cost-of-living indicators for Baggs, WY: median home value is $180,800 (26% below national), median rent is $698/month, and median household income is $54,063. The home-value-to-income ratio is 3.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Baggs?
The poverty rate in Baggs, WY is 6.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Baggs, WY?
Baggs's population is 28.0% White, 9.7% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.7% two or more races. 6.1% of residents are foreign-born.