Lance Creek, WY
Population 47 · Wyoming
About Lance Creek, WY
Lance Creek is a small community located in Wyoming with a population of 47 residents according to the latest US Census Bureau American Community Survey data. The median household income is $0 per year, which is 100% below the national median of $75,149. The median age of 64.8 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Lance Creek features a median home value of $222,900, which is 9% below the national median of $244,900. This positions Lance Creek in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 31 total housing units, 76% are owner-occupied (19 units) and 24% are renter-occupied (6 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lance Creek 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 55.3%, above the national average of 12.4%. Workers in Lance Creek have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
19.1% of Lance Creek 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 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Lance Creek, WY
Compared to national averages, Lance Creek has a median household income of $0 (100% below the national median of $75,149). Home values average $222,900, which is 9% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Wyoming, Lance Creek's income is 100% below the state average of $80,049, and home values are 26% below the state median of $302,372.
Why Live in Lance Creek, WY?
Lance Creek offers affordable housing with a median home value of $222,900, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features short commute times averaging just 0 minutes.
Potential considerations include median household income ($0) that falls below the national average. However, Lance Creek’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lance Creek has a population of 47 with a median age of 64.8 years. Compare Lance Creek 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 Lance Creek
What is the population of Lance Creek, WY?
The population of Lance Creek, WY is 47 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 Lance Creek?
The median household income in Lance Creek, WY is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in Lance Creek?
The median home value in Lance Creek, WY is $222,900, which is 9% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lance Creek?
The median monthly rent in Lance Creek, WY is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Lance Creek?
The unemployment rate in Lance Creek, 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 Lance Creek, WY a good place to live?
Lance Creek offers a moderate cost of living, affordable housing, and a strong job market. With a population of 47 and a median age of 64.8, the city appeals to established professionals and retirees.
How educated is Lance Creek, WY?
19.1% of residents in Lance Creek 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 Lance Creek?
Key cost-of-living indicators for Lance Creek, WY: median home value is $222,900 (9% below national), median rent is $0/month, and median household income is $0. The home-value-to-income ratio is Infinityx, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Lance Creek?
The poverty rate in Lance Creek, WY is 55.3%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Lance Creek, WY?
Lance Creek's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.