Laramie, WY
Population 31,848 · Wyoming
About Laramie, WY
Laramie is a mid-sized city in Wyoming with a population of 31,848 residents. The median household income is $52,414 per year, which is near the national average. The median age in Laramie is 26.9 years.
Housing in Laramie has a median home value of $302,200 and median monthly rent of $933. Of the 15,297 total housing units, renting is more common than owning, with 6,239 owner-occupied and 7,900 renter-occupied units.
The unemployment rate in Laramie is 4.6% and the poverty rate is 22.1%. 55.8% of residents hold a bachelor's degree or higher. The average commute time is 13.5 minutes.
How Laramie Ranks in Wyoming
Cost of Living in Laramie, WY
Compared to national averages, Laramie has a median household income of $52,414 (30% below the national median of $75,149). Home values average $302,200, which is 23% above the national median. Monthly rent at $933 is 20% below the US average of $1,163. Within Wyoming, Laramie's income is 35% below the state average of $80,049, and home values are 0% below the state median of $302,372.
Why Live in Laramie, WY?
Laramie offers rent that’s lower than the national average at $933/month, and a well-educated community where 55.8% of residents hold a bachelor’s degree or higher, and short commute times averaging just 13.5 minutes.
Potential considerations include median household income ($52,414) that falls below the national average. However, Laramie’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Laramie has a population of 31,848 with a median age of 26.9 years. Compare Laramie with other cities to see how it stacks up, or explore all cities in Wyoming.
Similar Cities Near Laramie
Cities in Wyoming with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Gillette | 33,278 | $90,699 | $257,200 | Compare |
| Rock Springs | 23,229 | $73,307 | $245,600 | Compare |
| Sheridan | 19,035 | $61,598 | $295,300 | Compare |
| Evanston | 11,803 | $76,569 | $236,400 | Compare |
| Green River | 11,679 | $85,399 | $255,600 | Compare |
| Riverton | 10,803 | $56,280 | $204,900 | Compare |
| Jackson | 10,746 | $112,609 | $1,228,700 | Compare |
| Cody | 10,121 | $68,676 | $357,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Wyoming
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Laramie
What is the population of Laramie, WY?
The population of Laramie, WY is 31,848 according to the latest Census data.
What is the median household income in Laramie?
The median household income in Laramie, WY is $52,414 per year.
What is the median home value in Laramie?
The median home value in Laramie, WY is $302,200.
What is the average rent in Laramie?
The median monthly rent in Laramie, WY is $933.
What is the unemployment rate in Laramie?
The unemployment rate in Laramie, WY is 4.6%.