Lovell, WY
Population 2,590 · Wyoming
About Lovell, WY
Lovell is a small town located in Wyoming with a population of 2,590 residents according to the latest US Census Bureau American Community Survey data. The median household income is $61,620 per year, which is 18% below the national median of $75,149. The median age of 40.9 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Lovell features a median home value of $211,500, which is 14% below the national median of $244,900. This positions Lovell in a moderately priced market relative to the rest of the country. Median monthly rent is $690, 41% below the national average of $1,163/month. Of the 1,104 total housing units, 75% are owner-occupied (720 units) and 25% are renter-occupied (235 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lovell shows an unemployment rate of 1.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 15.3%, above the national average of 12.4%. Workers in Lovell have an average one-way commute time of 18 minutes, one of the shorter commutes in the region.
Education & Demographics
19.3% of Lovell 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 3.6% White, 1.5% Hispanic or Latino, 0.0% Black or African American, and 2.0% Asian residents, with 0.2% of the population being foreign-born.
How Lovell Ranks in Wyoming
Cost of Living in Lovell, WY
Compared to national averages, Lovell has a median household income of $61,620 (18% below the national median of $75,149). Home values average $211,500, which is 14% below the national median. Monthly rent at $690 is 41% below the US average of $1,163. Within Wyoming, Lovell's income is 23% below the state average of $80,049, and home values are 30% below the state median of $302,372.
Why Live in Lovell, WY?
Lovell offers affordable housing with a median home value of $211,500, below the US average of $244,900, and rent that’s lower than the national average at $690/month, and a strong job market with an unemployment rate of just 1.4%. Additionally, the city features short commute times averaging just 18 minutes.
Potential considerations include median household income ($61,620) that falls below the national average. However, Lovell’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lovell has a population of 2,590 with a median age of 40.9 years. Compare Lovell with other cities to see how it stacks up, or explore all cities in Wyoming.
Similar Cities Near Lovell
Cities in Wyoming with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Thermopolis | 2,716 | $71,574 | $201,600 | Compare |
| Warren AFB | 2,734 | $60,048 | $0 | Compare |
| Evansville | 2,766 | $79,760 | $237,200 | Compare |
| Kemmerer | 2,788 | $74,375 | $173,100 | Compare |
| Glenrock | 2,806 | $65,660 | $218,300 | Compare |
| North Rock Springs | 2,338 | $100,896 | $317,100 | Compare |
| Bar Nunn | 2,980 | $110,598 | $287,800 | Compare |
| Star Valley Ranch | 2,107 | $96,218 | $471,000 | 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.
Compare Lovell With Other Cities
Frequently Asked Questions about Lovell
What is the population of Lovell, WY?
The population of Lovell, WY is 2,590 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Wyoming.
What is the median household income in Lovell?
The median household income in Lovell, WY is $61,620 per year, which is 18% below the national median of $75,149.
What is the median home value in Lovell?
The median home value in Lovell, WY is $211,500, which is 14% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lovell?
The median monthly rent in Lovell, WY is $690, which is 41% below the national average of $1,163/month.
What is the unemployment rate in Lovell?
The unemployment rate in Lovell, WY is 1.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Lovell, WY a good place to live?
Lovell offers a moderate cost of living, affordable housing, and a strong job market. With a population of 2,590 and a median age of 40.9, the city appeals to a broad range of residents.
How educated is Lovell, WY?
19.3% of residents in Lovell 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 Lovell?
Key cost-of-living indicators for Lovell, WY: median home value is $211,500 (14% below national), median rent is $690/month, and median household income is $61,620. The home-value-to-income ratio is 3.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Lovell?
The poverty rate in Lovell, WY is 15.3%, 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 Lovell, WY?
Lovell's population is 3.6% White, 1.5% Hispanic or Latino, 0.0% Black or African American, 2.0% Asian, and 0.4% two or more races. 0.2% of residents are foreign-born.