Lyman, WY
Population 1,777 · Wyoming
About Lyman, WY
Lyman is a small town located in Wyoming with a population of 1,777 residents according to the latest US Census Bureau American Community Survey data. The median household income is $101,080 per year, which is 35% above the national median of $75,149. The median age of 35.7 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 Lyman features a median home value of $267,500, which is 9% above the national median of $244,900. This positions Lyman in a moderately priced market relative to the rest of the country. Median monthly rent is $1,071, 8% below the national average of $1,163/month. Of the 677 total housing units, 76% are owner-occupied (436 units) and 24% are renter-occupied (141 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lyman shows an unemployment rate of 3.9%, which is near the national rate of 3.7%. The poverty rate stands at 6.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Lyman have an average one-way commute time of 21.5 minutes.
Education & Demographics
30.4% of Lyman residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 8.8% White, 5.0% Hispanic or Latino, 0.0% Black or African American, and 0.9% Asian residents, with 0.8% of the population being foreign-born.
How Lyman Ranks in Wyoming
Cost of Living in Lyman, WY
Compared to national averages, Lyman has a median household income of $101,080 (35% above the national median of $75,149). Home values average $267,500, which is 9% above the national median. Monthly rent at $1,071 is 8% below the US average of $1,163. Within Wyoming, Lyman's income is 26% above the state average of $80,049, and home values are 12% below the state median of $302,372.
Why Live in Lyman, WY?
Lyman offers a strong local economy with a median household income of $101,080, well above the national average, and rent that’s lower than the national average at $1,071/month, and a low poverty rate of 6.0%, better than the national average. Additionally, the city features short commute times averaging just 21.5 minutes.
Lyman has a population of 1,777 with a median age of 35.7 years. Compare Lyman with other cities to see how it stacks up, or explore all cities in Wyoming.
Similar Cities Near Lyman
Cities in Wyoming with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Sleepy Hollow | 1,812 | $119,451 | $276,200 | Compare |
| Saratoga | 1,864 | $68,521 | $267,600 | Compare |
| Hoback | 1,609 | $156,766 | $1,287,500 | Compare |
| Afton | 1,982 | $56,806 | $311,200 | Compare |
| South Park | 2,021 | $111,250 | $1,660,700 | Compare |
| Pinedale | 2,022 | $74,886 | $279,300 | Compare |
| Greybull | 2,061 | $62,941 | $159,200 | Compare |
| Lusk | 1,482 | $44,755 | $164,200 | 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 Lyman With Other Cities
Frequently Asked Questions about Lyman
What is the population of Lyman, WY?
The population of Lyman, WY is 1,777 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 Lyman?
The median household income in Lyman, WY is $101,080 per year, which is 35% above the national median of $75,149.
What is the median home value in Lyman?
The median home value in Lyman, WY is $267,500, which is 9% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lyman?
The median monthly rent in Lyman, WY is $1,071, which is 8% below the national average of $1,163/month.
What is the unemployment rate in Lyman?
The unemployment rate in Lyman, WY is 3.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Lyman, WY a good place to live?
Lyman offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 1,777 and a median age of 35.7, the city appeals to a broad range of residents.
How educated is Lyman, WY?
30.4% of residents in Lyman 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 Lyman?
Key cost-of-living indicators for Lyman, WY: median home value is $267,500 (9% above national), median rent is $1,071/month, and median household income is $101,080. The home-value-to-income ratio is 2.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Lyman?
The poverty rate in Lyman, WY is 6.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Lyman, WY?
Lyman's population is 8.8% White, 5.0% Hispanic or Latino, 0.0% Black or African American, 0.9% Asian, and 0.0% two or more races. 0.8% of residents are foreign-born.