Ranchettes, WY
Population 6,389 · Wyoming
About Ranchettes, WY
Ranchettes is a small town located in Wyoming with a population of 6,389 residents according to the latest US Census Bureau American Community Survey data. The median household income is $124,426 per year, which is 66% above the national median of $75,149. The median age of 49.8 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 Ranchettes features a median home value of $560,900, which is 129% above the national median of $244,900. This places Ranchettes in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $658, 43% below the national average of $1,163/month. Of the 2,503 total housing units, 95% are owner-occupied (2,300 units) and 5% are renter-occupied (132 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Ranchettes shows an unemployment rate of 0.9%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 4.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Ranchettes have an average one-way commute time of 18.2 minutes, one of the shorter commutes in the region.
Education & Demographics
46.6% of Ranchettes residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 10.3% White, 0.9% Hispanic or Latino, 0.5% Black or African American, and 1.1% Asian residents, with 2.0% of the population being foreign-born.
How Ranchettes Ranks in Wyoming
Cost of Living in Ranchettes, WY
Compared to national averages, Ranchettes has a median household income of $124,426 (66% above the national median of $75,149). Home values average $560,900, which is 129% above the national median. Monthly rent at $658 is 43% below the US average of $1,163. Within Wyoming, Ranchettes's income is 55% above the state average of $80,049, and home values are 85% above the state median of $302,372.
Why Live in Ranchettes, WY?
Ranchettes offers a strong local economy with a median household income of $124,426, well above the national average, and rent that’s lower than the national average at $658/month, and a strong job market with an unemployment rate of just 0.9%. Additionally, the city features a well-educated community where 46.6% of residents hold a bachelor’s degree or higher, and a low poverty rate of 4.4%, better than the national average, and short commute times averaging just 18.2 minutes.
Potential considerations include a competitive housing market where the typical home costs $560,900. However, Ranchettes’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Ranchettes has a population of 6,389 with a median age of 49.8 years. Compare Ranchettes with other cities to see how it stacks up, or explore all cities in Wyoming.
Similar Cities Near Ranchettes
Cities in Wyoming with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Douglas | 6,400 | $79,839 | $251,500 | Compare |
| Powell | 6,466 | $65,077 | $265,400 | Compare |
| Torrington | 6,174 | $53,393 | $194,100 | Compare |
| Lander | 7,565 | $71,601 | $321,800 | Compare |
| Worland | 4,788 | $60,603 | $176,300 | Compare |
| South Greeley | 4,596 | $53,625 | $77,800 | Compare |
| Rawlins | 8,217 | $69,912 | $205,900 | Compare |
| Buffalo | 4,516 | $61,813 | $272,300 | 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.
Compare Ranchettes With Other Cities
Frequently Asked Questions about Ranchettes
What is the population of Ranchettes, WY?
The population of Ranchettes, WY is 6,389 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 Ranchettes?
The median household income in Ranchettes, WY is $124,426 per year, which is 66% above the national median of $75,149.
What is the median home value in Ranchettes?
The median home value in Ranchettes, WY is $560,900, which is 129% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Ranchettes?
The median monthly rent in Ranchettes, WY is $658, which is 43% below the national average of $1,163/month.
What is the unemployment rate in Ranchettes?
The unemployment rate in Ranchettes, WY is 0.9%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Ranchettes, WY a good place to live?
Ranchettes offers above-average incomes, a competitive housing market, and a strong job market. With a population of 6,389 and a median age of 49.8, the city appeals to established professionals and retirees.
How educated is Ranchettes, WY?
46.6% of residents in Ranchettes aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Ranchettes?
Key cost-of-living indicators for Ranchettes, WY: median home value is $560,900 (129% above national), median rent is $658/month, and median household income is $124,426. The home-value-to-income ratio is 4.5x, a moderate figure by national standards.
What is the poverty rate in Ranchettes?
The poverty rate in Ranchettes, WY is 4.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Ranchettes, WY?
Ranchettes's population is 10.3% White, 0.9% Hispanic or Latino, 0.5% Black or African American, 1.1% Asian, and 0.9% two or more races. 2.0% of residents are foreign-born.