Living in Wyoming, Minnesota
Cost of living, income, home prices, rent and demographics of Wyoming · Census data 2020–2024
Wyoming has 8,087 residents with a median age of 39. The median household income is $107,565 (21% higher than the Minnesota median), the median home value is $365,700, the median rent is $1,166/month.
Wyoming at a glance
- Population
- 8,087
- Median age
- 39State: 38.8
- Median household income
- $107,565State: $89,062
- Median home value
- $365,700State: $329,300
- Median rent
- $1,166/moState: $1,280
- Homeowners
- 86.8%
- Bachelor's degree or higher
- 37.3%
- Average commute
- 29 min
Is Wyoming a good place to live?
Pros: Median household income 21% higher than the Minnesota median; unemployment of 2.8%; a poverty rate of 3.7%.
Cons: Home values 11% higher than the state median; an average commute of 29 minutes.
The weather is best in June to September.
Cost of living in Wyoming
Housing is the biggest part of the cost of living. In Wyoming the median home value is $365,700, 10% higher than the U.S. median. Renters pay a median of $1,166 per month, which is 24.5% of household income. Homeowners with a mortgage pay $2,006 a month in housing costs.
Wyoming median household income
The median household income in Wyoming is $107,565 and the income per person is $43,942. 3.7% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Wyoming: homes for sale and rent
- Housing units
- 2,933
- Owner-occupied
- 86.8%
- Renter-occupied
- 13.2%
- Vacant
- 1.2%Includes seasonal homes
- Median year built
- 1993
- Average household size
- 2.78
Wyoming demographics
- Population
- 8,087
- Median age
- 39
- Under 18
- 27%
- 65 and older
- 14.5%
- Households
- 2,899
- Foreign-born
- 3.1%
- Veterans
- 9.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Wyoming ›
Education in Wyoming
37.3% of adults 25 and older in Wyoming have a bachelor's degree or higher (Minnesota: 39.4%), and 11.3% have a graduate or professional degree.
Jobs and commute in Wyoming
- Unemployment rate
- 2.8%State: 4.1%
- Average commute
- 29 minState: 23 min
- Work from home
- 18.8%
- Drive alone
- 70.2%
- Public transit
- 1.1%
- Walk to work
- 0%
- Homes with broadband
- 93%
Wyoming vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Wyoming | 8,087 | $107,565 | $365,700 | $1,166 |
| Chisago City | 5,899 | $102,197 | $413,000 | $1,321 |
| Stacy | 4,384 | $98,464 | $323,800 | $892 |
| Forest Lake | 20,729 | $92,944 | $393,500 | $1,421 |
| Martin Lake | 1,068 | $123,208 | $498,400 | — |
| Lindstrom | 4,978 | $98,226 | $358,100 | $1,176 |
| Center City | 651 | $96,875 | $362,000 | $1,611 |
| Scandia | 3,950 | $101,953 | $475,800 | — |
| Columbus | 4,248 | $123,194 | $460,200 | $1,653 |
More for people moving to Wyoming
Wyoming ZIP code ›Weather and climate ›Living in Wyoming: FAQ
What is the median household income in Wyoming, MN?
The median household income in Wyoming is $107,565, 21% higher than the Minnesota median of $89,062 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Wyoming?
The median home value in Wyoming is $365,700, compared with $329,300 in Minnesota.
How much is rent in Wyoming?
The median gross rent in Wyoming is $1,166 per month, about 24.5% of household income.
Is Wyoming, MN a good place to live?
Pluses: median household income 21% higher than the Minnesota median; unemployment of 2.8%; a poverty rate of 3.7%. Minuses: home values 11% higher than the state median; an average commute of 29 minutes.
What is the median age in Wyoming?
The median age in Wyoming is 39 years (Minnesota: 38.8).
How long is the commute in Wyoming?
The average commute to work in Wyoming is 29 minutes; 18.8% of workers work from home.
What is the unemployment rate in Wyoming?
The unemployment rate in Wyoming is 2.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Wyoming?
37.3% of adults in Wyoming have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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