Living in Basin, Wyoming
Cost of living, income, home prices, rent and demographics of Basin · Census data 2020–2024
Basin has 1,290 residents with a median age of 42.5. The median household income is $65,515 (14% lower than the Wyoming median), the median home value is $157,300, the median rent is $903/month.
Basin is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Basin at a glance
- Population
- 1,290
- Median age
- 42.5State: 39.1
- Median household income
- $65,515State: $76,176
- Median home value
- $157,300State: $309,700
- Median rent
- $903/moState: $992
- Homeowners
- 72%
- Bachelor's degree or higher
- 24.5%
- Average commute
- 15 min
Is Basin a good place to live?
Pros: Home values 49% lower than the state median; an average commute of 15 minutes.
Cons: Median household income 14% lower than the Wyoming median; a poverty rate of 14.9%.
The weather is best in May–June and August–September.
Cost of living in Basin
Housing is the biggest part of the cost of living. In Basin the median home value is $157,300, 53% lower than the U.S. median. Renters pay a median of $903 per month, which is 20.4% of household income. Homeowners with a mortgage pay $1,055 a month in housing costs.
Basin median household income
The median household income in Basin is $65,515 and the income per person is $36,011. 14.9% of residents live below the poverty line (Wyoming: 10.5%).
Housing in Basin: homes for sale and rent
- Housing units
- 592
- Owner-occupied
- 72%
- Renter-occupied
- 28%
- Vacant
- 14.4%Includes seasonal homes
- Median year built
- 1961
- Average household size
- 2.27
Basin demographics
- Population
- 1,290
- Median age
- 42.5
- Under 18
- 14.7%
- 65 and older
- 20.9%
- Households
- 507
- Foreign-born
- 1.2%
- Veterans
- 15.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Basin ›
Education in Basin
24.5% of adults 25 and older in Basin have a bachelor's degree or higher (Wyoming: 30.6%), and 9.3% have a graduate or professional degree.
Jobs and commute in Basin
- Unemployment rate
- 0%State: 3.7%
- Average commute
- 15 minState: 19 min
- Work from home
- 0.4%
- Drive alone
- 86.8%
- Public transit
- 0%
- Walk to work
- 2.8%
- Homes with broadband
- 89.3%
Basin vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Basin | 1,290 | $65,515 | $157,300 | $903 |
| Greybull | 2,091 | $65,417 | $169,600 | $807 |
| Burlington | 242 | $82,000 | $198,200 | — |
| Worland | 4,794 | $63,357 | $185,300 | $703 |
| Lovell | 2,422 | $60,154 | $209,700 | $626 |
| Byron | 595 | $64,167 | $170,800 | $883 |
| Cowley | 755 | $79,732 | $232,300 | — |
| Meeteetse | 612 | $36,250 | $153,900 | $774 |
| Powell | 6,503 | $63,523 | $289,400 | $764 |
More for people moving to Basin
Basin ZIP code ›Weather and climate ›Living in Basin: FAQ
What is the median household income in Basin, WY?
The median household income in Basin is $65,515, 14% lower than the Wyoming median of $76,176 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Basin?
The median home value in Basin is $157,300, compared with $309,700 in Wyoming.
How much is rent in Basin?
The median gross rent in Basin is $903 per month, about 20.4% of household income.
Is Basin, WY a good place to live?
Pluses: home values 49% lower than the state median; an average commute of 15 minutes. Minuses: median household income 14% lower than the Wyoming median; a poverty rate of 14.9%.
What is the median age in Basin?
The median age in Basin is 42.5 years (Wyoming: 39.1).
How long is the commute in Basin?
The average commute to work in Basin is 15 minutes; 0.4% of workers work from home.
What is the unemployment rate in Basin?
The unemployment rate in Basin is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Basin?
24.5% of adults in Basin 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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