Living in Medicine Bow, Wyoming
Cost of living, income, home prices, rent and demographics of Medicine Bow · Census data 2020–2024
Medicine Bow has 442 residents with a median age of 54.1. The median household income is $72,500 (5% lower than the Wyoming median), the median home value is $74,600, the median rent is $529/month.
Medicine Bow is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Medicine Bow at a glance
- Population
- 442
- Median age
- 54.1State: 39.1
- Median household income
- $72,500State: $76,176
- Median home value
- $74,600State: $309,700
- Median rent
- $529/moState: $992
- Homeowners
- 68.5%
- Bachelor's degree or higher
- 9.1%
- Average commute
- 13 min
Is Medicine Bow a good place to live?
Pros: Home values 76% lower than the state median; an average commute of 13 minutes.
Cons: Median household income 5% lower than the Wyoming median; unemployment of 5.2%; a poverty rate of 13.3%.
The weather is best in June to September.
Cost of living in Medicine Bow
Housing is the biggest part of the cost of living. In Medicine Bow the median home value is $74,600, 78% lower than the U.S. median. Renters pay a median of $529 per month, which is 23.8% of household income. Homeowners with a mortgage pay $1,000 a month in housing costs.
Medicine Bow median household income
The median household income in Medicine Bow is $72,500 and the income per person is $40,428. 13.3% of residents live below the poverty line (Wyoming: 10.5%).
Housing in Medicine Bow: homes for sale and rent
- Housing units
- 278
- Owner-occupied
- 68.5%
- Renter-occupied
- 31.5%
- Vacant
- 16.5%Includes seasonal homes
- Median year built
- 1972
- Average household size
- 1.91
Medicine Bow demographics
- Population
- 442
- Median age
- 54.1
- Under 18
- 4.1%
- 65 and older
- 22.6%
- Households
- 232
- Foreign-born
- 3.4%
- Veterans
- 12.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Medicine Bow ›
Education in Medicine Bow
9.1% of adults 25 and older in Medicine Bow have a bachelor's degree or higher (Wyoming: 30.6%), and 0.7% have a graduate or professional degree.
Jobs and commute in Medicine Bow
- Unemployment rate
- 5.2%State: 3.7%
- Average commute
- 13 minState: 19 min
- Work from home
- 3.2%
- Drive alone
- 94%
- Public transit
- 0%
- Walk to work
- 1.6%
- Homes with broadband
- 71.1%
Medicine Bow vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Medicine Bow | 442 | $72,500 | $74,600 | $529 |
| Rock River | 219 | $49,500 | $127,000 | $2,059 |
| Hanna | 789 | $75,540 | $123,000 | — |
| Centennial | 521 | $110,579 | $288,600 | — |
| Saratoga | 1,740 | $85,234 | $296,400 | $1,136 |
More for people moving to Medicine Bow
Medicine Bow ZIP code ›Weather and climate ›Living in Medicine Bow: FAQ
What is the median household income in Medicine Bow, WY?
The median household income in Medicine Bow is $72,500, 5% 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 Medicine Bow?
The median home value in Medicine Bow is $74,600, compared with $309,700 in Wyoming.
How much is rent in Medicine Bow?
The median gross rent in Medicine Bow is $529 per month, about 23.8% of household income.
Is Medicine Bow, WY a good place to live?
Pluses: home values 76% lower than the state median; an average commute of 13 minutes. Minuses: median household income 5% lower than the Wyoming median; unemployment of 5.2%; a poverty rate of 13.3%.
What is the median age in Medicine Bow?
The median age in Medicine Bow is 54.1 years (Wyoming: 39.1).
How long is the commute in Medicine Bow?
The average commute to work in Medicine Bow is 13 minutes; 3.2% of workers work from home.
What is the unemployment rate in Medicine Bow?
The unemployment rate in Medicine Bow is 5.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Medicine Bow?
9.1% of adults in Medicine Bow 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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