Riverton, WY is a small town located in the foothills of the Rockies. It has a population of around 10,000 and a relaxed way of life. Rent for a two bedroom apartment is much lower than the national average, at $860 compared to $1,430. Prices for groceries are also lower in comparison to other places in the US with an index of 100 versus 100 in the US.
The local economy is based on agriculture and ranching with additional support from tourism, oil & gas and manufacturing industries. The town hosts several businesses including local favorites such as Car Quest Auto Parts and Wind River Burger Barn. There's also Mountain View Co-Op which offers great deals on locally grown produce. The annual Rendezvous Days Festival brings business owners from all over into Riverton to celebrate with locals each year.
Riverton has an unemployment rate of 6.2%. The US average is 6.0%.
Riverton has seen the job market decrease by -2.4% over the last year. Future job growth over the next ten years is predicted to be 9.1%, which is lower than the US average of 33.5%.
Tax Rates for Riverton
- The Sales Tax Rate for Riverton is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Riverton is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Riverton
- The average income of a Riverton resident is $22,767 a year. The US average is $28,555 a year.
- The Median household income of a Riverton resident is $51,565 a year. The US average is $69,021 a year.