Albin, WY is a small town with a population of approximately 400 people located in Laramie County. It is known for its quaint atmosphere and affordable living costs. The 2 Bedroom rent in Albin is $890 which is significantly lower than the US average of $1,430. This affordability also applies to the local grocery cost index which is 96 compared to the US average of 100. As a result, Albin provides an economical option for those looking to relocate or visit. There are several attractions in the area such as the Lime Kiln State Park, The Medicine Bow Museum and Historic Site and The Covered Bridge County Park Museum. In addition, there are multiple businesses including Enchanted Cowboy Bar & Grill, Downtown Stop Cafe & Grub and L&R Outfitters & Guide Service that provide local services for visitors and residents alike.
Albin has an unemployment rate of 5.0%. The US average is 6.0%.
Albin has seen the job market decrease by -2.1% over the last year. Future job growth over the next ten years is predicted to be 18.6%, which is lower than the US average of 33.5%.
Tax Rates for Albin
- The Sales Tax Rate for Albin is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Albin 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 Albin
- The average income of a Albin resident is $17,898 a year. The US average is $28,555 a year.
- The Median household income of a Albin resident is $148,036 a year. The US average is $69,021 a year.