Encampment, WY is a small town located in the southwest corner of Wyoming. Despite its small size, it offers its residents many amenities. The cost of living is much lower compared to the national average, including rental costs for two-bedroom apartments which are only around $920 per month. Grocery prices in the area are also quite affordable when compared to elsewhere in the US, with an index of 102 versus 100.
The local economy in Encampment is supported primarily by agriculture and tourism. Small businesses like Wild Js Country Store, Sagebrush Restaurant & Bar, and Encampment Gas & Grocery offer residents convenient services and goods. There are also multiple recreational opportunities nearby such as fishing at North Platte River or visiting nearby Medicine Bow National Forest. Overall, Encampment provides a great quality of life to all who decide to call it home.
Encampment has an unemployment rate of 5.1%. The US average is 6.0%.
Encampment has seen the job market decrease by -3.2% over the last year. Future job growth over the next ten years is predicted to be 6.2%, which is lower than the US average of 33.5%.
Tax Rates for Encampment
- The Sales Tax Rate for Encampment is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Encampment 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 Encampment
- The average income of a Encampment resident is $27,164 a year. The US average is $28,555 a year.
- The Median household income of a Encampment resident is $44,500 a year. The US average is $69,021 a year.