Midwest, WY Economy


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Midwest, WY is a great place to live for those looking for affordable housing and access to groceries. The average two-bedroom rent in the area is $840 per month, which is much lower than the US average of $1,430. Additionally, grocery costs in Midwest, WY have an index of 93 compared to 100 in the US. For those looking to move to Midwest, WY there are some amazing local businesses to explore such as Bozeman Creek Outfitters for outdoor gear and apparel, Open Range Bar & Grill for delicious food and drinks, and Ophir Valley Ski Area for skiing and snowboarding. With its low cost of living and easy access to outdoor activities, Midwest, WY is sure to be a great fit for many people.

Midwest has an unemployment rate of 7.9%. The US average is 6.0%.

Midwest has seen the job market decrease by -1.4% over the last year. Future job growth over the next ten years is predicted to be 4.2%, which is lower than the US average of 33.5%.

Tax Rates for Midwest
- The Sales Tax Rate for Midwest is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Midwest 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 Midwest
- The average income of a Midwest resident is $21,032 a year. The US average is $28,555 a year.
- The Median household income of a Midwest resident is $68,068 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMidwest, WyomingUnited States
  7.96
  -3.2%-6.2%
  4.2%33.5%
  5.0%6.2%
  0.0%4.6%
  $35,028$37,638
  $68,068$69,021
  $63,750$85,028
  Population by Occupation
  0.0%1.2%
  37.4%0.5%
  7.5%6.8%
  1.9%10.0%
  0.9%2.5%
  8.4%11.0%
  7.5%4.8%
  2.8%0.8%
  0.9%1.9%
  0.0%4.7%
  0.0%1.9%
  0.9%7.6%
  0.0%0.1%
  0.9%4.2%
  26.2%9.3%
  2.8%14.0%
  1.9%2.1%
  0.0%7.0%
  0.0%4.8%
  0.0%4.7%
Reviews for Midwest
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Marvin · 
Over 3 years ago

Great people. Easy living. Affordable living. This is a hidden jem in the U.S. i moved here from Salt Lake. Average house in salt lake is over 300k. You can  More

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Over 17 years ago

At one time those small houses were identical and new, as this was another "Company Town," owned lock, stock and barrell, by Standard Oil. The "Commissry" was where you  More

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