Parkman, WY is a small town with a population of around 1,000 people. It is located in the northern part of Wyoming and is known for its breathtaking views of the landscape. Located just an hour away from Yellowstone National Park, Parkman has become a popular destination for outdoor activities.
The cost of living in Parkman is relatively low compared to other parts of Wyoming and the US as a whole. The average rent for a two-bedroom apartment in Parkman is $980 per month while it’s $1,430 nationally. A grocery cost index also shows that food costs in Parkman are lower than those found across the US as well.
Local companies in Parkman include Campfire Outdoor Supply Co., which offers camping and outdoor supplies; Rustic Cabinetry, which specializes in custom cabinetry; and Westring Ranching Supplies, which provides ranching equipment to local ranchers. There are also several restaurants that offer traditional Wyoming cuisine such as The High Country Cafe and Grubstake Saloon & Grill.
Parkman has an unemployment rate of 5.7%. The US average is 6.0%.
Parkman has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 19.1%, which is lower than the US average of 33.5%.
Tax Rates for Parkman
- The Sales Tax Rate for Parkman is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Parkman 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 Parkman
- The average income of a Parkman resident is $30,126 a year. The US average is $37,638 a year.
- The Median household income of a Parkman resident is $56,228 a year. The US average is $69,021 a year.