Smoot, WY is a small rural town located in the heart of Wyoming that offers all the perks of country living. Residents enjoy a slower pace of life, affordable rent and grocery costs, and access to plenty of outdoor activities. Cost of living is significantly lower than the US average making it an attractive option for those looking for a more cost-effective lifestyle. Local companies such as Smoot Valley Landscaping, M & P Auto Repair, and Foothills Ranching Supply bring jobs to the local economy and help promote community involvement. With plenty of wildlife, peaceful scenery, and community spirit there are many benefits to living in Smoot, WY.
Smoot has an unemployment rate of 5.2%. The US average is 6.0%.
Smoot has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 32.4%, which is lower than the US average of 33.5%.
Tax Rates for Smoot
- The Sales Tax Rate for Smoot is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Smoot 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 Smoot
- The average income of a Smoot resident is $19,628 a year. The US average is $37,638 a year.
- The Median household income of a Smoot resident is $0 a year. The US average is $69,021 a year.