Zip 82050 (Albin, WY) Economy


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Albin, WY is a small town in Albany County with a population of 82 people. It is situated just south of Laramie. The median rental cost for a two-bedroom apartment is $870 per month, which is much lower than the US average of $1,430. Similarly, the Grocery Cost Index in Albin is 96 versus 100 in the US. This makes it an affordable place to live for those looking to move away from more expensive city areas. Albin also has some local businesses such as T&T Construction Inc., A-B Excavation & Construction, and 3G Hay & Cattle LLC that provide jobs to the residents and contribute to its economic growth.

Albin (zip 82050) has an unemployment rate of 5.0%. The US average is 6.0%.

Albin (zip 82050) 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 (zip 82050)
- The Sales Tax Rate for Albin (zip 82050) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Albin (zip 82050) 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 (zip 82050)
- The average income of a Albin (zip 82050) resident is $30,942 a year. The US average is $28,555 a year.
- The Median household income of a Albin (zip 82050) resident is $147,520 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAlbin, WyomingUnited States
  56
  0.5%-6.2%
  18.6%33.5%
  6.0%6.2%
  0.0%4.6%
  $44,507$37,638
  $147,520$69,021
  $147,778$85,028
  Population by Occupation
  14.3%1.2%
  1.5%0.5%
  4.5%6.8%
  10.5%10.0%
  0.0%2.5%
  1.5%11.0%
  3.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.8%4.7%
  2.3%1.9%
  0.8%7.6%
  0.0%0.1%
  1.5%4.2%
  39.9%9.3%
  0.0%14.0%
  0.0%2.1%
  1.5%7.0%
  3.0%4.8%
  15.0%4.7%
Health