Byron, WY 82412 offers a much lower cost of living than the US average. The 2 bedroom rent in Byron is $820, significantly cheaper than the US average of $1430. Additionally, the Grocery Cost Index in Byron is 98 compared to 100 in the US meaning groceries cost less there as well. This lower cost of living can be attributed to the rural nature and relatively small population of Bryon; it has only 600 residents and few large companies. However, some local businesses have opened in the area recently such as a cafe called High Plains Espresso and an antiques store called Bygone Treasures which offer jobs for locals. All these factors together create an environment where the cost of living is very low.
Byron (zip 82412) has an unemployment rate of 6.1%. The US average is 6.0%.
Byron (zip 82412) has seen the job market decrease by -3.3% over the last year. Future job growth over the next ten years is predicted to be 11.2%, which is lower than the US average of 33.5%.
Tax Rates for Byron (zip 82412)
- The Sales Tax Rate for Byron (zip 82412) is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Byron (zip 82412) 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 Byron (zip 82412)
- The average income of a Byron (zip 82412) resident is $19,512 a year. The US average is $28,555 a year.
- The Median household income of a Byron (zip 82412) resident is $62,000 a year. The US average is $69,021 a year.