Zip 83116 (Diamondville, WY) Economy


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United States / Wyoming / No Metro Area / Lincoln County / Diamondville / Diamondville (zip 83116)
Diamondville, Wyoming is a small town located in the southwestern part of the state with a population of around 1,076 people. The median home value is around $126,500 making it an affordable place to live for those looking for a more rural lifestyle. In terms of rent, a two bedroom is available at an average monthly price of $810. The local grocery cost index in Diamondville is 90 which is lower than the US average of 100 meaning groceries are slightly cheaper than the national average.
The most prominent industry in Diamondville is energy production as it lies near several coal mines and power plants. Other job opportunities can be found at healthcare facilities such as the South Lincoln Medical Center or retail stores like Dollar General and Family Dollar that are present in town. The median household income in Diamondville is around $63,000 annually while other professions like nursing have an annual salary of about $50,000 -$60,000 depending on experience and qualifications. \nAll in all, living in Diamondville can be good option for those who want to take advantage of the lower cost of living and enjoy the peace and quiet offered by small towns while still having access to necessary amenities like health care centers or retail stores.

Diamondville (zip 83116) has an unemployment rate of 5.2%. The US average is 6.0%.

Diamondville (zip 83116) 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 Diamondville (zip 83116)
- The Sales Tax Rate for Diamondville (zip 83116) is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Diamondville (zip 83116) 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 Diamondville (zip 83116)
- The average income of a Diamondville (zip 83116) resident is $32,091 a year. The US average is $37,638 a year.
- The Median household income of a Diamondville (zip 83116) resident is $57,368 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDiamondville, WyomingUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
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    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
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    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
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    Unlock4.8%
    Unlock4.7%
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