51 Wyoming Business Stats & Facts For 2025

Here are 51 business stats about Wyoming for 2025.

Basics:

Population: 584,057 (US Census 2020)
Population desnity per square mile: 5.90
GDP: $50,172 (millions USD)
GDP Per Capita: $86,880
Median household income (in 2022 dollars): $72,495
Real GDP Growth Rate: 5.40%
Total Employment: 256.8k
Unemployment Rate: 3.6%

Rankings

% Share of National Economy: 0.18%
State Economic Growth Rank (out of 50): 48
Population Growth Rank (out of 50): 44
Business Growth Rank (out of 50): 36
State Growth Rank in Employment (out of 50): 8

Biggest Industries In Wyoming By Revenue

1. Oil Drilling & Gas Extraction: $18.0b
2. Petroleum Refining: $12.9b
3. Gasoline & Petroleum Bulk Stations: $3.2b
4. Coal Mining: $3.2b
5. Gasoline & Petroleum Wholesaling: $3.0b
6. SUV & Light Truck Manufacturing: $2.6b
7. Hospitals: $2.4b
8. Gas Stations with Convenience Stores: $2.0b
9. Mineral & Phosphate Mining: $1.9b
10. New Car Dealers: $1.8b

Biggest Employers In Wyoming

1. Walmart Inc.: 5,242 (2.0%)
2. University of Wyoming: 2,908 (1.1%)
3. Wyoming Medical Center: 1,218 (0.5%)
4. The Home Depot, Inc.: 1,096 (0.4%)
5. The Kroger Co.: 1,080 (0.4%)
6. United States Postal Service: 1,051 (0.4%)
7. Sheridan Memorial Hospital: 700 (0.3%)
8. Laramie County Community College: 362 (0.1%)
9. Target Corp: 346 (0.1%)
10. Lowes Companies Inc.: 173 (0.1%)

Small Businesses In Wyoming

Number of Small Businesses 73,330
Percent of bossiness that are small businesses: 98.90%
Number of employees: 133,159
Share of Employment: 64.60%
Number of New Businesses In The Past Year: 3,239
Number of Businesses That Closed In The Past Year: 2,443
Net Change In New Businesses: 796

Number of Businesses With No Employees: 55,372
Number of Businesses with 1-19 Employees: 16,249
Number of Businesses with 20-499 Employees: 1,709
Share of Businesses Owned By Women: 46.40%
Share of Businesses Owned By Veterans: 8.70%
Share of Hispanic Owned Businesses: 5.20%
Share of Businesses Owned By Racial Minorities: 3.70%

Fortune 500 Companies In Wyoming

Number of Fortune 500 Headquaters: N/A
Biggest Company:
Biggest Company Type: N/A
Number of Employees: N/A
Revenue (in millions): N/A

Taxes In Wyoming

State Corporate Tax Rate: None
State Corporate Tax Rate Brackets: None

State Sales Tax Rate: 4.00%
State Sales Tax Rank (out of 50): 40
Average Local Sales Tax Rate: 1.44%
Max Local Sales Tax Rate: 2.00%
Average Combined Sales Tax Rate: 5.44%
Combined Sales Tax Rank (out of 50): 44

Minimum State Income Tax Rate If You’re Single: None
Minimum State Income Tax Rate If You’re Married: None

General Wyoming Population Facts

In civilian labor force, total, percent of population age 16 years+: 65.00%
In civilian labor force, female, percent of population age 16 years+: 60.20%
Share of population which is foreign born: 3.40%
Mean travel time to work (minutes), workers age 16 years+: 18

Housing

Number of Housing Units: 280,121
Owner-occupied housing unit rate: 71.90%
Median value of owner-occupied housing units: $269,900
Median gross rent per month: $933
Households with a computer: 94.50%
Households with a broadband Internet subscription: 88.20%

Education

High school graduate or higher, percent of persons age 25 years+: 93.90%
Bachelor’s degree or higher, percent of persons age 25 years+: 29.00%

Also See

• Wyoming Registered Agent Services
• Wyoming Secretary of State Business Search
• How To Form an LLC In Wyoming
• Wyoming Bookkeepers & Bookkeeping Services

Sources

• https://en.wikipedia.org/wiki/List_of_U.S._states_and_territories_by_GDP
• https://en.wikipedia.org/wiki/Economy_of_Wyoming
• https://www.ibisworld.com/united-states/economic-profiles/wyoming/
• https://taxfoundation.org/data/all/state/2024-sales-taxes/
• https://taxfoundation.org/data/all/state/state-corporate-income-tax-rates-brackets-2024/
• https://taxfoundation.org/data/all/state/state-income-tax-rates-2024/
• https://advocacy.sba.gov/2023/11/14/2023-small-business-profiles-for-the-states-territories-and-nation/
• https://advocacy.sba.gov/wp-content/uploads/2023/11/2023-Small-Business-Economic-Profile-WY.pdf
• https://www.bls.gov/eag/
• https://www.bls.gov/regions/mountain-plains/wyoming.htm#eag
• https://www.census.gov/quickfacts/fact/table/WY,US/PST045223
• https://www.50pros.com/fortune500