The labor pool participation rate in Laramie is 69.6%, with an unemployment rate of 4.8%. For many in the work force, the average commute time is 11.9 minutes. 23.5% of Laramie’s populace have a grad diploma, and 29.1% posses a bachelors degree. Among those without a college degree, 29.7% have some college, 13.3% have a high school diploma, and only 4.4% possess an education less than senior school. 8.7% are not covered by medical insurance.
The typical household size in Laramie, WY is 2.96 household members, with 45.3% owning their very own houses. The mean home valuation is $214635. For those leasing, they pay on average $797 per month. 69.1% of families have dual incomes, and an average household income of $46117. Average individual income is $21138. 23.9% of citizens exist at or below the poverty line, and 8.9% are disabled. 6.3% of residents are veterans associated with military.
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