Niobrara County, Wyoming Housing Market
In Niobrara County, Wyoming, the median home value is $221,500, with a median monthly rent of $605. This places Niobrara County at #1171 nationally out of 3134 counties by median home value, and #21 within Wyoming.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $0
- Establishments: 90
- BLS QCEW, 2025
Migration Patterns
- Inflow: 896 (avg $64,124)
- Outflow: 822 (avg $66,078)
- IRS Statistics of Income
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| Metric | Niobrara County | Wyoming Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $221,500 | $346,991 | $227,706 |
| Median Gross Rent | $605 | $941 | $968 |
| Owner Occupancy Rate | 61.8% | 73.6% | 73.3% |
| Price/Rent Ratio | 30.5 | 28.8 | 18.7 |
Market Analysis
The median home value in Niobrara County is 36.2% below the Wyoming state average and 2.7% below the U.S. national average. The median rent of $605/month is 35.7% below the state average.
With a price-to-rent ratio of 30.5, Niobrara County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.
Niobrara County has an owner-occupancy rate of 61.8%, compared to 73.6% in Wyoming and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Jasper County | Indiana | $221,500 | $962 |
| St. Louis County | Minnesota | $221,400 | $1,013 |
| Wayne County | Nebraska | $221,600 | $800 |
| Cumberland County | New Jersey | $221,400 | $1,282 |
| Greene County | Missouri | $221,300 | $989 |
Other Counties in Wyoming
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Weston County | $221,700 | $698 | 86.8% |
| Carbon County | $222,700 | $842 | 76.3% |
| Big Horn County | $216,500 | $823 | 75.9% |
| Hot Springs County | $227,500 | $887 | 72.7% |
| Washakie County | $206,000 | $720 | 74.2% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).