Thermopolis 76 Exceptional
Thermopolis Livability #12 ranked city in Wyoming#3,002 ranked city in the USARanks better than 89% of areas

Pros and Cons of Living in Thermopolis

PROS
  • Cost Of Living

    Everyday cost of living expenses like goods and services, housing, groceries, transportation, health care and utilities are far below the national average.

  • Crime

    This area boasts a crime rate that is far below the national average, making it a very safe place to live. These crime statistics encompass both property and violent offenses.

  • Housing

    Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.

  • Ratings

    According to recent surveys and polls, locals had excellent ratings for walkability to nearby amenities, safety, access to public transit and the overall sense of community in the area.

CONS
  • Amenities

    The majority of amenities will be difficult to reach within a short walk, often requiring residents to use a vehicle or public transportation for access.

  • Commute

    Low commute scores could be due to limited access to public transit in this area, as well as longer-than-average work commute times for residents.

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What's it like Living in Thermopolis?

Located in the state of Wyoming, Thermopolis is a small city with a population of 2,747 people. The majority of Thermopolis residents report their race to be White; this is followed by American Indian and Alaskan and Black. If you're not a fan of traffic congestion and long commute times to work, Thermopolis is the place to be. Commutes to work here are shorter, with an average one-way commute time taking only 17 minutes, significantly lower than the national average of 26 minutes.

Are you trying to figure out if living in Thermopolis is the right fit for your lifestyle? To ensure a great experience before relocating to any new city in Wyoming, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. The best areas in Thermopolis and in surrounding cities are easier to find when you are able to make informed decisions. Using data from cost of living, commute, employment, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Wyoming and national averages.

With a livability score of 73/100, Thermopolis is ranked #4,026 in the United States and #16 in Wyoming. Based on the rankings for each individual category, Thermopolis has received high marks for crime (A+), cost of living (A+), education (C+), employment (B-) and housing (A). There are some categories that Thermopolis scores poorly for, including: amenities (F). It might be worth taking a closer look to determine why.

Low violent crime rates (murder, rape, robbery, assault) provide a safer environment for residents, reducing the risk of personal harm, property theft or violence. Low crime can also lead to increased property values and desirability. With 37 crimes per 100,000 residents, Thermopolis has a violent crime rate that is far below the national average.

The Thermopolis unemployment rate of 1.63% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the local economy.

A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Thermopolis excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.

Thermopolis real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Thermopolis. Median real estate prices in Thermopolis come in at $157,600, which is 21.2% lower than the Wyoming average. The home price to income ratio compares the median home prices to the median household income. In Thermopolis, the home price to income ratio is 2.5, which is 26.5% lower than the Wyoming average.

Best Places to Live in and Around Thermopolis

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Compare Thermopolis, WY Livability

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      Thermopolis transportation information

      Statistic Thermopolis Wyoming National
      Average one way commute17min18min26min
      Workers who drive to work77.9%77.0%76.4%
      Workers who carpool9.5%10.7%9.3%
      Workers who take public transit0.0%1.5%5.1%
      Workers who bicycle0.0%0.8%0.6%
      Workers who walk5.5%4.1%2.8%
      Working from home5.5%4.8%4.6%
      Source: The Thermopolis, WY data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).