Around the Nation -- Residential Real Estate Update - Wyoming
By Jeff Adolph
State-by-state
Situated in the Western region of the U.S.A, this state is ranked as the 10th largest by land mass and the 50th largest by population with 493,782 people residing in this region.
This states economy relies heavily on tourism, coal, natural gas, coalbed methane, crude oil, uranium, hay, sugar beets, grain and wool production.
There is no income tax in this state on wages or salaries, however there is a 4% sales tax on goods. Only 9.5% of property is taxed based on market value meaning that if a property was valued at $100,000 only 9.5% of this value would be taxed. Therefore, $9,500 of the property would then be taxed.
Alva
Population growth has decreased by 2.2% in this region and job growth has declined by 2.3%. The median age of residents is 32 years old with there being more men than omen in the area.
The median value for homes in this region hovers around $118,000. Approximately 2.9% of homes are vacant in this area with 67.7% owned and 29.4% rented.
LGBT Real Estate Facts: There are approximately 807 same-sex couples residing in Wyoming making this region the 51st gayest state in America. The gayest zip codes in this locality are 82711 Alva; 82711 Gilette; 82051 Bosler; 82322 Bairoil; and 82731 Weston. -- gaydemographics.com
Main Story Source: House Hunt (2008) Real Estate Market Trends; available online at http://www.househunt.com
Picture Source: wikipedia.org
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