Albany County, Wyoming: commercial real estate data.
Albany County, Wyoming has a population of 38,249 across 4,274 square miles, up 6.0 percent since the 2020 census base. County output reached $2.36 bn in 2024, 1,097 establishments operate here, and the SBA record carries 33 7(a) approvals worth $30.2 m.
114 sourced county values · tier FULL · 10 sections
Albany County
How many people live in Albany County
- Population38,249
- Households17,083
- Average household size2.24
- Median household income$61,917
- Median age28.6
- Median gross rent$931 per month
- Median owner-occupied home value$333,000
- Home value to household income5.4 times
- Annual rent as a share of median income18.0 percent
- Adults 25 and over with a bachelor degree or higher55.0 percent
- Adults 25 and over with a graduate degree27.7 percent
- Adults 25 and over21,635
- Population under 185,887
- Share under 1815.4 percent
- Population 65 and over5,169
- Share 65 and over13.5 percent
- Working age population, 18 to 6427,193
- Civilian labor force22,749
- Unemployment rate3.7 percent
- Labor force participation, adults 18 and over70.3 percent
- Rank by population among Wyoming counties6th of 23
- Rank by population among US county-equivalents1241st
Albany County is the 6th largest of 23 Wyoming counties by population. A median home costs 5.4 times median household income, which is a stretched ownership market and usually shows up as rental demand. Residents under 18 outnumber those 65 and over, at 15.4 percent against 13.5 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Albany County
Is Albany County growing
- Population change since the 2020 census base5.98 percent
- Census 2020 base population37,071
- Births, 2024333
- Deaths, 2024204
- Natural change, 2024129
- Net domestic migration, 2024-102
- Net international migration, 2024634
- Total net migration, 2024532
- Cumulative net domestic migration, 2021 to 2024313
- Rank by growth among US county-equivalents411th
The county has grown 5.98 percent since the 2020 census base. Migration contributed more to 2024 change than births over deaths, so demand here follows people arriving rather than families forming.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Albany County
Where people moving to Albany County come from
- Tax returns filed by households arriving1,486
- People arriving, from those returns2,287
- Adjusted gross income arriving$118.8 m
- Net adjusted gross income movement$0
- Average income of an arriving household$79,956
- Largest single originAlbany County Non-migrants (12,442 households)
- Largest single destination (12,442 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Albany County Non-migrants | 12,442 | 23,135 | $1.04 bn |
| Other flows - Different State | 818 | 1,318 | $50.2 m |
| Other flows - West | 399 | 661 | $25.2 m |
| Other flows - South | 186 | 293 | $11.4 m |
| Other flows - Midwest | 172 | 268 | $10.5 m |
| Laramie County | 141 | 217 | $9.0 m |
| Other flows - Same State | 115 | 148 | $4.6 m |
| Other flows - Northeast | 61 | 96 | $3.1 m |
The largest single source of arrivals is Albany County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Albany County
What the Albany County economy runs on
- County GDP, 2024$2.36 bn
- County GDP, 2023$2.25 bn
- GDP change, 2023 to 20245.1 percent
- GDP change over five years41.3 percent
- Rank by GDP among Wyoming counties6th
- Rank by GDP among US county-equivalents1147th
- GDP per resident$61,689
Output grew 5.1 percent in the latest year and 41.3 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Albany County
Who employs people in Albany County
- Covered employment, annual average17,057
- Establishments reporting1,666
- Average annual pay$53,849
- Average weekly wage$1,036
- Sector 62, employment2,181
- Sector 62, average annual pay$56,475
- Sector 72, employment2,069
- Sector 72, average annual pay$20,329
- Sector 44-45, employment1,775
- Sector 44-45, average annual pay$35,183
- Sector 54, employment1,155
- Sector 54, average annual pay$98,594
- Sector 23, employment923
- Sector 52, employment482
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 62 | 2,181 | 165 | $56,475 |
| Sector 72 | 2,069 | 128 | $20,329 |
| Sector 44-45 | 1,775 | 134 | $35,183 |
| Sector 54 | 1,155 | 362 | $98,594 |
| Sector 23 | 923 | 182 | $59,237 |
| Sector 52 | 482 | 81 | $67,145 |
| Sector 61 | 357 | 52 | $54,910 |
| Sector 48-49 | 214 | 36 | $57,570 |
The largest sector is the biggest private employer group at 2,181 jobs, 12.8 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Albany County
What businesses operate in Albany County
- Establishments, all industries1,097
- Employment at those establishments10,670
- Annual payroll$433.9 m
- Establishments per 1,000 residents28.7
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Albany County
What is being built in Albany County
- Housing units authorised by permit, 2024137
- Declared construction value permitted$36.9 m
- Single family units authorised87
- Multifamily units authorised50
- Multifamily share of units36.5 percent
- Average declared value per unit$269,373
- Units authorised per 1,000 households8.0
Multifamily is 36.5 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Albany County
How much SBA lending happens in Albany County
- 7(a) approvals recorded33
- 7(a) gross approval dollars$30.2 m
- Average 7(a) approval$916,521
- Median 7(a) approval$700,000
- 10th percentile approval$150,000
- 90th percentile approval$1,682,000
- Largest single approval$4,750,000
- Jobs reported supported, 7(a)577
- Jobs per approval17.5
- Distinct 7(a) lenders active21
- Distinct industries receiving approvals23
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer15.2 percent
- Loans on real estate terms5
- Loans on working capital terms, 120 months or shorter26
- Franchise loans12
- Franchise share of approvals36.4 percent
- Leading industry by approval countLimited-Service Restaurants (4)
- Most active lenderFirst Bank of the Lake (3)
- 504 approvals recorded29
- 504 gross approval dollars$13.5 m
- Average 504 approval$465,069
- Median 504 approval$223,000
- Distinct CDCs active3
- 504 jobs per approval4.2
- 504 jobs per million dollars approved9.0
- Most active CDCWyoming Capital Access (22)
- 7(a) share of SBA approvals53.2 percent
- Combined SBA approval dollars$43.7 m
The average approval of $916,521 sits close to the median of $700,000, so lending here is fairly evenly sized rather than driven by a few large deals. Only 15.2 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Albany County
Do SBA loans in Albany County get paid back
- Loans with a final outcome recorded4
- Paid in full3
- Charged off1
- Status: Exempt from disclosure25
- Status: Cancelled4
- Status: Charged off1
- Status: Paid in full3
Too few loans have reached a final outcome to publish a charge off rate. only 4 resolved loans, too few to publish a rate. A rate computed on a handful of loans is noise, so none is shown.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Albany County
How big is Albany County
- Land area4,274 sq mi
- Rank by land area among Wyoming counties8th of 23
- Width, east to west54.2 mi
- Height, north to south99.2 mi
- Geographies sharing a boundary4
- Residents per square mile of land9
- Establishments per square mile0.26
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No NFIP communities are listed for this county in the FEMA Community Status Book.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Albany County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Albany County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population38,249
- Households17,083
- Average household size2.24
- Median household income$61,917
- Median age28.6
Common questions
Albany County questions, answered from the record.
How many people live in Albany County, Wyoming?
38,249, in 17,083 households, ranking 6th of 23 Wyoming counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Albany County growing?
The population has grown 5.98 percent since the 2020 census base. In 2024 there were 333 births against 204 deaths, with net migration of 532. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Albany County?
$61,917. The median owner-occupied home is valued at $333,000, which is 5.4 times income, and median gross rent is $931 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Albany County?
1,097 establishments, employing 10,670 people with an annual payroll of $433.9 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Albany County?
Average annual pay is $53,849, or $1,036 a week, across 17,057 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Albany County?
33 7(a) approvals totalling $30.2 m since FY2020, across 21 lenders, with a median approval of $700,000, plus 29 504 approvals worth $13.5 m. These are approvals recorded in the release, not loans disbursed.
What is being built in Albany County?
137 housing units were authorised by permit in 2024, with a declared construction value of $36.9 m. Multifamily was 36.5 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Albany County?
Zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Albany County come from?
The largest single origin is Albany County Non-migrants, with 12,442 households. Arriving households report an average income of $79,956 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Albany County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Albany County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.