Quick facts: Midwest, WY

Quick Facts

Data is updating, will be available soon
284
Population
Crime rate Data is updating, will be available soon
$72,826
Median Income
below US average
$50,000
Median House Price
above US average
$1363
Average Rent
below US average
Poverty rate Data is updating, will be available soon
Unemployment Data is updating, will be available soon

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $72,826.

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Income Needed to Buy

βœ“ Affordable
$16k/year
Based on $50,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($72,826) exceeds requirement
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Income Needed to Rent

βœ“ Affordable
$58k/year
Based on $1363/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($72,826) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Midwest, WY

Midwest, Wyoming, is a small, charming town located in the central part of the state, within Natrona County. With a population of just a few hundred residents, it embodies the spirit of rural America. Surrounded by breathtaking landscapes, including rolling hills and expansive plains, it offers a peaceful atmosphere ideal for outdoor enthusiasts. The town is near the North Platte River, making it a great spot for fishing, kayaking, and hiking. Furthermore, Midwest is conveniently located about 35 miles southwest of Casper, the second-largest city in Wyoming, where residents can access more extensive amenities, dining, and entertainment options. Midwest has a rich history as a railroad town and is characterized by its close-knit community. The area is known for its open space, wildlife viewing, and beautiful sunsets, making it a perfect getaway for individuals seeking tranquility and the beauty of the American West. Overall, Midwest is a quintessential representation of Wyoming's serene rural lifestyle and natural beauty.

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