Quick facts: Rock springs, WY

Quick Facts

Data is updating, will be available soon
23,021
Population
14.2
Crime Rate per 1000
below US average
$75,863
Median Income
below US average
$315,000
Median House Price
above US average
$890.83
Average Rent
below US average
11%
Poverty Rate
above US average
3.2%
Unemployment Rate
below US average

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 $75,863.

🏠

Income Needed to Buy

βœ— Stretch
$99k/year
Based on $315,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $99k vs median $75,863
🏒

Income Needed to Rent

βœ“ Affordable
$38k/year
Based on $890.83/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($75,863) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Rock springs, WY

Rock Springs is a vibrant city located in Sweetwater County, Wyoming. Known for its rich history tied to the coal mining and railroad industries, Rock Springs is often referred to as the "Gateway to the Green River." The city boasts a population of around 23,000 residents and is characterized by its diverse cultural background, reflecting the many immigrants who settled here during the boom periods of the early 20th century. Outdoor enthusiasts will find plenty to love in Rock Springs, as it is surrounded by stunning landscapes including the expansive Red Desert and the beautiful Flaming Gorge National Recreation Area, offering opportunities for hiking, fishing, and outdoor recreation. The city is also close to the famous Rock Springs Wild Horses, an important part of local heritage. Downtown Rock Springs features a mix of historic buildings, shops, and dining options, providing a taste of local flavor. The city is home to several annual events, including the Rock Springs Fair and Rodeo, which showcases the community’s cowboy culture. Overall, Rock Springs, with its unique blend of history, culture, and outdoor adventure, serves as an inviting oasis in Wyoming’s vast wilderness.

πŸ” Search & Compare Places

First Location πŸ“