Basin Average Income, Population and Demographics

Are you tired of spending 10+ hours searching for demographic and population data for Basin, Wyoming? We have all of the data you need by state, county, city, and zip code that will save you many hours of research!

In this article, we'll explore most of the 190+ data points we have for Basin, covering popular demographics statistics like household income, race, age and gender, educational attainment, poverty, housing, and transportation.

The data on this page is from the 2022 American Community Survey (ACS) 5-Year survey from the US Census Bureau.

Median Household Income

According to the latest ACS 5-year survey in 2022, the median household income in Basin is $55,635.00.

The chart below shows the average household income by age in Basin.

• Under 25
  $0.00
• 25 to 44
  $66,250.00
• 45 to 64
  $56,066.00
• 65 and over
  $0.00

Average Household Income

A very commonly asked question is "what is the average household income in Basin, Wyoming?". The official term for the average household income is the mean household income. The mean household income is the total income of all households divided by the number of households.

The average (or mean) household income in Basin is $59,092.00.

0.00% of households in Basin, Wyoming are classed as high income households (making $200,000+ per year).

Household Income Tiers for Basin

We can also look at the household income tiers. This lets you see how many households fall into each of the earnings brackets and what percentage that bracket is of the total number of households.

The chart below shows the household income brackets to see which age groups have the highest median income. The actual data is more granular than these brackets, but we've simplified them into bigger categories to make reviewing the data for Basin, Wyoming easier to view.

You can purchase the raw data above, which will have the full income tiers with smaller jumps in household income.

• Less than $24,999
  21.27%
• $25,000 to $49,999
  19.84%
• $50,000 to $74,999
  33.54%
• $75,000 to $99,999
  14.31%
• $100,000 to $149,999
  8.18%
• $150,000 to $199,999
  2.86%
• $200,000 or more
  0.00%

Per Capita Income

The per capita income is the average income of all people in Basin, Wyoming. This is calculated by dividing the total income of all people in Basin by the total number of people in Basin.

It differs from the average or mean household income because it includes all people in Basin and not just the people who earn an income (i.e. children, retirees, unemployed, etc.).

The per capita income in Basin, Wyoming is $27,479.00.

Population in Basin by Race and Ethnicity

The total population in Basin is currently 1,275 people.

The race and ethnicity of the population in Basin can be very important for social research, economics, and marketing to a multi-culturial society.

Whether you want to target products or services to a particular race or ethnicity, or provide housing and new businesses to improve areas with a larger ethnic minority population, this data is very valuable for discovering suitable areas.

The chart below breaks down the population and percentage for each race and ethnicity in Basin, Wyoming.

• 0.00% White
  0
• 97.60% Black/African American
  1,244
• 93.20% Native
  1,188
• 1.80% Hispanic
  23
• 0.00% Asian
  0
• 0.50% Hawaiian/Pacific Islander
  7
• 1.60% Two or more races
  21
• 0.00% Other
  0

Population of Basin by Age and Gender

Another very important demographics statistic for Basin, Wyoming is the age and gender of the population. The age and gender of the population can be used to track trends in population growth or decline, and for businesses, the data can be used to identify people important to you and your business need.

In the table below, we show age groups at a 10 year granularity for ease of use. The raw data, which can be purchased above, includes age and gender at a 5 year granularity.

Education Levels

Educational attainment is a very useful statistic that can give insights into other data such as the average household income, unemployment levels, and literacy.

What this means is that it is likely for areas that have higher levels of education to have higher average household incomes, lower unemployment rates, and higher literacy rates.

The chart below shows the educational attainment of the population in Basin, Wyoming.

• Master's degree or higher
  6.42%
• Bachelor's degree
  18.49%
• Some college or associate's degree
  18.87%
• High school diploma or equivalent
  54.53%
• Less than high school diploma
  1.70%

Unemployment Rates

The unemployment rate is the percentage of the population that is actively looking for work but is unable to find a job. The unemployment rate is a very important statistic for Basin because it can show how many people are actively looking for work and how many people are unable to find a job.

Lower levels of unemployment is generally seen as a positive sign for the economy. It also makes the government in Basin look good because it shows that they are doing a good job of creating jobs, working to capacity, being efficient, and keeping the economy strong.

The unemployment rate is calculated using the total population in Basin, Wyoming that are over the age of 16.

The current population in Basin that are over the age of 16 is 1,060 people.

The unemployment rate in Basin is 2.00%, which means 11 people are unemployed.

Median Age in Basin

The median age is an interesting metric because it gives us an idea of the age distribution of people in Basin, Wyoming. You know when you see a median age that it is the age where half of the population is older and half is younger than it.

For demographic studies, this can be used to infer and compare date to things such as birth rates, the age of parents, and so on.

An increasing median age can be a sign of an aging population, which can be a sign of a declining population. This is because older people tend to have fewer children and die more often than younger people.

The median age in Basin is 41.1 years old.

We can also look at the median age by gender to compare the see how each group compares to the total median age:

Median age by gender in Basin

41.1

Total

38.6

Male

53

Female

Households and Families

There are a total of 489 households in Basin, and the average household size is 2.32 people.

For families, the total number is 234, and the average family size is 3.4 people.

7.70% of those families in Basin, Wyoming are living below the poverty line.

The table below shows the poverty thresholds for Basin in .

Households and Families by Marital Status

There are four types of household and family, as defined by the Census Bureau:

• Married-couple
• Male householder, no spouse present
• Female householder, no spouse present
• Nonfamily household

In the table below, you can see the total households and families in Basin, Wyoming for each type, as well as the average sizes.

Housing Data in Basin

There are total of 603 housing units in Basin, Wyoming. Of those units, 489 (81.09%) are occupied, and 114 (18.91%) are vacant.

Rental Rates

Of the 603 housing units in Basin, 104 (17.25%) are occupied by renters. The median rent paid by renters is $736.00.

Owner occupied housing units make up the remaining 59.20% of housing units, with 357 housing units in total.

The table below breaks down how much rent is paid by renters in Basin, Wyoming.

• No rent paid
  28
• Less than $500
  15
• $500 to $999
  69
• $1,000 to $1,499
  20
• $1,500 to $1,999
  0
• $2,000 to $2,499
  0
• $2,500 to $2,999
  0
• $3,000 or more
  0

Property Values

The median value of a property in Basin is $113,900.00.

The table below breaks down the range of valuations for all properties in Basin.

• Less than $50,000
  45
• $50,000 to $99,999
  109
• $100,000 to $149,999
  79
• $150,000 to $199,999
  44
• $200,000 to $299,999
  44
• $300,000 to $499,999
  36
• $500,000 to $999,999
  0
• $1,000,000 or more
  0

Property Age

We can also look at the number of properties built in a given year to see the spread of property age in Basin, Wyoming.

• 1939 or earlier
  161
• 1940 to 1949
  37
• 1950 to 1959
  123
• 1960 to 1969
  34
• 1970 to 1979
  124
• 1980 to 1989
  51
• 1990 to 1999
  31
• 2000 to 2009
  14
• 2010 to 2013
  28
• 2014 or later
  0

Vehicles Available per Household

Finally, we have data on how many vehicles each household in Basin has. The table below breaks down the number of vehicles available per household.

• No vehicles available
  27
• 1 vehicle available
  179
• 2 vehicles available
  128
• 3 or more vehicles available
  155

Commuting to Work in Basin

The time and means of commuting to work are useful metrics to look at because they can be correlated against other data such as income and education level.

Does a longer commuting time indicate a higher average income? If so, has the huge increase in home working during the pandemic changed this?

Using these metrics, we can get a better understanding of the demographics of Basin, Wyoming, how they commute, and how that correlates to other data points.

The average travel time is 13.4 minutes, and the chart below covers the range of travel times across the population of Basin.

• Less than 5 minutes
  76
• 5 to 9 minutes
  179
• 10 to 14 minutes
  84
• 15 to 19 minutes
  50
• 20 to 24 minutes
  13
• 25 to 29 minutes
  4
• 30 to 34 minutes
  57
• 35 to 39 minutes
  21
• 40 to 44 minutes
  0
• 45 to 59 minutes
  29
• 60 to 89 minutes
  0
• 90 or more minutes
  0

We can also look at the means of transport in Basin to see which modes of transport people are using to commute to work.

• Drove alone
  422
• Carpooled
  60
• Public transportation
  0
• Walked
  31
• Other means
  0
• Worked from home
  18

Conclusion

Hopefully this article has given you the demographics data you were looking for in Basin, Wyoming.

If you need more demographics data, or you need the data listed above in spreadsheet form with more granular grouping, head back to the top of this page where you can purchase the complete demographics data for Basin.

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