Albany County, Wyoming: commercial real estate data.
Albany County, Wyoming had an estimated 39,288 residents on July 1, 2024, up 6.0 percent since the 2020 census base of 37,071, across 4,274 square miles. 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 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Albany County
How many people live in Albany County
- Population, American Community Survey 2020-202438,249
- 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-equivalents, Puerto Rico included1241st of 3,222
Albany County is the 6th largest of 23 Wyoming counties by population. A median home costs 5.4 times median household income, which is severely unaffordable by national standards. 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's population growing?
- Population, July 1, 202439,288
- Census 2020 base population37,071
- Population change since the 2020 census base5.98 percent
- Population change, 2023 to 2024664
- 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 of 3,144
The county has grown 5.98 percent since the 2020 census base. The population grew in 2024 from both sources: births exceeded deaths and more people moved in than left.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Albany County
Where are people moving to Albany County from?
- Tax returns filed by households arriving1,486
- People arriving, from those returns2,287
- Tax returns filed by households leaving1,794
- Net household movement-308
- Adjusted gross income arriving$118.8 m
- Net adjusted gross income movement$31.3 m
- Average income of an arriving household$79,956
- Average income of a leaving household$48,771
- Largest single originLaramie County (141 households)
- Largest single destinationLaramie County (190 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Laramie County | 141 | 217 | $9.0 m |
| Natrona County | 57 | 77 | $2.3 m |
| Larimer County | 56 | 80 | $3.7 m |
| Weld County | 34 | 53 | $2.0 m |
| Carbon County | 29 | 44 | $1.7 m |
| Fremont County | 27 | 47 | $954,000 |
| Arapahoe County | 26 | 40 | $1.7 m |
| El Paso County | 24 | 36 | $1.1 m |
Households arriving report $31,185 more average income than households leaving, so the migration is raising local spending power rather than just moving it around. The largest single source of arrivals is Laramie County, 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 is the Albany County economy?
- 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 the Wyoming areas BEA publishes6th of 23
- Rank by GDP among the US county areas BEA publishes1147th of 3,127
- 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
Employment by industry in Albany County
- Covered employment, annual average17,057
- Establishments reporting1,666
- Average annual pay$53,849
- Average weekly wage$1,036
- Health care and social assistance, employment2,181
- Health care and social assistance, average annual pay$56,475
- Accommodation and food services, employment2,069
- Accommodation and food services, average annual pay$20,329
- Retail trade, employment1,775
- Retail trade, average annual pay$35,183
- Professional, scientific and technical services, employment1,155
- Professional, scientific and technical services, average annual pay$98,594
- Construction, employment923
- Finance and insurance, employment482
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Health care and social assistance | 2,181 | 165 | $56,475 |
| Accommodation and food services | 2,069 | 128 | $20,329 |
| Retail trade | 1,775 | 134 | $35,183 |
| Professional, scientific and technical services | 1,155 | 362 | $98,594 |
| Construction | 923 | 182 | $59,237 |
| Finance and insurance | 482 | 81 | $67,145 |
| Educational services | 357 | 52 | $54,910 |
| Transportation and warehousing | 214 | 36 | $57,570 |
Health care and social assistance is the largest private sector at 2,181 jobs, 12.8 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Albany County
How many businesses are 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. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Albany County
Building permits in Albany County
- Housing units authorized by permit, 2024137
- Declared construction value permitted$36.9 m
- Single family units authorized87
- Multifamily units authorized50
- Multifamily share of units36.5 percent
- Average declared value per unit$269,373
- Units authorized per 1,000 households8.0
Single-family homes are 63.5 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Albany County
SBA loans in Albany County (7(a) and 504)
- 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$1,639,000
- 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)
- 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)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$43.7 m
The average approval of $916,521 sits well above the median of $700,000, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. 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
SBA loan default and charge-off rates in 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
Only 4 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Albany County
How large 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 boundary6
- 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.
Albany County
Flood risk in Albany County
- Participation of the county's own NFIP community Albany County, unincorporated areasParticipating, community 560001
- Communities in the county in the NFIP Community Status Book3
- Of those, participating in the NFIP2
- NFIP participation rate66.7 percent
- Communities carrying a CRS class0
- Radon levels in Albany County, EPA zone predicted average indoor radon screening level greater than 4 pCi/LZone 1
The county's own community in the status book, unincorporated Albany County (community 560001), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Albany County in radon zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 66.7 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
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.
- Population, American Community Survey 2020-202438,249
- 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?
The Census Bureau estimates 39,288 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 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's population growing?
The population has grown 5.98 percent since the 2020 census base of 37,071, to 39,288 on July 1, 2024. 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 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 employment by industry in Albany County?
Health care and social assistance is the largest private sector at 2,181 jobs, 12.8 percent of covered employment. Covered employment averages 17,057 jobs at an average annual pay of $53,849, or $1,036 a week. 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 totaling $30.2 m since FY2020, across 21 lenders, with a median approval of $700,000, plus 29 504 approvals worth $13.5 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Albany County?
137 housing units were authorized 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 Laramie County, with 141 households. Arriving households report an average income of $79,956 against $48,771 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?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Albany County
Cities and places in Albany.
6 Census places lie wholly or partly in Albany County. All 6 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Laramie | city | 32,234 | 33 | Wholly in this county |
| Centennial | CDP | 521 | None recorded | Wholly in this county |
| Rock River | town | 219 | None recorded | Wholly in this county |
| Woods Landing-Jelm | CDP | 182 | None recorded | Wholly in this county |
| Albany | CDP | 0 | None recorded | Wholly in this county |
| Fox Park | CDP | 0 | None recorded | Wholly in this county |