Lincoln County, Wyoming: commercial real estate data.
Lincoln County, Wyoming had an estimated 21,000 residents on July 1, 2024, up 7.2 percent since the 2020 census base of 19,581, across 4,076 square miles. County output reached $1.29 bn in 2024, 948 establishments operate here, and the SBA record carries 17 7(a) approvals worth $5.7 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Lincoln County
How many people live in Lincoln County
- Population, American Community Survey 2020-202420,486
- Households8,324
- Average household size2.46
- Median household income$89,330
- Median age42.7
- Median gross rent$960 per month
- Median owner-occupied home value$372,600
- Home value to household income4.2 times
- Annual rent as a share of median income12.9 percent
- Adults 25 and over with a bachelor degree or higher26.0 percent
- Adults 25 and over with a graduate degree8.0 percent
- Adults 25 and over13,955
- Population under 185,160
- Share under 1825.2 percent
- Population 65 and over3,919
- Share 65 and over19.1 percent
- Working age population, 18 to 6411,407
- Civilian labor force10,377
- Unemployment rate2.0 percent
- Labor force participation, adults 18 and over67.7 percent
- Rank by population among Wyoming counties11th of 23
- Rank by population among US county-equivalents, Puerto Rico included1854th of 3,222
Lincoln County is the 11th largest of 23 Wyoming counties by population. A median home costs 4.2 times median household income, which is seriously unaffordable by national standards. Residents under 18 outnumber those 65 and over, at 25.2 percent against 19.1 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Lincoln County
Is Lincoln County's population growing?
- Population, July 1, 202421,000
- Census 2020 base population19,581
- Population change since the 2020 census base7.25 percent
- Population change, 2023 to 202491
- Births, 2024214
- Deaths, 2024155
- Natural change, 202459
- Net domestic migration, 20244
- Net international migration, 202426
- Total net migration, 202430
- Cumulative net domestic migration, 2021 to 20241,064
- Rank by growth among US county-equivalents296th of 3,144
The county has grown 7.25 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.
Lincoln County
Where are people moving to Lincoln County from?
- Tax returns filed by households arriving745
- People arriving, from those returns1,487
- Tax returns filed by households leaving552
- Net household movement193
- Adjusted gross income arriving$147.0 m
- Net adjusted gross income movement$37.1 m
- Average income of an arriving household$197,267
- Average income of a leaving household$198,991
- Largest single originTeton County (111 households)
- Largest single destinationTeton County (24 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Teton County | 111 | 198 | $18.3 m |
| Salt Lake County | 30 | 52 | $2.4 m |
| Utah County | 21 | 51 | $2.0 m |
| Uinta County | 21 | 35 | $1.0 m |
Households arriving report $1,724 less average income than households leaving, which drains spending power even where headcount holds up. The largest single source of arrivals is Teton 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.
Lincoln County
What is the Lincoln County economy?
- County GDP, 2024$1.29 bn
- County GDP, 2023$1.21 bn
- GDP change, 2023 to 20246.5 percent
- GDP change over five years49.3 percent
- Rank by GDP among the Wyoming areas BEA publishes12th of 23
- Rank by GDP among the US county areas BEA publishes1640th of 3,127
- GDP per resident$62,882
Output grew 6.5 percent in the latest year and 49.3 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.
Lincoln County
Employment by industry in Lincoln County
- Covered employment, annual average7,295
- Establishments reporting1,211
- Average annual pay$62,019
- Average weekly wage$1,193
- Construction, employment1,039
- Construction, average annual pay$57,955
- Retail trade, employment915
- Retail trade, average annual pay$35,213
- Mining, quarrying, and oil and gas extraction, employment606
- Mining, quarrying, and oil and gas extraction, average annual pay$121,863
- Accommodation and food services, employment603
- Accommodation and food services, average annual pay$22,137
- Health care and social assistance, employment422
- Professional, scientific and technical services, employment287
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Construction | 1,039 | 244 | $57,955 |
| Retail trade | 915 | 90 | $35,213 |
| Mining, quarrying, and oil and gas extraction | 606 | 19 | $121,863 |
| Accommodation and food services | 603 | 72 | $22,137 |
| Health care and social assistance | 422 | 134 | $31,675 |
| Professional, scientific and technical services | 287 | 173 | $96,670 |
| Administrative and support and waste management services | 205 | 83 | $58,473 |
| Manufacturing | 201 | 18 | $50,625 |
Construction is the largest private sector at 1,039 jobs, 14.2 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Lincoln County
How many businesses are in Lincoln County?
- Establishments, all industries948
- Employment at those establishments5,610
- Annual payroll$340.4 m
- Establishments per 1,000 residents46.3
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.
Lincoln County
Building permits in Lincoln County
- Housing units authorized by permit, 2024202
- Declared construction value permitted$79.2 m
- Single family units authorized194
- Multifamily units authorized8
- Multifamily share of units4.0 percent
- Average declared value per unit$391,968
- Units authorized per 1,000 households24.3
Single-family homes are 96.0 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Lincoln County
SBA loans in Lincoln County (7(a) and 504)
- 7(a) approvals recorded17
- 7(a) gross approval dollars$5.7 m
- Average 7(a) approval$336,659
- Median 7(a) approval$100,000
- Largest single approval$1,225,000
- Jobs reported supported, 7(a)70
- Jobs per approval4.1
- Distinct 7(a) lenders active11
- Distinct industries receiving approvals15
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer23.5 percent
- Loans on real estate terms4
- Loans on working capital terms, 120 months or shorter13
- Franchise loans0
- Franchise share of approvals0.0 percent
- 504 approvals recorded16
- 504 gross approval dollars$10.3 m
- Average 504 approval$640,813
- Median 504 approval$332,000
- Distinct CDCs active2
- 504 jobs per approval3.9
- 504 jobs per million dollars approved6.0
- Most active CDCMountain West Small Business Finance (13)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$16.0 m
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.
Lincoln County
SBA loan default and charge-off rates in Lincoln County
Do SBA loans in Lincoln County get paid back?
- Loans with a final outcome recorded2
- Paid in full2
- Charged off0
- Status: Paid in full2
- Status: Exempt from disclosure10
- Status: Cancelled4
- Status: Committed, not yet disbursed1
Only 2 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.
Lincoln County
SBA lending by place in Lincoln County
- Borrower cities with recorded lending7
- Afton, approvals5
- Thayne, approvals3
- Bedford, approvals3
- Cokeville, approvals2
- Alpine, approvals2
- Etna, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Afton | 5 | $1,657,900 |
| Thayne | 3 | $1,945,000 |
| Bedford | 3 | $152,300 |
| Cokeville | 2 | $1,240,000 |
| Alpine | 2 | $248,900 |
| Etna | 1 | $273,000 |
| Kemmerer | 1 | $206,100 |
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Lincoln County
How large is Lincoln County?
- Land area4,076 sq mi
- Rank by land area among Wyoming counties11th of 23
- Width, east to west50.7 mi
- Height, north to south120 mi
- Geographies sharing a boundary8
- Residents per square mile of land5
- Establishments per square mile0.23
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.
Lincoln County
Flood risk in Lincoln County
- Participation of the county's own NFIP community Lincoln County, unincorporated areasParticipating, community 560032
- Communities in the county in the NFIP Community Status Book9
- Of those, participating in the NFIP7
- NFIP participation rate77.8 percent
- Communities carrying a CRS class0
- Radon levels in Lincoln 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 Lincoln County (community 560032), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Lincoln 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. 77.8 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 Lincoln 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 Lincoln County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202420,486
- Households8,324
- Average household size2.46
- Median household income$89,330
- Median age42.7
Common questions
Lincoln County questions, answered from the record.
How many people live in Lincoln County, Wyoming?
The Census Bureau estimates 21,000 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 20,486, in 8,324 households, ranking 11th of 23 Wyoming counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Lincoln County's population growing?
The population has grown 7.25 percent since the 2020 census base of 19,581, to 21,000 on July 1, 2024. In 2024 there were 214 births against 155 deaths, with net migration of 30. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Lincoln County?
$89,330. The median owner-occupied home is valued at $372,600, which is 4.2 times income, and median gross rent is $960 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Lincoln County?
948 establishments, employing 5,610 people with an annual payroll of $340.4 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 Lincoln County?
Construction is the largest private sector at 1,039 jobs, 14.2 percent of covered employment. Covered employment averages 7,295 jobs at an average annual pay of $62,019, or $1,193 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Lincoln County?
17 7(a) approvals totaling $5.7 m since FY2020, across 11 lenders, with a median approval of $100,000, plus 16 504 approvals worth $10.3 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Lincoln County?
202 housing units were authorized by permit in 2024, with a declared construction value of $79.2 m. Multifamily was 4.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Lincoln 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 Lincoln County come from?
The largest single origin is Teton County, with 111 households. Arriving households report an average income of $197,267 against $198,991 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Lincoln 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 Lincoln 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.
Lincoln County
Cities and places in Lincoln.
24 Census places lie wholly or partly in Lincoln County. All 24 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 |
|---|---|---|---|---|
| Kemmerer | city | 2,972 | 1 | Wholly in this county |
| Afton | town | 2,908 | 5 | Wholly in this county |
| Star Valley Ranch | town | 2,007 | None recorded | Wholly in this county |
| Alpine | town | 1,222 | 2 | Wholly in this county |
| Grover | CDP | 929 | None recorded | Wholly in this county |
| Thayne | town | 732 | 3 | Wholly in this county |
| Smoot | CDP | 723 | None recorded | Wholly in this county |
| Diamondville | town | 665 | None recorded | Wholly in this county |
| Bedford | CDP | 482 | 3 | Wholly in this county |
| Turnerville | CDP | 463 | None recorded | Wholly in this county |
| Osmond | CDP | 390 | None recorded | Wholly in this county |
| Cokeville | town | 370 | 2 | Wholly in this county |
| Alpine Northeast | CDP | 355 | None recorded | Wholly in this county |
| La Barge | town | 337 | None recorded | Wholly in this county |
| Auburn | CDP | 284 | None recorded | Wholly in this county |
| Nordic | CDP | 238 | None recorded | Wholly in this county |
| Alpine Northwest | CDP | 142 | None recorded | Wholly in this county |
| Fairview | CDP | 130 | None recorded | Wholly in this county |
| Oakley | CDP | 98 | None recorded | Wholly in this county |
| Opal | town | 77 | None recorded | Wholly in this county |
| Freedom | CDP | 76 | None recorded | Wholly in this county |
| Taylor | CDP | 76 | None recorded | Wholly in this county |
| Fontenelle | CDP | 3 | None recorded | Wholly in this county |
| Etna | CDP | 0 | 1 | Wholly in this county |