Laramie is a city in Wyoming state in USA with a population of 32515 residents.. The poverty rate of Laramie is 23.9%, which is 71% higher than national average. The typical household in Laramie earns $47463 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 10 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 52.4% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Laramie, only 95% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Laramie remained 4.3%, which is 9% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Laramie, only 56% of adults have a bachelor's degree and 26% have some college but no degree.

Cost of living in Laramie is 98, which is 2% lower than national average. Median home value in Laramie is $225400 , which is 2% lower than national average. While median income in Laramie remained $47463, which is 30% lower than national average.