Washakie County, by the numbers.
- Population 7,685 in 2020
- 51% of the population is currently male and 49% is female.
- Estimated median age is 42.90 years
- Annual household income: $54,061 in Worland, $61,519 in Ten Sleep
- Unemployment rate of 3.4% in August 2021
Washakie County – Some of the lowest tax rates in the country.
With the extroadinary tax benefits listed below, Washakie County is business-friendly and ready for growth.
- 5% sales tax + low property taxes
- No personal income tax
- No corporate income tax
- No inventory taxes at a state or local level
- Exemptions for manufacturing equipment from sales and use taxes
- Exemptions for farm equipment from sales tax.
This business friendly tax structure in Wyoming helps businesses succeed by offering some of the lowest tax rates in the nation. In addition to favorable incorporation laws, a business license isn’t required.
Commercial Real Estate in Washakie County
With a history of economic diversity, Washakie County provides a fairly stable inventory of existing commercial properties. There are multiple unimproved lots in the industrial district –– perfect for building and in close proximity to the railroad.
- $38,000 to $82,000 in the Worland area
- $65,000 to $150,000 in the Ten Sleep area
From time to time, private developers create small subdivisions in the city limits of Worland and often build structures that would work for most any service or manufacturing company. Business-ready lots are available just west of Worland in the newly-created Fair View Industrial Park. This is one of the newest industrial parks in Wyoming.
Worland’s downtown has a variety of buildings for sale and also leasing opportunities for retail and office space. Although small, Ten Sleep has commercial properties available as well.
For the most current commercial properties available please contact Washakie Development Association or www.worlandwyo.com or www.hakerealty.com
Washakie County has one of the most well-educated, and hard working workforces in Wyoming. Approximately 25% of Washakie County residents have some sort ofcollege degree according to Nielsen.
Given its central location in the Big Horn Basin, Washakie County offers access to the employment opportunities in Hot Springs County and the southern Big Horn County. This equates to approximately 10,000 workers all within an easy 40-minute drive to downtown Worland.
The Washakie Development Association will work with companies considering business relocation or business expansion in Washakie County and determine the availability of workers with a specific skill set.
Visit Wyoming at Work for more information: https://www.wyomingatwork.com