Business Council Releases County Housing Info
Written by Andrew-Rossi on December 19, 2018
A shortage of the right type of housing to fit local needs is a common challenge for all Wyoming communities.
The Wyoming Business Council has updated their housing profiles, which address commuter patterns, poverty, unemployment rates and how much of a family’s income is committed to housing costs.
In Park County, because the top employment industry is in the leisure and hospitality segments, and those jobs generally pay lower wages, the Business council has ranked Park County 5th in the state for access to affordable housing. Park County is No. 18 in the state for people spending more than half their income on housing, and ranks 8th in the state for age of housing. Older housing sometimes brings with it maintenance and other challenges.
Big Horn County, on the other hand, has NO low income tax credit housing, but the data shows that 330 low income rental units are needed. Big Horn County is No. 8 in the state for people spending more than half their income on housing, and ranks 6th in the state for access to affordable housing. 59% of the housing in Big Horn County was built prior to 1980.