Housing decision brief
Natrona County, WY Housing Market
Natrona County screens as a higher purchase price, rent that needs comparison, a higher tax-rate signal market. Use the page as a decision brief, not just a price lookup, because local income, taxes, and data confidence change how affordable the county really is.
12th lowest home value out of 23 Wyoming counties with data | 18th lowest rent out of 23
Median home value
$260,400
Purchase-price signal from Census ACS.
Median rent
$973/mo
Gross rent, including utilities where reported.
Monthly owner cost
$1,099/mo
Owner costs before individual loan terms.
Decision snapshot
Read this county in four signals.
Buy screen
3.7x
Median home value divided by local household income.
Rent burden
27.0%
Below 30% usually screens as less pressured.
Rent vs own
$126/mo
Median rent screens below owner cost.
Data confidence
1 note
Crime coverage is partial, so safety comparisons need source context.
What Works
Rent burden below pressure line
27.00% of renter income goes to rent, below the 30% burden threshold.
What to Check
Tax rate needs attention
0.62% effective property-tax rate is 9% above Wyoming county median
Water quality cross-check
Water quality grade is D. Review water data before treating housing cost as the full story.
Crime data coverage
Crime data coverage is partial. Treat zero or low crime rates as incomplete until you check the source coverage.
Best Fit For
- No strong fit signal was available in the current dataset.
Poor Fit For
- Buyers who will not investigate local water systems before moving
- Anyone treating reported crime rates as complete without source context
County vs State vs National
The county number only matters after you see the benchmark. These comparisons show where Natrona County is genuinely cheap, where it is average, and where the hidden cost may be.
| Metric | County | State | U.S. | Signal |
|---|---|---|---|---|
Median home value Lower usually helps affordability. | $260,400 | $260,400 | $281,900 | Near state medianAt the Wyoming county median |
Median gross rent Lower usually helps affordability. | $973 | $913 | $1,163 | 7% pressure7% above Wyoming county median |
Monthly owner cost Lower usually helps affordability. | $1,099 | $938 | $1,672 | 17% pressure17% above Wyoming county median |
Median household income | $71,247 | $70,855 | $74,755 | Near state median1% above Wyoming county median |
Effective property-tax rate Lower usually helps affordability. | 0.62% | 0.57% | 1.02% | 9% pressure9% above Wyoming county median |
Rent burden Lower usually helps affordability. | 27.00% | 25.00% | N/A | 8% pressure27.00% of renter income goes to rent. |
Income Fit
A low price only helps if local income can carry the monthly cost. This panel compares the county income base with rent and owner-cost thresholds.
Rent cushion
+$32,327
Median income minus rent threshold.
Owner cushion
+$24,147
Median income minus owner-cost threshold.
Affordability Advisory
This turns the raw housing numbers into income and buy-versus-rent screens.
Affordability verdict
Natrona County is affordable for renters, with a median gross rent of $973/month representing approximately 16.4% of median household income. The rent burden (GRAPI) stands at 27.0%.
Rent vs own
Renters in Natrona County pay $973/month on average, compared to $1,099/month for homeowners. This market favors renters by about 11%.
Income needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $38,920/year. For owner costs at the 28% rule, the required income is roughly $47,100/year. With a median household income of $71,247, most households can comfortably afford rent here. Notably, 27.0% of renter households in Natrona County are cost-burdened, spending more than 30% of income on housing.
Regional context
Within Wyoming, Natrona County is more affordable than Sweetwater County by roughly 7% ($973/mo vs $913/mo).
Better Counties to Compare
Similar counties are matched on home value, rent, income, and state context. This is more useful than a simple nearest-price list.
| County | Home Value | Rent | Why compare |
|---|---|---|---|
| Crook County, WY | $276,800 | $881/mo | Same-state comparison near $276,800 home value and $881/mo rent. |
| Converse County, WY | $269,700 | $930/mo | Same-state comparison near $269,700 home value and $930/mo rent. |
| Sweetwater County, WY | $242,900 | $913/mo | Same-state comparison near $242,900 home value and $913/mo rent. |
| Fremont County, WY | $252,700 | $858/mo | Same-state comparison near $252,700 home value and $858/mo rent. |
| Uinta County, WY | $255,400 | $882/mo | Same-state comparison near $255,400 home value and $882/mo rent. |
Data Confidence
- Crime coverage is partial, so safety comparisons need source context.
Next Checks
Housing Questions for Natrona County
Is Natrona County affordable for buying a home?
Is renting or owning cheaper in Natrona County?
How much income do you need for housing in Natrona County?
What should I double-check before moving to Natrona County?
Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.