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Basin, Wyoming Demographics & Population 2026

Very AffordableHome value to income ratio of 2.4x is exceptionally low

During the 2020–2024 ACS period, Basin, Wyoming had a total population of 1,290, the 48th largest town in Wyoming, with a median household income of $65,515, which is 14% lower than the state average. The poverty rate is 14.9%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Basin Quick Facts

Population 1,290
Median Household Income $65,515
Median Home Value $157,300
Poverty Rate 14.9%
Unemployment Rate 0.0%
Median Age 42.5 years
Homeownership Rate 72.0%
Affordability Ratio 2.4x
Bachelor's Degree or Higher 24.5%
High School Graduation Rate 87.2%
Diversity Index 22/100
Population 1,290 48th of 192
Median Income $65,515 below average
Poverty Rate 14.9% 19% higher than national
Median Home Value $157,300 bottom 30%

How Basin Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population1,3041,290-1.1%
Median household income$59,941$65,515+9.3%
Median home value$143,900$157,300+9.3%

How Basin Compares

Economy & Housing

Household Income Distribution

Under $25K 16.0%
$25K-$50K 15.2%
$50K-$100K 43.0%
$100K+ 25.8%
Detailed income brackets
Under $10K
1.4%
$10K-$15K
5.1%
$15K-$20K
1.8%
$20K-$25K
7.7%
$25K-$30K
7.5%
$30K-$35K
2.2%
$35K-$40K
0.0%
$40K-$45K
5.5%
$45K-$50K
0.0%
$50K-$60K
6.5%
$60K-$75K
25.8%
$75K-$100K
10.7%
$100K-$125K
15.0%
$125K-$150K
2.4%
$150K-$200K
3.9%
$200K+
4.5%

Employment

0.0% Unemployment Rate State: 3.7%|National: 5.2%
63.4% Labor Force Participation

Housing Overview

Owner 72.0%
Renter 28.0%
Affordability Index Very Affordable
2.4x home value to income ratio
Median gross rent $903/mo 16.5% of median household income annually

People & Demographics

Diversity Index

22out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 32 | National average: 61

Education

Basin Rankings in Wyoming

#48 Population of 192
#86 Median Income of 141
#83 Education of 192
#107 Home Value of 134

Other Cities in Big Horn County

CityPopulationMedian IncomePovertyHome Value
Lovell 2,422 $60,154 18.6% $209,700
Greybull 2,091 $65,417 12.0% $169,600
Cowley 755 $79,732 6.3% $232,300
Byron 595 $64,167 10.6% $170,800
Burlington 242 $82,000 0.0% $198,200
Deaver 171 $57,813 3.5% $118,200
Manderson 113 N/A 5.3% $47,300
Hyattville 47 $43,333 0.0% N/A
Shell 36 N/A 0.0% N/A

Cities Similar to Basin

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Lusk1,311$68,507$213,00019.5%10.3%
Ranchester1,277$69,464$326,90031.8%16.8%
Arapahoe1,240$70,000$183,9008.6%18.1%
Pine Bluffs1,370$67,905$338,00028.2%10.6%
Ethete1,326$80,833$118,8006.2%15.5%

Population Overview

Basin is a small community located in Wyoming, within Big Horn County. The total population is 1,290. It ranks as the 48th most populous out of 192 Census-designated places in Wyoming.

Age Demographics

The median age in Basin is 42.5 years. This is 9% higher than the state median of 39.1 years. Only 14.6% of residents are under 18, indicating fewer families with children. 11.9% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Basin is $65,515. This is 14% lower than the state median of $76,176. It is also 19% lower than the national median of $80,734. The poverty rate stands at 14.9%. This is 41% higher than the state poverty rate of 10.5%. The survey records no unemployed residents in Basin, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $157,300. Housing costs are 49% lower than the state median of $309,700. With a home-value-to-income ratio of just 2.4x, Basin is one of the most affordable housing markets in the area. 72.0% of occupied housing units are owner-occupied.

Race & Ethnicity

Basin has a predominantly White (non-Hispanic) population, comprising 88.2% of all residents. Hispanic or Latino residents account for 7.0%.

Education

24.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 20% lower than the state rate of 30.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 87.2%.

Data Sources & Methodology

All demographic data for Basin, Wyoming is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Wyoming state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 192 Census-designated places in Wyoming. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Basin, Wyoming?

Basin, Wyoming has a population of 1,290 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Basin, WY?

The median household income in Basin is $65,515, which is 19% lower than the national median of $80,734.

What is the poverty rate in Basin, WY?

The poverty rate in Basin is 14.9%. This means approximately 171 residents live below the federal poverty line.

What is the racial makeup of Basin, Wyoming?

Basin's population is 88.2% White, 0.0% Black, 7.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Basin, WY?

The median home value in Basin is $157,300. The home-value-to-income ratio is 2.4x.

How educated is Basin, Wyoming?

24.5% of adults (25+) in Basin hold a bachelor's degree or higher, and 9.3% hold a graduate or professional degree.