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Thermopolis, Wyoming Demographics & Population 2026

During the 2020–2024 ACS period, Thermopolis, Wyoming had a total population of 2,709, the 31st largest town in Wyoming, with a median household income of $65,208, which is 14% lower than the state average. The poverty rate is 18.6%.

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

Key Takeaways

Thermopolis Quick Facts

Population 2,709
Median Household Income $65,208
Median Home Value $211,400
Poverty Rate 18.6%
Unemployment Rate 1.1%
Median Age 40.5 years
Homeownership Rate 73.1%
Affordability Ratio 3.2x
Bachelor's Degree or Higher 29.3%
High School Graduation Rate 95.5%
Diversity Index 19/100
Population 2,709 31st of 192
Median Income $65,208 below average
Poverty Rate 18.6% 49% higher than national
Median Home Value $211,400 below average

How Thermopolis 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
Population2,7162,709-0.3%
Median household income$71,574$65,208-8.9%
Median home value$201,600$211,400+4.9%

How Thermopolis Compares

Economy & Housing

Household Income Distribution

Under $25K 21.2%
$25K-$50K 24.4%
$50K-$100K 28.8%
$100K+ 25.5%
Detailed income brackets
Under $10K
6.8%
$10K-$15K
0.9%
$15K-$20K
5.9%
$20K-$25K
7.6%
$25K-$30K
2.4%
$30K-$35K
2.0%
$35K-$40K
11.2%
$40K-$45K
4.8%
$45K-$50K
4.0%
$50K-$60K
2.9%
$60K-$75K
7.7%
$75K-$100K
18.2%
$100K-$125K
7.9%
$125K-$150K
7.3%
$150K-$200K
5.1%
$200K+
5.2%

Employment

1.1% Unemployment Rate State: 3.7%|National: 5.2%
56.9% Labor Force Participation

Housing Overview

Owner 73.1%
Renter 26.9%
Affordability Index Affordable
3.2x home value to income ratio
Median gross rent $835/mo 15.4% of median household income annually

People & Demographics

Diversity Index

19out 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

Thermopolis Rankings in Wyoming

#31 Population of 192
#88 Median Income of 141
#67 Education of 192
#83 Home Value of 134

Other Cities in Hot Springs County

CityPopulationMedian IncomePovertyHome Value
Lucerne 567 $61,806 1.2% $351,900
East Thermopolis 192 $22,411 17.7% $127,800
Kirby 60 $33,750 18.3% $95,000

Cities Similar to Thermopolis

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Afton2,908$63,586$358,00037.2%9.9%
Glenrock2,941$64,806$235,10020.1%6.5%
Evansville2,779$76,893$240,70014.0%3.9%
Warren AFB2,936$69,432N/A40.7%5.9%
Lovell2,422$60,154$209,70019.5%18.6%

Population Overview

Thermopolis is a small community located in Wyoming, within Hot Springs County. The total population is 2,709. It ranks as the 31st most populous out of 192 Census-designated places in Wyoming.

Age Demographics

The median age in Thermopolis is 40.5 years. This is 4% higher than the state median of 39.1 years.

Economy, Income & Housing

The median household income in Thermopolis is $65,208. 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 18.6%. This is 76% higher than the state poverty rate of 10.5%. The unemployment rate is 1.1%. This is 71% lower than the state rate of 3.7%. The median home value is $211,400. Housing costs are 32% lower than the state median of $309,700. The home-value-to-income ratio is 3.2x. 73.1% of occupied housing units are owner-occupied. This homeownership rate is 2% higher than the state average of 71.8%.

Race & Ethnicity

Thermopolis has a predominantly White (non-Hispanic) population, comprising 89.7% of all residents. Hispanic or Latino residents account for 5.9%. The Asian population (0.1%) is well below the state average of 0.8%.

Education

29.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 4% 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 95.5%.

Data Sources & Methodology

All demographic data for Thermopolis, 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 Thermopolis, Wyoming?

Thermopolis, Wyoming has a population of 2,709 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Thermopolis, WY?

The median household income in Thermopolis is $65,208, which is 19% lower than the national median of $80,734.

What is the poverty rate in Thermopolis, WY?

The poverty rate in Thermopolis is 18.6%. This means approximately 485 residents live below the federal poverty line.

What is the racial makeup of Thermopolis, Wyoming?

Thermopolis's population is 89.7% White, 0.0% Black, 5.9% Hispanic/Latino, and 0.1% Asian.

What is the median home value in Thermopolis, WY?

The median home value in Thermopolis is $211,400. The home-value-to-income ratio is 3.2x.

How educated is Thermopolis, Wyoming?

29.3% of adults (25+) in Thermopolis hold a bachelor's degree or higher, and 8.2% hold a graduate or professional degree.