- 26,311 employers
- 272,118 employees
- $924 average weekly wage
- The average weekly wage is 16.1% below the national average
- The cost of living is 9.5% below the national average
Government | Private Employers
As an employer in Wyoming, you are most likely to be running a private company rather than a government agency. 94.4% of employers run private companies in the state, 2.7% lower than the national average. The remaining 5.6% of employers are government agencies: 1.5% of employers are federal agencies, 1.8% are state agencies and 2.3% are local government agencies. The chart below illustrates this breakout.
76.2% of employees work for a private company. This is 9.1% below the national average of 85.2%. Local government agencies employ 16.5% of the workers in the state, state government agencies employ 4.6% of the workers and the federal government employs 2.8%. The percentage of employees working for a government agency (23.8%) is 9.1% higher than the national average.
The average pay in the state is $924, which is 16.1% lower than the national average of $1,101. Wyoming workers that are employed by private businesses earn $912 per week, 17.1% lower than the national average for private company employees. Employees of federal government agencies in Wyoming earn $1,306 per week, a premium of 43.2% compared to what employees of private companies earn. The chart below illustrates the average weekly by type of employer.
The sector with the greatest number of businesses in the state is Construction with 13.6% of the businesses in the state. Healthcare (12.3%) and Professional services (11.4%) round out the top 3 sectors. The sector that employs the greatest number of workers is Accommodation and food services which employs 15.8% of all workers, followed by Retail trade and Healthcare which account for 14.1% and 12.2% of private company employees. The table below illustrates the number of businesses by sector:
|Health care and social assistance||3,053||12.3%|
|Professional and technical services||2,830||11.4%|
|Accommodation and food services||1,950||7.9%|
|Other services, except public administration||1,661||6.7%|
|Administrative and waste services||1,575||6.3%|
|Finance and insurance||1,158||4.7%|
|Real estate and rental and leasing||1,122||4.5%|
|Transportation and warehousing||1,038||4.2%|
|Mining, quarrying, and oil and gas extraction||935||3.8%|
|Agriculture, forestry, fishing and hunting||501||2.0%|
|Arts, entertainment, and recreation||429||1.7%|
|Management of companies and enterprises||150||0.6%|
The table below lists the sectors with the greatest number of employees:
|Accommodation and food services||32,803||15.8%|
|Health care and social assistance||25,340||12.2%|
|Mining, quarrying, and oil and gas extraction||20,684||10.0%|
|Transportation and warehousing||9,820||4.7%|
|Professional and technical services||9,285||4.5%|
|Administrative and waste services||8,568||4.1%|
|Other services, except public administration||7,254||3.5%|
|Finance and insurance||6,900||3.3%|
|Real estate and rental and leasing||4,229||2.0%|
|Arts, entertainment, and recreation||3,608||1.7%|
|Agriculture, forestry, fishing and hunting||2,789||1.3%|
|Management of companies and enterprises||863||0.4%|
The table below is ordered by the average weekly wage for each sector:
|Management of companies and enterprises||$1,988|
|Mining, quarrying, and oil and gas extraction||$1,735|
|Professional and technical services||$1,227|
|Finance and insurance||$1,205|
|Transportation and warehousing||$1,013|
|Real estate and rental and leasing||$942|
|Health care and social assistance||$838|
|Other services, except public administration||$715|
|Agriculture, forestry, fishing and hunting||$691|
|Administrative and waste services||$687|
|Arts, entertainment, and recreation||$440|
|Accommodation and food services||$406|
Each broad sector is made up of specific industries. In Wyoming the industry with the most businesses is Services for the elderly and disabled (with 1,200 businesses employing 2,968 workers). The next two industries are Restaurants and other eating places and Residential building construction. Here are the industries with the most businesses in the state:
|Detailed Industry||# Biz||Emp/Biz|
|Services for the elderly and disabled||1,200||2.5|
|Restaurants and other eating places||1,016||17.9|
|Residential building construction||696||3.6|
|Support activities for mining||675||14.1|
|Offices of lawyers||463||2.7|
|Hotels and motels, except casino hotels||426||25.1|
Restaurants and other eating places is the industry that employs the most workers, employing a total of 18,234 people in 1,016 businesses. On average, these employees are paid $336, 63.6% less than the state average. There are 17.9 employees on average in each of these businesses. The next largest employing industry is Hotels and motels, except casino hotels.
|Detailed Industry||# Emp||Emp/Biz|
|Restaurants and other eating places||18,234||17.9|
|Hotels and motels, except casino hotels||10,693||25.1|
|Support activities for mining||9,544||14.1|
|General merchandise stores, including warehouse clubs and supercenters||4,671||61.5|
|Supermarkets and other grocery stores||4,004||46.6|
The industry that pays the most (on an average weekly basis) is Agents and managers for public figures. There are 5 employees working in 4 businesses. The next best paying industries are Other financial vehicles and Other travel arrangement services.
|Detailed Industry||Wkly Wage|
|Agents and managers for public figures||$5,173|
|Other financial vehicles||$4,181|
|Other travel arrangement services||$3,647|
|Trusts, estates, and agency accounts||$2,650|
While there are a number of large companies that report a presence in the state of Wyoming, there are no employees reported for companies that employ 500 or more people. The breakout of companies by size is very similar to the national average with 63.8% of businesses in Wyoming employing 5 or fewer employees as compared to 62.9% for the entire country.
The percentages of employees working for the various company sizes, while similar to the national averages, the companies do tend to be smaller in Wyoming. 70% of the companies in the state employ fewer than 50 people while the national average is only 43.8%. 16.3% of companies employ more than 100 people while the national average is 43%.
Companies in Wyoming as previously mentioned pay less than the national average and this follows every size company. The big disparity in average pay likely is due to the fact that there are no employees reported in the state employed by companies with 500 or more employees, which nationally drives up the average weekly pay. The majority of company size categories pay on average 11% less than the national average.
This page was created and is maintained by Kurt Tietjen, Founder of Stavera, High Peak Media & HomeGearWorks.com. Kurt is an executive, data scientist and software engineer who holds an MBA in Management Information Systems. In 2010, he partnered with scientists at Northwestern University to launch The Street Wire. This was one of the first mainstream uses of what would become “Narrative Science”, an artificial intelligence platform specializing in natural language generation. You can contact Kurt on LinkedIn here.