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Sheridan, Wyoming

Economy in Sheridan

Detailed economy data — sourced from authoritative datasets and normalized for direct comparison.

Economy in Sheridan, Wyoming

Sheridan's economy is anchored by healthcare, education, tourism, construction, and agriculture, supported by a proactive local government fostering small business growth. The Sheridan WYO Winter Rodeo and local outdoor recreation drive a steady stream of tourism revenue, while remote workers have increasingly chosen the area for its scenic beauty and reliable broadband infrastructure. Major employers like Sheridan Memorial Hospital and the local school district provide stable employment opportunities across the region.

Economy & Jobs

Average Salary
$58,000
Unemployment
3.20%
GDP
$0.0B
Business Score
70

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About Sheridan, Wyoming

Sheridan, Wyoming, is a historic and picturesque city nestled at the foot of the majestic Bighorn Mountains. Founded in 1882 during the region's booming railroad and cattle eras, it has evolved into a vibrant cultural and economic hub for northern Wyoming. The city preserves its rich Old West heritage through well-maintained Victorian architecture, historic ranches, and traditional rodeos, while simultaneously embracing modern amenities and a growing creative arts community. People are increasingly drawn to Sheridan for its stunning natural scenery, small-town community warmth, and exceptional proximity to world-class outdoor recreation like fishing, hiking, and skiing.

About Wyoming

Wyoming, known as "The Equality State," is characterized by its vast, open landscapes, including the Rocky Mountains and high-elevation prairies, fostering a lifestyle deeply connected to nature and a strong sense of community. The state's economy is primarily driven by mineral extraction, particularly coal, natural gas, oil, and trona, alongside a significant tourism industry centered around national parks like Yellowstone and Grand Teton, and agriculture, mainly livestock and hay. Living in Wyoming generally offers a lower cost of living compared to the national average, with no state income tax. The climate is typically semi-arid and continental, featuring dry, windy conditions with significant temperature extremes, long winters, and short growing seasons, while the lifestyle embraces a slower pace, self-reliance, and abundant outdoor recreational opportunities.

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