Wyoming economy doing better than national average
CASPER, wyo – According to U.S. Census Bureau findings, Wyoming is doing better economically than many other states thanks to the mining and energy industries.
The state's median income is about $53-thousand: the 20th highest in the country. Across Wyoming, 9.8 percent of people are living below the poverty level, compared to 14.3 percent nationally.
The figures Census findings were analyzed by the state Economic Analysis Division, and senior economist Wenlin Liu says that energy exploration has lifted the average household's living standard to another level.
Wyoming has the lowest percentage of households using food stamps at 5.2 percent. But human service providers say people are seeking assistance because their hours have been cut or because they have to pay for their own health insurance.