3 Wyoming Industries to Consider Training For
The Rocky Mountain region is full of spectacular beauty and places you never want to leave. But it's also home to flourishing towns and cities that are alive with opportunity. And Wyoming, in particular, has a lot going for it.
Although this state has the smallest population in America, its residents have been part of some great accomplishments. For instance:
- Wyoming doesn't have a state income tax.
- From 2011 to 2013, the southeastern region of Wyoming—an area that encompasses Cheyenne and Laramie and over 130,000 residents—experienced growth in personal income that averaged about eight percent annually.*
- In the city of Laramie, household income rose by over 50 percent between 2000 and 2011.**
- Wyoming's GDP was over $38 billion in 2016.***
All of that economic success has been generated by a number of different industries. But here are three that really stand out:
1. Health Care
Wyoming's health care sector offers a lot of attractive career opportunities to people within the state. In fact, the state's 27 hospitals directly generate almost 9,000 jobs. And they have a collective economic impact of over $445 million each year. †
With major interstate highways like I-25 and I-80 running through the state, Wyoming is a compelling location for many companies that specialize in ground transportation and logistics. Plus, even though Wyoming's largest cities—such as Cheyenne—are relatively small in comparison to those in other states, they still have a lot of car and truck owners. For example, in Laramie County (home of the state capital), more than 35,760 automobiles were registered in 2013.*
3. Computer Networking Technology
Attracted by a favorable climate for data hosting and electricity costs that are more than 20 percent below the national average, a lot of technology companies are setting up shop in Wyoming.**** For instance, Albany County (including Laramie) is gaining traction as a place with opportunities for those with backgrounds in information systems and computer technology.
* Cheyenne LEADS, website last visited on February 2, 2015.
** Laramie Chamber Business Alliance, website last visited on February 2, 2015.
*** Bureau of Economic Analysis, U.S. Department of Commerce, website last visited on November 28, 2017.
† Livability, "Wyoming's Thriving Hospitals Offer More Care Options for Residents," website last visited on November 28, 2017.