Casper – September 12, 2013 – (RealEstateRama) — The Wyoming Profile of Demographics, Economics and Housing semiannual report dated September 5, 2013 with information through June 30, 2013 is now available to the general public. The publication is sponsored and distributed by the Wyoming Community Development Authority (WCDA), Wyoming’s housing finance agency.
The profile report contains statistical and narrative information about trends in Wyoming’s economy and demographics and how those trends affect housing.
The demographic information examines Wyoming’s population growth, in and out-migration and poverty levels. The economic information reports on state employment, personal income, median family income, and personal bankruptcy. Housing information includes the examination of households, the housing price index, existing home sales prices, homeowner vacancy rates, new construction building permits, rental rates, rental vacancy rates, manufactured housing, and available mobile home lots in Wyoming. Also included are surveys on rental vacancy and a housing needs assessment. The profile report now features an easy to use, electronic searchable dashboard making it easier to sort the information and also compare county to county or region to region. To view the WCDA Dashboard, visit http://www.wyomingcda.com/index.php/partners/C40
According to figures reported to the Department Of Revenue by county assessors, the statewide average cost of purchasing an existing single-family home located on 10 acres or fewer fell from $250,958 in 2010 to $241,301 in 2011, but rose in 2012 to $266,406. The average sales price increased in many counties, with prices declining in only 7 counties.
Executive Summary excerpt from the Wyoming Profile of Demographics, Economics and Housing report.
Every county in Wyoming is profiled in relation to its housing information and needs. A ‘Housing Needs Forecast’ and a commentary on Wyoming housing are also included.
According to WCDA Executive Director David Haney, the information contained in the semiannual report is extremely useful to state agencies, housing organizations, banking institutions, lenders, real estate agents, local governments, economic development groups, and businesses looking to locate in Wyoming.
Copies of the Wyoming Profile of Demographics, Economics and Housing report are available free of charge and may be downloaded from the WCDA website: http://www.wyomingcda.com/index.php/partners/C40
The information in the 2013 Profile was gathered by the Wyoming Housing Database Partnership. Data partners include the Wyoming Department of Transportation, the Wyoming County Assessors, the Wyoming Department of Administration and Information – Division of Economic Analysis, the Wyoming Department of Revenue, and the Multiple Listing Service Organizations of Campbell County, Casper, Cheyenne, Northwest Wyoming, and Teton County. Other partners include the Wyoming Association of Municipalities, the Wyoming County Commissioners Association, the Wyoming Economic Development Association, and the Wyoming Business Council.
For more information, contact the WCDA at (307) 265-0603.
WCDA Communications Coordinator
greiner (at) wyomingcda (dot) com
The WCDA was created in 1975 by state statute as an instrumentality of the State of Wyoming. It receives no state funding but instead brings private capital to Wyoming on the strength of federal tax benefits for investment into affordable homes and rental apartments.