If you are looking for a home in Wyoming, considering a Rent to Own property can be an alternative avenue to home ownership. Advantages of the lease option system allows you to rent the property and experience what it’s like to be a homeowner without buying outright while also accumulating equity and funds to contribute to your down payment, should you decide to buy the home. You can also use the leasing period to take care of any lingering financial problems that might affect your ability to be approved for a mortgage later.
Western Charm and Equality for AllWyoming is a state where you can breathe easy and observe beautiful vistas as far as the eye can see. State parks and nature are very abundant and attract people from across the country to see it’s unique landscape features. Major industries in the Equality/Cowboy State include livestock, mining, and petroleum. Population growth averages at about 0.2 percent annually. Job growth in continues at 1.1 percent and unemployment sits at 4 percent. For average income, the median household income is $37,892 and the median family income is $45,685 annually.
Yellowstone National Park, WY Source: National GeographicBuying a Home in Wyoming
Home values in Wyoming are stable and strong, making it a great place to build your onw little homestead. As of April 2015, the average home value in Wyoming was $177,000. Some of the most popular metro areas in Wyoming are Cheyenne, Casper, Laramie, Gillette, and Rock Springs.
Wyoming offers a wide range of great educational opportunities from its extensive national park system to top of the line school systems. School rankings are mostly good to average throughout the Cowboy/Equality State with the best schools concentrated in the northwest. Wyoming has notable universities that include the University of Wyoming, Casper College, Sheridan College, Northwest College, and Central Wyoming College.
Wyoming is among the safest states in the nation. In terms of annual crime, violent crime rates are below the 3.8 per 1,000 residents national average at 2.05 while property crime is 21.98 per 1,000 residents and is below the 27.3 national average.
Devil's Tower, WY. Via EurekaCulture and Entertainment
If there's one thing Wyoming is known for its the incredible natural features the state houses. Most famous points of interest include Devil’s Tower, Yellowstone National Park, Old Faithful, Grand Teton National Park, and Fossil Butte National Monument. The Cowboy/Equality State embraces its rustic Western roots by producing several annual rodeos and outdoor activities as well as being home to some of the most diverse natural wonders in the country.