Why Wyoming

Monday, June 26, 2017

In addition to consistently being named the nation’s “Most Business Friendly Tax Climate” five years running by the Tax Foundation, Wyoming provides a variety of advantages for businesses looking to relocate or expand.

Wyoming is a right-to-work state. Additionally, 7.1 percent of the state’s workforce are union members compared to 11.1 percent nationally (U.S. Bureau of Labor, 2015).

The state’s 301,770 labor force benefits from a strong commitment to education.

Wyoming consistently ranks among the top 10 states in annual K-12 per-pupil spending (currently about $17,000 per student). Wyoming spending per K-12 pupil increased 62 percent from 2005-15.

In January 2016, “Inside Higher Ed” named Wyoming best in the nation in terms of state funding for higher education. Wyoming was the only state to receive an “A” grade.

The percentage of Wyomingites 25 and older with at least a high school diploma is 92.3. The percentage with a bachelor’s degree or more is 25.1. (U.S. Census Bureau, 2010-14).

Wyoming is not unlike most states in facing an aging baby boomer population. However, Wyoming’s second most populated age group is 20-29, and the state’s median age of 36.9 is 14th youngest in the country (Wyoming Department of Administration and Information, 2016).

People of all ages benefit from Wyoming’s high quality of life, easy access to national and state parks, year-round recreational opportunities, open spaces and community/cultural events.

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