POPULATION: 544,770 (2009 estimate)
LABOR FORCE: 291,322 (May 2010)
RIGHT TO WORK: Yes
TRADITIONAL INDUSTRIES: Mining, tourism, agriculture
EXPANDING INDUSTRIES: Renewable energy, natural
resources and mining, construction,
wholesale trade, transportation,
warehousing, utilities, data and
information
COLLEGE GRADUATES: (Age 25 and over) 23.4%
BASIC BUSINESS TAXES:
Corporate Tax: No state income
tax; no inventory tax; no franchise
tax; no gross sales tax
Sales and Use Tax: 4 percent
statewide retail sales tax; an additional
2 percent may be added on
the local level.
Property Tax: Creates a tax system
that provides a level system for all
types of business. Based on a
de-facto assessment classification,
commercial and other real and
personal property is assessed at 9.5
percent of market value; industrial
plants assessed at 11.5 percent of
current value. Mill levy rates vary
among local jurisdictions but average
70 mills.
BUSINESS INCENTIVES
Business Ready Communities
Grant and Loan Program
Community Development
Block Grants:
• Technical assistance grants
• Infrastructure grants
• Planning only grants
• Job training grants
Work force training grants
Quick Start Workforce Training
Program
Wyoming Partnership Challenge
Loan Program
Wyoming Industrial Development
Corp.:
• Industrial Development Revenue
Bonds
Sales tax exemption for data center
equipment