POPULATION: 532,668 (2008 estimate)
LABOR FORCE: 289,924 (May 2009)
RIGHT TO WORK: Yes
TRADITIONAL INDUSTRIES: Mining, tourism, agriculture
EXPANDING INDUSTRIES: 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
