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Lance Creek

Learn about the people, housing, costs and businesses in Lance Creek, Wyoming

Median Home$221,500
Median Rent$605/month
Population41
Leading IndustriesAgriculture & Mining · Construction · Wholesale Trade23% agriculture & mining
Retirees33% of residentstop 4% nationally
Homeowners62% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
Lance Creek
WY

Frequently Asked Questions

What are today's mortgage rates in Lance Creek?

As of today, the 30-year fixed mortgage rate for Lance Creek is approximately 6.933% (6.970% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Lance Creek?

The median home value in Lance Creek is $222k. The median monthly rent is $605. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Lance Creek?

Based on a typical all-in ownership cost of $667/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lance Creek is $64k/year.

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What industries drive the economy in Lance Creek?

The largest employment sectors in Lance Creek are public administration (26%) and agriculture and mining (23%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.