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Rock Springs

Learn about the people, housing, costs and businesses in Rock Springs, Wyoming

Median Home$243,590
Median Rent$907/month
Population22,755
Leading IndustriesManufacturing · Agriculture & Mining · Information & Media13% manufacturing
Home Value Growth+7.2% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners72% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
Rock Springs
WY

Frequently Asked Questions

What are today's mortgage rates in Rock Springs?

As of today, the 30-year fixed mortgage rate for Rock Springs is approximately 6.961% (6.999% 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 Rock Springs?

The median home value in Rock Springs is $244k. The median monthly rent is $907. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Rock Springs?

Home values in Rock Springs have increased 7.2% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Rock Springs?

Based on a typical all-in ownership cost of $981/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $42k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Rock Springs is $71k/year.

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What industries drive the economy in Rock Springs?

The largest employment sectors in Rock Springs are public administration (20%) and agriculture and mining (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.