Although Wyoming is not a typical retirement destination, active adults and retirees should consider living in an active lifestyle community in this state. Wyoming, known as the Cowboy State, offers a low cost of living, low sales tax and affordable home prices. Wyoming is the ninth largest state in the U.S. and has plenty of outdoor activities and recreation that can appeal to the adventurous active adult.
Climate & Geography
Wyoming is located in the Rocky Mountain region of the United States. The state is bordered on the north by Montana, on the east by South Dakota and Nebraska, on the south by Colorado and Utah, and on the west by Utah, Idaho, and Montana. Wyoming is made up of 23 counties and is 97,914 square miles in size.
Wyoming has the second highest elevation in the U.S. at 6,700 feet above sea level. Wyoming usually has a dry and windy climate that is generally semi-arid and continental. Precipitation usually occurs in the late spring and early summer seasons with less than ten inches of rainfall per year, but can go up to 45 inches per year as rain or snow due to mountain ranges and high elevation prairie lands.
Summer temperatures range from 85 to 95 degrees during the day and summer nights can see an average of 50 to 60 degrees due to rapid cool downs from high elevations. Winters in Wyoming can be cold with temperatures ranging from five to ten degrees.
Recreation, Culture & Entertainment
Age-restricted communities in Wyoming offer plenty of things to do from national landmarks and cultural attractions to outdoor recreational activities, which means active adults living in 55+ communities will never have a dull moment. Residents aged 55 and better can visit the famous Yellowstone and Grand Teton national parks both located in Northwest Wyoming. These beautiful mountain ranges offer scenic views of vast landscapes where climbers, hikers, and photographers can enjoy the great outdoors. Devils Tower, a flat-topped volcanic formation that s 1,200 feet high is another natural wonder in Wyoming.
There are a wide variety of sports and recreation as well. Active adults living in 55+ communities in Wyoming can visit Jackson Hole Mountain Resort or Grand Targhee Resort, which are two of the best spots for snowboarding and skiing.
Active adults seeking other types of recreational activities can enjoy all the culture and history that Wyoming has to offer, such as the Pioneer Museum, Laramie Peak Museum, Heart Mountain, WWII Japanese American Confinement Site, and Rock Springs Historical Museum. There are also many Native American organizations throughout Wyoming that offer interesting cultural events and festivals close to 55+ neighborhoods.
Cost of Living & Taxes
The cost of living in an active adult community in Wyoming is approximately 3% below the national average and median home prices are around $170,000. Active lifestyle communities can enjoy the reasonable tax climate in Wyoming. The state does not levy individual or corporate income taxes and doesn t assess any tax on retirement income earned and received from another state. Wyoming has a state sales tax of 4%, while counties have the option of collecting an additional 1% tax for general revenue and a 1% tax for specific purposes. Wyoming doesn t collect taxes on inheritance.
Active adult communities in Wyoming have access to about 30 hospitals and healthcare centers. Cheyenne Regional Medical Center is ranked for its high-performing specialty in Pulmonology. Other hospitals and healthcare centers close to 55+ communities include Star Valley Medical Center in Afton, West Park Hospital in Cody, and St. John's Medical Center in Jackson.