Saratoga, WY Profile: Facts & Data

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Saratoga, Wyoming - Basic Facts

The Town of Saratoga had a population of 1,643 as of July 1, 2023.

The primary coordinate point for Saratoga is located at latitude 41.455 and longitude -106.8064 in Carbon County. The formal boundaries for the Town of Saratoga encompass a land area of 3.4 sq. miles and a water area of 0.19 sq. miles. Carbon County is in the Mountain time zone (GMT -7).

The Town of Saratoga has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Wyoming is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Town of Saratoga is located within Saratoga Division of Carbon County.


Jump to... (On This Page!)
  1. Saratoga 2023 Demographic Data
  2. Growth Rates for Saratoga (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Wyoming Research Tools (Easy Tools & Current Data)
  3. Wyoming Data Comparison Tool - 2023 Demographics
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Saratoga, WY Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 1,643 (100%)
Population in Households 1,625 (98.9%)
Population in Families 1,248 (76.0%)
Population in Group Quarters1 18 ( 1.1%)
Population Density 484
Diversity Index2 29
 
 

INCOME

Median Household Income $64,455
Average Household Income $91,832
% of Income for Mortgage4 24%
Per Capita Income $43,896
Wealth Index5 85
Socioeconomic Status Index6 Moderate (59.8)
 

HOUSING

Total HU (Housing Units) 998 (100%)
Owner Occupied HU 583 (58.4%)
Renter Occupied HU 202 (20.2%)
Vacant Housing Units 213 (21.3%)
Median Home Value $262,179
Average Home Value $308,405
Housing Affordability Index3 106
 

HOUSEHOLDS

Total Households 785
Average Household Size 2.07
Family Households 454
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population -1.08% -0.43%
Households -0.54% -0.03%
Families   -0.35%
Median Household Income   2.94%
Per Capita Income   3.29%
Owner Occupied HU   0.20%

Saratoga, WY - Peer Comparisons by Rank and Percentile

The table below compares Saratoga to the other 205 incorporated cities, towns and CDPs in Wyoming by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 40 81st
Population Density # 69 67th
Median Household Income # 108 48th
Housing Affordability Index # 143 70th
Per Capita Income # 55 74th
Diversity Index # 97 53rd

Additional comparisons and rankings can be made with a VERY EASY TO USE Wyoming Census Data Comparison Tool.

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