Counties / Wyoming / Platte County

Platte County, WY

FIPS 56031 · population 8,612 · outside every metro area

$278k
Zillow home value · 2026-06
The numbers

What this county costs and earns

Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.

Zillow home value
$278k
▲ 0.2% year over year
Zillow ZHVI · direct
ACS median gross rent
$781
occupied-unit survey; not current asking rent
Census ACS · surveyed
Gross yield
n/a
gross yield cannot be computed without measured market rent
requires both measured price and measured rent
HUD 2-bed standard
$963
the Section 8 payment standard
HUD Fair Market Rent · direct
Independent price check

Do two methods point the same way?

Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.

Both annual signals move in the same direction
FHFA five-year cumulative+37.0%not annualized · through 2025
0%ZILLOW ZHVI2026-06+0.2%FHFA HPI2025+4.0%
Annual changes use different methods and may use different periods. The comparison checks direction and magnitude; it does not create a blended estimate. Zillow county ZHVI pulled 2026-07-26; FHFA annual county HPI pulled 2026-07-28.
Owner-reported value$298k
Surveyed gross rent$781
Rent burden 30%+33.9%
Median year built1976
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
17.9%vacant
4,688estimated housing units
Occupied tenure23.9% renter
owner 76.1%renter 23.9%
Structure mix70.1% single-family
Single-family 70.1%20+ units 2.6%Mobile home 21.4%Other 5.8%
ACS estimates describe the standing housing stock and occupied tenure. They do not measure current listings, transaction prices or asking rents.

Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.

Annual average covered jobs3,331▲ 0.1% from the prior annual release
Covered establishments426annual average reporting locations
Average weekly wage$1,061▲ 3.6% from the prior annual release
Largest private supersectorTrade, transportation, and utilities36.9% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS+0.1%WEEKLY WAGE+3.6%Trade, transportation, and utilities36.9%
Annual QCEW counts cover jobs located at reporting establishments. The industry share uses disclosed private covered employment; it is not a resident-employment measure or a forecast.

Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2025 vs 2024 · pulled 2026-07-31. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.

County brief

What the local evidence says

01Decision frame

Platte County is a mixed screen for buyers who need current rent coverage or a clear resale signal: the Zillow county median home value was $277,771 in 2026-06, up just 0.19% year over year. By contrast, FHFA’s repeat-transaction HPI increased 3.97% for 2025. These are not comparable home values or matching time frames; the index supports transaction-price appreciation while Zillow shows a nearly flat later county value observation. Investigate the divergence rather than combine the rates, and do not assume either series establishes exit pricing.

02Housing economics

Housing economics cannot yet support a yield screen. Market asking rent is not published, so gross yield cannot be calculated. HUD’s $963 monthly two-bedroom FMR is a payment standard, not an estimate of market rent, and must not substitute for it. The effective property-tax rate is 0.52%, with median annual tax of $1,549; both matter to carrying-cost review, but neither supplies insurance, maintenance, vacancy, or debt costs. Obtain comparable leased rents and property-specific tax bills before assessing coverage.

03Demand & competition

Demand evidence is narrow and mixed. Net tax-return migration was minus 34 households, although inbound movers had higher average AGI than outbound movers; that composition detail does not establish tenant demand. QCEW counted 3,331 annual covered jobs at county workplaces in 2025, a 0.12% annual increase; this is neither resident employment nor a forecast. Trade, transportation, and utilities was the largest disclosed private supersector, at 36.94% of private covered jobs, warranting employer-exposure review. Investor mortgages represented 4.35% of 92 purchases, indicating limited measured non-occupant mortgage participation, not a count of all investor or cash purchases.

04Risk & next checks

The supplied climate model places expected annual building-value loss at 0.17%, aligned with inland flood as the dominant hazard; it is modeled loss, not a property insurance quote or dollar estimate. No Realtor.com MLS listing-price, active-listing, days-on-market, or price-reduction figures are published, preventing a read on asking-price competition, visible supply, marketing time, or seller concessions. Missing market rent, flood-zone and insurance terms, operating costs, property condition, and closed-sale comparables prevent a property-level coverage, hazard-cost, and exit-price conclusion. Next checks are lease comps, flood and insurance records, tax bills, and closed transactions.

Cities & communities

Where people live within Platte County

Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.

Population scale

Largest Census places

ACS 2024 5-year
Wheatland town3.6KGuernsey town754Glendo town243Chugwater town228Chugcreek CDP160Y-O Ranch CDP120Westview Circle CDP117Lakeview North CDP100
Bars use total place population, not a county-share estimate. An asterisk marks a place that crosses a county line.
Official directory

12 Census places

Population
  1. 01
    Wheatland townIncorporated place
    3,550
  2. 02
    Guernsey townIncorporated place
    754
  3. 03
    Glendo townIncorporated place
    243
  4. 04
    Chugwater townIncorporated place
    228
  5. 05
    Chugcreek CDPCensus-designated place
    160
  6. 06
    Y-O Ranch CDPCensus-designated place
    120
  7. 07
    Westview Circle CDPCensus-designated place
    117
  8. 08
    Lakeview North CDPCensus-designated place
    100
  9. 09
    Slater CDPCensus-designated place
    99
  10. 10
    Hartville townIncorporated place
    88
  11. 11
    Whiting CDPCensus-designated place
    58
  12. 12
    El Rancho CDPCensus-designated place
    47

Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.

Risk, demand and competition

The three things a price does not tell you

01
Risk & carrying costFEMA NRI + Census ACS
Dominant hazardinland flooding

0.170% of building value expected lost per year

Effective property tax0.52%

$1,549 median annual bill

02
DemandIRS SOI household flows
Net migration-34

244 in · 278 out

Arriving vs leaving income+$1,859

$55,078 arriving · $53,219 leaving

03
CompetitionHMDA financed purchases
Purchases by investors4.3%

4 of 92 mortgages

investorother financed
No rent index is published for this county.Zillow’s county rent series does not cover every county, and estimating one from a neighbouring county would be a guess wearing a number’s clothes. Everything above is measured here; no wider market is mapped for it either.
Bear case

What can break the county thesis

  1. Comparable leased rents may show insufficient income to support carrying costs despite the county value signal.
  2. Property-specific inland-flood exposure or insurance terms may be materially worse than the county modeled loss ratio.
  3. Missing MLS and closed-sale evidence may reveal weaker liquidity or greater seller concessions than county-level signals indicate.
Underwriting questions

Before pricing a property

Can gross yield be calculated from the supplied record?

No. Market asking rent is not published, and HUD two-bedroom FMR is a payment standard rather than market rent.

What buyer competition from investors is measured?

Investor mortgages accounted for 4.35% of 92 purchases; this excludes unmeasured cash purchases and other investor activity.

What is the supplied hazard signal?

Inland flood is the dominant hazard, and modeled expected annual building-value loss is 0.17%.