Property details·Lusk, Niobrara County, Wyoming·32630711900600
802 Radium Street
Lusk, WY 82225
Niobrara County
32630711900600
42.765040, -104.461299
County context
Niobrara County doesn't appear on most maps of consequence. Straddling the high plains of eastern Wyoming near the Nebraska border, it covers nearly 2,700 square miles and holds fewer than 2,500 people — a population density of under one person per square mile. Lusk, the county seat and only incorporated town, is the kind of place where the grain elevator is a landmark and everyone knows the county sheriff by first name. Yet beneath the surface of this sparse Great Plains outpost lies a demographic portrait that defies easy categorization.
At $194,200, the median home value here is barely 60% of the national figure — and the price-to-income ratio of roughly 4x actually aligns with the national benchmark, a genuine rarity in today's housing market. For buyers, that looks like opportunity. But context matters: a 17.2% housing vacancy rate signals that the market isn't exactly competitive. These aren't distressed or abandoned properties driving prices up — they're simply homes sitting empty in a county that has been slowly depopulating for decades as ranching operations consolidate and young people leave for Casper, Cheyenne, or beyond.
| Stat | Value | Context |
|---|---|---|
| Median Home Value | $194,200 | ~61% of national median |
| Vacancy Rate | 17.2% | more than 1 in 6 homes sits empty |
| Severe Rent Burden | 26.7% | high for such a low-rent market |
| Child Poverty Rate | 25.9% | nearly double the overall poverty rate |
Here's what's genuinely surprising: in a county where median rent is just $775 — well below national norms — more than a quarter of renters are severely rent-burdened, meaning they spend over half their income on housing. That figure points not to an expensive market but to an income problem concentrated among a specific population. The county's 17.6% overall poverty rate is notable, but the 25.9% child poverty rate tells the sharper story. This is a community where working-age households with children are financially squeezed, even in a place most outsiders would consider affordable.
With a median age of 49.6 — nearly a decade older than the national figure — and nearly 30% of residents over 65, Niobrara County's demographics mirror those of rural agricultural counties across the Great Plains experiencing quiet but sustained decline. Labor force participation at 52.2% reflects this aging reality more than any slack in employment; the 3.3% unemployment rate suggests that those who want work are finding it, likely in ranching, local government, or the oil and gas sector that still maintains a modest presence in eastern Wyoming.
A 15% work-from-home rate is higher than many expect for a county this rural, suggesting that broadband access — available to 81.4% of households — has allowed at least some remote workers or retirees to plant roots here while earning income elsewhere.
What makes Niobrara County unique? It is one of the least densely populated counties in the contiguous United States, yet maintains functional infrastructure, relatively affordable homeownership, and a tight-knit ranching culture centered on Lusk. Its combination of genuine affordability with persistent poverty — particularly among children — makes it a microcosm of the broader rural Great Plains challenge.
Is Niobrara County a good place to buy property? For buyers seeking low prices and minimal competition, the math is favorable — homes are priced near the traditional income-to-value benchmark of 4x. The caveat is the high vacancy rate and population decline, which limit appreciation potential. This is a lifestyle buy, not an investment play.
Why is child poverty so high if homes are affordable? Affordability is relative to income. The households struggling most in Niobrara County tend to be younger families whose incomes lag well behind even the modest local median, in an economy with limited rungs to climb. Affordable housing alone doesn't close that gap.
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