This section is generated from cached city metrics and clearly labeled state-level benchmarks. It is meant to make the Torrington page less generic and more useful for comparing housing, income, utilities, taxes, insurance, demographics, and nearby alternatives.
Affordability Summary
Population is 6,174, so Torrington should be compared with similar-size places before using broader Wyoming averages. Median household income is $53,393, so the best affordability read for Torrington is income versus housing, taxes, utilities, and insurance together.
Median home value is $194,100, so ownership costs in Torrington should be checked with mortgage, property tax, insurance, and maintenance assumptions. Two-bedroom rent is $816/mo, so renters can compare Torrington against ownership costs and nearby rental markets.
Housing and Income Context
For Torrington, income is more constrained, so utilities, rent, and taxes deserve extra attention. Home values are comparatively low, but maintenance, taxes, and utilities still matter.
Use the home value, rent, and income fields together before deciding whether Torrington looks more favorable for renting, buying, or comparing with Lusk, WY.
Utility Cost Context
The residential electricity benchmark is $0.136/kWh, so Torrington households should treat usage, home size, heating, and cooling as the practical bill drivers. The electricity value shown for Torrington is a Wyoming state-level EIA benchmark, so it should not be read as a local provider tariff.
For Torrington, utility planning is stronger when the electric benchmark is paired with home age, square footage, insulation, HVAC equipment, and household occupancy.
Property Tax Context
Median property tax paid is $1,289, so Torrington buyers should still verify parcel-specific tax records before budgeting. Parcel boundaries, exemptions, school districts, and reassessment rules can move the actual bill for a Torrington address.
Compare the property tax field with home value rather than reading it by itself; a lower tax bill can still pair with a different assessment base or exemption profile.
Insurance and Risk Context
Insurance costs in Torrington depend on address-level factors such as roof condition, structure age, coverage limits, claims history, deductible choice, and carrier underwriting.
Home value, tax burden, and insurance exposure should be reviewed together for Torrington, especially when comparing with Lusk, WY.
Population and Demographics
Median age is 38.8, so Torrington may have different school, commute, healthcare, and housing demand patterns than a statewide average. Bachelor+ share is 20.3%, so Torrington education context can be useful when reading labor-market and school sections.
Unemployment is 3.5%, so Torrington wage and job-market context should be compared with commute options and regional employment centers.
