Ranchester, Wyoming.
Typical home $409,660 (-1.9% in a year). Sheridan, WY metro.
to buy the typical home at today's mortgage rate — +$1,127 (+110%) since Jan 2020.
- 1 year
- Down $8,010 -2%
- $417,671$409,660 since Sep 2025
- 5 years
- Up $71,258 +21%
- $338,402$409,660 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Ranchester$2,150
- Wyoming$1,937
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 18 years.
Typical home values in Ranchester, WY fell 1.9% over the past year — slower than the nation's +1.2%.
Living in Ranchester, Sheridan County, Wyoming
Ranchester is a town of 1,064 people in Sheridan County. Half its households earn more than $69,464 a year and half less, against $71,388 across Sheridan County; 17% of its people live below the poverty line. 83% of its homes are lived in by their owners and 17% are rented. Unemployment in Sheridan County was 2.5% in August 2026, and the county had 2.2% more jobs in 2025 than the year before. The most people in Sheridan County work in schools and health care, then construction.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Ranchester is a very small town in Sheridan County, where nearly everyone lives in a home they own. Household incomes run a little below the county's, and a good share of residents live below the poverty line. Winters are cold and snowy, with December the coldest month, while summers are warm in July and the year brings modest rain and melted snow overall.
Work. Residents work mainly in schools, hospitals and social care, the building trades, professional and business services, and government. Across Sheridan County, the largest workplaces include the Veterans Health Administration, the Memorial Hospital of Sheridan County and the Sheridan County School District. Unemployment across the county is low and has barely moved from a year earlier, and the county added a few more jobs last year. Commutes are fairly short, and some residents work from home.
Things to do. Bighorn National Forest, a protected area, and the Little Bighorn River are both a longer drive away. Tongue River Reservoir State Park is another protected area a longer drive out, and Rosebud Battlefield State Park, an archaeological site, lies in the same direction. These are places for a day out rather than a quick errand.
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- 470households
- 32%of adults have a degree
- 17%below the poverty line
- 23 mintypical commute
- 12%work from home
What people in Sheridan County work in
Employed residents by industry, from the Census survey. Sheridan County had 14,727 jobs in 2025, 2.2% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in December, with highs near 36° and lows near 10°; warmest in July, with highs near 85° and lows near 51°. About 68 inches of snow and 18 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Dayton weather station, 5 miles away (NOAA).
Largest workplaces in Sheridan County
- Wood Group USAOil and gas field services on a contract basis720
- Veterans Health AdministrationFederal government · Department of Veterans Affairs693
- Mem. Hospital of Sheridan CTYGeneral hospital631FTE
- Sheridan County School District #2School district558FTE
- Wood Group PSNOil and gas field services on a contract basis445
- WalmartWarehouse clubs and supercenters368
- Northern Wyoming Community College DistrictTwo-year college294
- Sheridan County School District #1School district201FTE
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 20 workplaces with 20 or more staff, 2,419 people in all across the county; Ranchester has one of its own. Federal offices come from OPM's federal workforce data (2026), hospitals from their Medicare cost reports (CMS, 2023), school districts from the Common Core of Data (NCES, 2023–24) and colleges from IPEDS (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Winter weatherVery high
- Inland floodingVery high
- LightningVery high
- Cold wavesVery high
- WildfireRelatively high
- HailRelatively high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Ranchester’s census tracts, against the rest of the country; all of them together, very high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Sheridan County and the Sheridan, WY metro.
Ranchester home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Ranchester$409,660
- Wyoming$369,044
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Ranchester9
Zip codes with a Ranchester address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Ranchester — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.