Laramie Storefronts in Wyoming
Laramie Storefronts in Wyoming

Laramie, WY

Real Estate in Laramie

  • About

  • History

  • Location

  • Things to do

  • Demographics

  • Culture

  • Schools

  • FAQ

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Here's why Laramie is one of the best places to purchase real estate

On the Laramie River in Wyoming, you will find Laramie, the third-largest city in the state of Wyoming, and the county seat of Albany County. Laramie is one of the best places to live in Wyoming because of its low population, low cost of living, low crime rate, low unemployment, good education system, and, most important, affordable housing. In addition to being a safe and pocket-friendly city, Laramie has a great art and culture scene and numerous outdoor recreational opportunities. If you are looking forward to moving to Laramie, here is a detailed assessment of the city and why owning real estate in Laramie would be the best decision you ever made.

History of Laramie

History of Laramie

Railroad track follows course of Bighorn River in central Wyoming

Laramie was established in the 1860s as a tent city close to the Overland Stage Line route on the Union Pacific Railroad. The railroad read Laramie on May 4, 1868, and the first passenger service began on May 10, 1868, encouraging entrepreneurs to build permanent buildings in the area. Laramie got its name from Jacques Laramie, a French-Canadian trapper named Jacques Laramie, who was the first person to visit the area in 1817. It is said that Jacques Laramie vanished into the Laramie Mountains in the 1820s while exploring the area. Most landmarks in Wyoming are also named after Jacques Laramie. Laramie has played a big part in advancing equal rights for women. Wyoming was recognized as a territory in 1869 and became the first legislature to pass a bill granting women equal political rights. In 1870, five women from Laramie became the first women in the world to serve on a jury. On September 6, 1870, Louisa Swain was the first woman in the U.S. to cast a legal vote in a general election. In 1998, the murder of Matthew Shepard, a gay student at the University of Wyoming, captured the world's attention and became a symbol of a campaign against hate crimes. The murder was the subject of an award-winning play later adapted as a movie known as The Laramie Project.

Railroad track follows course of Bighorn River in central Wyoming

Things to do in Laramie

Things to do in Laramie

Fort Laramie National Historic Site in Wyoming

While living in Laramie, Wyoming, you can do plenty of things. One of the things you can do is visit the Wyoming Territorial Prison State Historic Site. This prison has a lot of history, and it is famed for housing the famous Wild West outlaw Butch Cassidy. The Wyoming Territorial Prison was used as a prison from 1872 to 1901 when it was turned over to the University of Wyoming to be used as an agricultural research station. In addition to guided tours on specific days, this historic site also features a nature trail, picnic area, exhibits, and a gift shop.
You can learn more about the history of Laramie by visiting the historic downtown, Laramie. You will have a great time exploring the well-preserved buildings and experiencing the old west charm. You can also find stores selling western art, gift items, and other western souvenirs. If you love art, first visit the University of Wyoming Art Museum and pick a walking tour brochure to guide you to the best art places in downtown Laramie. Other places you can visit in this city include the Lincoln Memorial Monument, Old Lincoln Highway, and Laramie Plains Museum.
You cannot purchase Laramie real estate and stay all year indoors because the city offers a variety of fun outdoor activities. You can go fishing at Lake Hattie, which has the perfect PH for some big fish. If you are lucky, you might catch some of the biggest fish in the lake. The Laramie Greenbelt Trail has a nice 6-mile paved trail perfect for walking, jogging, or bike riding if you enjoy hiking or biking. The city has several parks where you can go skating or play sports such as tennis and basketball. After enjoying your day outdoors, you can end the day by having a beer or two at the Library Sports Grill & Brewery, the oldest brewery in the city.

Fort Laramie National Historic Site in Wyoming

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Location

Map showing Laramie

Location

Laramie is located on the Laramie River in southeastern Wyoming. The city sits on a high plain between the Snowy Range and Laramie Range. The Laramie Range is about 7 miles to the east, while the Snowy Range is about 30 miles to the west. Because of the city’s high elevation, it only receives about 11 inches of rain annually. When you buy real estate in Laramie, you should be prepared for long winters and short and cool summers. Laramie is at the junction of I-80 and US Route 287, and other highways that serve the city include I-80 BL, US 30, WYO 130, and WYO 230. The Union Pacific Railroad line still plays a huge role in transportation for the town.

Laramie demographics

Laramie demographics

Large group of people forming the shape of Wyoming

Laramie has a population of 31,407 people, with the majority being White (80.2%). The Median value of owner-occupied housing units is $225,400. Most Laramie real estate is affordable if you have enough savings or are qualified to get a mortgage. As of 2020, the median selected monthly owner costs with a mortgage were $1,524. When you find real estate for sale in Laramie, you can use it as your home or rent it. You can earn a profit if you buy real estate with several housing units since the city has a median gross rent of $824.
Laramie has a growing economy that offers lots of opportunities to its residents. The city has an unemployment rate of 4.3% compared to the US average of 6%. The top economic sectors in the city include retail trade, transportation, mining, finance and insurance, educational services, and real estate. The median household income in Laramie is $47,463, however, the city has a high percentage (23.9%) of people living below the poverty line.

Large group of people forming the shape of Wyoming

Arts in Laramie

Arts in Laramie

Laramie Mural Project in Wyoming

Laramie has an active art culture, which can be seen through different events and facilities. The Laramie Jubilee Days, which began in 1940, celebrate Wyoming’s Statehood. The event usually lasts several days and includes activities such as carnival rides, street fairs, parades, and rodeos. The city is home to the Geological Museum located at the University of Wyoming. The museum has several exhibitions on various items like minerals, rocks, and fossil specimens. Other museums in the city include the Laramie Plains Museum, the Wyoming Children’s Museum and the Nature Center, and the Wyoming House of Historic Women.
The University of Wyoming has a Fine Arts Concert Hall on its campus that usually hosts several concerts and recitals each year that you can watch. If the concert hall at the University of Wyoming does not have any concerts or recitals, you can visit the Gryphon Theatre and watch various entertainment acts perform. The city also has several parks with space and facilities for fun activities like swimming and sports. For example, if you purchase real estate in Laramie near the Community Recreation Center, you will have access to a swimming pool, water slides, full-court gymnasium, indoor playground, etc.

Laramie Mural Project in Wyoming

Schools in Laramie

Schools in Laramie

It is important to buy Laramie real estate in areas where you can find good schools for your children. The Albany County Schools District #1 governs the 19 public schools and serves over 4,000 students. The public schools in Laramie comprise seven elementary schools, one middle school, and two high schools. There are also several private schools and charter schools in the city, such as Laramie Montessori Schools and Snowy Range Academy. Laramie is home to the only public university in the state of Wyoming, the University of Wyoming. The University of Wyoming was founded in 1886, has over 12,000 students, and consists of seven colleges: education, engineering, applied sciences, law, health sciences, business, agriculture, natural resources, and arts and sciences. Other institutions of higher learning in the city include Laramie County Community College and WyoTech.

University of Wyoming in Laramie

Why Laramie?

Why Laramie?

Road to Casper Wyoming

Laramie is one of the coolest places to live in Wyoming; it has the vibes of a big city but retains the charm of an old small western town. The city has great outdoor recreational activities in the winter and summer, has affordable housing, a rich history, a growing economy, and a good education system. The city has a low population density, hence perfect for people looking for houses with enough space. The cost of living is low, therefore you can afford some of the real estates for sale in Laramie, Wyoming, without going over budget or getting into too much debt. If you are looking to buy real estate in Wyoming, Laramie is the perfect city for you.

Road to Casper Wyoming
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