Median Salary
$60,926
Vs National Avg
Hourly Wage
$29.29
Dollars / Hr
Workforce
N/A
Total Jobs
Growth
+3%
10-Year Outlook
Here is a comprehensive career guide for Real Estate Agents considering a move to Gillette, Wyoming.
A Career Analyst's Guide: Real Estate in Gillette, WY
As a career analyst who has studied labor markets across the Mountain West, I can tell you that Gillette is a unique beast. It’s an energy-driven boomtown sitting on top of some of the world’s largest coal reserves, nestled in the high plains of northeastern Wyoming. For a Real Estate Agent, this isn't a sleepy resort town or a sprawling metro; it's a tight-knit, cyclical market where knowing the right people and the right land use regulations matters more than in almost any other place in the country.
This guide strips away the promotional fluff. We’re looking at the hard numbers, the commute times, the local dynamics, and the reality of making a living in the "Energy Capital of the Nation."
The Salary Picture: Where Gillette Stands
First, let's look at the raw numbers. The data for Real Estate Agents can be tricky because most are 100% commission-based, but Bureau of Labor Statistics (BLS) data provides a solid baseline for median annual earnings.
In Gillette, the Median Salary for Real Estate Agents is $60,926/year. This breaks down to an hourly equivalent of roughly $29.29/hour. It’s important to understand that this isn't a guaranteed wage; it’s an annualized median of what agents actually take home after commissions.
For context, this is slightly below the National Average of $61,480/year. However, given Gillette’s Cost of Living Index of 97.0 (compared to the US average of 100), your dollar stretches slightly further here than in most of the country.
Experience-Level Breakdown
While specific local data for every tier is scarce, we can project earnings based on national trends adjusted for Gillette’s market volume. There are approximately 66 real estate brokerage jobs in the metro area.
| Experience Level | Estimated Annual Earnings | Key Characteristics |
|---|---|---|
| Entry-Level (0-2 Years) | $35,000 - $50,000 | Heavy reliance on rentals and assisting senior agents. Focus on learning the distinct zoning between residential, agricultural, and industrial land. |
| Mid-Career (3-7 Years) | $60,000 - $85,000 | This is where the median $60,926 falls. Agents here have a steady client base, often specializing in suburban family homes or the booming rental market for energy workers. |
| Senior (8-15 Years) | $85,000 - $120,000+ | These agents handle high-value ranch properties and luxury homes in areas like Spring Creek or the foothills. They have deep connections with energy company executives. |
| Expert (15+ Years) | $120,000+ | Typically broker-owners or specialists in commercial/industrial real estate. They navigate complex land deals involving mineral rights—a critical factor in Wyoming. |
Comparison to Other WY Cities
Gillette’s market is robust but smaller than the state’s major hubs.
| City | Median Salary | Market Vibe | Competition Level |
|---|---|---|---|
| Gillette | $60,926 | Energy-driven, transient workforce, high rental demand. | Moderate. The "insider" network is strong. |
| Cheyenne | ~$62,000 | Government/State capital, more stable, diverse economy. | High. More agents competing for state-level deals. |
| Casper | ~$59,000 | Oil & gas service hub, similar cyclical nature to Gillette. | Moderate-High. Direct competitor for energy sector clients. |
| Jackson Hole | ~$95,000+ | Luxury/Resort market. Extremely high earning potential but also very high barrier to entry and cost of living. | Extremely High (for luxury). |
Insider Tip: Don't chase the Jackson Hole numbers unless you have significant capital and luxury connections. Gillette offers a more attainable path to a solid middle-class income with a lower startup cost.
📊 Compensation Analysis
📈 Earning Potential
Wage War Room
Real purchasing power breakdown
Select a city above to see who really wins the salary war.
The Real Take-Home: After Taxes and Rent
A salary of $60,926 sounds decent, but what does it look like in your bank account in Gillette?
Assumptions for a Single Agent:
- Gross Annual Income: $60,926
- Estimated Taxes (Federal + State + FICA): ~22% ($13,400)
- Net Annual Income: ~$47,526
- Net Monthly Income: ~$3,960
Monthly Budget Breakdown:
- Rent (1BR Average): $921
- Utilities (Electric/Heat/Internet): $200 (Winters are cold; heating bills are real)
- Car Payment/Gas (Essential—no public transit): $450
- Groceries: $350
- Health Insurance (if not broker-covered): $300
- Professional Fees (MLS, E&O Insurance, Marketing): $250
- Miscellaneous/Savings: $1,489
Can they afford to buy a home?
Yes, absolutely. With a net monthly income of ~$3,960 and a mortgage payment (including taxes/insurance) for a $300,000 home likely sitting around $1,800 - $2,000 (depending on down payment and rates), a mid-career agent is well within the standard 28-30% housing cost guideline.
The median home price in Gillette hovers around $315,000 - $340,000. For an agent earning the median salary, homeownership is very achievable, often more so than in renting markets with higher premiums.
💰 Monthly Budget
📋 Snapshot
Where the Jobs Are: Gillette's Major Employers
As a Real Estate Agent, your clients are the people working for these major local employers. Understanding their hiring trends dictates your housing demand.
- Campbell County Health (CCH): The primary healthcare provider and largest employer in the county. They run the Memorial Hospital of Campbell County. Hiring Trend: Steady growth as the population ages and the hospital expands services. This brings in nurses, doctors, and admin staff needing stable housing.
- Peabody Energy (North Antelope Rochelle Mine): The world's largest coal mine. While the energy sector fluctuates, Peabody remains a massive economic driver. Hiring Trend: Project-based and tied to global coal demand. High-paying jobs fuel demand for high-end rentals and home purchases.
- Arch Resources (Black Thunder Mine): Another major coal operator. Similar to Peabody, their workforce dictates a significant portion of the luxury rental and home market. Hiring Trend: Cyclical, but currently stable due to export demands.
- Campbell County School District #1: A massive school district covering a huge geographic area. Hiring Trend: Constant need for teachers and staff. This is a reliable source of mid-income buyers looking for family homes in suburbs like Fox Hills or Commercial Addition.
- Baron Energy / Local Oil & Gas Service Companies: While not as large as the coal mines, the oil and gas service sector is active in the Powder River Basin. Hiring Trend: More volatile than coal, but provides a stream of transient workers needing short-term furnished rentals.
- City of Gillette / Campbell County Government: Stable public sector employment. Hiring Trend: Slow but steady. These employees look for long-term residence and often buy in established neighborhoods.
Insider Tip: The rental market is heavily influenced by the "man camps" (temporary housing for energy workers). If you specialize in property management, knowing the turnover schedules of these major employers is gold.
Getting Licensed in WY
Wyoming has a straightforward but rigorous licensing process managed by the Wyoming Real Estate Commission (WREC).
Requirements:
- Age & Residency: Must be 18+ and a US citizen/permanent resident.
- Education: Complete 54 hours of approved pre-licensing education. This can be done online through providers like The CE Shop or Kaplan. Cost: $300 - $500.
- Exam: Pass the Wyoming Real Estate Salesperson Exam (national and state portions). Testing is done at Pearson VUE centers (the nearest is often in Casper or Sheffield, IL). Exam fee: $115.
- Background Check: Fingerprinting and background check required. Cost: ~$75.
- Sponsorship: You must be sponsored by a Wyoming-licensed broker before you apply for your license.
- Application: Submit application to WREC. Fee: $200.
Total Estimated Startup Cost: $700 - $900 (excluding post-licensing courses).
Timeline:
- Study Time: 4-8 weeks (part-time).
- Exam Scheduling: 1-2 weeks to book an appointment.
- Licensing Processing: 2-4 weeks after passing exam and submitting paperwork.
- Total: Approximately 2.5 to 4 months from starting education to holding your license.
Insider Tip: Wyoming is a "non-reciprocal" state with most others. If you're licensed in another state, you'll likely still need to take the Wyoming state exam portion. Start this process before moving.
Best Neighborhoods for Real Estate Agents
Where you live affects your commute, your networking, and your perception by clients. Gillette is spread out.
Fox Hills / Commercial Addition:
- Vibe: The classic suburban dream. Tree-lined streets, established 1970s-90s homes, excellent schools.
- Commute: 5-10 minutes to downtown or the hospital. Very central.
- Rent Estimate: $1,100 - $1,400/month for a 3BR home.
- Best For: Agents with families or those who want to project stability and community roots.
Downtown / Historic District:
- Vibe: Walkable, revitalizing. Older homes, some apartments, close to local breweries and restaurants.
- Commute: Walking or 2-minute drive anywhere downtown.
- Rent Estimate: $800 - $1,100/month for a 1-2BR apartment or older home.
- Best For: Young, single agents who want to be in the social heart of the city and network easily.
South Gillette (Near I-90):
- Vibe: Newer construction, larger lots, more modern amenities. Think big-box stores and chain restaurants.
- Commute: 10-15 minutes to downtown; easy highway access for showing properties in outlying areas.
- Rent Estimate: $1,200 - $1,600/month for newer rentals.
- Best For: Agents who prefer modern living and need quick access to the interstate for rural listings.
Rural Fringe (Cam-El Ranch, etc.):
- Vibe: Acreages, horses, privacy. True Wyoming living.
- Commute: 15-25 minutes to town. Requires reliable vehicle and winter driving skills.
- Rent Estimate: $1,500 - $2,500+ for a house on land (often not listed publicly; word-of-mouth).
- Best For: Agents who specialize in ranch properties or luxury homes. Living the lifestyle sells the lifestyle.
Insider Tip: Living in the rural fringe can be a marketing tool if you're targeting the high-end market. However, the winter commute (blizzards are real) can be a logistical nightmare for showing appointments.
The Long Game: Career Growth
Gillette isn't a "get rich quick" market, but it offers sustainable growth for those who specialize.
Specialty Premiums:
- Ranch & Land Specialist: Learning mineral rights, water rights, and grazing leases is a niche that pays well. A single ranch sale can eclipse a year's worth of residential deals.
- Property Management: With a transient workforce, managing rentals for absentee owners (often investors out of state) is a steady income stream.
- Commercial/Industrial: As the city grows, commercial space for retail and light industry is in demand. This requires a Commercial license endorsement.
Advancement Paths:
- Broker Associate: After 2 years of experience and additional coursework, you can become a broker. This allows you to open your own firm or earn higher splits.
- Team Leader: Join a top-producing team to scale volume. In Gillette, teams are common and effective due to the high demand for immediate response.
- Broker/Owner: The ultimate goal. Overhead is lower here than in major metros, but the client base is smaller.
10-Year Outlook (Jobs in Metro: 66 | Growth: 3%):
The 10-year job growth is projected at 3%, which is slower than the national average for real estate. This reflects Gillette’s maturity as an energy hub and its limited population growth (Metro Population: 33,278). The market is stable but not explosive. Agents who adapt to market cycles (energy booms and busts) and diversify into property management or land sales will thrive. Those relying solely on high-volume residential sales during a downturn may struggle.
The Verdict: Is Gillette Right for You?
| Pros | Cons |
|---|---|
| Low Cost of Living: Your $60,926 median salary goes further here than in Cheyenne or Jackson. | Market Volatility: Heavily tied to coal/energy. A downturn can freeze the luxury market instantly. |
| Achievable Homeownership: Buying a home is within reach for mid-career agents. | Isolation: It's a 3-hour drive to Casper, 4+ to Denver. Limited cultural amenities compared to larger cities. |
| Tight-Knit Network: It’s easier to build a reputation and get referrals in a small city. | Harsh Winters: Blizzards and cold snaps can disrupt business for days. A 4WD vehicle is a necessity, not a luxury. |
| Diverse Property Types: You can sell suburban homes, ranches, and commercial properties in one career. | Limited Inventory: The housing market is often tight, with low inventory driving prices up. |
Final Recommendation:
Gillette is an excellent choice for a Real Estate Agent who is resilient, self-motivated, and adaptable. It's not a market for those who need a bustling social scene or a guaranteed, steady paycheck from day one. However, for an agent looking to build a solid, middle-class career with low startup costs, low competition relative to larger markets, and the potential to specialize in unique property types, Gillette offers a compelling and realistic opportunity.
FAQs
1. Do I need a car?
Absolutely, yes. Public transportation is virtually non-existent. You will need a reliable vehicle, preferably with All-Wheel Drive or 4WD, for navigating rural listings and winter roads.
2. How competitive is the market with only 66 agents?
While 66 seems small, the market is competitive because the total volume of transactions is also limited. The "insider" factor is real. You must build trust quickly. However, with a 3% growth rate, there is room for new agents who are professional and persistent.
3. Are mineral rights a big deal?
Yes, critical. In Wyoming, the surface rights and mineral rights can be severed. As an agent, you must understand what you are selling. Always recommend your clients consult with a land attorney, but your knowledge of this will set you apart.
4. What’s the biggest challenge for new agents in Gillette?
The first 12 months. It takes time to build a network in a town where relationships are everything. You need a financial cushion to cover living expenses while you get your first few deals closed. Many new agents take on part-time work or property management to bridge the gap.
5. Is the market shifting away from coal?
Diversification is happening, but slowly. The city is investing in retail, healthcare, and tourism. However, for the foreseeable future, the energy sector will remain the primary economic driver. A smart agent watches energy market trends as closely as real estate trends.
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