Thermopolis, WY
- Overview
- Performance
- Listings
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Key Performance Metrics
Market snapshotPerformance indicators for the Thermopolis short-term rental market based on reliable data.
Listings
41 / 91
Reliable / Active
Cap Rate
12%
Middle-Earners Gross Yield
Revenue
$23,728
Middle-Earners Revenue
Occupancy
53%
Middle-Earners Occupancy
Home Value
$203,211
Median Home Sale Price
Top Earners
$44,020
Top-Earners Revenue
Thermopolis
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Thermopolis.
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Generally Investor friendly
Thermopolis Regulations
STRs are explicitly allowed in Thermopolis with no specific local ordinances restricting them, eliminating complex permitting processes and caps that burden investors. The compliance requirements are standard business registrations (sales tax, business license) and general safety codes rather than STR-specific regulations. The 8% total tax burden and standard zoning compliance represent manageable overhead without deterring investment.
Local STR Agent
STR specialist · Thermopolis, WY
About Thermopolis
Thermopolis is the county seat and most populous town in Hot Springs County, Wyoming, United States. As of the 2020 U.S. Census, the town population was 2,725. Thermopolis, Greek for "hot city", is home to numerous natural hot springs, in which mineral-laden waters are heated by geothermal processes. The town is named for the hot springs located there.The town claims the world's largest mineral hot spring, appropriately named "The Big Spring", as part of Hot Springs State Park. The springs are open to the public for free as part of an 1896 treaty signed with the Shoshone and Arapaho Indian tribes. Dinosaur fossils were found on the Warm Springs Ranch in 1993, and the Wyoming Dinosaur Center was founded soon after.