Thermopolis, WY

  • Overview
  • Performance
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Key Performance Metrics

Market snapshot

Performance indicators for the Thermopolis short-term rental market based on reliable data.

Listings

52 / 92

Reliable / Active

Cap Rate

11%

Middle-Earners Gross Yield

Revenue

$23,049

Middle-Earners Revenue

Occupancy

54%

Middle-Earners Occupancy

Home Value

$203,683

Median Home Sale Price

Top Earners

$45,941

Top-Earners Revenue

Thermopolis

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Thermopolis.

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B

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.

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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.

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