Financial Literacy in Burns, WY
Burns, Wyoming is home to about 379 people. The population has grown 6.5% since 2020, from 356 to 379. The median age is 54.7, skewing older, where the pressing questions shift toward retirement income, medical costs and passing things on.
9.7% of Burns residents 25 and older have completed a bachelor's degree or more. That sits 12.4 points below the Wyoming average of 22.1%. Put the other way round: of the 289 adults 25 and over counted in the 2019–2023 ACS, roughly 261 — 90.3% — are building their financial lives without a four-year degree behind them.
The typical household here earns $49,851 a year. That is $16,325 below the Wyoming median. About 12.1% of residents live below the poverty line. The median home is valued at $198,500 — about 4× the median household income, a ratio that makes the arithmetic of a mortgage worth understanding before signing one.
Burns by the numbers
| Measure | Value |
|---|---|
| Population (2024) | 379 |
| Change since 2020 | +6.5% |
| Median household income | $49,851 |
| Adults 25+ with a bachelor’s degree | 9.7% |
| Adults 25+ with a high school diploma | 91.7% |
| Median age | 54.7 |
| Poverty rate | 12.1% |
| Unemployment rate | 0% |
| Median home value | $198,500 |
| Land area | 3.052 sq mi |
| Population density | 124 / sq mi |
What Wyoming teaches — and to whom
Wyoming embeds financial literacy in its content standards without a separate graduation mandate. Which means for most residents of Burns, whatever they know about money they picked up somewhere other than a classroom.
LearnLife organises this the way the decisions actually arrive: Emotional regulation — the self-management that decides whether the other skills ever get used; Money — budgeting, credit, debt and taxes — the mechanics nobody is formally taught; Legal literacy — leases, contracts, employment rights and what a signature actually commits you to.
Where to start in Burns
Shift from accumulating to drawing down
With a median age of 54.7, a large share of Burns is closer to drawing on savings than building them. The skills that matter shift accordingly: sequencing withdrawals, understanding Medicare's enrolment windows, and getting beneficiary designations and a will actually filled in.
Questions people ask about Burns
Do high school students in Burns, Wyoming have to take a personal finance class?
No. Wyoming sets no statewide requirement that students complete personal finance before graduating.
How many adults in Burns, Wyoming have a college degree?
9.7% of adults 25 and older hold a bachelor's degree or higher, based on the Census Bureau's 2019–2023 American Community Survey. The remaining 90.3% are managing their finances without one.
What is the median household income in Burns, Wyoming?
$49,851, per the Census Bureau's 2019–2023 American Community Survey.
Where can adults in Burns, Wyoming learn personal finance?
Graduation requirements only ever reach people still in school. For adults, LearnLife covers the same ground on demand — money, legal literacy and the self-management that decides whether either gets used.
Start with whichever one is costing you money right now.
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