Bankruptcy by State
Bankruptcy in Wyoming
How Wyoming's bankruptcy exemptions, Chapter 7 income limits, and filing volume compare to the rest of the country.
Homestead exemption
$100,000
#18 of 51
Vehicle exemption
$5,000
#13 of 51
Median income (1 person)
$71,745
Chapter 7 means-test threshold
Annual filings
577
Year 2025
Wyoming vs. national medians
National medians are calculated across all 51 states plus the District of Columbia. Ranks run from #1 (highest) to #51 (lowest). Where a state publishes a range or a conditional amount, the exemption is shown in full and ranked by its guaranteed minimum.
| Metric | Wyoming | National median | Rank |
|---|---|---|---|
| Homestead exemption | $100,000 | $90,000 | #18 of 51 |
| Motor vehicle exemption | $5,000 | $7,250 | #13 of 51 |
| Median income (1-person household) | $71,745 | $71,745 | #26 of 51 |
| Median income (4-person household) | $110,297 | $126,058 | #42 of 51 |
| Annual bankruptcy filings | 577 | 8,707 | #49 of 51 |