The community is located near the center of the Bighorn Basin with the Big Horn River east of the town.

Basin's post office, built in 1919, is listed on the National Register of Historic Places.

[6] Basin is known as The Lilac City and hosts the Big Horn County Fair each summer.

[8] In general, the eastern portion of the Bighorn Basin is hotter than the rest of Wyoming during the summer months.

[9] Due to frequent low humidity, daily temperature ranges are large, whilst due to the very dry conditions snowfall is among the lightest in the northern Rockies and Plains region – it is not uncommon for no measurable precipitation to fall in a month between September and April.

31.5% of all households were made up of individuals, and 15.8% had someone living alone who was 65 years of age or older.

31.3% of all households were made up of individuals, and 16.5% had someone living alone who was 65 years of age or older.

[16][17] The facility was operated by the Wyoming Board of Charities and Reform until that agency was dissolved as a result of a state constitutional amendment passed in November 1990.

[18] The United States Postal Service operates the Basin Post Office.

[19] Public education in the town of Basin is provided by Big Horn County School District #4.