Economy

Jackson Hole is a picturesque mountain valley in the northwestern corner of Wyoming. Approximately 60 miles long and 20 miles wide, Jackson Hole starts with the town of Jackson, the only incorporated community in Teton County, and a winter and summer playground for outdoor enthusiasts internationally.

FINANCIAL INSTITUTIONS
Jackson Hole is served by four financial institutions:
Bank of Jackson Hole
US Bank
First Interstate Bank
Wells Fargo Bank and Trust

TAXES
Income Tax – Wyoming has no personal income tax.
Sales & Use Tax - State 4%; County option 1%; County option capital facilities tax 1%.

 

Teton County Sales & Use Tax Collections
1994 1995 1996 1997 1998
$29.2m $29.3m $31.9m $30.1m $38.1m

EMPLOYMENT

 

MAJOR EMPLOYERS SUMMER WINTER
Grand Targhee Resort 125 325
Grand Teton Lodge Company 1000 40
Grand Teton National Park 330 140
Jackson Hole Mountain Resort 200 940
Signal Mountain Lodge 140 6
Snow King Resort 222 270
St. John's Hospital 500 500
Teton County School District 50 380

 

 

TETON COUNTY EMPLOYMENT
Total Employment Total Labor Force Unemployment Rate
1996 10,395 10,697 2.8%
1997 10,292 10,565 2.6%
1998 10,691 10,921 2.1%

 

 

REAL ESTATE & BUILDING ACTIVITY
1996 1997 1998 1999 2000
Numbers Sold 163 253 244 335 220
Average Price $482,000 $539,000 $377,000 $549,000 $923,000

 

 

CONDOS/TOWNHOUSE SALES
1996 1997 1998 1999 2000
Numbers Sold 109 153 224 247 273
Average Price $192,000 $240,000 $196,000 $328,000 $367,000

New Building Permits
1999: 487
2000: 453

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