Economy
-
Area Info //
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
View the local providers:
Something not quite right? .